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LXP(LXP) - 2023 Q4 - Earnings Call Transcript
LXPLXP(LXP)2024-02-15 16:24

Our industrial stabilized portfolio was 100% leased at year end as we addressed our remaining vacancy during the fourth quarter. This included a 12-year lease with 3.5% bumps for the remaining 180,000 square feet at our Plant City, Florida facility and a 5-year lease with 3.75% bumps our approximately 258,000 square foot Houston facility. With that, I'll turn the call over to Beth to discuss financial results. Beth Boulerice Thanks, James. Revenue in the fourth quarter was $83 million with property operatin ...