Market ExposureLXP Industrial Trust has improved their exposure to higher growth markets while incurring no bottom-line dilution in the process.
Operational PerformanceOccupancy increased to 93.6%, with rents on leasing activities expanding by roughly 40%, indicating strong demand.
ValuationThe shares are attractively valued relative to peers, trading at mid-14x 2025E FFO/share, compared to industrial REITs as a group at 19x.