LXP Industrial Trust's $5.2 billion all-cash acquisition by Brookfield and CPPIB at $61.20 per share takes the stage as the industrial REIT reported a Q2 loss and immediately suspended its common dividend, though adjusted funds from operations climbed 5% year-over-year and the portfolio sits 97.4% leased with strong 43.1% base rent spreads.
LXP Industrial Trust :
LXP
LXP
Stock Data
$60.70
$0.04 (0.07%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - INDUSTRIAL
LXP Industrial Trust is a real estate investment trust (REIT) that specializes in industrial properties across the United States. It primarily invests in single-tenant industrial spaces, aiming to grow its portfolio through various strategies including acquisitions, build-to-suit projects, sale-leaseback deals, and development projects. LXP Industrial Trust focuses on creating value and generating returns through strategic investments in the industrial real estate sector.
Latest Activity
Q2 2026
EPS
-$0.03
est $0.02-$0.05
Revenue
$88M
est $86M+2.5%
All LXP Industrial Trust Articles
14 Articles