{"id":1013720,"date":"2026-10-26T16:46:49","date_gmt":"2026-10-26T20:46:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/"},"modified":"2026-10-26T16:46:49","modified_gmt":"2026-10-26T20:46:49","slug":"lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/","title":{"rendered":"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">WEST PALM BEACH, Fla., Oct.  26, 2026  (GLOBE NEWSWIRE) &#8212; LXP Industrial Trust (NYSE: LXP) (\u201cLXP\u201d or \u201cthe Company\u201d) today announced that its shareholders approved the acquisition of LXP by Brookfield Asset Management (NYSE: BAM, TSX: BAM) and Canada Pension Plan Investment Board at the Special Meeting of Shareholders held earlier today.<\/p>\n<p align=\"justify\">According to the results of the Special Meeting\u00a0of Shareholders, more than 99% of votes cast at the meeting \u2013 which represented approximately 82% of the outstanding LXP common shares as of the record date \u2013 were voted in favor of approving the merger. The final voting results of the Special Meeting\u00a0of Shareholders will be filed as part of LXP\u2019s Form\u00a010-Q for the quarter ended September 30, 2026\u00a0with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) after certification by LXP\u2019s inspector of election.<\/p>\n<p align=\"justify\">Under the terms of the merger agreement announced on July 20, 2026, common shareholders of the Company will receive $61.20 in cash for each LXP common share owned. The transaction is expected to be completed on November 2, 2026, subject to the satisfaction or waiver of the conditions to the closing of the transaction in the merger agreement. Upon closing of the transaction, LXP\u2019s shares will no longer be listed on the New York Stock Exchange or any other public market.<\/p>\n<p align=\"justify\">\n        <strong>About LXP Industrial Trust<\/strong><br \/>\n        <br \/>LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest. LXP seeks to expand its warehouse and distribution portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions. For more information, please visit LXP\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cF9ObnQUZDqpp1qq7KDT3Jwo6iL5xLXcQ75jg7OSt_7JzDTvaPwazNSfSS03fDIGINHG0HzpPYDY7N86SMR-5QpZ20BfqSqPhva7N85BdoyUoZ5O8cQMUkSP9WPs8ozdcPCBFnQUrWseOA7wnLpqvWvhGR4QuvcQCjEIaEjxtW5GYlEvzHashjRSyr5M0R2Lx2jp3B0BNaSQVU3LzF2r8Y4icAMxvSOBz5R714uyMSsqPppCEIbDrfqamxpL5s42p87vvxOlJ7QnjVH7uLNN4AVPO_xzrL6LSoAiziKLl_dz1e3pZnEIpB8nYOTD4c1yh1GmD9A9EuQE5dgkcqeIwAUFSRLfdfyGVo-hzVAvTH6uJ_MdVd6bL6VQEs6net9Ol6qvf280RwM0vnHryezkGe3npxpw7TCrldvU2nPl5Jo=\" rel=\"nofollow\" target=\"_blank\">www.lxp.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>Certain statements contained herein, other than historical fact, regarding the proposed transaction, including any statements regarding the expected timetable for completing the proposed transaction and benefits of the proposed transaction, and any other statements regarding the Company\u2019s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical, may be considered \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provided by the same. These statements are based on management\u2019s current expectations and beliefs and are subject to a number of trends and uncertainties. No forward-looking statement is intended to, nor shall it, serve as a guarantee of future performance. You can identify the forward-looking statements by the use of words such as \u201cmay,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201cseek,\u201d \u201cendeavor,\u201d and other similar terms and phrases. Forward-looking statements are subject to various risks and uncertainties and factors that could cause actual results to differ materially from the Company\u2019s expectations, and you should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company\u2019s control and could materially affect the Company\u2019s results of operations, financial condition, cash flows, performance or future achievements or events. Some of the factors that may affect outcomes and results include, but are not limited to: (i) risks associated with the Company\u2019s ability to consummate the proposed transaction and the timing of the closing of the proposed transaction, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all or that the closing of the proposed transaction would not occur, (ii) the outcome of any legal proceedings that may be instituted against the parties and others related to the merger agreement and the costs related to such proceedings, and (iii) the risk that shareholder litigation or other proceedings in connection with the proposed transaction may affect the timing or occurrence of the proposed transaction or result in significant costs of defense, indemnification and liability, and (iv) the risk that the Company\u2019s stock price may decline significantly if the proposed transaction is not consummated. Additional factors include those described under the section entitled Item 1A. \u201cRisk Factors\u201d of the Company\u2019s 2025 Annual Report on Form 10-K, as filed with the SEC on February 25, 2026, and the Company\u2019s most recent Form 10-Q, as filed with the SEC on July 29, 2026, copies of which are available at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YU0MmyrWVhM0w0dKT9mnCOOx6j_GHHyMZBgXH7iBxQWfcqtDJFcTTOd-xrXDS1gCMz8XLCYQceHmBsNkewI2ZUt0OViXWqeg_XTElkg_KdOMSWrS3ToIAjc7JFl5ZsLtxGNYvMCoXzHa5GQK28k2nXN21TjyfjFP2_BjK_z5y-xyVaVhirhpo_UhZ7fCHh10ijMHtqoyQolTlB049uU-rd4JR1G4NtdErDSmY7C6_N3Q4pchdA2ckuzNXhhvu3j6VDzKToM2WOTLMtBVaUJCKGqt1WndpbwZLLxsLD7F7XyubglJDSQkkUDOUTCli-eS\" rel=\"nofollow\" target=\"_blank\">www.sec.gov<\/a>. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.<\/p>\n<p align=\"justify\">Contact:<br \/>Investor or Media Inquiries for LXP Industrial Trust:<br \/>Heather Gentry, Executive Vice President of Investor Relations<br \/>LXP Industrial Trust<br \/>Phone: (212) 692-7200 E-mail: hgentry@lxp.com <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg1MzI0OCM3OTE2NTMzIzIwMTkwNjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/N2RhYTMzMDAtYjQzYi00ODY3LWFlM2ItNTI0NDZjYmE4OGM2LTEwMzA2MzktMjAyNi0xMC0yNi1lbg==\/tiny\/LXP-Industrial-Trust.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, Fla., Oct. 26, 2026 (GLOBE NEWSWIRE) &#8212; LXP Industrial Trust (NYSE: LXP) (\u201cLXP\u201d or \u201cthe Company\u201d) today announced that its shareholders approved the acquisition of LXP by Brookfield Asset Management (NYSE: BAM, TSX: BAM) and Canada Pension Plan Investment Board at the Special Meeting of Shareholders held earlier today. According to the results of the Special Meeting\u00a0of Shareholders, more than 99% of votes cast at the meeting \u2013 which represented approximately 82% of the outstanding LXP common shares as of the record date \u2013 were voted in favor of approving the merger. The final voting results of the Special Meeting\u00a0of Shareholders will be filed as part of LXP\u2019s Form\u00a010-Q for the quarter ended September 30, 2026\u00a0with the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1013720","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WEST PALM BEACH, Fla., Oct. 26, 2026 (GLOBE NEWSWIRE) &#8212; LXP Industrial Trust (NYSE: LXP) (\u201cLXP\u201d or \u201cthe Company\u201d) today announced that its shareholders approved the acquisition of LXP by Brookfield Asset Management (NYSE: BAM, TSX: BAM) and Canada Pension Plan Investment Board at the Special Meeting of Shareholders held earlier today. According to the results of the Special Meeting\u00a0of Shareholders, more than 99% of votes cast at the meeting \u2013 which represented approximately 82% of the outstanding LXP common shares as of the record date \u2013 were voted in favor of approving the merger. The final voting results of the Special Meeting\u00a0of Shareholders will be filed as part of LXP\u2019s Form\u00a010-Q for the quarter ended September 30, 2026\u00a0with the &hellip; Continue reading &quot;LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-26T20:46:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg1MzI0OCM3OTE2NTMzIzIwMTkwNjc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments\",\"datePublished\":\"2026-10-26T20:46:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\\\/\"},\"wordCount\":786,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTg1MzI0OCM3OTE2NTMzIzIwMTkwNjc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\\\/\",\"name\":\"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments - 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According to the results of the Special Meeting\u00a0of Shareholders, more than 99% of votes cast at the meeting \u2013 which represented approximately 82% of the outstanding LXP common shares as of the record date \u2013 were voted in favor of approving the merger. The final voting results of the Special Meeting\u00a0of Shareholders will be filed as part of LXP\u2019s Form\u00a010-Q for the quarter ended September 30, 2026\u00a0with the &hellip; Continue reading \"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/","og_site_name":"Market Newsdesk","article_published_time":"2026-10-26T20:46:49+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg1MzI0OCM3OTE2NTMzIzIwMTkwNjc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments","datePublished":"2026-10-26T20:46:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/"},"wordCount":786,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg1MzI0OCM3OTE2NTMzIzIwMTkwNjc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lxp-industrial-trust-shareholders-approve-acquisition-by-brookfield-and-cpp-investments\/","name":"LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments - 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