This Industrial REIT Is Living the California Dream

·3 min read
This Industrial REIT Is Living the California Dream

Rexford Industrial (NYSE: REXR) is an industrial real estate investment trust (REIT), but it looks at this broad market in a very specific way, geographically speaking. Not only does it focus on a single state, California, but it is even more focused on a single area within that state -- Southern California. Industrial real estate really encompasses two broad types of property: factories and warehouses.