{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-121376","form_type":"8-K","ticker":"LXP","cik":"0000910108","company_name":"LXP Industrial Trust","filed_at":"2026-11-02T21:37:24+00:00","discovered_at":"2026-11-02T21:38:00.303206+00:00","generated_at":"2026-11-02T21:38:03.558844+00:00","sec_items":["2.01","5.01","3.01","3.03","5.02","5.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Brookfield, CPP Investments close $5.2B LXP acquisition at $61.20/share; LXP delisted from NYSE","bullets":["LXP shareholders received $61.20 per common share in cash; transaction valued LXP at ~$5.2B including net debt and preferred equity.","Each 6.50% Series C preferred share converted into a Series C Preferred Unit, then redeemed at $50.00 plus $1.1014 accrued dividends.","LXP portfolio: 107 industrial properties, ~52M sq ft in Sunbelt and Midwest; to be folded into Brookfield's 255M+ sq ft global logistics platform.","All restricted share awards vested at maximum performance and were cashed out at the $61.20 merger consideration; all LXP trustees and officers resigned.","LXP paid 2026 tax-year distributions of $2.10/common share and $2.4375/Series C share, 100% long-term capital gain dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-121376","json":"https://secwatch.observer/filing/0001104659-26-121376.json","markdown":"https://secwatch.observer/filing/0001104659-26-121376.md","text":"https://secwatch.observer/filing/0001104659-26-121376.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/910108/000110465926121376/0001104659-26-121376-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/910108/000110465926121376/tm2628722d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-02T21:38:03.558844+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5a89b0d0e9","claim":"Gautam Huded was appointed as Manager of the Surviving Entity at LXP Industrial Trust.","evidence_excerpt":"(ii) Gautam Huded, Frank Costanzo, and Priyanka Taneja, the directors of Merger Sub immediately prior to the Effective Time, became the managers of the Surviving Entity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/910108/000110465926121376/0001104659-26-121376-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"became the managers of the Surviving Entity"},{"label":"Role","value":"Manager of the Surviving Entity"}],"fact_type":"executive_change"},{"claim_id":"e174887226","claim":"Gautam Huded was appointed as other_named_officer at LXP Industrial Trust.","evidence_excerpt":"the officers of Merger Sub immediately prior to the Effective Time, including Gautam Huded, became the officers of the Surviving Entity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/910108/000110465926121376/0001104659-26-121376-index.htm","confidence":0.8,"family_label":"Executive change","details":[{"label":"Action","value":"became the officers of the Surviving Entity"}],"fact_type":"executive_change"},{"claim_id":"f00956dd08","claim":"Frank Costanzo was appointed as Manager of the Surviving Entity at LXP Industrial Trust.","evidence_excerpt":"(ii) Gautam Huded, Frank Costanzo, and Priyanka Taneja, the directors of Merger Sub immediately prior to the Effective Time, became the managers of the Surviving Entity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/910108/000110465926121376/0001104659-26-121376-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"became the managers of the Surviving Entity"},{"label":"Role","value":"Manager of the Surviving Entity"}],"fact_type":"executive_change"},{"claim_id":"fde6a02894","claim":"Priyanka Taneja was appointed as Manager of the Surviving Entity at LXP Industrial Trust.","evidence_excerpt":"(ii) Gautam Huded, Frank Costanzo, and Priyanka Taneja, the directors of Merger Sub immediately prior to the Effective Time, became the managers of the Surviving Entity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/910108/000110465926121376/0001104659-26-121376-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"became the managers of the Surviving Entity"},{"label":"Role","value":"Manager of the Surviving Entity"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}