Rexford Industrial Realty Appoints David Stockert to Board, Enhancing Governance and Strategy

Rexford Industrial Realty Welcomes David Stockert to Board of Directors

Rexford Industrial Realty, Inc., a prominent real estate investment trust specializing in industrial properties within Southern California, announces the appointment of David Stockert to its Board of Directors, effective January 1, 2026. Stockert brings a wealth of experience in industrial real estate, having previously served as CEO and President of Post Properties, Inc. from 2002 until its merger with Mid-America Apartment Communities in 2016. His extensive background includes senior roles at Duke Realty Corporation and Weeks Corporation, alongside a tenure on Duke Realty's Board until its acquisition by Prologis in 2022. This strategic appointment is poised to enhance Rexford's governance structure and bolster its commitment to delivering value for its investors.

Tyler Rose, the Chairman of the Board, underscores the significance of Stockert's expertise in industrial real estate and capital allocation. Rose expresses confidence that Stockert's deep understanding of the market dynamics will contribute to Rexford's strategic objectives. Southern California, recognized as the world's fourth-largest industrial market, is characterized by a high demand for industrial spaces coupled with limited supply. Stockert's insights into this competitive landscape are expected to guide Rexford in navigating current market challenges and seizing growth opportunities.

In his own remarks, Stockert conveys enthusiasm about joining Rexford Industrial, emphasizing the company’s unique strategy and its potential for long-term value creation. He aims to leverage his strategic perspective to further enhance the company’s performance. With the support of Russell Reynolds Associates, the executive search firm responsible for this appointment, Rexford Industrial is set to strengthen its governance and capital allocation strategies, positioning itself for continued success in a robust industrial real estate sector.

In addition to Stockert's appointment, Rexford Industrial Realty continues to focus on expanding its footprint in the Southern California industrial market, which remains dynamic due to ongoing supply chain demands. The company is committed to enhancing its portfolio through strategic acquisitions and development projects that align with the evolving needs of the market.

As Rexford Industrial Realty prepares to integrate Stockert's insights into its strategic initiatives, the company is well-positioned to reinforce its leadership in the industrial real estate sector and deliver superior returns for its stakeholders.