HighGravityDataRexford Industrial Realty — Apr 21, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-26-000017
Showing in the filing
Same Property Portfolio NOI Growth - Net Effective
“(2.5)% - (1.5)%”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 26
New stock repurchase program authorization for FY2028
“$500 million”
Dispositions Under Contract or Accepted Offer
“approximately $170 million”
Common Stock Dividend per Share for Q2 FY2026
“$0.435 per share”
Dividend for Q2 FY2026
“$0.435 per share”
Series B Cumulative Redeemable Preferred Sto… for Q2 FY2026
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Series C Cumulative Redeemable Preferred Sto… for Q2 FY2026
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for Q1 FY2026
“$1.22 - $1.27”
Net Income Attributable to Common Stockholde… for FY2026
“$1.15 - $1.20”
Company share of Core FFO per diluted share for Q1 FY2026
“$2.37 - $2.42”
Company share of Core FFO per diluted share for FY2026
“$2.35 - $2.40”
Same Property Portfolio NOI Growth - Net Eff… for Q1 FY2026
“(2.0)% - (1.0)%”
Same Property Portfolio NOI Growth - Net Eff… for FY2026
“(2.5)% - (1.5)%”
Same Property Portfolio NOI Growth - Cash for Q1 FY2026
“(1.5)% - (0.5)%”
Average Same Property Portfolio Occupancy (F… for Q1 FY2026
“95.1% - 95.6%”
Average Same Property Portfolio Occupancy (F… for FY2026
“94.8% - 95.3%”
Dispositions for Q1 FY2026
“$400M - $500M”
Repositioning/Development Annualized Stabili… for Q1 FY2026
“$16M - $18M”
Repositioning/Development Annualized Stabili… for FY2026
“$19M - $21M”
Repositioning/Development Starts (SF) for Q1 FY2026
“1.2M”
Repositioning/Development Starts (SF) for FY2026
“1.1M”
Repositioning/Development Starts (Total Esti… for Q1 FY2026
“$160M - $170M”
Repositioning/Development Starts (Total Esti… for FY2026
“$140M - $150M”
General and Administrative Expenses for Q1 FY2026
“+/-$60M”
Interest Expense for Q1 FY2026
“+/-$112M”
Exhibit 99.1 · the passage around this item
… earlier in the release
2026 Outlook Q1 2026 Updated Guidance Initial 2026 Guidance Earnings Net Income Attributable to Common Stockholders per diluted share (1) $1.22 - $1.27 $1.15 - $1.20 Company share of Core FFO per diluted share (1) $2.37 - $2.42 $2.35 - $2.40 Same Property Portfolio (2) Same Property Portfolio NOI Growth - Net Effective (2.0)% - (1.0)% (2.5)% - (1.5)% Same Property Portfolio NOI Growth - Cash (1.5)% - (0.5)% (2.0)% - (1.0)% Average Same Property Portfolio Occupancy (Full Year) 95.1% - 95.6% 94.8% - 95.3% Capital Allocation Dispositions $400M - $500M $400M - $500M Repositioning/Development Annualized Stabilized Cash NOI (3) $16M - $18M $19M - $21M Repositioning/Development Starts (SF) 1.2M 1.1M Repositioning/Development Starts (Total Estimated Project Costs) $160M - $170M $140M - $150M Other Assumptions General and Administrative Expenses +/-$60M +/-$60M Interest Expense +/-$112M +/-$112M (1) 2026 Net Income and Core FFO Guidance reflects the Company's in-place portfolio as of April 23, 2026, as well as guidance expectations related to investment activity. (2) 2026 Same Property Portfolio is a subset of our consolidated portfolio and includes properties that were wholly owned for the period from January 1, 2025 through April 23, 2026, and excludes properties that were or will be classified as repositioning or development (current and future) or lease-up during 2025 and 2026 (unless otherwise noted) ) and select buildings in “Other Repositioning.” (3) Represents estimated annualized Cash NOI for repositioning and development proj
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.