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 Lexington Realty Trust is a real estate investment trust that invests in, owns and manages commercial properties net leased to major corporations throughout the United States. In addition, we provide investment advisory and asset management services to investors in the net lease area. Under a net lease, all, or substantially all, property operating expenses, such as insurance, real estate taxes, utilities, maintenance and repairs are generally paid by our tenants. Accordingly, we believe our cash flows during the lease term are highly predictable. We encourage investors to view Lexington as an investment which provides an attractive risk-adjusted total return, a significant portion of which is likely to come from quarterly cash dividends. We believe our portfolio is well-diversified by property type, geographic location, lease term and tenant industry concentration.
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