9.64
NYSE : LXP
May 24, 2017 Minimum 20 minute delay.
Change
$0.08 0.84%
Volume
785,706
Market Cap ($M)
2,317.46
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Press Release

Lexington Realty Trust Reschedules Fourth Quarter 2016 Financial Results and Conference Call to March 1, 2017

Company Release - 2/21/2017 4:20 PM ET

NEW YORK, Feb. 21, 2017 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant real estate investments, today announced that it has rescheduled the release of its financial results for the quarter ended December 31, 2016 to Wednesday, March 1, 2017.  Lexington is still evaluating the treatment of a $7.7 million lease termination payment it received in the quarter ended June 30, 2016 related to its Westlake, Texas facility, which was initially amortized over the period ending June 30, 2021, the term of the lease with the replacement tenant. 

Lexington will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results.  Participants may access the call and webcast by the following:

Conference Call: US: 1-844-825-9783; International: 1-412-317-5163; Canada: 1-855-669-9657
Webcast: http://ir.lxp.com/CorporateProfile or visit the Investors section of the Company’s website.

A telephone replay of the call will be available through June 1, 2017 and via webcast for one year by accessing:

Telephone: US: 1-877-344-7529; International: 1-412-317-0088; Canada: 1-855-669-9658
Pin code for replay numbers: 10100256
Webcast: http://ir.lxp.com/CorporateProfile or visit the Investors section of the Company’s website.

Please access the website or call the conference center at least fifteen minutes prior to the start of the call to download and install any necessary computer audio software and/or register for the call.

ABOUT LEXINGTON REALTY TRUST

Lexington Realty Trust (NYSE:LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity and debt investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its portfolio through build-to-suit transactions, sale-leaseback transactions and acquisitions.  For more information or to follow Lexington on social media, visit www.lxp.com.

Contact:
Investor or Media Inquiries for Lexington Realty Trust:
Pat Carroll, Chief Financial Officer -or-
Heather Gentry, Senior Vice President of Investor Relations
Lexington Realty Trust
Phone: (212) 692-7200 E-mail: pcarroll@lxp.com or hgentry@lxp.com 

Source: Lexington Realty Trust