tiprankstipranks
LXP Industrial Trust Reports Strong Q3 2024 Results
Company Announcements

LXP Industrial Trust Reports Strong Q3 2024 Results

Invest with Confidence:

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.

See more data about LXP stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App