Rexford Industrial (REXR) prices $400 million senior notes due 2030.

Rexford Industrial Realty, Inc. (REXR) announced today that it has priced an offering of $400 million 2.125% senior unsecured notes due 2030.  The notes were priced at a discount to yield 2.213%, or +125 basis points to the treasury curve.  The notes are expected to be rated Baa3/BBB by Moody's and S&P.

Rexford is an industrial REIT focusing on properties located in Southern California. REXR is a member of the S&P MidCap 400 index and has a total market capitalization of approximately $7.1 billion.