Industrial REITs

“Interest Expense Our Total Portfolio interest expense increased by $9.0 million, or 12.8%, during the nine months ended September 30, 2025, compared to the nine months ended September 30, 2024, primarily due to a $13.3 million increase related to the aggregate $1.15 billion of exchangeable notes offering we completed in March 2024, partially offset by a $2.7 million decrease due to higher capitalized interest related to repositioning and redevelopment activities, a $0.7 million decrease resulting from new interest rate swaps on our $400.0 million term loan facility, which were effective on July 1, 2025, and carried lower fixed rates than the swaps they replaced, and a $0.7 million decrease due to the repayment of the $100 Million Notes in August 2025.”

REXR 10-Q · 2025-10-20

“In January 2026, the applicable margin decreased by 0.04% to 0.685% for the unsecured revolving credit facility and to 0.76% for the Term Facility after certifying that our sustainability performance targets were met for 2025. (5) The Revolver is subject to an applicable facility fee which is calculated as a percentage of the total lenders’ commitment amount, regardless of usage.”

REXR 10-K · 2026-02-11

“Debt Extinguishment and Modification Expenses During the three months ended June 30, 2025, we recognized debt extinguishment and modification expenses of $0.3 million, consisting of a $0.2 million loss on extinguishment of debt from the write-off of unamortized debt issuance costs attributable to creditors in the unsecured revolving credit facility that were not included in the May 2025 amended senior unsecured credit agreement and $0.1 million of third-party fees associated with the modification of the $400.0 million unsecured term loan facility.”

REXR 10-Q · 2026-07-28