secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2022-03-21T23:59:59+00:00
Accession:  0001571283-22-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford acquires SoCal industrial property for $24M; issues new Series 3 CPOP units
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- Acquired one industrial property in Southern California for ~$24.0M.
- Paid ~$12M cash and issued 164,998 Series 3 CPOP Units (liquidation preference $72.72825/unit, aggregate ~$12M).
- Series 3 CPOP Units carry 3.00% cumulative cash distribution, payable quarterly, convertible 1-for-1 into common units.
- Created Series 3 CPOP Units via Eighth Amended and Restated Partnership Agreement filed as Exhibit 10.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000008/0001571283-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000008/rexr-20220317.htm
  HTML page:      https://secwatch.observer/filing/0001571283-22-000008

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