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LXP Industrial Speeds Up Exit From Office Properties

REIT Plans To Market Nine Remaining Buildings
The high-rise at 1701 Market St. in Philadelphia is one of nine office properties LXP Industrial Trust expects to have on the market by April. (Mitchell Birnbaum/CoStar)
The high-rise at 1701 Market St. in Philadelphia is one of nine office properties LXP Industrial Trust expects to have on the market by April. (Mitchell Birnbaum/CoStar)
CoStar News
February 25, 2022 | 9:10 P.M.

New York real estate investment trust LXP Industrial Trust is accelerating its plan to dispose of its office property holdings and expects to have them all on the market by April, the REIT disclosed in its fourth-quarter earnings conference call this week.

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