Real Estate News

LXP Industrial Trust Suspends Strategic Alternatives Process

Remains Open to Opportunities to Maximize Shareholder Value

NEW YORK, April 08, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP” or the “Company”), a real estate investment trust (REIT) focused on single-tenant warehouse/distribution real estate investments, today announced that its Board of Trustees has unanimously determined to suspend the Company’s previously announced evaluation of strategic alternatives.

CTO Realty Growth Announces $30.0 Million Preferred Investment in Watters Creek at Montgomery Farm in the Allen Submarket of Dallas, TX

WINTER PARK, Fla., April 11, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has entered into a preferred equity agreement to provide $30.0 million of funding towards the acquisition of the Watters Creek at Montgomery Farm grocery-anchored, mixed-use property in Allen, Texas (the “Preferred Investment”).

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