Rexford Industrial Posts 5% Q2 Growth

Rexford Industrial Realty (NYSE:REXR), the industrial real estate investment trust concentrating on Southern California’s infill markets, reported Q2 2025 financial results on Wednesday, July 16, that exceeded analysts' consensus expectations. The company delivered revenue of $249.5 million, which outperformed analyst estimates of $245.1 million. Core funds from operations (FFO) per share of $0.59 beat the $0.25 estimate by a wide margin. Despite these headline beats, Core FFO per share slipped 1.7% from the prior year quarter, and key operational metrics like same property occupancy and net operating income reflected softening market conditions.

Overall, the quarter demonstrated steady progress in Rexford’s redevelopment and leasing, while highlighting a more cautious stance on acquisitions.

Source: Rexford Industrial Realty. Note: Analyst consensus estimates for the quarter provided by FactSet. FFO = Funds from operations. NOI = Net operating income. YOY = Year over year.

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Source Fool.com