Rexford Industrial initiates $1.25B ATM equity program; prior $1.0B program terminated

Rexford Industrial Realty, Inc.

New ATM offering allows sale of up to $1.25 billion of common stock through multiple sales agents.
Prior $1.0B ATM program terminated; $834.6 million in common stock had been sold under it.
Proceeds to fund acquisitions, repay debt, development, and general corporate purposes.
Company may enter forward sale agreements with select agents; compensation up to 2% of gross proceeds.
Sales will be made at-the-market on NYSE or through market makers, subject to market conditions.

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