HighGravityData

Rexford Industrial Realty — Feb 4, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-26-000003
Open on SEC.gov ↗
Showing in the filing
Additional dispositions under contract or accepted offer
“$230 million”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
Dividend for Q1 FY2026
“$0.435 per share”
Quarterly common stock dividend for Q1 FY2026
“$0.435 per share, an increase of 1.2%”
Additional dispositions under contract or ac…
“$230 million”
New stock repurchase program authorization
“$500 million”
Series B Cumulative Redeemable Preferred Sto… for Q1 FY2026
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Series C Cumulative Redeemable Preferred Sto… for Q1 FY2026
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for FY2026
“$1.15” – “$1.20”
Same Property Portfolio NOI Growth - Net Eff… for FY2026
“(1.5)%” – “(2.5)%”
Same Property Portfolio NOI Growth - Cash for FY2026
“(1.0)%” – “(2.0)%”
Average Same Property Portfolio Occupancy (F… for FY2026
“94.8%” – “95.3%”
Dispositions for FY2026
“$400M” – “$500M”
Repositioning/Development Annualized Stabili… for FY2026
“$19M” – “$21M”
Repositioning/Development Starts (SF) - High for FY2026
“1.1M”
Repositioning/Development Starts (Total Esti… for FY2026
“$130M” – “$140M”
General and Administrative Expenses for FY2026
“+/-$60M”
Interest Expense for FY2026
“+/- $112M”
Company share of Core FFO per diluted share for FY2026
“$2.35” – “$2.40”
Exhibit 99.1 · the passage around this item
… earlier in the release
For the full year 2025, the Company disposed of seven properties, totaling 589,534 square feet, for an aggregate sales price of $217.5 million, generating a weighted average unlevered IRR to the Company of 12.4%. The Company has an additional $230 million of dispositions under contract or accepted offer, inclusive of six properties that were in the near-term development pipeline. These transactions are subject to customary due diligence and closing conditions; as such, there is no guarantee the Company will close on these transactions. The Company currently has no acquisitions under contract or accepted offer. Balance Sheet The Company ended the fourth quarter of 2025 with $1.4 billion of total liquidity, including $165.8 million in unrestricted cash on hand and $1.245 billion available under its unsecured revolving credit facility. During the fourth quarter, the Company repurchased 2,443,438 shares of its common stock under its common stock repurchase program at a weighted average price of $40.93 for a total cost of $100.0 million. For the full year 2025, the Company repurchased 6,327,283 shares of its common stock under its stock repurchase program at a weighted average price of $39.51 per share for a total cost of $250.0 million. Subsequent to year end, the Company's Board of Directors authorized a new $500 million stock repurchase program, which superseded and replaced the prior program. The Company has full availability under
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.