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 (TRC), 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. The Los Angeles Business Journal continues to list Brian as one of the 500 Most Influential People in Los Angeles. Brian is a respected business and civic leader in Los Angeles, having been asked to serve as a founding member of the UCLA Anderson Forecast Board of Advisors. The Forecast is one of the most widely watched and often-cited economic outlooks for California and the nation. It was the first major U.S. economic forecasting group to declare that the recession caused by the COVID-19 pandemic had already begun. Founded in 1952, the Forecast has distinguished itself as the leading independent economic forecast for greater Los Angeles, the state of California, and the United States. Brian is a member of the Board of Directors of the Los Angeles County Business Federation (LA BizFed). He serves as the Founding Co-Chair of LA BizFed’s Executive Initiative and a past Co-Chair of LA BizFed’s Land Use, Housing, Development, Real Estate & CEQA Committee. Representing more than 240 diverse business organizations representing 420,000 employers with 5 million employees across Southern California, LA BizFed advances policies and projects that strengthen the regional economy. Brian also serves as a member of the Los Angeles Area Chamber of Commerce’s “The CEO Council,” an advisory group of top business leaders focused on ensuring affordable housing for middle-income families and building a workforce that is prepared for the good-paying jobs of the future. Brian is a member of the Urban Land Institute (ULI) and serves on the Urban Development and Mixed-Use Council. ULI is the oldest and largest network of cross-disciplinary real estate and land use experts in the world. He is also a member of the LAUSD Superintendent’s Business Advisory Council. Brian previously served on the Board of Directors for the California YMCA Youth & Government program and was a past Chair of the Board. Brian joined The Ratkovich 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 represented the Company in the successful negotiation of a 66-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. Prior to joining the Company, Brian served as the Company’s outside counsel when he practiced with the international law firms of DLA Piper and Pillsbury Winthrop Shaw Pittman. 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. Brian is a member of the State Bar of California and a licensed California real estate broker.