Environmental

LXP focuses on single-tenant, industrial real estate investments.  The majority of its property leases are net leases in which the tenant is responsible for 100% of the operating expenses.  Historically, Lexington’s tenants have been the driver of sustainability efforts at the property level with LXP providing tenant improvement allowances or base building upgrades. we continue to explore ways to work hand in hand with our current tenants to collaborate on green initiatives.

Energy Efficiency & Renewables

Many of LXP’s industrial properties have energy efficient features, such as energy management systems, LED lighting and solar arrays. 

LXP Industrial Facility - Memphis, Tennessee Industrial Market

Benchmarking

LXP expects to increase engagement with third parties and determine an appropriate framework to submit benchmarking data. 

Recent Recognition

In August 2019, LXP received a Clean Air Award for 2019 from the National Air Filtration Association for its Richmond, VA joint venture asset.