Riptech

LXP Industrial Trust Appoints Arun Gupta to Board of Trustees

Retrieved on: 
Friday, April 1, 2022

NEW YORK, April 01, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (LXP or the Company), a real estate investment trust (REIT) focused on single-tenant warehouse/distribution real estate investments, today announced the appointment of Arun Gupta to its Board of Trustees (the Board), effective immediately.

Key Points: 
  • NEW YORK, April 01, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (LXP or the Company), a real estate investment trust (REIT) focused on single-tenant warehouse/distribution real estate investments, today announced the appointment of Arun Gupta to its Board of Trustees (the Board), effective immediately.
  • With Mr. Guptas appointment, the LXP Board has added six new independent trustees since 2015.
  • As previously announced on Feb. 8, 2022, the LXP Board of Trustees commenced a process to explore the Companys strategic alternatives.
  • LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant warehouse and distribution investments across the United States.