secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001571283-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial Q4 Core FFO $0.49 (+8.9% YoY); raises dividend 20.6% to $0.38
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- Q4 net income $40.7M ($0.22 diluted); Core FFO $90.3M ($0.49), up 8.9% per share YoY.
- Same Property Portfolio Cash NOI up 10.7% QoQ; 98.0% avg occupancy; leasing spreads 77% GAAP, 52.4% cash.
- Acquired $357.9M in Q4, $2.4B in 2022; subsequent-to-quarter closed $405M acquisitions.
- Dividend raised to $0.38/share from $0.315 (20.6% increase), payable April 17, 2023.
- 2023 guidance: Core FFO $2.08-$2.12 per share; Same Property NOI growth 7.5%-8.5% GAAP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128323000003/0001571283-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128323000003/rexr-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001571283-23-000003

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