secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001571283-22-000027
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial acquires 1.06M sf industrial project for $470M; secures $400M term loan
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- Acquired private REIT owning a 1,057,419 sf six-building industrial project in Eastvale, CA for $470M cash.
- Entered $400M Term A-2 Facility under existing credit agreement; proceeds for acquisition funding and corporate purposes.
- Term loan matures July 19, 2024 with two one-year extension options.
- Seller is unaffiliated; project sits on approximately 49.7 acres.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000027/0001571283-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000027/rexr-20220719.htm
  HTML page:      https://secwatch.observer/filing/0001571283-22-000027

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