Rexford Industrial Realty, Inc. (the “Company” or “Rexford Industrial”) (NYSE: REXR), a real estate investment trust (“REIT”) focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced the promotion of John Nahas, the Company’s current Managing Director of Operations, to Chief Operating Officer (COO), effective April 1, 2026, in conjunction with Laura Clark’s previously announced appointment to Chief Executive Officer. As COO, Nahas will continue to oversee the Company’s operations and investments functions including asset management, development and construction, leasing and property management.
The Company is reaffirming its previously disclosed 2026 general and administrative expense guidance of approximately $60 million. Further, the Company significantly reduced total aggregate executive compensation by approximately 50% compared to prior levels.
“John’s promotion to COO acknowledges his exceptional leadership across Rexford’s operations and investments and completes the strategic realignment of our executive team,” said Laura Clark, current COO and incoming Chief Executive Officer. “John is a proven operator with deep market expertise, and since joining Rexford, he has been instrumental in strengthening our operational execution and efficiency. His promotion to COO underscores our commitment to operational rigor, disciplined capital allocation and driving long‑term shareholder value.”
“I’m honored to step into the role of COO to advance our strategic goals in collaboration with our outstanding Rexford team,” said John Nahas. “Rexford has built a highly differentiated platform, and I am excited about the opportunities ahead as we continue driving operational excellence, executing with discipline and supporting the Company’s reformed capital allocation framework.”
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