LXP Industrial Trust

LXP Industrial Trust is a Maryland real estate investment trust that operates as a publicly traded company on the New York Stock Exchange under the ticker symbol LXP. The company's website is www.lxp.com.

LXP focuses on acquiring, developing, and managing Class A warehouse and distribution real estate properties, primarily in target markets throughout the Sunbelt and lower Midwest regions of the United States. The company's investment strategy emphasizes general-purpose, well-designed industrial facilities with features including clear heights ranging from 28 to 40 feet, wide column spacing, efficient loading dock ratios, and ample parking. As of December 31, 2025, LXP owned equity interests in approximately 108 consolidated real estate properties located across 14 states, comprising approximately 52.7 million square feet of space with approximately 97.1% occupancy.

The company operates through a single reportable segment, managing its portfolio on an aggregated basis. LXP's properties are predominantly subject to net or similar leases where tenants bear substantially all operating costs including real estate taxes, utilities, insurance, and ordinary repairs. The company maintains a diversified tenant base with its largest tenant representing 6.5% of annualized cash base rent, and approximately 47.4% of rental income derived from tenants with investment-grade credit ratings.

Beyond its core warehouse and distribution portfolio, LXP provides advisory services and co-invests with institutional investors through non-consolidated joint ventures, including interests in office properties and special purpose industrial assets. The company owns interests in approximately 514 acres of developable land in its target markets and partners with merchant builders for build-to-suit and speculative development projects.

LXP employs 58 full-time employees across departments including investments, asset management, accounting, tax, corporate, legal, and information technology. The company outsources certain functions including property management to national firms, information technology services, and internal audit functions. LXP maintains a commitment to corporate responsibility initiatives focused on environmental sustainability, employee engagement, and community involvement, including maintaining Gold-level Green Lease Leader recognition and an "A" ranking in GRESB Public Disclosure for the U.S. Industrial Peer Group.