Financial Services >> CEO Interviews >> May 29, 2014
Interview with the Co-CEOs: Rexford Industrial Realty, Inc. (REXR)
Michael S. Frankel has served as Rexford Industrial Realty, Inc.’s Co-Chief Executive Officer and a member of its board of directors since July 2013. He served as the Chief Financial Officer of Rexford Industrial Realty & Management Inc. since May 2005, and as Managing Partner of Rexford Industrial LLC and Rexford Sponsor LLC since December 2007 and September 2010, respectively. Mr. Frankel’s 28-year career includes nine years co-managing Rexford, focused on investing in infill Southern California industrial real estate. His career spans real estate investment, private equity investments and senior management operating roles. Profile
Howard Schwimmer has served as Rexford Industrial Realty, Inc.'s Co-Chief Executive Officer and a member of its board of directors since July 2013. He served as Co-Founder and Senior Managing Partner of its predecessor business, and President of Rexford Industrial Realty & Management Inc. since December 2001. Mr. Schwimmer’s 30-year professional career has been dedicated entirely and exclusively to Southern California infill industrial real estate, including its acquisition, value-add improvement, management, sales, leasing and disposition. He has experience forming real estate investment companies, managing real estate brokerage offices, serving as a real estate brokerage company board member, and acquiring, repositioning, developing, leasing, selling and adding value to over 30 million square feet of industrial properties in Southern California. Profile
TWST: Rexford is a relatively new public company. Would you start with some historical background on you and your fellow principals as well as when and why you formed Rexford?