Rexford Industrial Realty completed the sale of 22 industrial properties for $1.2 billion as part of its $2 billion plan to realign its portfolio by disposing of non-core assets. This move aims to enhance the company's portfolio quality, cash flow stability, and balance sheet strength. Year to date, Rexford has completed $1.5 billion in dispositions and used proceeds to repay debt and repurchase stock, positioning the company for stronger growth and resilience. The company plans to use remaining funds for debt maturities, share repurchases, and development projects in 2027.
Rexford Industrial's recent $1.2 billion portfolio sale provides context for real estate market activity. For readers following real estate, here is Pluang's market snapshot as of Sep 18, 2026 02:01 WIB: 15 of 22 priced US real estate stocks rose today. Notable movers include IIPR at USD 56.57 with a 1.18% increase and 100% buy order activity, CUBE at USD 40.15 up 1.16%, and CCI at USD 74.00 with a 1.07% rise and full buy orders. Typical hold times range from 85 to 99 days on Pluang.
FS Bancorp, Inc. has appointed Matthew D. Mullet as a director on the boards of both the company and its bank, 1st Security Bank of Washington, effective October 22, 2026. Mullet, who has been President since 2024 and CEO since 2025-2026, brings exte...
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