Rexford Industrial Realty Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents

Rexford Industrial Realty Inc Q1 2023 Earnings Call Summary

Rexford Industrial Realty Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents
Rexford Industrial Realty Inc Q1 2023 Earnings Call Summary
Published Apr 20, 2023
17 pages (9967 words) — Published Apr 20, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of REXR.N earnings conference call or presentation 20-Apr-23 5:00pm GMT

  
Brief Excerpt:

...A. Highlights: Strong results reflect Co.'s entrepreneurial approach to creating value and the strength of the infill Southern California industrial property market. 1. 2. For 1Q, Co. increased earnings or FFO per share by 8%, enabled by a full 34% increase in core FFO. 3. Co. grew consolidated NOI by 33% vs. prior year qtr., driven by strong and accretive internal and external growth. 4. Completed robust 1.8m sq. ft. of lease activity during 1Q, achieving leasing spreads of: 80% on a GAAP basis. a. b. 60% on a cash basis. 5. If Co. excludes one legacy renewal on a lease with the county of Los Angeles, who exercise their 3% fixed option, leasing spreads were 97% on a GAAP basis and 77% on a cash basis....

  
Report Type:

Brief

Source:
Company:
Rexford Industrial Realty Inc
Ticker
REXR.N
Time
5:00pm GMT
Format:
PDF Adobe Acrobat
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Rexford Industrial Realty Inc Q3 2022 Earnings Call Summary – 2022-10-20 – US$ 54.00 – Edited Brief of REXR.N earnings conference call or presentation 20-Oct-22 5:00pm GMT

Rexford Industrial Realty Inc Q3 2022 Earnings Call Transcript – 2022-10-20 – US$ 54.00 – Edited Transcript of REXR.N earnings conference call or presentation 20-Oct-22 5:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Rexford Industrial Realty Inc Q1 2023 Earnings Call Summary" Apr 20, 2023. Alacra Store. May 02, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Rexford-Industrial-Realty-Inc-Earnings-Call-B15518124>
  
APA:
Thomson StreetEvents. (2023). Rexford Industrial Realty Inc Q1 2023 Earnings Call Summary Apr 20, 2023. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Rexford-Industrial-Realty-Inc-Earnings-Call-B15518124>
  
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