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Last year, Rexford Industrial purchased a 49,585-square-foot value-add property in the Conejo Valley northwest of Los Angeles for $133-per-square-foot, one of the highest per-square-foot prices in the market. Last year, Rexford Industrial purchased a 49,585-square-foot value-add property in the Conejo Valley northwest of Los Angeles for $133-per-square-foot, one of the highest per-square-foot prices in the market.

THOUSAND OAKS, CA—Rexford Industrial Realty Inc. has acquired the Conejo Spectrum Business Park in Thousand Oaks, CA for $106.3 million in cash or $200-a-square-foot in an off-market transaction.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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