LOS ANGELES, Sept. 13, 2019 /PRNewswire/ — Rexford Industrial Realty, Inc. (the “Company” or “Rexford Industrial”) (REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the pricing of an underwritten public offering of 3,000,000 shares of 5.625% Series C Cumulative Redeemable Preferred Stock, for gross proceeds of approximately $75,000,000, before deducting the underwriting discount and estimated offering expenses. The Company has granted the underwriters of the offering a thirty day option to purchase up to 450,000 additional shares of 5.625% Series C Cumulative Redeemable Preferred Stock solely to cover over-allotments, if any.
blaineonline.finance.blog 