Lexington Realty Trust Sells $50 Million in Assets

Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments, today announced that it has sold one office and two industrial assets for aggregate gross proceeds of approximately $49.6 million at a weighted-average capitalization rate of 7.6%. Approximately $21.1 million of mortgage debt was satisfied in connection with these sales.

Property	Location	Gross Proceeds ($MM)			Square Footage	Sector	Primary Tenant	Remaining Lease Term  (approx. yrs.)
147 Milk Street	Boston, MA	$	33.3		52,337	Office	Atrius Health, Inc.	6.5
7500 Chavenelle Road	Dubuque, IA	$	8.6		330,988	Industrial	The McGraw-Hill Companies, Inc.	1.0
477 Distribution Parkway	Collierville, TN	$	7.7		126,213	Industrial	Federal Express Corporation/FedEx Techconnect, Inc.	5.0

“We continue to make good headway on our disposition program with the most recent sales bringing our total wholly-owned disposition volume to approximately $166 million at an average cap rate of 6.4%. These dispositions remain consistent with our capital recycling objectives of reducing our exposure to short term-leases and exiting office markets where we do not have a significant presence,” said T. Wilson Eglin, Chief Executive Officer and President of Lexington.

ABOUT LEXINGTON REALTY TRUST

Lexington Realty Trust (NYSE:LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity and debt investments in single-tenant net-leased commercial properties and land across the United States. Lexington seeks to expand its portfolio through build-to-suit transactions, sale-leaseback transactions and acquisitions.  Additional information about Lexington can be found by visiting www.lxp.com.

Contact:
Investor or Media Inquiries for Lexington Realty Trust:
Heather Gentry, Senior Vice President of Investor Relations
Lexington Realty Trust
Phone: [phone] E-mail: [e-mail]