LXP Industrial Trust agrees to $61.20/share all-cash acquisition by Brookfield and CPP

Filed July 20, 2026 · Period ending July 19, 2026 · ~1 min read

Key Changes

• high

  LXP enters definitive merger agreement with Brookfield and CPP Investments for $61.20/share cash, a 12.3% premium to 30-day VWAP, in a transaction valued at ~$5.2B including net debt and preferred equity.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  40-day go-shop period through August 28, 2026 allows LXP to solicit competing offers; reduced $54.1M termination fee applies if LXP accepts superior proposal from go-shop party, otherwise $108.2M.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Buyer has committed equity and debt financing expected to cover full transaction; merger closing is not conditioned on obtaining debt financing, reducing execution risk.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →