Rexford Industrial Promotes John Nahas to Chief Operating Officer, Reaffirms $60M G&A Guidance

Feb. 26, 2026 — Rexford Industrial, Inc. (NYSE: REXR), a real estate investment trust focused on industrial real estate in infill Southern California, has promoted John Nahas to Chief Operating Officer, effective April 1, 2026. The move completes a broader executive realignment that includes Laura Clark's previously announced transition from COO to Chief Executive Officer.

Nahas currently serves as the company's Managing Director of Operations and Asset Management, a role he has held since July 2023. As COO, he will continue to oversee asset management, development and construction, leasing, and property management across Rexford Industrial's Southern California portfolio.

Leadership Transition and Cost Discipline

Alongside the promotion, Rexford Industrial reaffirmed its previously disclosed 2026 general and administrative expense guidance of approximately $60 million. The company also disclosed that it has reduced total aggregate executive compensation by approximately 50% compared to prior levels.

"John's promotion to COO acknowledges his exceptional leadership across Rexford's operations and investments and completes the strategic realignment of our executive team," said Laura Clark, current COO and incoming Chief Executive Officer. "John is a proven operator with deep market expertise, and since joining Rexford, he has been instrumental in strengthening our operational execution and efficiency. His promotion to COO underscores our commitment to operational rigor, disciplined capital allocation and driving long-term shareholder value."

"I'm honored to step into the role of COO to advance our strategic goals in collaboration with our outstanding Rexford team," said John Nahas. "Rexford has built a highly differentiated platform, and I am excited about the opportunities ahead as we continue driving operational excellence, executing with discipline and supporting the Company's reformed capital allocation framework."

Nahas's Background in Real Estate

Nahas brings more than 22 years of real estate operations and investment experience across various property types. He joined Rexford Industrial in January 2023 before assuming his Managing Director of Operations and Asset Management title in July 2023.

Prior to Rexford Industrial, Nahas served as President of CenterCal Properties, where he led business operations across one of the company's core regions. Before that, he was Vice President of Investments at Regency Centers, a publicly traded retail real estate investment trust and S&P 500 Index member, where he directed regional investments across Southern California. Earlier in his tenure at Regency Centers, Nahas held roles of increasing responsibility spanning transactions, asset management, and development.

Nahas holds a Master of Real Estate Development degree from the University of Southern California and a Bachelor of Arts from the University of California.

Sources

Rexford Industrial Press Release, February 26, 2026