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Rexford Industrial Realty acquires industrial property in California

Rexford Industrial Realty, Inc. has acquired a multi-tenant industrial property in Southern California, USA,REBusinessOnline reported. The deal was valued at $18.2 million. The property is a 74,527-square-foot freezer/cooler building on a 4.3 acres area featuring 40 dock positions. During the sale, the property was 100 percent leased to seven tenants. Rexford Industrial Realty is a real estate investment trust owning and operating industrial properties in Southern California infill markets.

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Real estate deals,Commercial real estate deals,Commercial real estate,real estate