Nathan Brunner
Effective March 1, 2025, Nathan Brunner, age 42, was appointed by the Board of Trustees of LXP Industrial Trust (the “Trust”) as the Trust’s Executive Vice President, Chief Financial Officer and Treasurer.
Highest-materiality recent filing
LXP raises 2026 Adjusted FFO guidance, announces $103M Phoenix acquisition and strong leasing
2026 Adjusted Company FFO guidance raised to $3.30–$3.40 from $3.22–$3.37 per diluted share.
LXP posts Q1 net loss of $1.9M; Adjusted FFO per share rises 2.6% to $0.80
Net loss attributable to common shareholders of $(1.9)M ($(0.03)/diluted share) vs net income of $17.3M ($0.30) in Q1 2025.
LXP Q4 net income $0.46/share; Adjusted FFO $0.79; 2026 FFO guidance $3.22-$3.37
Q4 net income $27.1M ($0.46 diluted), down from $31.4M ($0.54) YoY; full-year net income $106.5M ($1.82 diluted).
LXP closes $600M revolver & $250M term loan with reduced pricing, extends maturities
$600M unsecured revolver matures Jan 31, 2030; $250M term loan matures Jan 31, 2029; both with extension options.
LXP Industrial Trust completes 1-for-5 reverse stock split, shares reduced to 59.2M
Reverse split effective 5:00 p.m. ET on Nov 10, 2025; trading on NYSE begins split-adjusted Nov 11.
LXP Q3 net income jumps to $34.6M; board approves 1-for-5 reverse split, raises dividend 3.7%
Net income $34.6M ($0.12 diluted EPS) vs $4.7M ($0.02) in Q3 2024; Adjusted Company FFO $46.7M ($0.16) unchanged YoY.
LXP sells two development projects for $175M, launches $150M tender offer for 2028 notes
Sold 2,138,640 sq ft in Ocala, FL and Indianapolis, IN for $175M gross, $29M above June 30, 2025 book value.
LXP Industrial Trust Reports Q2 2025 Net Income of $27.5M, Adjusted FFO of $47.3M
Generated Net Income attributable to common shareholders of $27.5 million, or $0.09 per diluted share.
LXP Q1 net income $17.3M vs year-ago loss; Same-Store NOI +5.2%
Net income attributable to common $17.3M ($0.06/diluted) vs net loss $1.9M in Q1 2024; Adjusted Company FFO $0.16/diluted.
Nathan Brunner appointed CFO of LXP Industrial Trust, replacing Beth Boulerice
Effective March 1, 2025, Brunner assumed roles of EVP, CFO and Treasurer; Boulerice remains as advisory EVP.
LXP Q4 net income $31.4M ($0.11/sh); same-store NOI up 4.1%; FFO guidance $0.61-0.65
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).
LXP Q3 Adj FFO $0.16/diluted, raises dividend 3.8%, tightens FY2024 guidance
Net income $4.7M ($0.02 diluted); Adj Company FFO $46.7M ($0.16 diluted).
LXP Q2 net income $3.8M, Adjusted FFO $0.16; portfolio now 100% industrial
Net income $3.8M ($0.01/diluted); Adjusted Company FFO $46.9M ($0.16/diluted), vs $0.18 prior year.
LXP Industrial Trust posts Q1 net loss of $1.9M; same-store NOI up 6.5%
Net loss attributable to common shareholders of $(1.9M) ($0.01/diluted share) vs net income $9.5M in Q1 2023.
Effective March 1, 2025, Nathan Brunner, age 42, was appointed by the Board of Trustees of LXP Industrial Trust (the “Trust”) as the Trust’s Executive Vice President, Chief Financial Officer and Treasurer.
As previously announced, Mr. Brunner replaces Beth Boulerice, who will remain in an advisory role as an Executive Vice President of the Trust.
Beth Boulerice will step down from her roles as Chief Financial Officer and Treasurer effective March 1, 2025.
Mr. Brunner will be appointed to succeed Ms. Boulerice as Chief Financial Officer and Treasurer effective March 1, 2025.
Nathan Brunner was appointed Executive Vice President of Capital Markets effective upon the start of his employment with the Trust on September 1, 2024.
Max materiality 0.75 · Median 0.68 · Most common event earnings