Core Insights - LXP Industrial Trust reported strong third-quarter results, highlighted by the sale of two vacant development projects for $175 million, which is a 20% premium over the gross book value of the properties [4][13]. - The company achieved a net income attributable to common shareholders of $34.6 million, or $0.12 per diluted share, significantly up from $4.7 million, or $0.02 per diluted share, in the same quarter last year [6][54]. - Adjusted Company Funds From Operations (FFO) remained stable at $46.7 million, or $0.16 per diluted share, consistent with the previous year [7][54]. Financial Performance - Total gross revenues for the quarter ended September 30, 2025, were $86.9 million, up from $85.6 million in the same quarter of 2024, driven by stabilized development projects and rent increases [5][50]. - The company reported a Same-Store Net Operating Income (NOI) increase of 4.0% year-to-date and 2.0% for the quarter compared to the same periods in 2024 [8]. - The net debt to Adjusted EBITDA ratio improved to 5.2x, reflecting reduced leverage following the property sales [4][22]. Transaction Activity - LXP sold two vacant development projects totaling 2.1 million square feet for $175 million, resulting in net proceeds of approximately $151 million after transaction costs [13][22]. - The company acquired a warehouse facility for $30 million, maintaining a 100% lease rate at acquisition [12][22]. - Year-to-date property dispositions totaled $272.9 million at weighted-average capitalization rates of 6.3% and 5.1% [15]. Leasing Activity - The stabilized portfolio leased percentage increased to 96.8% by the end of the quarter [8][21]. - LXP executed 1.1 million square feet of new and extended leases, raising Cash Base Rents by 27.7% [21]. - The company extended 1.8 million square feet of leases year-to-date, increasing Base and Cash Base Rents by 30.8% and 30.1%, respectively [8][21]. Dividends - LXP declared a regular quarterly common share dividend of $0.14 per share for the quarter ending December 31, 2025, representing a 3.7% increase from the previous quarter [9][11]. - The company also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock for the same quarter [10][11]. Future Guidance - LXP estimates net income attributable to common shareholders for the year ending December 31, 2025, will be in the range of $0.25 to $0.26 per diluted common share [27]. - The company tightened its estimated Adjusted Company FFO guidance for the year to a range of $0.63 to $0.64 per diluted common share [27]. Stock Split Announcement - A reverse stock split of LXP's common shares at a ratio of 1-for-5 is expected to take place on November 10, 2025, reducing the number of outstanding shares from approximately 295.8 million to about 59.2 million [23][24].

Core Insights - Albert Anthony is a Croatian-American business author and media contributor with a focus on real estate investment trusts (REITs) [1] - He has a background in IT analysis for Fortune 500 companies and experience in financial services with Charles Schwab [1] - Anthony is launching a book on REITs in 2025 and operates his own equities research firm remotely [1] Background and Experience - The author has over 1,000 followers on Seeking Alpha and writes for various financial platforms [1] - He has participated in numerous business and innovation conferences in the EU and the US [1] - Anthony is pursuing a CMSA certification from the Corporate Finance Institute in Vancouver [1] Media and Digital Presence - He is active in digital media, including a YouTube channel focused on REITs [1] - The author has appeared in regional media channels in Croatia and has had roles in over five productions [1] - Albert Anthony & Company is a sole proprietorship registered in Austin, Texas, focusing on general market commentary and research [1]

Core Insights - LXP Industrial Trust is a real estate investment trust focused on acquiring, owning, developing, and operating premium industrial real estate, particularly modern Class A warehouses and distribution centers in key U.S. logistics markets [1] Financial Performance - LXP Industrial is set to report its Q3 2025 earnings on October 30, with Wall Street analysts expecting an EPS of $0.06, a decrease from $0.16 in the prior-year period. Quarterly revenue is anticipated to reach $87.68 million, an increase from $85.57 million a year earlier [2] - The company reported Q2 2025 earnings with FFO of $0.16, meeting expectations, while revenues of $87.72 million exceeded the consensus of $86.85 million [7] Historical Investment Performance - If an investor had purchased LXP Industrial stock 10 years ago at approximately $8.78 per share, a $10,000 investment would have grown to $10,786 based on stock price appreciation alone, with dividends contributing an additional $6,799, leading to a total investment value of $17,585, representing a total return of 75.85% [3][4][5] Dividend Information - LXP Industrial's current dividend yield is 5.70%, and over the past 10 years, it has paid about $5.97 in dividends per share [4] Future Outlook - Analysts have a consensus rating of "Overweight" for LXP Industrial, with a price target of $11, indicating a potential upside of over 16% from the current stock price [7]

Core Points - LXP Industrial Trust announced a tender offer to purchase up to $150,000,000 of its 6.750% Notes due 2028, excluding accrued interest and related fees [1][4][8] - The total consideration for the Notes validly tendered before the Early Tender Deadline is calculated based on a fixed spread and includes an early tender premium of $30.00 per $1,000 [3][5] - The Offer will expire on October 30, 2025, unless extended or terminated earlier by the Company [4] Offer Details - The principal amount of the Notes outstanding is $300,000,000, with a Tender Cap of $150,000,000 [2] - The reference U.S. Treasury Security yield is 3.375%, with a fixed spread of 50 basis points [2] - Due to the Tender Cap being exceeded, the Company will accept approximately $140,000,000 of the Notes validly tendered, applying a proration rate of about 75.3% [8] Tender Process - Holders of Notes who tendered before the Early Tender Deadline will receive accrued interest along with the Total Consideration [6] - Withdrawal rights for the Notes expired on October 15, 2025, at 5:00 p.m. New York City time [7][9] - The settlement for the accepted Notes is expected to occur on October 20, 2025, subject to conditions being met [8]

Core Viewpoint - LXP Industrial Trust has announced early results of its tender offer to purchase up to $150 million of its 6.750% Notes due 2028, with a significant amount already tendered by the early deadline [1][4]. Tender Offer Details - The tender offer has a purchase cap of $150 million, excluding accrued interest and related fees [1]. - The offer will expire on October 30, 2025, unless extended or terminated earlier by the company [3]. - As of the early tender deadline on October 15, 2025, $186,042,000 of the Notes had been validly tendered [2][4]. Financial Considerations - The total consideration for the Notes accepted for purchase will include an early tender premium of $30.00 per $1,000 principal amount [5]. - Holders who tender their Notes after the early deadline will receive a lower consideration without the early tender premium [5]. - The total consideration will be determined on October 16, 2025, based on the fixed spread and yield to maturity of the reference U.S. Treasury Security [5][6]. Eligibility and Interest - Only holders who tendered their Notes by the early deadline are eligible for the total consideration [7]. - Accrued and unpaid interest will also be paid to holders whose Notes are accepted for purchase [7]. Subscription Status - The offer for the Notes has been fully subscribed as of the early tender deadline, and no additional Notes will be accepted after this date [9]. Company Overview - LXP Industrial Trust is a publicly traded REIT focused on Class A warehouse and distribution investments across 12 target markets in the Sunbelt and Midwest [14]. - The company aims to expand its portfolio through acquisitions, development projects, and various real estate transactions [14].

Core Points - LXP Industrial Trust will release its third quarter 2025 financial results on October 30, 2025 [1] - A conference call and webcast will be held on the same day at 8:30 a.m. Eastern Time to discuss the results [1] - Participants can access the call via a dedicated phone line or through a webcast link [1] Company Overview - LXP Industrial Trust is a publicly traded 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] - For more information, LXP provides a Quarterly Supplemental Information package and maintains a presence on social media [5] Contact Information - Investor or media inquiries can be directed to Heather Gentry, Executive Vice President of Investor Relations, at the provided phone number or email [6]

Core Viewpoint - LXP Industrial Trust has initiated a tender offer to purchase up to $150 million of its 6.750% Notes due 2028, indicating a strategic move to manage its debt obligations effectively [1][2]. Offer Details - The tender offer is for an aggregate purchase price of up to $150 million, excluding accrued interest and related fees [1]. - The Notes have a principal amount outstanding of $300 million, with a fixed spread of 50 basis points over the reference U.S. Treasury Security [2]. - The early tender premium is set at $30 per $1,000 principal amount of the Notes accepted for purchase [3]. Timeline and Conditions - The offer will expire on October 30, 2025, unless extended or terminated earlier by the company [2]. - Tenders can be withdrawn until 5:00 p.m. on October 15, 2025, after which withdrawal rights are limited [2]. - The total consideration for validly tendered Notes will be determined on October 16, 2025, and will include accrued interest [3][5]. Acceptance and Proration - Notes will be accepted in principal amounts of $2,000 or integral multiples of $1,000 [4]. - If the total purchase price of validly tendered Notes exceeds the tender cap, proration may occur [8]. - Notes tendered before the early tender deadline will be prioritized for acceptance over those tendered afterward [7]. Company Overview - LXP Industrial Trust is a publicly traded REIT focused on Class A warehouse and distribution investments across 12 target markets in the Sunbelt and Midwest [15]. - The company aims to expand its portfolio through acquisitions, development projects, and sale/leaseback transactions [15].

Core Viewpoint - LXP Industrial Trust has successfully sold two vacant development projects for a total of $175 million, reflecting a strong market position in Class A warehouse and distribution real estate investments [1][2]. Group 1: Transaction Details - The sale includes two properties located in Ocala, Florida, and Indianapolis, Indiana, totaling 2,138,640 square feet [1]. - The gross sale price represents a 20% premium, or $29 million, over the gross book value of the properties as of June 30, 2025 [2]. - LXP expects to receive net proceeds of approximately $151 million after accounting for minority partner distributions and transaction costs [2]. Group 2: Use of Proceeds - The net proceeds from the sale will be allocated for debt repayment and other general corporate purposes [2]. Group 3: Company Overview - LXP Industrial Trust is a publicly traded REIT focused on Class A warehouse and distribution investments across 12 target markets in the Sunbelt and lower Midwest [3]. - The company aims to expand its portfolio through various strategies, including acquisitions, build-to-suit transactions, sale-leaseback transactions, and development projects [3].

Core Insights - LXP Industrial Trust is recognized as one of the best warehouse and self-storage stocks to invest in currently [1] - The company declared a quarterly dividend of $0.135 per common share, indicating a stable payout while expanding its portfolio [2] - In Q2 2025, LXP initiated the redevelopment of a 350,000-square-foot warehouse and sold another warehouse for $39.6 million, with same-store NOI increasing by 4.7% year-over-year [3][4] Company Overview - LXP Industrial Trust is a publicly traded REIT that focuses on Class A warehouse and distribution investments, expanding its portfolio through various strategies including acquisitions, development projects, build-to-suit transactions, and sale-leaseback deals [4]

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]