Rexford Industrial Realty, Inc. acquired 8911 Aviation Boulevard, located in Inglewood, Los Angeles from Hackman Capital Partners, LLC for $32 million.

Rexford Industrial Realty, Inc. (NYSE:REXR) acquired 8911 Aviation Boulevard, located in Inglewood, Los Angeles from Hackman Capital Partners, LLC for $32 million on December 30, 2021. Rexford intends to redevelop the site by constructing two new, best-in-class logistics buildings. The initial unlevered cash yield is 4.7%.

Rexford Industrial Realty, Inc. (NYSE:REXR) completed the acquisition of 8911 Aviation Boulevard, located in Inglewood, Los Angeles from Hackman Capital Partners, LLC on December 30, 2021.