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Rexford pays $41.3M for Prologis' industrial property in Commerce, Calif.

Rexford Industrial Realty Inc. purchased a 92,000-square-property in Commerce, Calif., for $41.3 million from Prologis Inc., The Real Deal reported, citing L.A. County records.

Prologis had acquired the property at 6277 E. Slauson Ave. for $15.7 million in 2004.

Representatives for both companies did not respond to requests for comment, according to the report.