Lexington Realty Trust

Sector: Real Estate Investment Trusts Region: NY, United States

Exchange/Ticker: New York Stock Exchange: LXP | New York Stock Exchange: LXP.PRC | New York Stock Exchange: LXP.PRD

Company Description

Lexington Realty Trust is a real estate investment trust, which invests, owns and manages commercial properties. Its primary business is the acquisition, ownership and management of portfolios of single-tenanted office, industrial and retail properties. Substantially all of these properties are subject to triple net or similar leases, where the tenant bears all or substantially all of the costs and/or cost increases for real estate taxes, utilities, insurance and ordinary repairs. Lexington Realty assets consist of general purpose, efficient, single-tenant net-leased office and industrial assets, in well-located and growing markets. It also provides investment advisory and asset management services to investors in the net lease area. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.

Similar to: RioCan Real Estate Investment Trust, ProGreen Properties, Inc., Monmouth Real Estate Investment Corp.

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