---
schema_version: "secwatch.filing_event.v1"
accession: "0001571283-23-000031"
form_type: "8-K"
ticker: "REXR"
cik: "0001571283"
company_name: "Rexford Industrial Realty, Inc."
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:22:45.005644+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rexford Industrial Q2 Core FFO $0.54 (+10%); raises 2023 guidance

## Summary
- Net income $51.6M ($0.26/sh) vs $36.1M ($0.22/sh) YoY.
- Core FFO $108.4M (+32.8%) or $0.54/sh (+10.2%).
- Same Property NOI +8.0%, Cash NOI +10.0%; leasing spreads GAAP +96.8%, cash +74.8%.
- Acquisitions $142.7M; equity offering $750.6M; net debt/EV 16%.
- Updated 2023 Core FFO guidance to $2.13-$2.16/sh; Q3 dividend $0.38/sh.

## SEC filing metadata
- accession: 0001571283-23-000031
- form_type: 8-K
- ticker: REXR
- cik: 0001571283
- company_name: Rexford Industrial Realty, Inc.
- filed_at: 2023-07-19T23:59:59+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/1571283/000157128323000031/0001571283-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571283/000157128323000031/rexr-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571283-23-000031
- JSON: https://secwatch.observer/filing/0001571283-23-000031.json
- Plain text: https://secwatch.observer/filing/0001571283-23-000031.txt

## Key facts
- Earnings Releases
  Rexford Industrial Realty, Inc. reported the six months ended June 30, 2023 results: net income $109.4 million, EPS $0.55 per diluted share.
  - Period: the six months ended June 30, 2023
  - Net income: $109.4 million
  - EPS: $0.55 per diluted share
  - Result: reported results
  source text: For the six months ended June 30, 2023, net income attributable to common stockholders was $109.4 million, or $0.55 per diluted share, compared to $80.0 million, or $0.49 per diluted share for the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571283/000157128323000031/0001571283-23-000031-index.htm
- Earnings Releases
  Rexford Industrial Realty, Inc. reported the second quarter of 2023 results: net income $51.6 million, EPS $0.26 per diluted share.
  - Period: the second quarter of 2023
  - Net income: $51.6 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: Rexford Industrial Announces Second Quarter 2023 Financial Results Los Angeles, California - July 19, 2023 - Rexford Industrial Realty, Inc. (the “Company” or “Rexford Industrial”) (NYSE: REXR), a real estate investment trust (“REIT”) focused on creating value by investing in and operating industrial properties within Southern California infill markets, today announced financial and operating results for the second quarter of 2023. Second Quarter 2023 Financial and Operational Highlights: • Net income attributable to common stockholders of $51.6 million, or $0.26 per diluted share, as compared to $36.1 million, or $0.22 per diluted share, for the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571283/000157128323000031/0001571283-23-000031-index.htm

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