Welcome to our dedicated page for Lxp Industrial Trust news (Ticker: LXP), a resource for investors and traders seeking the latest updates and insights on Lxp Industrial Trust stock.
LXP Industrial Trust reports recurring developments as a publicly traded REIT focused on Class A warehouse and distribution real estate investments. Its updates center on rental revenue, Adjusted Company FFO, same-store NOI, leasing spreads, portfolio occupancy and activity in target Sunbelt and Midwest markets.
Company news also covers development projects, build-to-suit and sale/leaseback activity, property dispositions outside target markets, quarterly common and Series C preferred dividends, debt refinancing, senior note activity, share repurchases and the completed one-for-five reverse share split. Leasing announcements often relate to large warehouse facilities and distribution projects, including new leases and lease extensions.
LXP Industrial Trust (NYSE: LXP) reported second quarter 2026 results and announced a proposed all-cash merger with affiliates of Brookfield Asset Management and Canada Pension Plan Investment Board. The Buyer would acquire all LXP shares for $61.20 per share in cash, valuing the transaction at approximately $5.2 billion including net debt and preferred equity. The offer represents a 12.3% premium to LXP’s 30-day VWAP and 19.8% to its 90-day VWAP as of July 17, 2026, and is expected to close by year-end 2026, subject to shareholder approval and customary conditions.
For Q2 2026, LXP reported total gross revenues of $88.1 million, a net loss attributable to common shareholders of $(1.6) million, or $(0.03) per diluted share, and Adjusted Company FFO of $49.5 million, or $0.84 per diluted share, up from $0.80 a year earlier. Same-store NOI increased 0.5%. LXP pre-leased a 1.2 million square foot Phoenix development at approximately $9.8 million initial annual cash rent, completed 2.3 million square feet of new and extended second-generation leases with substantial rent spreads, acquired a 37-acre Phoenix covered land investment for $103.2 million at a 15.7% initial cash yield, and maintained a 97.4%-leased stabilized portfolio. Net debt to annualized Adjusted EBITDA stood at 5.5x with $1.4 billion of consolidated debt at a 3.6% weighted-average interest rate. LXP paid a $0.70 Q2 common dividend but, under the Merger Agreement, has suspended future regular common dividends while continuing preferred dividends, and will no longer host earnings calls or provide guidance.
LXP Industrial Trust (NYSE: LXP) agreed to be acquired by a Brookfield Asset Management and CPP Investments buyer group in an approximately $5.2 billion all-cash transaction, including net debt and preferred equity. LXP shareholders will receive $61.20 per share in cash, a 12.3% premium to the 30-day VWAP and 19.8% to the 90-day VWAP for the period ended July 17, 2026.
The deal was unanimously approved by LXP’s Board and is expected to close in the fourth quarter of 2026, subject to shareholder approval and customary conditions, with no financing condition. The agreement includes a 40-day go-shop period through August 28, 2026 for alternative proposals. LXP has suspended common dividends until closing or termination of the agreement. Upon completion, LXP shares will cease trading on the NYSE and the company will become privately held.
LXP Industrial Trust (NYSE:LXP) will release its Q2 2026 financial results on the morning of Wednesday, July 29, 2026, and host a conference call and webcast at 8:30 a.m. Eastern Time to discuss the results.
Investors can join via toll-free and local numbers or webcast, with a replay available for one year.
LXP Industrial Trust (NYSE:LXP) declared a regular quarterly common share dividend of $0.70 per share for the quarter ending June 30, 2026. The dividend is payable on or about July 15, 2026, to shareholders of record as of June 30, 2026.
LXP also declared a quarterly cash dividend of $0.8125 per share on its Series C Cumulative Convertible Preferred Stock, payable on or about August 17, 2026, to shareholders of record as of July 31, 2026.
LXP Industrial Trust (NYSE:LXP) reported strong recent activity and raised its 2026 Adjusted Company FFO guidance.
Year-to-date leasing reached 4.6 million sq. ft., including 2.7 million in Q2 to date, with second-generation cash base rents up 22%. LXP acquired a $103 million Phoenix covered land investment and now projects 2026 Adjusted Company FFO of $3.30–$3.40 per diluted share, up from $3.22–$3.37. Expected 2026 net income is $2.38–$2.48 per diluted share.
LXP (NYSE:LXP) pre-leased a 1.2 million sq ft speculative warehouse development in Phoenix to a U.S. subsidiary of a global logistics company, with lease commencement on Dec 1, 2026 and a five-year term.
Initial annual cash base rent is $9.8 million with 3.5% annual escalations. Estimated total project cost is $122 million, producing an estimated development cash yield of ~8.0%. LXP reported a record 4.4 million sq ft of new and extended leases year-to-date.
LXP (NYSE: LXP) reported first quarter 2026 results: net loss attributable to common shareholders of $(1.9) million (loss of $0.03 per diluted share) and Adjusted Company FFO of $47.3 million or $0.80 per diluted share, up 2.6% year-over-year. Stabilized portfolio was 96.6% leased. Company executed 3.2 million square feet leased year-to-date and started a 1.2 million sq ft speculative development in Phoenix. Total consolidated debt was $1.3 billion with net debt to annualized Adjusted EBITDA of 5.1x.
LXP Industrial Trust (NYSE: LXP) will release first quarter 2026 financial results on the morning of Wednesday, April 29, 2026 and will host a conference call and webcast the same day at 8:30 a.m. ET.
Investors may join via Conference Call: (888) 660-6082 or International (929) 201-6604 (Conference ID: 1576583), or via webcast at https://events.q4inc.com/attendee/866286243. Telephone replay available through May 6, 2026, and webcast replay available for one year. Participants are asked to connect at least 15 minutes early to register or download audio software.
LXP Industrial Trust (NYSE: LXP) declared a regular common share dividend of $0.70 per common share for the quarter ending March 31, 2026, payable on or about April 15, 2026 to shareholders of record as of March 31, 2026.
The company also declared a cash dividend of $0.8125 per share on its Series C cumulative convertible preferred stock for the same quarter, payable on or about May 15, 2026 to holders of record as of April 30, 2026.
LXP (NYSE: LXP) reported fourth-quarter 2025 results, with net income attributable to common shareholders of $27.1 million ($0.46 diluted) and Adjusted Company FFO of $47.0 million ($0.79 diluted).
Full-year 2025 Adjusted Company FFO was $187.3 million ($3.15 diluted), stabilized portfolio leased was 97.1%, and net debt to Adjusted EBITDA fell to 4.9x. LXP completed $389.1 million of property dispositions in 2025 and executed ~4.9 million square feet of leasing activity. 2026 guidance: net income $(0.01)–$0.14 and Adjusted Company FFO $3.22–$3.37 per diluted share.