Real Estate Forum: Forum 100
Rexford Industrial, LLC
Owner/Investor | Honorable Mention
Company:   Rexford Industrial, LLC
Address: 11601 Wilshire Blvd., Suite 650
City: Los Angeles
State: CA
Zip:   90025
Phone: 310-966-3814
Fax: 3109661690
Email: mfrankel@rexfordindustrial.com
Website: www.rexfordindustrial.com
Key Executive  
1. Name: Howard Schwimmer
    Title: Managing Partner
2. Name: Michael Frankel  
    Title: Managing Partner
3. Name:  
    Title:
4. Name:
    Title:
*Number of Offices: 2
*Number of Employees: 23
*Gross Revenues Fiscal Year 2006: 34.0 million
*Projected Revenues Fiscal Year 2007: 40.2 million
Selected Areas of Specialization: Industrial Real Estate Focused on Southern California Infill Markets
Company Overview: Rexford is exclusively focused on acquiring, repositioning, improving, and actively managing industrial real estate principally in Southern California, but also throughout the Western U.S. Founded by industry veterans Richard Ziman and Howard Schwimmer, Rexford is now investing its fourth in a series of successful investment funds, capitalized directly by both high net worth individuals and institutional investors. Rexford targets the more fragmented and largest segment of the two billion square foot Southern California industrial market by focusing on multi-tenant opportunities in infill locations and acquisitions ranging from single assets valued under $25 million to larger portfolios of small- to mid-sized properties. Rexford's proprietary deal origination process is generating well over one million square feet of new acquisitions per year, the vast majority of which are off-market deals. Rexford has positioned itself to capitalize upon the recent dislocations in the debt markets with over $400 million of purchasing power targeting acquisitions over the next six to twelve months. Rexford anticipates raising additional investment capital during the fourth quarter of 2007, which may be comprised of another investment fund and/or a more substantial strategic joint venture.
*Total Portfolio Size: 5,100,000 SF
Number of buildings: 147
Square Footage: 5,100,000
Number of Units/Rooms: 590
*Total Value of Portfolio: 675.0 million
Percentage by Property Type:  
Office: %
Industrial: 100 %
Retail: %
Apartments: %
Hotels: %
Other: %
(Please specify)
Percentage by Geographic Area:  
Northeast: %
Southeast: %
Midwest: %
Southwest: %
West: 100 %
International: %
Total Acquisitions in 2006:  
Number of buildings: 25
Square Footage: 1,200,000
Number of Units/Rooms: 78
Total Value of Acquisitions in 2006:   142.0 million  
Total Dispositions in 2006:  
Number of buildings: 3
Square Footage: 200,000
Number of Units/Rooms: 15
Total Value of Acquisitions in 2006: 32.0 million