Welcome to our dedicated page for Lxp Industrial Trust SEC filings (Ticker: LXP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LXP Industrial Trust filings document the REIT’s operating results, property portfolio activity, capital structure and governance as an owner and developer of Class A warehouse and distribution real estate. Its 8-K reports furnish quarterly results, supplemental information, conference-call materials, property sale disclosures and material financing agreements, including unsecured revolving credit and term loan arrangements.
The filing record also includes proxy materials covering trustee elections, executive compensation, equity-award plan matters and shareholder voting. Other disclosures address common shares, Series C cumulative convertible preferred stock, senior notes, debt tender-offer activity, amendments to organizational documents and the completed one-for-five reverse share split.
Gupta Arun reported acquisition or exercise transactions in this Form 4 filing.
LXP Industrial Trust director Arun Gupta received a grant of 664 Common Shares as quarterly trustee fees, issued at the average closing price over the quarter. Following this award, he directly holds 18,674 Common Shares of LXP Industrial Trust.
LXP Industrial Trust director Derrick L. Johnson received a grant of 664 common shares as compensation. The shares reflect quarterly trustee fees issued at the average closing price over the quarter, rather than an open-market purchase. After this award, Johnson directly holds 11,940.875 common shares, including 523.905044 shares acquired through a company-sponsored dividend reinvestment plan.
LXP Industrial Trust executive Nathan Brunner, EVP, CFO and Treasurer, reported a tax-withholding disposition of 4,074 Common Shares on January 2, 2026. The shares were valued at $49.58 per share and were used to cover tax obligations rather than sold on the open market.
Following this transaction, Brunner directly owned 93,243 Common Shares. This type of Form 4/A event is a routine administrative adjustment linked to equity compensation, not an open-market purchase or sale decision.
The Vanguard Group amended its Schedule 13G for LXP Industrial Trust, reporting 0 shares beneficially owned, representing 0% of the class as of the amendment. The filing states that Vanguard reorganized certain subsidiaries, and those entities will report holdings separately in reliance on SEC Release No. 34-39538.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
LXP Industrial Trust reported solid fourth-quarter and full-year 2025 results while continuing to streamline its portfolio and balance sheet. For the quarter, net income attributable to common shareholders was $27.1 million, or $0.46 per diluted share, on total gross revenues of $86.7 million, down from $100.9 million mainly due to a large one-time rental item in 2024. Adjusted Company FFO was $47.0 million, or $0.79 per diluted share, flat versus a year earlier.
For full-year 2025, net income attributable to common shareholders rose to $106.5 million, or $1.82 per diluted share, with Adjusted Company FFO of $187.3 million, or $3.15 per diluted share. Same-store NOI grew 2.9% for the year, and the stabilized portfolio was 97.1% leased across 52.7 million square feet.
LXP executed 4.9 million square feet of new and extended leases in 2025, achieving Base and Cash Base Rent increases on second-generation leases of 29.7% and 27.7% excluding fixed-rate renewals. The company disposed of $389.1 million of properties, repaid $218.1 million of debt and reduced net debt to Adjusted EBITDA to 4.9x. It ended the year with $1.4 billion of consolidated debt at a 3.6% weighted-average interest rate and $170.4 million of cash. For 2026, LXP forecasts net income attributable to common shareholders between $(0.01) and $0.14 per diluted share and Adjusted Company FFO between $3.22 and $3.37 per diluted share.
LXP Industrial Trust is a Maryland REIT focused on Class A warehouse and distribution properties in 12 target markets across the Sunbelt and lower Midwest. As of December 31, 2025, it owned interests in 108 consolidated properties totaling about 52.7 million square feet, 97.1% leased.
The company emphasizes predominantly single-tenant, net-leased industrial assets and holds roughly 514 acres of developable land. Its tenant base is diversified; the largest tenant contributes 6.5% of Annualized Cash Base Rent, and 47.4% of ABR comes from tenants with investment grade credit. LXP also co-invests through office and special-purpose industrial joint ventures.
Capital structure includes approximately $1.4 billion of total consolidated indebtedness and $49.9 million of property-level mortgages, with $600.0 million available under its principal credit facility. Variable-rate debt was $351.0 million, of which $332.5 million is hedged with interest rate swaps. As of February 11, 2026, 59,077,036 common shares were outstanding, following a 1-for-5 reverse split effective November 10, 2025.
State Street Corporation has filed a Schedule 13G reporting beneficial ownership of 3,362,533 shares of LXP Industrial Trust common stock, representing 5.7% of the class, as of 12/31/2025. State Street reports shared voting power over 2,875,727 shares and shared dispositive power over 3,362,533 shares, with no sole voting or dispositive power. The securities are reported as held in the ordinary course of business and not for the purpose of changing or influencing control of LXP Industrial Trust.
Vanguard Portfolio Management filed a Schedule 13G reporting passive ownership in LXP Industrial Trust common stock. It beneficially owns 5,919,905 shares, representing 10% of the class as of the event date.
Vanguard reports shared voting power over 22,815 shares and shared dispositive power over all 5,919,905 shares, with no sole voting or dispositive power. The filing follows an internal realignment at The Vanguard Group, after which portfolio management and proxy voting functions moved to Vanguard Portfolio Management. The securities are held in the ordinary course of business and not for the purpose of changing or influencing control of LXP Industrial Trust.
The Vanguard Group reports beneficial ownership of 8,907,954 shares of LXP Industrial Trust common stock, representing 15.05% of the class as of the event date. Vanguard has shared voting power over 499,684 shares and shared dispositive power over all 8,907,954 shares.
The shares are held for clients, who are entitled to dividends and sale proceeds, and no single other person has an interest in more than 5% of the class through these holdings. Vanguard states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of LXP Industrial Trust.
The filing notes an internal realignment at The Vanguard Group, Inc. effective January 12, 2026, after which certain subsidiaries or business divisions are expected to report beneficial ownership separately while pursuing the same investment strategies as before.
LXP Industrial Trust has amended and restated its main bank financing, replacing its prior facilities with a new $600 million senior unsecured revolving credit facility and a $250 million unsecured term loan. With lender approval, total commitments under these facilities and any additional term loans can be increased so that they do not exceed $1.8 billion, and the structure includes $40 million letter of credit and $40 million swingline sub-facilities.
The Revolver currently matures on January 31, 2030 and the Term Loan on January 31, 2029, with options to extend both to January 31, 2031 for specified fees if conditions are met. Borrowings are interest-only until maturity, with rates tied to base rate or SOFR plus margins that depend on leverage and credit ratings; based on current metrics, SOFR margins are 0.775% for the Revolver and 0.85% for the Term Loan. The company plans to use the Term Loan to refinance its prior term loan and currently has no borrowings on the Revolver, which it expects to use for working capital and new investments.