LXP-PRC

About LXP-PRC

LXP Industrial Trust is a real estate investment trust (REIT). It is focused on single-tenant warehouse and distribution investments across the United States. Primarily all its business is conducted through wholly owned subsidiaries, but it conducts a portion of its business through an operating partnership subsidiary, Lepercq Corporate Income Fund L.P. (LCIF). It provides capital to merchant builders by providing construction financing and/or a takeout for build-to-suit projects, speculative development properties and recently developed properties with vacancy. Its target markets are in the Sunbelt and the Midwest. Its target markets in the Sunbelt are Phoenix, Dallas-Fort Worth, Memphis, Atlanta, Savannah, Greenville-Spartanburg, and Central Florida. Its target markets in the Midwest are in Illinois, Indiana and Ohio, with a particular focus on the lower Midwest markets of Cincinnati, Columbus and Indianapolis. It has equity ownership interests in about 121 real estate properties.