LXP Industrial Trust ( (LXP) ) has provided an update.
LXP Industrial Trust, a real estate investment trust listed on the NYSE, reported strong Q3 2024 results, including a 5.4% increase in same-store NOI and significant rental increases on new leases. The company completed key development projects, including a 250,000 sq. ft. facility in Columbus, Ohio, and bolstered its portfolio by acquiring a new site in Savannah, Georgia. LXP also increased its quarterly dividend by 3.8%, highlighting its commitment to shareholder returns amid active transaction and development activities.
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