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Home Commercial EQT Real Estate Lands $1.2B Rexford Industrial Portfolio as SoCal REIT Sheds Non-Core Assets
CommercialFinanceIndustrialIndustry NewsLos Angeles

EQT Real Estate Lands $1.2B Rexford Industrial Portfolio as SoCal REIT Sheds Non-Core Assets

August 20, 20263 Mins read527
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Rexford Industrial Realty has agreed to sell a portfolio of non-core Southern California industrial properties to an affiliate of EQT Real Estate for roughly $1.2 billion, the largest single move yet in the REIT's $2 billion campaign to shed assets weighed down by above-market rents and rising competitive supply.

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