Lexington Realty Trust: Name Change and Name Change for LXP Industrial Trust – Form 8-K
Lexington Realty Trust changes name and name
to LXP Industrial Trust
Highlights the successful transformation of an industry-focused portfolio and growth strategy
New York – December 15, 2021 – Lexington Realty Trust (NYSE: LXP) (âLXPâ or âthe Companyâ), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced a corporate brand change and name change to LXP Industrial Trust. As part of the rebranding, LXP also unveiled a new logo and launched a new website at www.lxp.com.
LXP’s new name and logo reflect its focus on industrial real estate investing as the company completes its transition from a diversified net leasehold REIT to a predominantly single-tenant industrial REIT focused on warehouses and assets of high quality distribution in the main US logistics markets.
T. Wilson Eglin, Chairman and CEO of LXP, said: âWe are delighted to launch our new branding, which more accurately reflects LXP’s portfolio direction and growth strategy. The rebranding is an important step in the evolution of LXP and underscores our success in transforming the business from a diversified net lease REIT to a predominantly single tenant industrial REIT. ”
LXP will continue to trade under its ticker symbol âLXPâ. The name change will take effect on the New York Stock Exchange in 10 days.
ABOUT LXP INDUSTRIAL TRUST
LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that focuses on single-tenant industrial real estate investments in the United States. LXP seeks to expand its industrial portfolio through acquisitions, development projects and custom construction and sale-leaseback transactions. For more information or to follow LXP on social media, visit www.lxp.com.
Investors or media inquiries for LXP Industrial Trust:
Heather Gentry, Senior Vice President, Investor Relations
LXP Industrial Trust
Telephone: (212) 692-7200
E-mail: [email protected]
Lexington Real Estate Trust published this content on December 16, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on December 16, 2021 09:58:03 PM UTC.