Group 1 - The article invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] Group 2 - There are no disclosed stock or derivative positions in any of the mentioned companies, and no plans to initiate such positions within the next 72 hours [2] - The article expresses personal opinions and is not compensated beyond the platform's standard arrangements [2]

Second Quarter 2025 Highlights T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented, "We delivered another quarter of solid funds from operations and strong same-store NOI growth. We reached a significant milestone during the quarter with the lease of our 1.1 million square foot development facility in the Greenville/Spartanburg market, which increased occupancy and is expected to contribute approximately $3.7 million to FFO this year. Finally, we sold an industrial asset at a 4.3% cash c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________________ to ________________ Commission File Number 1-12386 LXP INDUSTRIAL TRUST (Exact name of registrant as specified in its charter) (State or oth ...

LXP Industrial Trust (LXP) Q2 2025 Earnings Call July 30, 2025 08:30 AM ET Company ParticipantsHeather Gentry - EVP - IRWilson Eglin - Chairman, Chief Executive Officer and PresidentNathan Brunner - EVP, CFO & TreasurerAnthony Paolone - Executive DirectorJames Dudley - Executive Vice President and Director-Asset ManagementBrendan Mullinix - EVP & Chief Investment OfficerVince Tibone - Managing Director and Head of US Industrial & Mall ResearchNone - ExecutiveMitch Germain - MD - Real Estate ResearchJames Ka ...

Financial Data and Key Metrics Changes - Adjusted company FFO for Q2 2025 was $0.16 per diluted common share, totaling approximately $47 million, with guidance for 2025 adjusted company FFO tightened to a range of $0.62 to $0.64 [14][20] - Same store NOI growth for Q2 was 4.7%, with the same store portfolio 98% leased at quarter end [14][15] - Net debt to adjusted EBITDA was 5.8 times at quarter end, down 0.4 turns over the last twelve months [20] Business Line Data and Key Metrics Changes - The company leased approximately 2.4 million square feet year to date, with second generation base and cash based rent spreads of approximately 41% and 46% respectively [8][14] - The company achieved a significant milestone by leasing a 1,100,000 square foot development facility in Greenville Spartanburg, contributing approximately $6 million in annual cash base rent [9][14] Market Data and Key Metrics Changes - Net absorption in the U.S. was approximately 30 million square feet in Q2, with 20 million square feet occurring in the company's 12 target markets [7] - The construction pipeline in the target markets is approximately 90 million square feet, down nearly 75% from the 2022 peak [8] Company Strategy and Development Direction - The company continues to focus on its investment strategy in 12 target markets in the Sunbelt and select Lower Midwest states, which account for approximately 85% of gross assets [12] - The company is evaluating modest capital recycling opportunities outside of target markets for reinvestment, expecting to be largely earnings neutral [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the core business amid a soft industrial real estate environment and uncertain macroeconomic backdrop [6] - The company anticipates lower tenant retention for 2025, with year-end same store occupancy expected to be approximately 97% to 99% [10][15] Other Important Information - The company sold a property in Chillicothe, Ohio for approximately $40 million at a cash capitalization rate of 4.3%, bolstering its cash position [11] - The company has approximately $71 million of cash on the balance sheet at quarter end [20] Q&A Session Summary Question: What drove the low cap rate on the sale? - The sale execution was better than if sold into the investor marketplace, as it involved finding a user that wanted to own [23] Question: Can you provide a sense of the magnitude of dispositions in the near term? - The company would test the market with about $100 million of dispositions going forward, optimistic about creating liquidity from assets outside of target markets [24] Question: What traffic has been like for leasing up some of the larger empty boxes? - Activity in Indianapolis has picked up significantly, with several good deals signed, while Central Florida has seen renewed interest but remains slower [26][28] Question: Can you provide an update on lease expirations? - The company expects to backfill the 380,000 square foot facility in Indianapolis quickly, with good activity noted [33] Question: Any update on the land bank and build-to-suit opportunities? - There is continued interest in build-to-suit projects, particularly in Columbus, where the market has tightened significantly [39] Question: Are there any known move outs worth discussing? - The move outs were primarily due to competitive buildings offering better terms, such as tax abatements [60] Question: Is there a point where the company would consider buying back shares? - The priority is to generate more EBITDA and reduce net debt to EBITDA, with share repurchase being part of the mix if feasible [50]

SECOND QUARTER 2025 LXPINDUSTRIAL TRUST Forward-Looking Statements and Other Disclosure This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations, are generally identifiable by use of the words "believes," "expects," "intends," "anticipates, ...

WEST PALM BEACH, FL, July 30, 2025 (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 June 30, 2025. Second Quarter 2025 Highlights Recorded Net Income attributable to common shareholders of $27.5 million, or $0.09 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders - diluted (“Adjusted Company FFO”) ...

Company Overview - LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest [5] - The company aims to expand its portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions [5] Upcoming Financial Results - LXP will release its second quarter 2025 financial results on the morning of Wednesday, July 30, 2025 [1] - A conference call and webcast will be held on the same day at 8:30 a.m. Eastern Time to discuss these results [1] Access Information - Participants can access the conference call by dialing (888) 660-6082 or (929) 201-6604 for international calls, using Conference ID: 1576583 [1] - The webcast can be accessed at https://events.q4inc.com/attendee/363726824 [1] Replay Information - A telephone replay of the call will be available through August 6, 2025, and via webcast for one year [2] - The replay can be accessed by calling (800) 770-2030 or (609) 800-9909 for international calls, using Access Code: 1576583 [2]

Group 1 - The article discusses the reconsideration of preferred stocks, particularly REIT preferreds, due to improved spreads, with a focus on those yielding over 6.5% [1] - LXP Industrial Trust is specifically mentioned as a potential investment opportunity within the REIT preferreds category [1]

LXP Industrial Trust (LXP) 2025 Conference June 04, 2025 02:00 PM ET Speaker0 Alright. Good afternoon, everybody. My name is John Peterson. I lead our real estate research team at Jefferies. Really happy to have the LXP team here with us today for their formal company presentation. To my right is Will Eglin, CEO, and to his right is James Dudley, EVP and Director of Asset Management for LXP. So why don't we jump in? Will, maybe if you could just give us a brief intro into LXP and talk about how your portfol ...