WEST PALM BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Recorded Net Income attributable to common shareholders of $4.7 million, or $0.02 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (“A ...

WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) ("LXP"), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its third quarter 2024 financial results the morning of Wednesday, November 6, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following: Conference ...

LXP Industrial Trust (NYSE: LXP ) owns and operates single-tenant industrial real estate across the U.S., with key markets in Phoenix, Arizona, Greenville, South Carolina, and Atlanta, Georgia. Collectively, these markets account for approximately 30% of their annualized base rents. Major tenants of LXP include prominent names such Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 ...

Exhibit 99.1 | --- | --- | --- | |-------|-------|---------------------------------------| | | | | | | | NYSE: LXP 515 N FLAGLER DR, SUITE 408 | | | | WEST PALM BEACH, FL 33401 | FOR IMMEDIATE RELEASE LXP INDUSTRIAL TRUST REPORTS SECOND QUARTER 2024 RESULTS West Palm Beach, FL - July 31, 2024 - LXP Industrial Trust ("LXP") (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended June 30, 2024. Second Quart ...

FORM 10-Q For the transition period from _________________ to ________________ LXP INDUSTRIAL TRUST (Exact name of registrant as specified in its charter) Maryland 13-3717318 (State or other jurisdiction of incorporation of organization) (I.R.S. Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For ...

LXP Industrial Trust (NYSE:LXP) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Heather Gentry - IR Will Eglin - CEO Brendan Mullinix - CIO James Dudley - EVP Beth Boulerice - CFO Conference Call Participants Anthony Paolone - JPMorgan Todd Thomas - KeyBanc Capital Markets Mitch Germain - Citizens JMP Camille Bonnel - Bank of America James Kammert - Evercore ISI Jon Petersen - Jefferies LLC Operator Thank you for standing by. My name is Christa and I will be your conference op ...

▪ Support local communities through volunteer events and monetary donations ▪ Routinely engage with ourtenants to understandleasing and operational needs, provide resources to promote sustainable tenant operations ▪ Established a women's mentorship group ▪ Conducted a tenant feedback survey throughKingsley Associates (KA), achieving a satisfaction score in excess ofthe KA average ▪ Distributed annual ESG+R Metrics Survey to tenants and property teams to collect sustainability metrics across the portfolio in ...

A quarter ago, it was expected that this real estate investment trust would post FFO of $0.16 per share when it actually produced FFO of $0.16, delivering no surprise. LXP Industrial, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $85.79 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of $87.05 million. The company has topped consensus revenue estimates just once over the last four quarter ...

T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented, "Our excellent second quarter results were driven by nearly three million square feet of leasing volume with strong leasing spreads and same-store NOI growth of 5%. This quarter also marked the completion of our portfolio transformation as we sold our final two consolidated office assets. We remain focused on executing internal growth opportunities, including marking current rents to market and leasing our remaining development pipelin ...

Leslie Moore, SVP, Director of ESG and Corporate Operations, commented, "We are excited to add another solar installation to our portfolio to further enhance LXP's sustainability initiatives. Our partnership with Wunder provided us with an end-to-end solution without any capital outlay from LXP. We are appreciative of Wunder's expertise and persistence in completing this project." ABOUT LXP INDUSTRIAL TRUST ABOUT WUNDER This release contains certain forward-looking statements which involve known and unknown ...