Rexford Industrial: Fundamentals Continue To Weaken
REXRRexford Industrial Realty(REXR) seekingalpha.com·2024-05-28 10:52

Storage centers Yucaipa. Los Angeles, California Nearmap/DigitalVision via Getty Images On our last coverage of Rexford Industrial Reality Inc. (NYSE:REXR) we identified that the bulls were likely going to run out of juice to keep the stock price afloat. Fundamental threats were popping up and once the euphoria of the potential rate cuts passed, you would likely see the lows breached. The small rumblings in the economic landscape for REXR should not be ignored. Rich valuations have a few things that you can ...