| Market Capitalization (Millions $) |
3,535 |
| Shares
Outstanding (Millions) |
58 |
| Employees |
58 |
| Revenues (TTM) (Millions $) |
347 |
| Net Income (TTM) (Millions $) |
88 |
| Cash Flow (TTM) (Millions $) |
59 |
| Capital Exp. (TTM) (Millions $) |
85 |
Business Description
LXP Industrial Trust is a real estate investment trust (REIT) that is focused on owning and managing industrial properties across the United States. The company was established in 2013 and is headquartered in New York City.
LXP Industrial Trust's primary goal is to provide its shareholders with consistent and growing income through its portfolio of industrial properties. The trust's management team is focused on acquiring and managing a diverse mix of industrial properties, including distribution centers, warehouses, and light industrial facilities in key logistic and distribution hubs across the country.
The trust's portfolio includes more than 200 properties located in 32 states and Puerto Rico, with a total rentable area of approximately 39 million square feet. The trust's tenants are primarily made up of leading national and international corporations, with top tenants including FedEx, UPS, Amazon, and Walmart.
LXP Industrial Trust has a strategy of acquiring high-quality properties that are well located in high-demand industrial markets. As a result, the trust has a strong track record of delivering stable returns to its shareholders. In addition to acquiring new properties, the trust actively manages its existing portfolio to optimize occupancy rates and rental income.
The trust operates under a master lease agreement, which provides stability and predictability in its rental income. The trust's portfolio is managed by a team of experienced real estate professionals, who are focused on identifying and capitalizing on opportunities to increase rental income and enhance the value of the trust's properties.
In terms of financial performance, LXP Industrial Trust has a strong balance sheet, with a debt to enterprise value ratio of around 30%. The trust also has a history of solid dividend payments, with a current yield of approximately5%.
Overall, LXP Industrial Trust is an established, well-managed REIT with a strong track record of delivering consistent and growing income to its shareholders. Its focus on high-quality, well-located industrial properties and its experienced management team make it an attractive investment opportunity for those looking to invest in the industrial real estate market.
Company Address: 515 N Flagler Dr, Suite 408 Zagreb 33401 City of Zagreb
Company Phone Number: 692-7200 Stock Exchange / Ticker: NYSE LXP
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2.26 %