REXR Rexford Industrial Realty (REXR) Q2 FY26 earnings call
Rexford Industrial announced a transformative strategic portfolio realignment, planning to dispose of approximately $2 billion in non-core assets to strengthen its balance sheet and enhance cash flow durability. The company raised its full-year core FFO per share guidance for the second consecutive quarter, driven by better-than-expected same-property NOI growth and G&A savings. While re-leasing spreads remain negative due to market conditions, management is confident the capital recycling strategy will be neutral to accretive to 2027 FFO per share, supported by debt repayment and a new $1 bil
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REXR operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Square feet Leases executed | 4.1M sq ftWe set a record for leasing activity, executing 4.1 million square feet of leases, reflecting increased tenant activity and demand for our higher-quality portfolio.Source: earnings call transcript | 2.1M sq ftWe executed 2.1 million square feet, which brings our year-to-date total to 6.2 million square feet, a 2 million square foot improvement compared to the first half of last year.Source: earnings call transcript | 3.7M sq ft+During the quarter, we executed more than 3.7 million square feet of leasing, our second highest quarter of leasing ever.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.