LXP Industrial Trust - NYSE: LXP

Name: LXP Industrial Trust - NYSE: LXP
Address: One Penn Plaza, Suite 4015, New York, NY, 10119, US
Telephone: +12126927200
Price range: $

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LXP Industrial Trust - NYSE: LXP

LXP Industrial Trust (NYSE: LXP) is an active acquirer, owner, developer, and operator of premium industrial real estate in key U.S.

logistics markets with high growth potential.

07/14/2026

LXP is building up its land bank with the recent acquisition of a 37-acre infill industrial redevelopment site in the South Airport submarket of Phoenix. The property is leased to Phoenix Education Partners (NYSE: PXED) through March 31, 2031. LXP intends to redevelop the site into ~400K-450K SF of industrial facilities upon lease expiration.

T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented, “Our recently acquired covered land investment is a premier infill industrial redevelopment opportunity that expands LXP’s presence in the Phoenix market, which is benefiting from favorable demographic trends and business investment in advanced manufacturing and data centers. The rental payments of $82 million over the remaining lease term, representing an initial cash yield of 15.7%, is expected to result in an inexpensive land basis that will support attractive development yields at the end of the lease term.”

Thank you to the Newmark team for their support with this transaction including, Barry Gabel, Chris Marchildon, CJ Osbrink, Gary Cornish, Nico Burgarello.

To learn more details about the transaction, visit the investors’ section of LXP’s website to access the June presentation.

06/30/2026

LXP is happy to announce it has been recognized as a 2026 Green Lease Leader with Gold Recognition.

This award highlights our commitment to sustainability and the implementation of high-performance, energy-efficient leasing practices across our portfolio. We are honored to be among this year’s organizations helping to drive positive change throughout the commercial real estate industry.

Congratulations to all of the 2026 Green Lease Leaders working to advance sustainability through innovative leasing strategies.

06/25/2026

As part of LXP's ongoing commitment to supporting its communities, members of our Dallas office recently volunteered at the North Texas Food Bank, one of LXP's charitable partners.

The North Texas Food Bank plays a critical role in fighting hunger and providing access to nutritious food throughout North Texas. We are proud to support their mission not only through our charitable giving efforts, but also through hands-on volunteerism from our employees.

Thank you to our Dallas team for dedicating their time and energy to making a positive impact in the community.

06/10/2026

At LXP, we believe strong teams are built both inside and outside the workplace. Employees across our offices recently participated in a variety of wellness and community-focused events, including the JPMorgan Corporate Challenge in New York and Dallas and the Community Run benefiting the iTHINK Community Foundation in Florida. These events provided a great opportunity for our team members to stay active, connect with colleagues and support meaningful causes in the communities where we live and work. We're proud of everyone who laced up their sneakers and represented LXP!

06/01/2026

Tune in Wednesday, June 3rd at 9:30AM ET to hear from the LXP team during a live webcast at NAREIT’s REITweek: 2026 Investor Conference.

View the presentation and webcast here:
https://brnw.ch/21x30xi

05/13/2026

We’re excited to have recently pre-leased our ~1.2M SF spec project in the Southwest Valley submarket of Phoenix to a full building user. We broke ground on the project in February after closely monitoring market fundamentals over the last several months and observing the supply of 1M SF+ buildings steadily decrease. The lease is expected to commence in December 2026. With the ex*****on of this lease, LXP has achieved record leasing volume at this stage of the year, executing 4.4 million square feet of new and extended leases. A big thanks to all of our partners at Merit Partners, Colliers, JLL and Ross Property Advisors for their support with this transaction - Merit Partners, Don MacWilliam, Lance Ross Marc Hertzberg, Kelly Royle and Charlotte Elstob.

For more details, visit our link below:

https://brnw.ch/21x2sTi

04/28/2026

Join our webcast on Wednesday, April 29th at 8:30 AM ET to hear LXP discuss Q1 2026 earnings results.

Dial-In Details:
North America Toll-Free: (888) 660-6082
International Toll: +1 (929) 201-6604
Conference ID: 1576583
Webcast: https://events.q4inc.com/attendee/866286243

Replay Details:
North America Toll-Free: (800) 770-2030
International Toll: +1 (609) 800-9909
Conference ID: 1576583

04/17/2026

Team members from our local Florida office had a wonderful time attending the Black & White Gala in partnership with Speak Up for Kids of Palm Beach County. It was a meaningful evening celebrating a mission that truly makes an impact, advocating for and uplifting children in our community. We’re proud to stand alongside Speak Up for Kids Palm Beach County an organization who is doing such important work, and grateful for the opportunity to be part of a night dedicated to purpose, connection and giving back💙

Address

One Penn Plaza, Suite 4015
New York, NY
10119

Telephone

+12126927200

Website

http://www.lxp.com/

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