
Laura Clark has officially taken the helm as CEO of Rexford Industrial Realty, succeeding the company's founder. Her leadership is expected to drive growth and innovation as Rexford continues to expand its portfolio in the industrial real estate sector.
“In his new role, Nahas will continue to oversee operations and investment functions, including asset management, development and construction, leasing, and property management.”
“My conviction is driven by 3 key factors: our reformed capital approach, operational rigor, and current market indications.”
Laura Clark has been appointed CEO of Rexford Industrial Realty, succeeding co-CEOs Michael Frankel and Howard Schwimmer. The company has sold properties including 29010 Avenue Paine for $31 million and 13700 to 13738 Slover Avenue for $14.5 million.
Clark's leadership is expected to drive strategic asset sales and share repurchases, signaling a focus on capital allocation and shareholder value. Investors should note the $200 million stock repurchase, indicating confidence in the company's valuation.
Market volatility affecting asset sale valuations.
MediumDiversify asset sales across different geographic markets to mitigate localized market risks.
Interest rate fluctuations impacting borrowing costs.
HighLock in long-term financing at current rates to hedge against future rate increases.
Activist investor influence on strategic decisions.
MediumEngage with shareholders to align on long-term strategic goals and mitigate activist pressures.
The Real Deal reports on Laura Clark's appointment as CEO of Rexford Industrial Realty, succeeding Michael Frankel and Howard Schwimmer. The article details Rexford's recent asset sales totaling $127 million and a $200 million stock repurchase. It highlights Michael Frankel's sale of over 23,000 shares in March 2026. The report also covers Rexford's plan to dispose of $400 million to $500 million in real estate in 2026, with Elliott Management as a significant shareholder.
This source provides comprehensive coverage of Rexford's strategic moves, including leadership changes, asset sales, and stock repurchase strategies. It offers insights into the company's capital allocation priorities and shareholder value enhancement efforts.
Rexford's strategic asset sales and stock repurchase program suggest a bullish outlook on its stock valuation.
therealdeal.com
On April 1, 2026, Laura Clark was appointed CEO of Rexford Industrial Realty. By March 31, 2026, the company had sold five properties for $127 million and repurchased $200 million of its stock. In mid-March 2026, Michael Frankel sold over 23,000 shares at approximately $35 each.
End of Intelligence Report · 1 Sources Verified