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 (NYSE: LXP) is a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments in 12 target markets across the Sunbelt and the Midwest or lower Midwest. The LXP news feed highlights how the trust acquires, develops, redevelops, finances and recycles industrial properties in these logistics-oriented markets.
News about LXP Industrial Trust often covers its quarterly earnings results, portfolio performance and leasing activity. The trust issues press releases and 8-K filings describing metrics such as leased percentages in its stabilized portfolio, new and extended leases across millions of square feet, redevelopment projects in markets like Central Florida and Richmond, and land held for industrial development in areas including Phoenix, Indianapolis, Atlanta and Columbus.
Another recurring theme in LXP’s news is capital structure and financing activity. Recent items include the entry into a Third Amended and Restated Credit Agreement with a $600 million senior unsecured revolving credit facility and a $250 million unsecured term loan, as well as tender offers and pricing announcements related to its 6.750% Notes due 2028. The trust has also reported on a one-for-five reverse split of its common shares and related adjustments to equity plans and preferred stock conversion rates.
Investors and analysts following LXP’s news can review updates on dividends, debt management, property acquisitions and sales, and development progress. The news stream provides context on how LXP manages its industrial real estate portfolio, its balance sheet and its shareholder distributions over time.
LXP Industrial Trust (NYSE:LXP), a REIT specializing in Class A warehouse and distribution properties, has completed the sale of two vacant development projects for $175 million. The properties, totaling 2,138,640 square feet, are located in Ocala, Florida and Indianapolis, Indiana.
The transaction, which closed on September 30, 2025, represents a 20% premium ($29 million) above the properties' gross book value as of June 30, 2025. LXP anticipates receiving net proceeds of $151 million after deductions, which will be allocated towards debt repayment and general corporate purposes.
LXP Industrial Trust (NYSE:LXP), a REIT specializing in Class A warehouse and distribution investments, has declared its quarterly dividend payments. The company announced a regular common share dividend of $0.135 per share for Q3 2025, payable on October 15, 2025, to shareholders of record as of September 30, 2025.
Additionally, LXP declared a Series C Cumulative Convertible Preferred Stock dividend of $0.8125 per share for Q3 2025, to be paid on November 17, 2025, to shareholders of record as of October 31, 2025.
LXP Industrial Trust (NYSE:LXP) reported strong Q2 2025 results with net income of $27.5 million ($0.09 per share) and Adjusted Company FFO of $47.3 million ($0.16 per share). The company achieved notable Same-Store NOI growth of 4.7% year-over-year.
Key operational highlights include leasing a 1.1 million square foot development project and extending 1.3 million square feet of leases year-to-date with significant rent increases of 41.5% and 46.2% for Base and Cash Base Rents respectively. The company's stabilized portfolio maintained a strong 94.1% occupancy rate.
LXP disposed of a warehouse facility for $39.6 million and strategically repurchased $28.1 million of Trust Preferred Securities at a 5% discount. The company updated its 2025 guidance, projecting net income of $0.13-$0.15 per share and Adjusted Company FFO of $0.62-$0.64 per share.
LXP Industrial Trust (NYSE:LXP), a REIT specializing in Class A warehouse and distribution real estate investments, has scheduled its second quarter 2025 financial results announcement for Wednesday, July 30, 2025.
The company will release its Q2 2025 results in the morning, followed by a conference call and webcast at 8:30 a.m. Eastern Time. The earnings call can be accessed via phone using the conference ID 1576583 or through the company's webcast platform. A replay will be available through August 6, 2025 via telephone and for one year via webcast.
LXP Industrial Trust (NYSE: LXP) has secured a lease for its 1.1 million square foot industrial facility in Greenville/Spartanburg, South Carolina. The lease agreement is with a U.S. subsidiary of a global logistics company, commencing June 1, 2025, for a two-year term with two five-year renewal options. The initial rent is set at $5.50 per square foot with 3.25% annual rental escalations.
The lease is expected to generate approximately $3.7 million in Base Rent and operating cost reimbursement in 2025, resulting in an estimated stabilized cash yield of 8.0% for the development project. LXP has developed 15 facilities totaling 9.1 million square feet, with 74% already leased at an average estimated stabilized cash yield of 7.1%. The company has 2.3 million square feet of remaining spec development space available for leasing.
LXP Industrial Trust (NYSE: LXP), a REIT specializing in Class A warehouse and distribution real estate investments, has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025. The company will host a conference call and webcast at 8:30 a.m. Eastern Time on the same day to discuss the results.
Participants can join via phone at (888) 660-6082 (US) or (929) 201-6604 (International) using Conference ID 1576583, or through the webcast link available on LXP's investor relations website. A telephone replay will be accessible through May 8, 2025, and the webcast recording will be available for one year.
LXP Industrial Trust (NYSE: LXP), a REIT specializing in Class A warehouse and distribution investments, has declared its quarterly dividend payments. The company announced a regular common share dividend of $0.135 per share for Q1 2025, payable on April 15, 2025, to shareholders of record as of March 31, 2025.
Additionally, LXP declared a quarterly Series C Cumulative Convertible Preferred Stock dividend of $0.8125 per share, scheduled for payment on May 15, 2025, to shareholders of record as of April 30, 2025.
LXP Industrial Trust (NYSE:LXP) reported its Q4 2024 results with net income of $31.4 million ($0.11 per diluted share) and Adjusted Company FFO of $47.0 million ($0.16 per diluted share). The company achieved a 4.1% increase in Same-Store NOI compared to Q4 2023.
Key Q4 highlights include completing 1.0 million square feet of new leases with significant rent increases, acquiring four warehouse facilities for $157.6 million, and disposing of three warehouse facilities for $136.7 million. The company also placed into service a 625,238 square foot build-to-suit warehouse facility in Greenville/Spartanburg.
For full-year 2024, LXP recorded net income of $37.9 million ($0.13 per share) and generated Adjusted Company FFO of $189.4 million ($0.64 per share). The company completed 4.5 million square feet of leasing with substantial rent increases and achieved a 5.0% Same-Store NOI growth.