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Rexford Industrial draws on line of credit for additional acquisitions
Chicago, June 21 – Rexford Industrial Realty, Inc. announced that it will draw on its line of credit for a total of $218.4 million to acquire six industrial properties, according to a press release.
The company also used cash on hand for the acquisitions.
In June, the company acquired properties in Panorama City, Valencia, Redondo Beach, Los Angeles, Torrance and Tustin.
Rexford is a Los Angeles-based industrial real estate firm.
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