Rexford Industrial Realty, Inc. (NYSE:REXR) acquired 700-806 W. 14th Street and 701-733 W. Anaheim Street, Long Beach for $24 million in March, 2022. The purchase was completed using $12 million of cash and 164,998 3.0% cumulative Convertible Preferred Operating Partnership units that are redeemable by the seller on a one-to-one basis for shares of the Company's publicly traded common stock Rexford Industrial Realty, Inc. (NYSE:REXR) completed the acquisition of 700-806 W. 14th Street and 701-733 W. Anaheim Street, Long Beach in March, 2022.