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LXP Stock Report - Lexington Realty Trust

Lexington Realty Trust logo Lexington Realty Trust (LXP) is a real estate investment trust that owns a portfolio of primarily office and industrial properties across the United States. The company is headquartered in New York City and was founded in 1993.

LXP's portfolio consists of more than 180 properties spanning 34 states and totaling more than 38 million square feet of leasable space. The company's properties are leased primarily to single tenants, with the majority of leases having remaining terms of five years or more.

LXP's primary source of revenue is from rental income generated by its properties. The company also earns revenue from tenant reimbursements, leasing fees, and other sources.

As of 2021, LXP had a market capitalization of approximately $2 billion and was traded on the New York Stock Exchange under the ticker symbol LXP. The company's management team is led by CEO T. Wilson Eglin.

 



Stock Sector: Real Estate: Diversified


 

 
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