Real Estate News

LXP Industrial Trust Partners With Wunder to Deploy Solar at Chicago Property

WEST PALM BEACH, Fla. and ROCKFORD, Ill., July 23, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A, warehouse and distribution investments, partnered with Wunder, a category-defining provider of commercial energy solutions, to deploy an on-site solar system at LXP’s Rockford, Illinois industrial facility.

BTR Communities Group, LLC and WNC & Associates Begin Construction on East Center Village in Lexington, NC

The new development will create 54 affordable housing unitsfor seniors at 40% and 60% of area median income (AMI)

LEXINGTON, N.C., July 23, 2024 (GLOBE NEWSWIRE) -- BTR Communities Group, LLC, a North Carolina-based developer and owner of affordable housing, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, have begun construction on East Center Village, an all-new 3-story affordable housing development in central North Carolina.

Postal Realty Trust Declares Second Quarter 2024 Dividend

CEDARHURST, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.24 per share.

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