LXP Industrial Trust (LXP.PC) company profile
Close on Oct 30, 2026Market cap $2.97BP/E 50.3Yield 5.42%
About LXP Industrial Trust
Real Estate Investment Trusts, SIC 6798
LXP Industrial Trust is a real estate investment trust that acquires, develops, and manages Class A warehouse and distribution properties. The organization primarily focuses on single-tenant industrial facilities leased under net lease arrangements, where tenants cover most property operating expenses. In addition to direct real estate operations, the trust offers advisory services and participates in joint ventures with institutional partners investing in special purpose industrial and office assets. It operates through a single business segment, serving commercial tenants ranging from manufacturers to logistics providers across diverse industries.
As of December 31, 2025, the enterprise owned equity interests in approximately 108 consolidated real estate properties covering roughly 52.7 million square feet across 14 U.S. states, with approximately 514 acres of developable land. Its holdings are concentrated in 12 target markets located in the Sunbelt and lower Midwest regions. The company maintains its principal executive offices in West Palm Beach, Florida.
Summary of the business section of LXP Industrial Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LXP Industrial Trust
- Founded
- 1993
- Headquarters
- New York, NY
- Address
- One Penn Plaza, Suite 4015 10119
- Phone
- (212) 692-7200
- Website
- lxp.com
- Employees
- 58, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, New York
Stock & identifiers
- Ticker
- LXP.PC
- Other tickers
- LXP
- Exchange
- NYSE
- IPO date
- Oct 22, 1993
- Shares outstanding
- 59M, Jul 28, 2026
- Public float
- $2.38B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-5 reverse, Nov 11, 2025
- SEC CIK
- 910108
- CUSIP
- 529043408
- ISIN
- US5290434084
- LEI
- 549300S4MH2ICXDBFV43
- EIN
- 13-3717318
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| T. Wilson Eglin | Chairman, CEO and President, Director | 806,072 |
| Nathan Brunner | EVP, CFO and Treasurer | 93,243 |
| James Dudley | EVP & Director of Asset Mgmt. | 116,202 |
| Brendan P. Mullinix | EVP & Chief Investment Officer | 181,927 |
| Mark Cherone | EVP & Chief Accounting Officer | 23,210 |
| Nabil Andrawis | EVP, Director of Taxation | 50,356 |
| Joseph Bonventre | EVP, COO, Gen.Counsel & Sec | 216,002 |
| Beth Boulerice | EVP, CFO and Treasurer | 556,666 |
| Nancy Elizabeth Noe | Director | 13,542 |
| Lawrence L. Gray | Director | 26,231 |
| Jamie Handwerker | Director | 26,012 |
| Claire A. Koeneman | Director | 27,193 |
| Derrick L. Johnson | Director | 12,342 |
| Arun Gupta | Director | 19,305 |
| Howard Stewart Roth | Director | 22,981 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $6.65M | $12.46M | $1.91M | $130 | $103 |
| FY2024 | $5.68M | $2.51M | $2.31M | $87 | $109 |
| FY2023 | $5.38M | $3.52M | $2.07M | $104 | $114 |
| FY2022 | $5.23M | -$641.15K | $1.85M | $67 | $75 |
| FY2021 | $6.20M | $14.29M | $1.66M | $152 | $143 |
| FY2020 | $4.87M | $8.38M | $1.30M | $104 | $92 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| T. Wilson Eglin Chief Executive Officer and President | $840.00K | $4.04M | $1.44M | $317.96K | $6.65M | +17% |
| Nathan Brunner Executive Vice President, Chief Financial Officer and Treasurer | $500.00K | $955.08K | $686.88K | $3.50K | $2.15M | -13% |
| Joseph S. Bonventre Executive Vice President, Chief Operating Officer, General Counsel and Secretary | $530.00K | $1.46M | $728.09K | $17.50K | $2.74M | +9% |
| Brendan P. Mullinix Executive Vice President and Chief Investment Officer | $490.00K | $1.24M | $673.14K | $17.50K | $2.42M | +8% |
| James Dudley Executive Vice President and Director of Asset Management | $430.00K | $955.08K | $590.71K | $17.50K | $1.99M | – |
| Beth Boulerice Executive Vice President and Former Chief Financial Officer | $166.67K | – | $85.00K | $8.33K | $260.00K | -87% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 58 full-time employees.”
Corporate history
Events identified from SEC filings