LEXINGTON REALTY TRUST (NYSE:LXP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 31, 2019, E. Robert Roskind resigned his position as a Trustee and as non-executive Chairman of the Board of Trustees of Lexington Realty Trust, or the Trust. On April 2, 2019, the Board of Trustees appointed T. Wilson Eglin as Chairman of the Board of Trustees. Mr. Eglin will continue as Chief Executive Officer and President of the Trust. Richard Frary will continue in his role as independent Lead Trustee.
About LEXINGTON REALTY TRUST (NYSE:LXP)
Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased. The properties in which the Company has an interest are leased to tenants in various industries, including service, automotive, technology, transportation and logistics, and finance and insurance.
