Rexford Acquires Additional The Park in North Orange County, CA for $10.6M

Rexford Industrial Realty today announced that it has acquired The Park, an industrial business park located in Anaheim, California, for $10.6 million. “We are excited to announce the completion of a second acquisition in the month of November, further expanding our presence in North Orange County,” said Howard Schwimmer, Co-Chief Executive Officer of the Company. “The property was acquired by us in an off-market transaction, facilitating the dissolution of a partnership due to a generational change in ownership and demonstrating our unique sourcing capabilities. The Park is well located