# LXP Industrial Trust (LXP-PC) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_c254a3e0473d337545c0 · retrieved 2026-08-11T16:16:03.540Z

## Overview
LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments in 12 target markets across the Sunbelt and lower Midwest.

On July 19, 2026, LXP Industrial Trust entered into an Agreement and Plan of Merger with affiliates of Brookfield Asset Management and Canada Pension Plan Investment Board (collectively, the "Buyer"). Under the merger agreement, the Buyer will acquire all outstanding shares of LXP for $61.20 per share in an all-cash transaction valued at approximately $5.2 billion, including net debt and preferred equity. The transaction was unanimously approved by the LXP Board of Trustees and is expected to close by the end of the fourth quarter of 2026, subject to shareholder approval and satisfaction of customary closing conditions. The purchase price represents a 12.3% premium to LXP's 30-day volume weighted average price and a 19.8% premium to LXP's 90-day VWAP, each for the period ended July 17, 2026.

## Terms
- Counterparty: Brookfield Asset Management and Canada Pension Plan Investment Board · Deal value: $5.20B · Consideration: cash · Premium: 12.3% · Price/share: $61.2

## Key dates
- Announced 2026-07-29 · Expected close 2026-12-31

## Timeline
- 2026-07-29 · 8-K (0000910108-26-000047): 8-K - LXP Industrial Trust — *LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments in 12 target markets across the Sunbelt and lower Midwest.* On July 19, 2026, LXP Industrial Trust entered into an Agreement and Plan of Merger with affiliates of Brookfield Asset Management and Canada Pension Plan Investment Board (collectively, the "Buyer"). Under the merger agreement, the Buyer will acquire all outstanding shares of LXP for $61.20 per share in an all-cash transaction valued at approximately $5.2 billion, including net debt and preferred equity. The transaction was unanimously approved by the LXP Board of Trustees and is expected to close by the end of the fourth quarter of 2026, subject to shareholder approval and satisfaction of customary closing conditions. The purchase price represents a 12.3% premium to LXP's 30-day volume weighted average price and a 19.8% premium to LXP's 90-day VWAP, each for the period ended July 17, 2026.
  https://www.sec.gov/Archives/edgar/data/910108/0000910108-26-000047.txt

## Citations
- 0000910108-26-000047 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000091010826000047