Rexford Industrial Realty, Inc. announced the acquisition of a four-building industrial portfolio and an industrial outdoor storage property for $103.1 million. The acquisitions closed on December 31, 2020 and were funded using newly issued operating partnership units  and cash on hand.  For the full year 2020, the Company acquired $1.22 billion in industrial properties, representing 5.0 million square feet, bringing the Company's total portfolio to 248 properties comprising approximately 31.5 million square feet.