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CEO Marshall Loeb says new supply is at multi-year lows due to zoning and permitting challenges.

LXP CEO Will Eglin says the REIT is also well positioned for manufacturing reshoring activity.

REITs ended 2025 on a muted note, as the FTSE Nareit All Equity REITs Index fell 2.1% in December, finishing the year with a total return of 2.3%. The FTSE Nareit Mortgage REITs Index rose 16.0% for the year, led by the home financing sector with a total return of 26.4%.

Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements and developments within the REIT and publicly listed real estate market.