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Rexford Continues to Boost SoCal Industrial Holdings

Los Angeles-based Rexford Industrial Realty Inc. acquired four SoCal industrial properties totaling 632,497 square feet on 30.23 acres for $129.4 million from undisclosed sellers. The single-tenant industrial buildings are located in the Inland Empire’s West submarkets of Montclair, Fontana and Rialto.

Rexford’s Howard Schwimmer says, “Acquisitions year-to-date have surpassed $1 billion, and Rexford’s irreplaceable, superior quality infill Southern California portfolio now exceeds 30 million square feet.”

The latest portfolio addition is currently 63% leased to high-quality national tenants focused on logistics and wholesale trade. The newly-built, low-finish logistics facilities appeal to a wide range of e-commerce and distribution users with 32-foot clear heights, extensive dock-high loading, ESFR fire sprinklers, and excess container storage in secured truck courts.

The properties include 4039 State St. in Montclair (139,000 square feet); 10156 Live Oak Ave. in Fontana (236,912 square feet, pictured); 10694 Tamarind Ave. in Fontana (100,000 square feet); and 2520 W. Baseline Rd. in Rialto (156,585 square feet).

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
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