secwatch.observer — SEC 8-K summary
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Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2022-02-25T23:59:59+00:00
Accession:  0001539497-22-000520
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LXP Q4 net income $0.90/dil share; Adj FFO $0.18; full-year Adj FFO $0.78
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- Q4 net income $260.5M ($0.90/sh); full-year net income $375.8M ($1.34/sh).
- Adjusted Company FFO Q4 $53.8M ($0.18/sh); full-year $223.2M ($0.78/sh).
- Acquired eight warehouse/distribution facilities for ~$365.9M in Q4; subsequent acquisitions of $71.8M.
- Recapitalized 22 industrial assets into JV, acquired 20% interest for $30.8M.
- Leased 1.7M sq ft speculative development; raised industrial Base Rents 12.8% and Cash Base Rents 5.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000153949722000520/0001539497-22-000520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000153949722000520/n2525-x13_8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-22-000520

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