LXP Industrial Trust Reports Q2 2025 Net Income of $27.5M, Adjusted FFO of $47.3M

LXP Industrial Trust

2025-Q2 EPS reported $0.15 revenue$176,582,000

Generated Net Income attributable to common shareholders of $27.5 million, or $0.09 per diluted share.
Increased Same-Store NOI 4.7% compared to the same period in 2024.
Leased a 1.1 million square foot development project with initial Cash Base Rent of $5.50 per square foot.
Extended 1.3 million square feet of leases year-to-date, increasing Base and Cash Base Rents by 41.5% and 46.2%, respectively.
Repurchased $28.1 million of Trust Preferred Securities at a 5.0% discount to par value.

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