Rexford Industrial Realty Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Small Cap Growth
Company profile

Rexford Industrial Realty, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is focused on owning and operating industrial properties in Southern California infill markets. Through its controlling interest in its Rexford Industrial Realty, L.P. (Operating Partnership) and its subsidiaries, it owns, manages, leases, acquires and develops industrial real estate principally located in Southern California infill markets, and, from time to time, acquire or provide mortgage debt secured by industrial property. It owns a portfolio of approximately 236 properties with approximately 29.9 million rentable square feet. In addition, it manages approximately 20 properties with approximately one million rentable square feet.

This security is a preferred stock
Closing Price
$25.22
Day's Change
0.00 (0.00%)
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
19,621
0

Comcast Launching More Than 20 WiFi-Connected "Lift Zones" in Twin Cities

5:00 am ET November 16, 2020 (BusinessWire) Print

As part of its ongoing commitment to help connect low-income families to the Internet so they can fully participate in educational opportunities and the digital economy, Comcast today announced plans to equip more than 20 different locations in the Twin Cities with WiFi-connected "Lift Zones" before the end of 2020.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201116005352/en/

Working with its network of nonprofit partners, Comcast is providing robust WiFi hotspots in safe spaces designed to help students get online, participate in distance learning and do their homework. This initiative provides free connectivity inside partner community centers for the next three years.

The Sanneh Foundation Distanced Learning Hub at Conway Community Center in St. Paul was the first of 14 Lift Zones installed in the Twin Cities. The Sanneh Foundation Distanced Learning Hub provides much needed help to parents and guardians by providing a safe place each day for more than 140 students during normal school hours. The Lift Zone features free WiFi provided by Comcast, which allows students to work on laptops simultaneously so they can successfully participate in distance learning.

"Working parents across our community have been wondering how to handle distance learning for their children. In addition, many parents are not able to afford daycare or access to the technology needed for distance learning at home," said Tony Sanneh, founder and CEO, The Sanneh Foundation. "That's why we are so grateful Comcast has partnered with us to provide these crucial resources and stepped in to fill an important need."

"We are proud to partner with community organizations across the Twin Cities and equip them with free internet service and the digital training skills that will provide kids with safe, fast and reliable connectivity to keep up with school and prepare for a brighter future," said J.D. Keller, regional senior vice president, Comcast Twin Cities. "The COVID-19 crisis continues to put many low-income students at risk of being left behind, accelerating the need for comprehensive digital equity and internet adoption programs to support them. We hope these Lift Zones will help those students who, for a variety of reasons, are unable to connect to effective distance learning at home."

Twin Cities community organizations that have established Lift Zones in their respective facilities include:

Boys & Girls Clubs of the Twin Cities locations Al Lenzmeier West Side, St. Paul East Side, St. Paul Jerry Gamble Center, Minneapolis Mount Airy, St. Paul Southside Village, South Minneapolis Hallie Q. Brown Community Center, St. Paul Keystone Community Services, St. Paul Neighborhood House, St. Paul Perspectives Family Center, St. Louis Park Phyllis Wheatley Community Center, Minneapolis Pillsbury United Communities, Brian Coyle Center, Minneapolis The Real Minneapolis, Allina Commons, Minneapolis The Sanneh Foundation, Conway Community Center, St. Paul Vietnamese Social Services, St. Paul

Several more Twin Cities Lift Zone partners are currently under consideration, including YMCA of the North and Division of Indian Work in partnership with the Phillips Indian Educators of Metropolitan Urban Indian Directors group, with the goal to have all locations installed by early 2021.

In addition, the company is providing free access to all outdoor WiFi hotspots until the end of 2020, plus hundreds of hours of digital skills content to help families and site coordinators navigate online learning. Lift Zone sites complement Comcast's Internet Essentials program, which has helped connect more than 8 million low-income people to the Internet at home, including more than 172,000 Minnesotans.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States' largest video, high-speed Internet, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed Internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201116005352/en/

SOURCE: Comcast Corporation">

Jill Hornbacher
Jill_Hornbacher@Comcast.com 
651.425.1695

Dave Nyberg
Dave_Nyberg@Comcast.com 
651.341.6401
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