Rexford Industrial Realty, Inc. (Rexford Industrial) (NYSE: REXR) has announced the closing of its sale of an industrial portfolio to an affiliate of EQT Real Estate for approximately US$1.2 billion. The portfolio transaction includes 22 industrial properties totaling 5.2 million rentable square feet, averaging 237,000 square feet per property.
Latham & Watkins LLP represents Rexford Industrial in the transaction with a Real Estate deal team led by Orange County partner Hilary Strong and Los Angeles counsel Tiffany Taubman, with associates Nicota Stevenson and Adrianna Robakowski. Advice was also provided on corporate matters by Los Angeles partners Bradley Helms and Brent Epstein, with associate Steve Hess.
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