Will Eglin, president and CEO of Lexington Realty Trust (NYSE: LXP), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Lexington primarily makes equity and debt investments in single-tenant, net lease commercial properties across the United States. The company recently sold four land parcels with 96-year ground leases in New York. Given the long-term nature of the leases, “that was the most bond-like holding in our portfolio,” Eglin said.
