Lexington Realty Trust (LXP) Tops Q3 FFO by 1c

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Lexington Realty Trust Reports Third Quarter 2015 Results

November 5, 2015 7:30 AM EST

NEW YORK, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Generated Company Funds From Operations ("Company FFO") of $66.9 million, or $0.27 per diluted common share.Disposed of three properties for gross disposition proceeds of $135.7 million.Invested $25.5 million in on-going build-to-suit projects.Completed an industrial build-to-suit property for $22.1 million.Leased... More