ITEM 8.01 OTHER EVENTS
On December 31, 2020, Rexford Industrial Realty, Inc. (the "Company"), through a
subsidiary of its operating partnership and through its operating partnership,
Rexford Industrial Realty, L.P., of which the Company is the sole general
partner (the "Operating Partnership"), acquired four industrial properties
comprising approximately 0.4 million rentable square feet located within
Southern California in the Company's San Fernando Valley, Mid-Counties and
Inland Empire West submarkets (the "Properties"), for a contract price of
approximately $86.3 million, exclusive of closing costs. The acquisition of the
Properties was funded through the issuance of 1,800,000 common units of limited
partnership interests in the Operating Partnership (the "Common Units"). In
connection with the acquisition of the Properties, the Company and the Operating
Partnership agreed to provide the seller and certain permitted transferees with
customary indemnification in connection with certain taxable transfers of the
Properties.
Holders of Common Units have the right to cause the Operating Partnership to
redeem any or all of their Common Units for an amount of cash per unit equal to
the then current market value of one share of the Company's common stock, or, at
the Company's election, shares of the Company's common stock on a one-for-one
basis.
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REXFORD INDUSTRIAL REALTY, INC. 
