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Rexford Industrial Realty announced on July 12, 2021, intentions to redeem 3,600,000 outstanding shares of its 5.875% Series A Cumulative Redeemable Preferred Stock (REXR.PRA). The redemption will occur on August 16, 2021, at $25.00 per share, plus accrued dividends of $0.183594, totaling $25.183594 per share. After redemption, the preferred stock will cease to trade on the NYSE. Notifications will be sent to holders as of July 12, 2021, with payments made upon surrender of stock certificates to the redemption agent. Rexford Industrial specializes in operating industrial properties in Southern California.
