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Saturday, April 10, 2021
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Frankel, Michael — Rexford Industrial Realty Inc
Co-Chief Executive
Rexford Industrial Realty Inc.
THE LATEST: Brentwood-based Rexford Industrial Realty Inc. had an active year under Frankel&s guidance. The company, which owns and buys properties exclusively in Southern California, completed roughly $971 million worth of acquisitions last year, adding 5.4 million square feet to its portfolio. In addition to portfolio purchases, the company buys smaller assets and does one-off deals.
BACKGROUND: Frankel is a 28-year veteran of the real estate business and has served as Rexford Industrial Realty&s co-chief executive and sits on the board of directors since 2013. Previously, he was CFO of Rexford Industrial Realty & Management Inc. and managing partner of Rexford Industrial and Rexford Sponsor. Prior to joining Rexford, Frankel oversaw investments at C3, a private equity firm and subsidiary of Comcast Corp. Previously, he worked with LEK Consulting and Melchers & Co. Frankel attended UC Berkeley and received an MBA from Harvard Business School.
YEARS ON THE LA500: 1
Return to the 2020 edition of the LA500.