Acquisitions

ACQUISITIONS

One of most active purchasers of single-tenant industrial real estate.

As one of the most active single-tenant industrial investors over the last five years, we’ve built a high-quality industrial platform that spans over 54 million square feet. With many years of experience, we have forged deep relationships built on credibility and integrity.

Potential Acquisition Criteria:

Class A warehouse and bulk distribution facilities
New construction with modern specifications
Target primary and secondary markets with strong industrial fundamentals
Lease terms primarily ranging from 5-15 years with ability to go shorter
Primarily single-tenant assets
Annual rental escalations of at least 2%

We also may pursue investments that would be considered more “value-add” “value-add” in nature, such as a facility with two tenants or some vacancy, in an effort to enhance property yields.

490 Westridge Parkway McDonough Georgia-11

" 17 green leases 17 green leases in the portfolio"

CONTACT OUR INVESTMENT TEAM

Brendan Mullinix
Chief Investment Officer
bmullinix@lxp.com

Natasha Roberts
EVP, Investments
nroberts@lxp.com

Max Stern
Senior Vice President
mstern@lxp.com

Scott Furnary
Senior Vice President
sfurnary@lxp.com

Chase Ladman
Acquisitions Associate
cladman@lxp.com

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an Independent Trustee since July 2022. He is a Senior Vice President of Operations at Agiliti, a medical equipment management and services company. Prior to joining Agiliti, Mr. Johnson spent 20 years with United Parcel Service (UPS) in a variety of strategic and operational roles, including as President of the Southeast. Mr. Johnson is a member of the Georgia Commission on Freight and Logistics. He brings extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 corporations.