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Lexington Realty Trust · New York, NY United States ·(NYSE: LXP)

Company Description

1 Penn Plaza Ste. 4015
New York, NY
10119
United States (Map)
Phone: 212-692-7200
Fax: 212-594-6600
Rankings
  • S&P 600
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Lexington Realty Trust (formerly Lexington Corporate Properties Trust) lays down the law when it comes to commercial real estate. The umbrella partnership real estate investment trust (UPREIT) owns and manages about 280 properties throughout the US and Netherlands. Its properties include warehouses, manufacturing facilities, offices, and retail sites totaling some 45 million sq. ft. of rentable space. Most properties are rented under triple net leases. Tenants include Baker Hughes, Bank of America, and The Shaw Group. Lexington Realty Trust became a REIT when it acquired Newkirk Realty Trust in 2007. To read the full description, subscribe now.

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Key Lexington Realty Trust Financials

Company TypePublic - NYSE: LXP

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$441.2
2008 Employees65

Lexington Realty Trust Executives

17 executives listed for Lexington Realty Trust's New York, NY location.
TitleName & BioContact
ChairmanE. Robert RoskindNetwork
Vice Chairman and Chief Investment OfficerRichard RouseNetwork
President, CEO, COO, and TrusteeT. Wilson EglinNetwork

Competition

Competitive Landscape for Lexington Realty Trust
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
Top Lexington Realty Trust Competitors
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