---
schema_version: "secwatch.filing_event.v1"
accession: "0000910108-25-000050"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:11:38.529433+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LXP sells two development projects for $175M, launches $150M tender offer for 2028 notes

## Summary
- Sold 2,138,640 sq ft in Ocala, FL and Indianapolis, IN for $175M gross, $29M above June 30, 2025 book value.
- Expects net proceeds of ~$151M after minority distributions and costs; proceeds used for debt repayment and general corporate purposes.
- Commenced tender offer for up to $150M of its outstanding $300M 6.75% Notes due 2028; early tender premium of $30 per $1,000.
- Tender offer expires Oct 30, 2025; early tender deadline Oct 15, 2025. Settlement dates: Oct 20 and Nov 3, 2025.
- Combined asset sale and debt tender reduce leverage and recycle capital; LXP notes REIT strategy unchanged.

## SEC filing metadata
- accession: 0000910108-25-000050
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000091010825000050/0000910108-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000091010825000050/lxp-20250930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910108-25-000050
- JSON: https://secwatch.observer/filing/0000910108-25-000050.json
- Plain text: https://secwatch.observer/filing/0000910108-25-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.