LXP Industrial Trust Reports Strong Q2 2025 Financials

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2025.07.30 19:17
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LXP Industrial Trust reported strong Q2 2025 financials, with a net income of $27.5 million and adjusted funds from operations of $47.3 million. The company achieved a 4.7% increase in same-store NOI and leased a significant development project. They also extended leases, commenced redevelopment projects, and repurchased securities. A warehouse facility was sold for $39.6 million, enhancing their financial position. Analysts rate LXP stock as a Hold with a $9.00 price target, while concerns about high valuation and operational efficiency persist.