NYSE:LXPIndustrial REITs
Could LXP Industrial Trust’s High Leasing Rate Signal a Durable Competitive Edge in the Sunbelt? (LXP)
Wolfe Research recently initiated coverage of LXP Industrial Trust with a positive outlook, citing the REIT's strong presence in the Sunbelt and Midwest regions, which are less affected by port-related volatility.
The analyst highlighted the company's exceptionally high leasing rate of around 99.8% and noted potential for increased occupancy from upcoming lease-ups, setting LXP apart from peers.
We'll explore how Wolfe Research's emphasis on LXP's resilient market fundamentals could...