Rexford Industrial Sells 6.8-Acre Brea Development Site for $16.5MM

The Orange County land disposition lets the infill Southern California REIT preserve roughly $31MM in planned development spending as it pivots capital toward share buybacks. Rexford Industrial Realty has sold a 6.8-acre development site at 423-424 Berry Way in Brea for $16.5 million, exiting another property from its near-term industrial development pipeline as the Los […]