Rexford Industrial Realty, Inc.
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 11, 2026
REXR$37.95-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits, Financial Statement Schedules
(a)(1) and (2) Financial Statements and Schedules
The following financial information is included in Part IV of this Report on the pages indicated:
| Reports of Independent Registered Public Accounting Firm (KPMG LLP, Los Angeles, CA, PCAOB Auditor Firm ID: 185) | F-1 |
|---|---|
| Report of Independent Registered Public Accounting Firm (Ernst & Young LLP, Los Angeles, CA, PCAOB Auditor Firm ID: 42) | F-4 |
| Audited Consolidated Financial Statements of Rexford Industrial Realty, Inc.: | |
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | F-5 |
| Consolidated Statements of Operations for the Years Ended December 31, 2025, 2024 and 2023 | F-6 |
| Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2025, 2024 and 2023 | F-7 |
| Consolidated Statements of Changes in Equity for the Years ended December 31, 2025, 2024 and 2023 | F-8 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2025, 2024 and 2023 | F-10 |
| Notes to Consolidated Financial Statements | F-11 |
| Schedule III – Real Estate and Accumulated Depreciation | F-46 |
| Schedule IV – Mortgage Loans on Real Estate | F-65 |
All other schedules are omitted because the required information is not present in amounts sufficient to require submission of the schedule or because the information required is included in the financial statements and notes thereto.
(3). Exhibits
| Exhibit Number | Exhibit Description | Form | File No. | Exhibit No. | Filing Date |
|---|---|---|---|---|---|
| 3.1 | Articles of Amendment and Restatement of Rexford Industrial Realty, Inc. | S-11/A | 333-188806 | 3.1 | 7/15/2013 |
| 3.2 | Fifth Amended and Restated Bylaws of Rexford Industrial Realty, Inc. | 8-K | 001-36008 | 3.1 | 4/7/2023 |
| 3.3 | Articles Supplementary designating the Series B Preferred Stock of Rexford Industrial Realty, Inc. | 8-A | 001-36008 | 3.3 | 11/9/2017 |
| 3.4 | Articles Supplementary designating the Series C Preferred Stock of Rexford Industrial Realty, Inc. | 8-A | 001-36008 | 3.3 | 9/19/2019 |
| 4.1 | Form of Certificate of Common Stock of Rexford Industrial Realty, Inc. | S-11/A | 333-188806 | 4.1 | 7/15/2013 |
| 4.2 | Form of Specimen Certificate of Series B Preferred Stock of Rexford Industrial Realty, Inc. | 8-A | 001-36008 | 4.1 | 11/9/2017 |
| 4.3 | Form of Specimen Certificate of Series C Preferred Stock of Rexford Industrial Realty, Inc. | 8-A | 001-36008 | 4.1 | 9/19/2019 |
| 4.4 | Description of Rexford Industrial Realty, Inc. Common Stock and Preferred Stock Registered Under Section 12 of the Securities Exchange Act of 1934. | 10-K | 001-36008 | 4.4 | 2/12/2024 |
| 4.5 | Indenture, dated as of November 16, 2020, among Rexford Industrial Realty, L.P., as issuer, Rexford Industrial Realty, Inc., as guarantor, and U.S. Bank, National Association, as trustee. | 8-K | 001-36008 | 4.1 | 11/16/2020 |
| 4.6 | First Supplemental Indenture, dated as of November 16, 2020, among Rexford Industrial Realty, L.P., as issuer, Rexford Industrial Realty, Inc., as guarantor, and U.S. Bank, National Association, as trustee, including the form of the Notes and the Guarantee. | 8-K | 001-36008 | 4.2 | 11/16/2020 |
| 4.7 | Second Supplemental Indenture, dated as of August 9, 2021, among Rexford Industrial Realty, L.P., as issuer, Rexford Industrial Realty, Inc., as guarantor, and U.S. Bank, National Association, as trustee, including the form of the Notes and the Guarantee. | 8-K | 001-36008 | 4.2 | 8/9/2021 |
| 4.8 | Third Supplemental Indenture, dated as of March 30, 2023, among Rexford Industrial Realty, L.P., as issuer, Rexford Industrial Realty, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee, including the form of the Notes and the Guarantee. | 8-K | 001-36008 | 4.2 | 3/30/2023 |
| 4.9 | Indenture, dated as of March 28, 2024, among Rexford Industrial Realty, L.P., as issuer, Rexford Industrial Realty, Inc., as guarantor, and U.S.Bank Trust Company, National Association, as trustee, relating to 4.375% Exchangeable Senior Notes due 2027. | 8-K | 001-36008 | 4.1 | 3/28/2024 |
| 4.10 | Form of note representing the 4.375% Exchangeable Senior Notes due 2027. | 8-K | 001-36008 | 4.1 | 3/28/2024 |
| 4.11 | Indenture, dated as of March 28, 2024, among Rexford Industrial Realty, L.P., as issuer, Rexford Industrial Realty, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee, relating to the 4.125% Exchangeable Senior Notes due 2029. | 8-K | 001-36008 | 4.3 | 3/28/2024 |
| 4.12 | Form of note representing the 4.125% Exchangeable Senior Notes due 2029. | 8-K | 001-36008 | 4.3 | 3/28/2024 |
| 4.13 | Registration Rights Agreement, dated as of March 28, 2024, among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc. and the initial purchasers named therein, relating to the 4.375% Exchangeable Senior Notes due 2027. | 8-K | 001-36008 | 4.5 | 3/28/2024 |
| 4.14 | Registration Rights Agreement, dated as of March 28, 2024, among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc. and the initial purchasers named therein, relating to the 4.125% Exchangeable Senior Notes due 2029. | 8-K | 001-36008 | 4.5 | 3/28/2024 |
| 10.1 | Eighth Amended and Restated Agreement of Limited Partnership of Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.1 | 3/21/2022 |
| 10.2 | Registration Rights Agreement among Rexford Industrial Realty, Inc. and the persons named therein | 10-Q | 001-36008 | 10.2 | 9/3/2013 |
| 10.3† | Third Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P., 2013 Incentive Award Plan. | 8-K | 001-36008 | 10.1 | 6/13/2024 |
| 10.4† | Form of Restricted Stock Award Agreement under 2013 Incentive Award Plan | S-11/A | 333-188806 | 10.4 | 7/15/2013 |
| 10.5 | Form of Indemnification Agreement between Rexford Industrial Realty, Inc. and its directors and officers | S-11/A | 333-188806 | 10.5 | 7/9/2013 |
| 10.6 | Tax Matters Agreement by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and each partner set forth in Schedule I, Schedule II and Schedule III thereto | 10-Q | 001-36008 | 10.6 | 9/3/2013 |
| Exhibit Number | Exhibit Description | Form | File No. | Exhibit No. | Filing Date |
|---|---|---|---|---|---|
| 10.7† | Employment Agreement, dated as of July 24, 2013, between Michael S. Frankel, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 10-Q | 001-36008 | 10.8 | 9/3/2013 |
| 10.8† | First Amendment to Employment Agreement, effective June 26, 2017, between Michael S. Frankel, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.2 | 6/29/2017 |
| 10.9† | Second Amendment to Employment Agreement, effective May 15, 2020, between Michael S. Frankel, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.1 | 5/20/2020 |
| 10.10† | Employment Agreement, dated as of July 24, 2013, between Howard Schwimmer, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 10-Q | 001-36008 | 10.9 | 9/3/2013 |
| 10.11† | First Amendment to Employment Agreement, effective June 26, 2017, between Howard Schwimmer, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.3 | 6/29/2017 |
| 10.12† | Second Amendment to Employment Agreement, effective May 15, 2020, between Howard Schwimmer, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.2 | 5/20/2020 |
| 10.13† | Employment Agreement, effective as of June 26, 2017, between David E. Lanzer, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.1 | 6/29/2017 |
| 10.14† | First Amendment to Employment Agreement, effective May 15, 2020, between David Lanzer, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.4 | 5/20/2020 |
| 10.15† | Second Amendment to Employment Agreement, effective November 8, 2022, between David E. Lanzer, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.2 | 11/10/2022 |
| 10.16† | Employment Agreement, effective July 3, 2020, between Laura Clark, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.1 | 7/9/2020 |
| 10.17† | First Amendment to Employment Agreement, effective November 8, 2022, between Laura E. Clark, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.1 | 11/10/2022 |
| 10.18† | Second Amendment to Employment Agreement, effective November 18, 2024, between Laura E. Clark, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.2 | 10/21/2024 |
| 10.19† | Employment Agreement, effective November 18, 2024, between Michael P. Fitzmaurice, Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. | 8-K | 001-36008 | 10.1 | 10/21/2024 |
| 10.20† | Rexford Industrial Realty, Inc. Non-Employee Director Compensation Program | 10-K | 001-36008 | 10.11 | 3/9/2015 |
| 10.21† | Form of Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. Time-Based LTIP Unit Agreement | 10-K | 001-36008 | 10.18 | 2/19/2021 |
| 10.22† | Form of Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. OPP Performance Unit Agreement | 10-K | 001-36008 | 10.19 | 2/19/2021 |
| 10.23 | The Loan Assumption Agreement dated as of November 8, 2013 between Gilbert LaPalma Properties, LLC, and Rexford Industrial-Gilbert LaPalma, LLC, and American Security Insurance Company, as Lender | 10-K | 001-36008 | 10.20 | 3/20/2014 |
| 10.24 | Note Purchase and Guarantee Agreement, dated as of July 13, 2017, by and among Rexford Industrial Realty L.P., Rexford Industrial Realty, Inc. and the purchasers named therein. | 8-K | 001-36008 | 10.1 | 7/19/2017 |
| 10.25 | First Amendment dated September 29, 2023, to Note Purchase and Guarantee Agreement dated July 13, 2017, by and among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc. and the purchasers named therein. | 10-Q | 001-36008 | 10.1 | 10/23/2023 |
| 10.26 | Second Amendment to Note Purchase and Guarantee Agreement, dated as of June 16, 2017, among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc. and the purchasers named therein. | 10-Q | 001-36008 | 10.3 | 8/4/2017 |
| 10.27 | Agreement of Purchase and Sale, dated November 30, 2017, by and between RIF IV Grand, LLC, as Seller, and 6110-6114 Cahuenga Avenue, LLC, as Buyer. | 10-K | 001-36008 | 10.40 | 2/21/2018 |
| 10.28 | First Amendment to Agreement of Purchase and Sale, dated January 2, 2018, by and between RIF IV Grand, LLC, as Seller, and 6110-6114 Cahuenga Avenue, LLC as Buyer. | 10-Q | 001-36008 | 10.2 | 5/7/2018 |
| 10.29 | Note Purchase and Guarantee Agreement, dated as of July 16, 2019, by and among Rexford Industrial Realty L.P., Rexford Industrial Realty, Inc. and the purchasers named therein. | 8-K | 001-36008 | 10.1 | 7/19/2019 |
| Exhibit Number | Exhibit Description | Form | File No. | Exhibit No. | Filing Date |
|---|---|---|---|---|---|
| 10.30 | First Amendment, dated as of September 29,2023, to Note Purchase and Guarantee Agreement dated July 16, 2019, by and among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc. and the purchasers named therein. | 10-Q | 001-36008 | 10.2 | 10/23/2023 |
| 10.31 | Fifth Amended and Restated Credit Agreement, dated as of May 30, 2025, among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc., Bank of America, N.A., as administrative agent and a letter of credit issuer and the other lenders named therein. | 8-K | 001-36008 | 10.1 | 6/2/2025 |
| 10.32* | First Amendment to Fifth Amended and Restated Credit Agreement, dated as of November 21, 2025, among Rexford Industrial Realty, L.P., Rexford Industrial Realty, Inc., Bank of America, N.A., as administrative agent and a letter of credit issuer and the other lenders named therein. | ||||
| 10.33 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and BofA Securities, Inc. and its affiliate. | 8-K | 001-36008 | 1.1 | 2/17/2023 |
| 10.34 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Capital One Securities, Inc. | 8-K | 001-36008 | 1.3 | 2/17/2023 |
| 10.35 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and CIBC World Markets Corp. and its affiliate. | 8-K | 001-36008 | 1.4 | 2/17/2023 |
| 10.36 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Goldman Sachs & Co. LLC. | 8-K | 001-36008 | 1.5 | 2/17/2023 |
| 10.37 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Jefferies LLC. | 8-K | 001-36008 | 1.6 | 2/17/2023 |
| 10.38 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and JMP Securities LLC. | 8-K | 001-36008 | 1.7 | 2/17/2023 |
| 10.39 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and J.P. Morgan Securities LLC and its affiliate. | 8-K | 001-36008 | 1.8 | 2/17/2023 |
| 10.40 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Mizuho Securities USA LLC and its affiliate. | 8-K | 001-36008 | 1.9 | 2/17/2023 |
| 10.41 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Regions Securities LLC. | 8-K | 001-36008 | 1.10 | 2/17/2023 |
| 10.42 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Scotia Capital (USA) Inc. and its affiliate. | 8-K | 001-36008 | 1.11 | 2/17/2023 |
| 10.43 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Truist Securities, Inc. and its affiliate. | 8-K | 001-36008 | 1.12 | 2/17/2023 |
| 10.44 | Equity Distribution Agreement, dated February 17, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., and Wells Fargo Securities, LLC and its affiliate. | 8-K | 001-36008 | 1.13 | 2/17/2023 |
| 10.45 | Form of Amendment No. 1 to Equity Distribution Agreement, dated October 23, 2023. | 8-K | 001-36008 | 1.1 | 10/23/2023 |
| 10.46 | Form of Amendment No. 1 to Equity Distribution Agreement, dated October 23, 2023. | 8-K | 001-36008 | 1.2 | 10/23/2023 |
| 10.47 | Equity Distribution Agreement, dated October 23, 2023, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., BTIG, LLC, Nomura Global Financial Products, Inc. and its affiliate. | 8-K | 001-36008 | 1.3 | 10/23/2023 |
| 10.48 | Equity Distribution Agreement, dated July 22, 2025, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., BMO Capital Markets Corp. and Bank of Montreal. | 8-K | 001-36008 | 1.1 | 7/23/2025 |
| 10.49 | Equity Distribution Agreement, dated July 22, 2025, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., BNP Paribas Securities Corp. and BNP PARIBAS. | 8-K | 001-36008 | 1.2 | 7/23/2025 |
| Exhibit Number | Exhibit Description | Form | File No. | Exhibit No. | Filing Date |
|---|---|---|---|---|---|
| 10.50 | Omnibus Amendment to Equity Distribution Agreement, dated July 22, 2025, by and among Rexford Industrial Realty, Inc., Rexford Industrial Realty, L.P., BofA Securities, Inc., BTIG, LLC, Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Regions Securities LLC, Scotia Capital (USA) Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC and their respective affiliates. | 8-K | 001-36008 | 1.3 | 7/23/2025 |
| 10.51 | Transition and Separation Agreement, dated as of November 17, 2025, by and between Michael S. Frankel, on the one hand, and Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P., on the other hand | 8-K | 001-36008 | 10.1 | 11/18/2025 |
| 10.52 | Transition and Separation Agreement, dated as of November 17, 2025, by and between Howard Schwimmer, on the one hand, and Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P., on the other hand | 8-K | 001-36008 | 10.2 | 11/18/2025 |
| 16.1 | Letter from Ernst & Young LLP, dated February 20, 2024. | 8-K | 001-36008 | 16.1 | 2/20/2024 |
| 19.1 | Insider Trading Compliance Policy and Procedures | 10-K | 001-36008 | 19.1 | 2/10/2025 |
| 21.1* | List of Subsidiaries of the Company | ||||
| 22.1* | List of Issuers of Guaranteed Securities | ||||
| 23.1* | Consent of KPMG LLP | ||||
| 23.2* | Consent of Ernst & Young LLP | ||||
| 31.1* | Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 31.2* | Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 31.3* | Certification of the Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.1* | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.2* | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.3* | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ||||
| 97.1 | Rexford Industrial Realty, Inc. Policy for Recovery of Erroneously Awarded Compensation | 10-K | 001-36008 | 97.1 | 2/12/2024 |
| 101.1* | The following financial information from Rexford Industrial Realty, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2025, formatted in inline XBRL (eXtensible Business Reporting Language): (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Comprehensive Income, (iv) Consolidated Statements of Changes in Equity, (iv) Consolidated Statements of Cash Flows and (v) the Notes to Consolidated Financial Statements | ||||
| 104.1* | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
| * | Filed herein |
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| † | Compensatory plan or arrangement |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.