secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2026-09-17T20:16:33+00:00
Accession:  0001571283-26-000051
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial closes $1.2B sale of 22 industrial properties to EQT Real Estate
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- Sold 22 industrial properties (5.2M sq ft) to EQT Real Estate affiliate for ~$1.2B; lease term 2.7 yrs, rents 28% above market.
- Proceeds used: $485M debt repaid and $205M stock repurchased in Q3-to-date; $492M debt and $505M buybacks YTD.
- Dispositions YTD total $1.5B within full-year guidance of $1.5-2.0B; portfolio estimated 2027 cash NOI yield ~5.5%.
- Reaffirmed 2026 guidance from Q2 earnings release dated July 23, 2026; year-end 2026 Net Debt/EBITDAre seen at 3.5x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128326000051/0001571283-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128326000051/rexr-20260916.htm
  HTML page:      https://secwatch.observer/filing/0001571283-26-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer