Rexford Industrial Realty Appoints David Stockert to Strengthen Board and Strategic Direction

Rexford Industrial Realty Strengthens Board with Strategic Appointment

Rexford Industrial Realty, Inc. announces the appointment of David Stockert to its Board of Directors, effective January 1, 2026. Stockert, who is currently a general partner at Sweetwater Opportunity Funds, brings a wealth of experience in the industrial real estate sector. He previously held the position of CEO and President at Post Properties, Inc. until its merger with Mid-America Apartment Communities, Inc. in 2016. His extensive background includes senior roles at Duke Realty Corporation and Weeks Corporation, along with a tenure on Duke Realty's Board prior to its acquisition by Prologis in 2022.

The addition of Stockert to Rexford's Board is a strategic move aimed at enhancing governance and capital allocation within the company. Tyler Rose, Chairman of the Board, expresses confidence that Stockert's deep understanding of industrial real estate and expertise in capital management will significantly benefit Rexford Industrial's operations. This is particularly important as the company operates in Southern California, recognized as the world's fourth-largest industrial market, which is characterized by high demand and limited supply. Stockert's insights into the intricacies of this competitive landscape are expected to bolster the company's strategic direction and operational performance.

Stockert himself is optimistic about his new role, emphasizing Rexford's unique strategy and its potential for long-term value creation. His appointment is anticipated to support Rexford Industrial's objectives of driving performance and delivering superior returns for investors. The company aims to leverage his strategic perspective not only to enhance its governance but also to navigate the evolving industrial real estate market effectively. This appointment underscores Rexford's commitment to fortifying its leadership team with individuals who possess the requisite experience to navigate the complexities of the industrial real estate sector.

In related news, the appointment process for Stockert was facilitated by Russell Reynolds Associates, an executive search firm known for its expertise in identifying top-tier talent. This collaboration reflects Rexford Industrial's dedication to ensuring that its leadership team is equipped with the skills necessary to thrive in a competitive market. The company continues to focus on its expansion strategy, aiming to capitalize on the growing demand for industrial properties in Southern California.