HighGravityDataRexford Industrial Realty — Jul 23, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-26-000037
Showing in the filing
Interest Expense
“+/-$105M”
Period
Q2 FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 31
Disposition for FY2026
“$1.5 to $2.0 billion”
New stock repurchase program authorization for FY2028
“$1.0 billion”
Planned disposition of identified non-core a… for FY2026
“approximately $2 billion”
Dividend for Q3 FY2026
“$0.435 per share”
Dividend per share of common stock for Q3 FY2026
“$0.435 per share”
Quarterly dividend per share of Series B Cum… for Q3 FY2026
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Quarterly dividend per share of Series C Cum… for Q3 FY2026
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net (Loss) Income Attributable to Common Sto… for Q2 FY2026
“($1.32) - ($1.27)”
Net (Loss) Income Attributable to Common Sto… for Q1 FY2026
“$1.22 - $1.27”
Company share of Core FFO per diluted share for Q2 FY2026
“$2.38 - $2.43”
Company share of Core FFO per diluted share for Q1 FY2026
“$2.37 - $2.42”
Same Property Portfolio NOI Growth - Net Eff… for Q2 FY2026
“(1.25)% - (0.25)%”
Same Property Portfolio NOI Growth - Net Eff… for Q1 FY2026
“(2.0)% - (1.0)%”
Same Property Portfolio NOI Growth - Cash for Q2 FY2026
“(0.75)% - 0.25%”
Same Property Portfolio NOI Growth - Cash for Q1 FY2026
“(1.5)% - (0.5)%”
Average Same Property Portfolio Occupancy (F… for Q2 FY2026
“95.3% - 95.7%”
Average Same Property Portfolio Occupancy (F… for Q1 FY2026
“95.1% - 95.6%”
Dispositions for Q2 FY2026
“$1.5B - $2.0B”
Dispositions for Q1 FY2026
“$400M - $500M”
Repositioning/Development Annualized Stabili… for Q2 FY2026
“$16M - $18M”
Repositioning/Development Annualized Stabili… for Q1 FY2026
“$16M - $18M”
Repositioning/Development Starts (SF) for Q2 FY2026
“1.2M”
Repositioning/Development Starts (SF) for Q1 FY2026
“1.2M”
Repositioning/Development Starts (Total Esti… for Q2 FY2026
“$160M - $170M”
Repositioning/Development Starts (Total Esti… for Q1 FY2026
“$160M - $170M”
General and Administrative Expenses for Q2 FY2026
“+/-$57M”
General and Administrative Expenses for Q1 FY2026
“+/-$60M”
Interest Expense for Q2 FY2026
“+/-$105M”
Interest Expense for Q1 FY2026
“+/-$112M”
Exhibit 99.1 · the passage around this item
… earlier in the release
2026 Outlook Q2 2026 Updated Guidance Q1 2026 Guidance Earnings Net (Loss) Income Attributable to Common Stockholders per diluted share (1) ($1.32) - ($1.27) $1.22 - $1.27 Company share of Core FFO per diluted share (1) $2.38 - $2.43 $2.37 - $2.42 Same Property Portfolio (2) Same Property Portfolio NOI Growth - Net Effective (1.25)% - (0.25)% (2.0)% - (1.0)% Same Property Portfolio NOI Growth - Cash (0.75)% - 0.25% (1.5)% - (0.5)% Average Same Property Portfolio Occupancy (Full Year) 95.3% - 95.7% 95.1% - 95.6% Capital Allocation Dispositions $1.5B - $2.0B $400M - $500M Repositioning/Development Annualized Stabilized Cash NOI (3) $16M - $18M $16M - $18M Repositioning/Development Starts (SF) 1.2M 1.2M Repositioning/Development Starts (Total Estimated Project Costs) $160M - $170M $160M - $170M Other Assumptions General and Administrative Expenses +/-$57M +/-$60M Interest Expense +/-$105M +/-$112M (1) 2026 Net Loss and Core FFO Guidance reflects the Company's in-place portfolio as of July 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 July 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), select buildings in other repositioning and properties included in the 2026 disposition guidance. (3) Represents estimated annualized Cash NOI for repositioning and development projects expected to stabilize in 2026, including 1315 Storm Parkway and 12118 Bloomfield Avenue, which stabilized in the first quarter, and 3211-3233 Mission Oaks Boulevard and 19900 Plummer Street, which stabilized in the second quarter. A number of factors could impact the Company’s ability to deliver results in line with its guidance, including, but not limited to, the potential impacts related to interest rates, inflation, the economy, tariffs, geopolitical risks including impacts from
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.