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LXP Industrial Trust LXP Richmond, Virginia — Investments in real estate under construction
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Where this comes from
Reported directly by LXP Industrial Trust in its filing.
Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.
The source filing: LXP Industrial Trust’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 11:07 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000910108-26-000045
| Project (% owned) | # of Buildings | Market | Estimated Sq. Ft. | Estimated Project Cost | GAAP Investment Balance as of 06/30/26(1) | LXP Amount Funded as of 06/30/26(2) | Estimated Base Building Completion Date | % Leased as of 06/30/26 |
|---|---|---|---|---|---|---|---|---|
| Reems & Olive - Building D (95.5%) | 1 | Phoenix, AZ | 1,184,591 | $121,900 | $54,754 | $35,800 | 4Q 2026 | 100.0% |
| Redevelopment Projects | ||||||||
| Orlando (100.0%)(3) | 1 | Central FL | 350,990 | $9,400 | $17,771 | $3,559 | 4Q 2026 | — |
| Richmond (100.0%)(3) | 1 | Richmond, VA | 252,351 | 5,000 | 16,227 | 4,122 | 3Q 2026 | — |
| Total Redevelopment Projects | 2 | 603,341 | $14,400 | $33,998 | $7,681 | |||
| Land Infrastructure Improvements | ||||||||
| Reems & Olive (95.5%)(4) | N/A | Phoenix, AZ | N/A | $16,537 | $13,670 | $15,980 | N/A | N/A |
| Total | 3 | 1,787,932 | $152,837 | $102,422 | $59,461 |
Item 1. Financial Statement
FAQ
- What is LXP Industrial Trust's richmond, virginia — investments in real estate under construction?
- LXP Industrial Trust (LXP) reported richmond, virginia — investments in real estate under construction of $16.23M in Q2 2026.
- How has LXP Industrial Trust's richmond, virginia — investments in real estate under construction changed year-over-year?
- LXP Industrial Trust's richmond, virginia — investments in real estate under construction increased by 44.3% year-over-year, from $11.24M to $16.23M.
- What does richmond, virginia — investments in real estate under construction mean?
- This metric quantifies the total book value of capital invested in real estate development projects that are currently in the construction phase within the Richmond, Virginia market. It represents the portion of the company's capital currently tied up in non-income-producing assets that are expected to generate future returns. Tracking this helps assess the company's exposure to development risk and the timing of future cash flow generation.
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