---
schema_version: "secwatch.filing_event.v1"
accession: "0001571283-24-000019"
form_type: "8-K"
ticker: "REXR"
cik: "0001571283"
company_name: "Rexford Industrial Realty, Inc."
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:41:55.741366+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Rexford Industrial Q1 Core FFO up 11.5% to $0.58/diluted share; raises 2024 guidance

## Summary
- Net income attributable to common stockholders $58.6M ($0.27/diluted) vs $57.9M ($0.30) prior year; prior year included $12.1M gains on sale.
- Company share of Core FFO $123.5M (+20.3% YoY); Core FFO per diluted share $0.58 (+11.5% YoY).
- Same Property Portfolio NOI +5.5% (GAAP) and +8.5% (cash); avg occupancy 96.8%.
- Completed $1.1B in acquisitions (3.2M sq ft); issued $1.15B exchangeable notes; dividend declared $0.4175/share for Q2 2024.
- Updated 2024 guidance: Core FFO $2.31-$2.34 per diluted share (up from $2.27-$2.30); Same Property NOI growth GAAP 4.25%-5.25%.

## SEC filing metadata
- accession: 0001571283-24-000019
- form_type: 8-K
- ticker: REXR
- cik: 0001571283
- company_name: Rexford Industrial Realty, Inc.
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571283/000157128324000019/0001571283-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571283/000157128324000019/rexr-20240417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571283-24-000019
- JSON: https://secwatch.observer/filing/0001571283-24-000019.json
- Plain text: https://secwatch.observer/filing/0001571283-24-000019.txt

## Key facts
- Earnings Releases
  Rexford Industrial Realty, Inc. reported the first quarter of 2024 results: net income $58.6 million, EPS $0.27 per diluted share.
  - Period: the first quarter of 2024
  - Net income: $58.6 million
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: Rexford Industrial Announces First Quarter 2024 Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571283/000157128324000019/0001571283-24-000019-index.htm

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