secwatch.observer — SEC 8-K summary
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Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001444838-25-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LXP Q4 net income $31.4M ($0.11/sh); same-store NOI up 4.1%; FFO guidance $0.61-0.65
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- Net income attributable to common shareholders $31.4M ($0.11/sh) vs $13.0M ($0.04) YoY; adjusted FFO $47.0M ($0.16) vs $51.4M ($0.17).
- Same-Store NOI increased 4.1% vs Q4 2023; acquired four warehouses for $157.6M, disposed of three for $136.7M.
- Full-year 2025 guidance: net income $0.01-0.05/sh, Adjusted Company FFO $0.61-0.65/sh.
- Leased 1.0M sq ft in Q4 with base rent spreads of 66.3% and cash rent spreads of 42.6%.
- Net debt to adjusted EBITDA 5.9x; total debt $1.6B at weighted-average rate 3.68%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000144483825000024/0001444838-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000144483825000024/lxp-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001444838-25-000024

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