LXP Industrial Trust (LXP) Form 8-K — Nov 2, 2026
LXP Industrial Trust completed its merger with entities controlled by Brookfield Asset Management and CPP Investments on November 2, 2026, in an all-cash transaction valuing the company at approximately $5.2 billion including net debt and preferred equity. Common shareholders received $61.20 per share in cash, and Series C preferred holders received $50.00 per unit plus $1.1014 of accrued dividends. LXP's common shares and Series C preferred shares were suspended from trading and delisted from the NYSE effective November 2, 2026, with a Form 25 filed and a Form 15 to follow, terminating the company's SEC reporting obligations. LXP is now a privately held company.
Key figures
- Deal Value Usd
- $5.2 billion
- Portfolio properties
- 107
- Portfolio square feet
- approximately 52 million sq ft
- Preferred accrued dividends
- $1.1014
- Preferred series c per unit
- $50.00
- Brookfield logistics platform
- over 255 million sq ft across 850+ properties in 20 countries
- Merger consideration per share
- $61.20
- Distribution per common share 2026
- $2.10
- Distribution per series c preferred share 2026
- $2.4375
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.