Lexington Realty Trust
Lexington Realty Trust is a self-managed real estate investment trust (REIT) that owns and manages 215 commercial properties across 40 states. Its diverse portfolio of properties includes single-tenant offices, warehouses, manufacturing facilities, and retail sites totaling more than 40 million sq. ft. of rentable space. The trust also provides financing for mortgage and mezzanine loans. Most properties are rented under triple net leases, in which tenants are responsible for expenses such as real estate taxes and repairs. Its property occupancy rate is around 97%. Prominent tenants include Michelin, Nissan, and Sears.
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