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Underwriters exercise option in Rexford's series C preferred share offering

Rexford Industrial Realty Inc. said the underwriters in the company's public offering of 5.625% series C cumulative redeemable preferred stock fully exercised their 30-day overallotment option to buy up to 450,000 additional shares.

Including the additional-share option, the number of series C preferred shares subject to the offering totals 3,450,000.

The offering is expected to close Sept. 20.