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National  + Industrial  |  December 15, 2021
Apple Valley Industrial Park Duncan SC LXP
Paul Bubny
By: Paul Bubny

Lexington Realty Trust Rebrands to Reflect Industrial Focus

Lexington Realty Trust (LXP) on Wednesday announced a corporate rebranding and name change to LXP Industrial Trust. In connection with the rebranding, LXP also unveiled a new logo and launched a new website at www.lxp.com. 
 

New York City-based LXP’s new name and logo reflect its focus on industrial real estate investments as the company completes its transition from a diversified net-lease REIT into a primarily single-tenant industrial REIT focused on high-quality warehouse and distribution assets in key U.S. logistics markets. 

T. Wilson Eglin, LXP’s chairman and CEO, said, “The rebranding is an important milestone in the evolution of LXP and underscores our success in transforming the company from a diversified net-lease REIT to a primarily single-tenant industrial REIT.” 

LXP will continue to trade under its ticker symbol “LXP.” The name change will take effect with the New York Stock Exchange in 10 days. 

Pictured: Apple Valley Industrial Park in Duncan, SC, which LXP acquired in 2019. Photo courtesy of Panattoni.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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