Los Angeles Commercial Real Estate CEO Outlook

Mr. Schwimmer serves as Rexford Industrial's Co-Chief Executive Officer and on our Board of Directors since July 2013. Mr. Schwimmer has served as Co-Founder and Senior Managing Partner of our predecessor business and President of Rexford Industrial Realty & Management Inc. since December 2001. From May 1983 until November 2001, Mr. Schwimmer, a licensed California real estate broker, served at various times as manager, executive vice president and broker of record for DAUM Commercial Real Estate, one of California’s oldest industrial brokerage companies. Mr. Schwimmer’s thirty-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. Mr. Schwimmer 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 thirty million square feet of industrial properties in Southern California. Mr. Schwimmer received his Bachelor’s degree from the University of Southern California in 1983 where he majored in business with an emphasis in real estate finance and development. Mr. Schwimmer serves on the USC Lusk Center Real Estate Leadership Council, is Board Chair of USC Hillel, and is the Allocation Committee Chair of the Los Angeles Jewish Federation, Real Estate Principals Organization.

BRIAN SAENGER is the President and Chief Executive Officer of The Ratkovich Company, a Los Angeles-based real estate development company specializing in urban infill and historic rehabilitation of landmark properties. He previously served as the Company’s Chief Operating Officer and General Counsel and was responsible for overseeing the Company’s operations, including development management, property management, and legal and administrative functions. In 2021, Brian was named to the Los Angeles Business Journal’s list of 500 Most Influential People in Los Angeles. Brian joined the Company as the Vice President of Acquisitions and played a leading role in the Company’s acquisition of The Bloc, a 1.8 million square foot, mixed-use property in downtown Los Angeles consisting of retail, office and hospitality uses. He also represented the Company in the successful negotiation of a 50-year ground lease for the development of West Harbor (formerly known as the San Pedro Public Market), a $150 million transformation of a 42-acre site along the Los Angeles waterfront in San Pedro. Recently, West Harbor was featured in the Los Angeles Times for landing seven high-profile restaurant and entertainment leases during the pandemic. Prior to joining the Company, Brian served as the Company’s outside counsel when he practiced with the international law firms of DLA Piper LLP (US) and Pillsbury Winthrop Shaw Pittman. Brian serves on the Board of Directors for the San Gabriel Valley Economic Partnership. He is a member of the Urban Land Institute and serves on the Urban Development and Mixed-Use Council. He previously served on the Board of Directors for the California YMCA Youth & Government program and was a past Chair of the Board. Brian is a member of the State Bar of California and a licensed California real estate broker. Brian received his Juris Doctorate from Loyola Law School, Los Angeles, with honors, where he served as the Editor-in-Chief of the Loyola of Los Angeles Law Review. He received his Bachelor of Arts degree from the University of California, Los Angeles.