While many companies are holding on to their cash, Rexford Industrial Realty has been on a buying spree lately. The Los Angeles-based real estate investment trust that focuses on industrial properties located in Southern California, just traded $73.2 million of its cash on hand to acquire five more industrial properties, bringing its acquisition total for the year to $342.9 million.
Rexford Remains in Acquisition Mode, Raises Total Property Purchases for 2020 to $342.9 Million
Latest Three Transactions Total $73.2 Million
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