Rexford Industrial Realty: Attractively Located, But Valuation Is A Concern

So far this year, the Industrial REIT sector has been one of the few winning sectors in the REIT space, with tailwinds coming from e-commerce and from their resilience to the effects of COVID-19. This popularity has undoubtedly translated into an impressive share price performance. The company that I’m evaluating today, Rexford Industrial Realty (REXR), is one such Industrial REIT with strong share price performance. In this article, I evaluate whether the fundamentals justify the high valuation…

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