Rexford Industrial Stock Ticks Up After Reporting No Wildfire Damage

Dow Jones

01-11

By Dean Seal

Shares of Rexford Industrial Realty edged higher after the Los Angeles-based company said wildfires raging in Southern California haven't damaged its properties.

The stock was up 1.5% at $37.73 in after hours trading Friday. Shares closed at $56.08 this time a year ago.

The real estate investment trust said after the markets closed that it doesn't anticipate unfavorable impacts to its operating results or financial condition as a result of the wildfires.

"We are prioritizing the care of our employees, their family members and the larger community and are fortunate all members of the Rexford family are safe," said Michael Frankel and Howard Schwimmer, the company's co-chief executives.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

January 10, 2025 18:07 ET (23:07 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Shares closed at $56.08 this time a year ago. \n</p>\n<p>\n  The real estate investment trust said after the markets closed that it doesn't anticipate unfavorable impacts to its operating results or financial condition as a result of the wildfires. \n</p>\n<p>\n  \"We are prioritizing the care of our employees, their family members and the larger community and are fortunate all members of the Rexford family are safe,\" said Michael Frankel and Howard Schwimmer, the company's co-chief executives. \n</p>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 10, 2025 18:07 ET (23:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2502846438","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502846438","pubTimestamp":1736550420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Rexford Industrial Realty edged higher after the Los Angeles-based company said wildfires raging in Southern California haven't damaged its properties.The stock was up 1.5% at $37.73 in after hours trading Friday. 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Shares closed at $56.08 this time a year ago. \n\n\n  The real estate investment trust said after the markets closed that it doesn't anticipate unfavorable impacts to its operating results or financial condition as a result of the wildfires. \n\n\n  \"We are prioritizing the care of our employees, their family members and the larger community and are fortunate all members of the Rexford family are safe,\" said Michael Frankel and Howard Schwimmer, the company's co-chief executives. \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 10, 2025 18:07 ET (23:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}