---
schema_version: "secwatch.filing_event.v1"
accession: "0001444838-24-000094"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:43:59.127632+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LXP Q2 net income $3.8M, Adjusted FFO $0.16; portfolio now 100% industrial

## Summary
- Net income $3.8M ($0.01/diluted); Adjusted Company FFO $46.9M ($0.16/diluted), vs $0.18 prior year.
- Same-Store NOI +5% YoY; leased 2.7M sq ft with 44.5% base rent spread (excl. one lease).
- Repaid $198.9M 4.40% Senior Notes; net debt/EBITDA 6.2x; 91.9% fixed at 3.81% avg rate.
- Sold last two consolidated office assets; portfolio 100% industrial; $34.7M development investment.
- FY2024 guidance: net income $0.10-$0.13; Adjusted FFO tightened to $0.62-$0.65 per diluted share.

## SEC filing metadata
- accession: 0001444838-24-000094
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000144483824000094/0001444838-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000144483824000094/lxp-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001444838-24-000094
- JSON: https://secwatch.observer/filing/0001444838-24-000094.json
- Plain text: https://secwatch.observer/filing/0001444838-24-000094.txt

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