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LXP Industrial Launches $550 Million Joint Venture With Davidson Kempner

REIT Sells Manufacturing Assets To Fund Investments in Distribution Properties
A Dana manufacturing plant in Dry Ridge, Kentucky, is among properties LXP Industrial sold into a new joint venture with Davidson Kempner Capital Management. (CoStar)
A Dana manufacturing plant in Dry Ridge, Kentucky, is among properties LXP Industrial sold into a new joint venture with Davidson Kempner Capital Management. (CoStar)
CoStar News
January 3, 2022 | 6:57 P.M.

LXP Industrial Trust, formerly known as Lexington Realty Trust, has recapitalized a 22-property special-purpose industrial portfolio consisting of 6.72 million square feet of primarily manufacturing space.

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