Credit Ratings Upgrade to BBB+ (S&P) and Baa2 (Moody's)

LOS ANGELES, Aug. 18, 2022 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, announced that Moody's Investors Service ("Moody's") and S&P Global Ratings ("S&P") upgraded Rexford Industrial's investment grade issuer and senior unsecured ratings.  Moody's upgraded the Company's ratings to Baa2 from Baa3 with a stable outlook.  S&P upgraded the Company's ratings to BBB+ from BBB with a stable outlook.