Lexington Realty Trust Provides Business Update - Seite 3
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions, development projects and other transactions, including acquisitions. For more information or to follow Lexington on social media, visit www.lxp.com.
This release contains certain forward-looking statements which involve known and unknown risks, uncertainties and other factors not under Lexington's control which may cause actual results, performance or achievements of Lexington to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those factors and risks detailed in Lexington's periodic filings with the Securities and Exchange Commission. Except as required by law, Lexington undertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the occurrence of unanticipated events.
Cash base rent is calculated by making adjustments to rental revenue determined in accordance with generally accepted accounting principles (“GAAP”) to remove the impact of GAAP required
adjustments to rental income such as adjustments for straight-line rents related to free rent periods and contractual rent increases. Cash base rent excludes billed tenant reimbursements and
lease termination income and includes ancillary income.
Contact:
Investor or Media Inquiries for Lexington Realty Trust:
Heather Gentry, Senior Vice President of Investor Relations
Lexington Realty
Trust
Phone: (212) 692-7200 E-mail: hgentry@lxp.com
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