Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 53

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 2
Chunk 53
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 Olive (95.5%)Phoenix, AZ315Mt. Comfort Phase II (80%)Indianapolis, IN116ATL Fairburn (100%)Atlanta, GA14445

Project (% owned)Market Approximate AcresNon-consolidated:Etna Park 70 (90%)Columbus, OH48Etna Park 70 East (90%)Columbus, OH2169

Tenant Diversification

We believe our tenant mix is well diversified. Below are the industries in our warehouse/distribution portfolio based on 2024 ABR for consolidated properties owned as of December 31, 2024:

IndustriesPercentage of ABRConsumer Products23.9 %Transportation/Logistics20.7 %E-Commerce13.7 %Automotive12.8 %Construction/Materials10.7 %Food6.1 %Apparel3.8 %Specialty2.6 %Retail Department1.9 %Energy Products1.1 %Other2.7 %Total100.0 %

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The following table sets forth information about the 15 largest tenants/guarantors in our portfolio as of December 31, 2024, based on total annualized base rental revenue as of December 31, 2024 ($000s, except square feet).

Tenants(1)Lease ExpirationsNumber of LeasesSquare Feet LeasedSquare Feet Leased as a % of the Consolidated Portfolio(2)(3)ABRPercentage of ABR(2)(4)Amazon2026-20336 3,864,731 7.1 %$18,949 6.7 %Nissan20272 2,971,000 5.5 %13,258 4.7 %Black and Decker2029 & 20332 2,289,366 4.2 %9,694 3.4 %Wal-Mart2027-20313 2,351,917 4.4 %9,077 3.2 %GXO Logistics2026-20283 1,697,475 3.1 %7,826 2.8 %Watco20381 132,449 0.2 %6,573 2.3 %FedEx20282 292,021 0.5 %6,282 2.2 %Ow