Johnson Fistel Investigates Proposed Acquisition of LXP Industrial Trust – Shareholders Encouraged to Contact the Firm
LXP shareholders will get $61.20 a share as the industrial landlord is taken private in an all-cash deal, a 4.6% premium to Friday’s close.
- On Monday, July 20, 2026, Brookfield Asset Management and CPP Investments announced an agreement to take LXP Industrial Trust private in a US$5.2-billion all-cash deal.
- With 108 warehouse and logistics facilities across the Sunbelt and Midwest, LXP represents a strategic target as demand for modern supply chain infrastructure grows amid e-commerce expansion.
- Under the agreement, LXP shareholders will receive US$61.20 per share, representing a premium of about 4.6 per cent over Friday's closing price on the New York Stock Exchange.
- Sophie van Oosterom, head of real estate at CPP Investments, said the industrial sector continues to offer attractive long-term investment opportunities in the U.S. market.
- Expected to close in the fourth quarter of this year, the transaction follows Brookfield's agreement earlier this year to acquire Peakstone Realty Trust for roughly US$1.2 billion.
21 Articles
21 Articles
Brookfield Asset Management and Canada Pension Plan Investment Board closed the purchase of the LXP Industrial Trust in a cash transaction valued at approximately $5.2 billion, incorporating a portfolio of modern warehouses and logistics facilities into their assets. Exclusive to subscribers. To have full access, access the link of the material and register.
Shareholder Alert: Ademi LLP investigates whether LXP Industrial Trust is obtaining a Fair Price for Public Shareholders
MILWAUKEE, July 20, 2026 /PRNewswire/ -- Ademi LLP is investigating LXP (NYSE: LXP) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Brookfield and CPP Investments.
LXP Industrial Trust agrees to $5.2 billion deal by Brookfield, CPP Investments
LXP Industrial Trust will be taken private by Brookfield Asset Management and Canada Pension Plan Investment Board in a $5.2 billion all-cash deal, the industrial real estate investment trust said on Monday.
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