What does richmond, virginia — project (% owned) mean?

This metric represents the percentage of equity ownership interest held by the company in a specific real estate development project located in the Richmond, Virginia market. It indicates the extent of the company's financial stake and control relative to joint venture partners or other stakeholders. This figure is essential for assessing the company's proportional share of future rental income and capital appreciation from the asset.

LXP Industrial Trust (LXP) Richmond, Virginia — Project (% owned)

Screener

Other geography segments

Phoenix, Arizona

95.5%0.0%

Central Florida

25%—

Similar metrics at other companies

NXRTNorth Las Vegas Nevada — Variable Interest Entity Ownership Percentage

25%—

DTIVariable interest entity, ownership percentage

$0.49—

NREFRichmond Virginia — Purchase Of Common Equity Amount Unfunded

$800K-38.5%

PSARichmond — Encumbrances

$0—

PSARichmond — Accumulated Depreciation

$33.81M+10.0%

PSARichmond — Initial Cost, Land

$21.12M0.0%

Other financials

Income statement

See full

Revenue$88.1M+0.4%

Gross profit$71.9M+0.1%

Net income$55.0K-99.8%

EPS (diluted)-$0.03-133%

Balance sheet

See full

Cash & equivalents$18.2M-74.5%

Total debt$1.4B-9.0%

Total equity$1.9B-5.6%

Total assets$3.5B-6.8%

Cash flow

See full

Operating cash flow$48.7M+10.0%

Valuation

See full

Market cap$3.57B+49.8%

Enterprise value$4.92B+28.9%

P/E55×+27.8×

P/S10.3×+3.7×

Profitability

See full

Gross margin81.5%-1.2pp

Net margin18.7%-5.4pp

FCF margin52.9%—

Returns & leverage

See full

Return on equity3.2%-0.9pp

Debt / equity0.7×0.0×

Where this comes from

Reported directly by LXP Industrial Trust in its filing.

Tagged under the XBRL concept us-gaap:VariableInterestEntityOwnershipPercentage.

The source filing: LXP Industrial Trust’s 10-Q, filed April 29, 2026.

Filed: Apr 29, 2026, 11:32 AM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0000910108-26-000030

Project (% owned)	# of Buildings	Market	Estimated Sq. Ft.	Estimated Project Cost	GAAP Investment Balance as of 3/31/2026(1)	LXP Amount Funded as of 3/31/2026(2)	Estimated Base Building Completion Date	% Leased as of 3/31/2026
Reems & Olive - Building D (95.5%)	1	Phoenix, AZ	1,185,000	$121,900	$23,953	$20,230	1Q 2027	—
Redevelopment Projects
Orlando (100.0%)(3)	1	Central FL	350,990	$9,400	$17,350	$3,242	4Q 2026	—
Richmond (100.0%)(3)	1	Richmond, VA	252,351	3,900	14,594	3,071	2Q 2026	—
Total Redevelopment Projects	2		603,341	$13,300	$31,944	$6,313
Land Infrastructure Improvements
Reems & Olive (95.5%)(4)	N/A	Phoenix, AZ	N/A	16,200	12,952	15,547	N/A	N/A
Total	3		1,788,341	$151,400	$68,849	$42,090

Item 1. Financial Statement

FAQ

What is LXP Industrial Trust's richmond, virginia — project (% owned)?: LXP Industrial Trust (LXP) reported richmond, virginia — project (% owned) of 100% in Q1 2026.
What does richmond, virginia — project (% owned) mean?: This metric represents the percentage of equity ownership interest held by the company in a specific real estate development project located in the Richmond, Virginia market. It indicates the extent of the company's financial stake and control relative to joint venture partners or other stakeholders. This figure is essential for assessing the company's proportional share of future rental income and capital appreciation from the asset.