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0.000547345374931667 0.000547345374931667 0.00164203612479481 0.00109469074986314 0.0109469074986318 0.00875752599890551 0.0109469074986318 0.00875752599890551
Stock impact report

LXP Industrial Trust Announces $175 Million Sale of Development Projects in Central Florida and Indianapolis Markets [Yahoo! Finance]

LXP Industrial Trust (Maryland REIT) (LXP) 
Last lxp industrial trust (maryland reit) earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lxp.com
Company Research Source: Yahoo! Finance
estate investment trust focused on Class A warehouse and distribution real estate investments, today announced the sale of two vacant development projects, totaling 2,138,640 square feet, located in Ocala, Florida and Indianapolis, Indiana for an aggregate gross price of $175 million. The closing of the sale occurred on September 30, 2025. The gross sale price represents a 20% premium, or $29 million, to the gross book value of the properties as of June 30, 2025. LXP expects to receive net proceeds of approximately $151 million after deducting minority partner distributions and transaction costs. Net proceeds from the sale will be used for debt repayment and other general corporate purposes. Please visit https://ir.lxp.com/events-and-presentations/presentations for more details on the transaction. ABOUT LXP INDUSTRIAL TRUST LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 t Show less Read more
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