LXP Industrial TrustLXP
What LXP Industrial Trust does.
We are a Maryland real estate investment trust, qualified as a REIT for federal income tax purposes, focused on Class A warehouse and distribution real estate investments in target markets in the Sunbelt and lower Midwest. Class A real estate encompasses attractive and efficient buildings of high quality that are well-designed and constructed with above-average material, workmanship and finishes and are well-maintained and managed. A majority of our properties are subject to net or similar leases, where the tenant bears all or substantially all of the costs, including cost increases, for real estate taxes, utilities, insurance and ordinary repairs. However, certain leases provide that the landlord is responsible for certain operating expenses.
As of December 31, 2025, we had equity ownership interests in approximately 108 consolidated real estate properties, located in 14 states and containing an aggregate of approximately 52.7 million square feet of space, approximately 97.1% of which was leased.
We were formed in 1993 and converted to a Maryland real estate investment trust in December 1997. Primarily all of our business is conducted through wholly-owned subsidiaries.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $330.4M | $344.0M | $321.2M | $340.5M | $358.5M | $350.2M |
| Net income | $183.3M | $382.6M | $113.8M | $30.4M | $44.5M | $113.2M |
| Free cash flow | — | — | — | — | — | — |
More on LXP.
- LXP Industrial Trust summary
- LXP Industrial Trust financial statements
- LXP Industrial Trust key metrics
- LXP Industrial Trust health scores and style box
- LXP Industrial Trust earnings
- LXP Industrial Trust dividends
- LXP Industrial Trust valuation
- LXP Industrial Trust ownership and insiders
- LXP Industrial Trust peers
Figures from LXP Industrial Trust's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.