---
schema_version: "secwatch.filing_event.v1"
accession: "0001571283-23-000022"
form_type: "8-K"
ticker: "REXR"
cik: "0001571283"
company_name: "Rexford Industrial Realty, Inc."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:36:22.968544+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rexford Industrial Q1 Core FFO $0.52 (+8.3% YoY); raises 2023 guidance above initial range

## Summary
- Net income $57.9M ($0.30 diluted) vs $43.9M ($0.27) year ago; Core FFO $102.7M (+34% YoY).
- Same Property Portfolio NOI up 7.3% GAAP and 10.7% cash; average occupancy 98.0%.
- New and renewal leases on 1.8M sq ft with GAAP spreads of 80.2% and cash spreads of 59.7%.
- Closed $804.3M of acquisitions YTD (incl. post-quarter); net debt to enterprise value 13.6%.
- Updated 2023 Core FFO guidance to $2.11-$2.15 per diluted share ($2.08-$2.12 initial).

## SEC filing metadata
- accession: 0001571283-23-000022
- form_type: 8-K
- ticker: REXR
- cik: 0001571283
- company_name: Rexford Industrial Realty, Inc.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571283/000157128323000022/0001571283-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571283/000157128323000022/rexr-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571283-23-000022
- JSON: https://secwatch.observer/filing/0001571283-23-000022.json
- Plain text: https://secwatch.observer/filing/0001571283-23-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.