Hunton Andrews Kurth Advises on $1.15 Billion Exchangeable Senior Notes Offering by Rexford Industrial Realty, L.P. and Concurrent $840 Million Common Stock Offering by Rexford Industrial Realty, Inc.

Hunton Andrews Kurth LLP represented the initial purchasers in connection with a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, of $575 million aggregate principal amount of 4.375% exchangeable senior notes due 2027 and $575 million aggregate principal amount of 4.125% exchangeable senior notes due 2029, by Rexford Industrial Realty, L.P., a subsidiary of Rexford Industrial Realty, Inc.

The firm also represented the underwriter in connection with a concurrent public offering of $840 million of shares of common stock by Rexford Industrial Reality, Inc. to an existing long-only investor based on the West Coast, which shares were borrowed from third parties by an affiliate of the underwriter, in its capacity as a forward counterparty, and subsequently sold to the underwriter for sale in the offering.

Rexford Industrial Realty, Inc. (NYSE: REXR) is a publicly traded REIT focused exclusively on investing in industrial properties throughout Southern California infill markets.

The Hunton Andrews Kurth team advising on the transactions was led by partners Kate Saltz, Jim Davidson and Rob Smith and associates Tianlu Zhang and Elizabeth White. Tax advice was provided by partner Kendal Sibley, counsel Anna Page and associates Patrick Tricker and Zach Roop.