Rexford Industrial Realty Inc is a self administered and self managed full service real estate investment trust focused on owning operating and acquiring industrial properties in Southern California infill markets. The company generates attractive risk adjusted returns for stockholders by providing superior access to industrial property investments and mortgage debt investments secured by industrial property in high barrier Southern California infill markets. Rexford Industrial Realty Inc acquires owns improves repositions develops leases and manages industrial real estate primarily located in Southern California infill markets and from time to time acquires or provides mortgage debt secured by industrial property. The company also sells assets programmatically as part of its capital allocation strategy. As of December 31 2025 the consolidated portfolio consisted of 419 properties with approximately 51.2 million rentable square feet. Rexford Industrial Realty Inc has elected to be taxed as a REIT under the Internal Revenue Code of 1986 as amended commencing with the taxable year ended December 31 2013 and is generally not subject to federal taxes on income to the extent it distributes REIT taxable income to shareholders and maintains REIT qualification.

Rexford Industrial Realty Inc generates revenue primarily through rental income from its portfolio of industrial properties located in Southern California infill markets. The company earns income by leasing industrial space to tenants across diverse industry sectors under long term and short term lease agreements. Additional revenue is derived from mortgage debt investments secured by industrial property where the company acts as a lender. Rexford Industrial Realty Inc also generates proceeds from the programmatic sale of assets as part of its capital allocation strategy which are redeployed into higher return opportunities such as value add repositioning projects share repurchases or selective acquisitions. The company's revenue stream is supported by its intensive asset management strategy focused on increasing cash flow and occupancy through proactive tenant renewal re tenanting at higher rents and property repositioning and development activities. As of December 31 2025 the company had 1 558 leases with no single tenant accounting for more than 2.4% of total annualized base rent indicating a well diversified tenant base contributing to stable rental income.

The company operates through the following segments:

Rexford Industrial Realty Inc holds a strong position within the Southern California industrial real estate market as a focused owner operator and acquirer of properties in high barrier infill areas. The company benefits from the largest and most fragmented industrial market in the nation which demonstrates favorable long term tenant demand fundamentals amid ongoing scarcity of supply. Rexford Industrial Realty Inc differentiates itself through its vertically integrated platform featuring in house teams for acquisitions analytics underwriting asset management repositioning development property management sales leasing design construction management finance accounting legal technology and human relations. The company's competitive strengths include superior access to value add off market lightly marketed and marketed acquisition opportunities due to its deep broad network of relationships with property brokers lenders owners and tenants in Southern California. Rexford Industrial Realty Inc employs data and event driven analytics and primary research to identify emerging investment opportunities such as below market leased properties properties with curable functional obsolescence generational ownership changes and financial stress related to properties owners lenders and tenants. The company's value add repositioning and development expertise allows it to transform outdated inefficient buildings into high functioning energy efficient higher value industrial properties while pursuing U S Green Building Council LEED certification for ground up developments. Rexford Industrial Realty Inc maintains a growth oriented flexible and conservative capital structure with a net debt to total market capitalization ratio of 24.9% as of December 31 2025 supporting financial flexibility for future growth.

Rexford Industrial Realty Inc serves a broad tenant base drawn from diverse industry sectors across its portfolio of industrial properties in Southern California infill markets. The company's tenant mix reduces exposure to tenant default risk and earnings volatility with no single tenant accounting for more than 2.4% of total annualized base rent as of December 31 2025. Rexford Industrial Realty Inc's portfolio is geographically diversified within the Southern California market across the following submarkets Los Angeles 57.3% San Bernardino 18.7% Orange County 10.9% San Diego 6.8% and Ventura 6.3%. The company leases industrial space to tenants including manufacturers distributors logistics providers e commerce fulfillment centers food and beverage companies healthcare providers and other businesses requiring industrial space for operations storage and distribution. Rexford Industrial Realty Inc maintains direct day to day relationships with tenants through its in house asset management leasing construction management and customer solutions departments enhancing recurring cash flow and reducing vacancy periods.