LOS
ANGELES, April 3, 2024 /PRNewswire/ -- Rexford
Industrial Realty, Inc. (the "Company" or "Rexford Industrial")
(NYSE: REXR), a real estate investment trust focused on creating
value by investing in and operating industrial properties located
throughout infill Southern
California, has received the 2024 Green Lease Leader
Platinum recognition, the highest distinction announced by
the Institute for Market Transformation and the U.S.
Department of Energy's Better Buildings Alliance at the Better
Buildings, Better Plants Summit. Green Lease Leaders recognizes
landlords and tenants who set national Green Lease standards that
foster collaborative action on energy efficiency and
sustainability.
Rexford Industrial received the Green Lease Leader Platinum
designation in recognition of the Company's collaborative tenant
sustainability engagement, validated science-based targets and high
green building standards dictated by Rexford's ESGi focus.
The Company was acknowledged for its commitment to sustainable
buildings and leasing by working with tenants to collect and share
utility data, improve resource efficiency and mitigate
climate-related risks.
"Rexford Industrial continues to foster sustainable
collaboration with tenants through the Green Lease Leader program,
and we are honored to receive the 2024 Green Lease Leader Platinum
designation," stated Michael Frankel and Howard
Schwimmer, Co-Chief Executive Officers of the Company. "By
executing on Rexford Industrial's holistic ESGi strategy, we
drive substantial value and sustainable growth for all
stakeholders, tenants and the communities in which we operate."
Rexford Industrial's ESGi Report
detailing milestones, initiatives and goals can be found under
the ESG section of the Company's website
at https://www.rexfordindustrial.com/ESG.
About Rexford Industrial
Rexford Industrial creates
value by investing in, operating and redeveloping industrial
properties throughout infill Southern
California, the world's fourth largest industrial market and
consistently the highest-demand, lowest supply market in the
nation. Rexford Industrial's highly differentiated strategy
enables internal and external growth opportunities through its
proprietary value creation and asset management capabilities.
Rexford Industrial's high-quality, irreplaceable portfolio
comprises 422 properties with approximately 49.1 million
rentable square feet occupied by a stable and diverse tenant base.
Structured as a real estate investment trust (REIT) listed on the
New York Stock Exchange under the ticker "REXR," Rexford Industrial
is an S&P MidCap 400 Index member. For more information, please
visit www.rexfordindustrial.com.
Forward-Looking Statements
This press release may
contain forward-looking statements within the meaning of the
federal securities laws, which are based on current expectations,
forecasts and assumptions that involve risks and uncertainties that
could cause actual outcomes and results to differ materially.
Forward-looking statements relate to expectations, beliefs,
projections, future plans and strategies, anticipated events or
trends and similar expressions concerning matters that are not
historical facts. In some cases, you can identify forward-looking
statements by the use of forward-looking terminology such as "may,"
"will," "should," "expects," "intends," "plans," "anticipates,"
"believes," "estimates," "predicts," or "potential" or the negative
of these words and phrases or similar words or phrases which are
predictions of or indicate future events or trends and which do not
relate solely to historical matters. While forward-looking
statements reflect the Company's good faith beliefs, assumptions
and expectations, they are not guarantees of future performance.
For a further discussion of these and other factors that could
cause the Company's future results to differ materially from any
forward-looking statements, see the reports and other filings by
the Company with the U.S. Securities and Exchange Commission,
including the Company's Annual Report on Form 10-K for the year
ended December 31, 2023. The Company
disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors, of new information, data or methods, future
events or other changes.
Contact:
investorrelations@rexfordindustrial.com
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SOURCE Rexford Industrial Realty, Inc.