Rexford Industrial Realty isn’t slowing down when it comes to its purchases of assets. The real estate investment trust recently made two acquisitions, one in Oxnard and another in Santa Fe Springs, totaling about $14.6 million. This brings its year-to-date industrial property acquisitions to more than $142 million.
Rexford owns 111 assets in Southern California, totaling just under 11 million square feet.
Recent purchases include an 86,904-square-foot industrial property named Port Hueneme in Oxnard; and the 18,995-square-foot Lakeland in Santa Fe Springs.
Rexford is looking to purchase additional assets throughout the remainder of the year.