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LXP Industrial Trust Announces $175 Million Sale of Development Projects in Central Florida and Indianapolis Markets
LXPLXP(US:LXP) Globenewswire·2025-10-01 19:42

WEST PALM BEACH, Fla., Oct. 01, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced the sale of two vacant development projects, totaling 2,138,640 square feet, located in Ocala, Florida and Indianapolis, Indiana for an aggregate gross price of 175million.TheclosingofthesaleoccurredonSeptember30,2025.Thegrosssalepricerepresentsa20175 million. The closing of the sale occurred on September 30, 2025. The gross sale price represents a 20% premium, or 29 million, to ...