Rexford Industrial prices IPO at $14 midpoint

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Rexford Industrial Realty, a rEIT focused on owning and operating industrial properties in Southern California, raised $224 million by offering 16 million shares at $14, the midpoint of the range of $13 to $15. Rexford Industrial Realty plans to list on the NYSE under the symbol REXR. Rexford Industrial Realty initially filed confidentially on 3/7/2013. BofA Merrill Lynch, Wells Fargo Securities, FBR Capital Markets and J.P. Morgan acted as lead managers on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: REXR

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