LXP Industrial Trust (LXP) 8-K Quarterly Earnings and Supplemental Operating and Financial Data

Exhibit 99.1

Quarterly Earnings and
Supplemental Operating and Financial Data

For the Three and Six Months Ended June 30, 2008

LEXINGTON REALTY TRUST
SUPPLEMENTAL REPORTING PACKAGE
For the Three and Six Months Ended June 30, 2008

Table of Contents

Section	Page
Second Quarter 2008 Earnings Press Release		3
Portfolio Data
Major Markets		10
Tenant Industry Diversification		11
Other Revenue Data		12
Top 10 Tenants or Guarantors		13
Property Leases and Vacancies – Consolidated Portfolio		14
Property Leases and Vacancies – Net Lease Strategic Asset Fund		23
2Q ’08 Disposition Summary		25
2Q ’08 Dispositions to Net Lease Strategic Asset Fund		26
2Q ’08 Leasing Summary		27
Lease Rollover Schedule – Cash Basis		29
Lease Rollover Schedule – GAAP Basis		30
Financial Data
Joint Venture Investments – Proportionate Share		31
Selected Balance Sheet Account Detail		32
Mortgages and Notes Payable		33
Base Rent Estimates from Current Assets		41
Investor Information		42

This Quarterly Earnings and Supplemental Operating and Financial Data contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the control of Lexington Realty Trust (“Lexington”) which may cause actual results, performance or achievements of Lexington to be materially different from the results, performance, or other expectations implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in Lexington’s periodic reports filed with the Securities and Exchange Commission (the “SEC”) filed with the SEC, including risks related to, (i) the failure to continue to qualify as a real estate investment trust, (ii) changes in general business and economic conditions, (iii) competition, (iv) increases in real estate construction costs, (v) changes in interest rates, or (vi) changes in accessibility of debt and equity capital markets. Copies of periodic reports Lexington files with the SEC are available on Lexington’s website at www.lxp.com and may be obtained free of charge by calling Lexington at 212-692-7200. Forward-looking statements, which are based on certain assumptions and describe the Lexington’s future plans, strategies and expectations, are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “estimates,” “projects” or similar expressions. Lexington undertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the occurrence of unanticipated events. Accordingly, there is no assurance that Lexington’s expectations will be realized.

Lexington Realty Trust

TRADED: NYSE: LXP

One Penn Plaza, Suite 4015

New York NY 10119-4015

Contact:
Investor or Media Inquiries, T. Wilson Eglin, CEO
Lexington Realty Trust
Phone: (212) 692-7200 E-mail: tweglin@lxp.com

FOR IMMEDIATE RELEASE
Thursday, August 7th, 2008

LEXINGTON REALTY TRUST REPORTS SECOND QUARTER 2008 RESULTS

New York, NY – August 7, 2008– Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the second quarter ended June 30, 2008.

Second Quarter 2008 Highlights

• Increased total gross revenues by 18.9% to $128.7 million.

• Generated Company Funds From Operations (“Company FFO”) of $77.7 million or $0.73 per diluted share/unit.⁽¹⁾

• Executed 37 new and renewal leases, totaling approximately 1.5 million square feet.

• Sold 5 properties for $46.1 million at a 7.4% cap rate.

• Repurchased $121.0 million face amount of senior securities at a 28.8% discount.

• Received $28.7 million in lease termination payments from two tenants.

⁽¹⁾ See the last page of this press release for a reconciliation of GAAP net income to Company FFO.

T. Wilson Eglin, President and Chief Executive Officer of Lexington stated, “We are pleased with our accomplishments in the second quarter, especially in the leasing area where we executed 37 leases totaling 1.5 million square feet. In addition, we continued to strengthen our balance sheet as we reduced debt by $112.5 million through the repayment of mortgages and repurchase of senior securities at a substantial discount. Sales activity was $46.1 million at an average cap rate of 7.4% — highly satisfactory in an environment where cap rates have increased significantly. Accordingly, the acquisition market has become attractive to buyers, and we look forward to selectively growing our portfolio and leveraging our investment capital through joint ventures.”

FINANCIAL RESULTS

Revenues

For the quarter ended June 30, 2008, total gross revenues increased 18.9% to $128.7 million, compared with total gross revenues of $108.2 million for the quarter ended June 30, 2007. The increase is primarily due to the acquisition of certain assets from our co-investment programs in the second quarter of 2007 and $28.7 million of lease termination payments received, partially offset by $4.1 million in accelerated amortization of above and below market leases, in the second quarter of 2008.

Net Income (Loss) Allocable to Common Shareholders

For the quarter ended June 30, 2008, net loss allocable to common shareholders was ($3.8) million, or a loss of ($0.04) per diluted share, compared with net income allocable to common shareholders for the quarter ended June 30, 2007 of $21.9 million, or income of $0.34 per diluted share.

Page 3 of 42

Company FFO Applicable to Common Shareholders/Unitholders

For the quarter ended June 30, 2008, Company FFO was $77.7 million, or $0.73 per diluted share/unit, compared with Company FFO for the quarter ended June 30, 2007 of $59.9 million, or $0.54 per diluted share/unit. Company FFO for the quarter ended June 30, 2008 was impacted by several unusual items, including the impact of lease terminations and the accelerated amortization of above and below market leases ($34.9 million) as well as debt satisfaction gains ($28.0 million), including Lexington’s proportionate share through joint ventures, offset by impairment charges recorded at certain of Lexington’s joint ventures ($27.3 million). For the quarter ended June 30, 2007, Company FFO was impacted by the recognition of incentive fees and lease termination payments ($13.6 million), severance costs ($4.5 million) and merger costs ($0.8 million).

Balance Sheet

Lexington’s balance sheet continues to provide liquidity to deploy as investment opportunities become available. At June 30, 2008, Lexington had approximately $177.3 million of cash and restricted cash and $2.5 billion in debt outstanding, equating to a debt-to-total capitalization of approximately 58.8%. As of June 30, 2008, the weighted average interest rate on Lexington’s debt was 5.65% with a weighted average maturity of 6.5 years. Approximately 92% of Lexington’s debt is subject to fixed interest rates.

Common Share Dividend/Distribution

On June 13, 2008, Lexington’s Board of Trustees declared a regular quarterly cash dividend/distribution of $0.33 per share/unit, which was paid on July 15, 2008, to common shareholders/unitholders of record as of June 30, 2008, and which equated to an annualized dividend of $1.32 per share.

OPERATING ACTIVITIES

Dispositions

During the quarter ended June 30, 2008, Lexington sold its interest in five properties to third parties for an aggregate sales price of $46.1 million, which generated gains on sale of $3.9 million.

Leasing Activity

At June 30, 2008, Lexington’s consolidated portfolio was approximately 94.1% leased. For the quarter ended June 30, 2008, Lexington executed 37 leases (new and renewal) for approximately 1.5 million square feet. During the quarter, Lexington received an aggregate of $28.7 million in lease termination payments from two tenants.

2008 EARNINGS GUIDANCE

Lexington reaffirmed its previously disclosed Company FFO guidance range of $1.56 to $1.64 per diluted share/unit for the year ended December 31, 2008. This guidance excludes the impact of the 100 Light Street lease termination transaction and other non-recurring items. This guidance is based on current expectations and is forward-looking.

Page 4 of 42

2ND QUARTER 2008 CONFERENCE CALL

Lexington will host a conference call today, Thursday, August 7, 2008, at 11:00 a.m. Eastern Time, to discuss its results for the quarter ended June 30, 2008. Interested parties may participate in this conference call by dialing (877) 407-0778 or (201) 689-8565. A replay of the call will be available through September 7, 2008, at (877) 660-6853, Account #: 286, Conference ID #: 289670.

A live web cast of the conference call will be available at www.lxp.com within the Investor Relations section. An online replay will also be available through August 7, 2009.

ABOUT LEXINGTON REALTY TRUST

Lexington Realty Trust is a real estate investment trust that owns, invests in, and manages office, industrial and retail properties net-leased to major corporations throughout the United States and provides investment advisory and asset management services to investors in the net lease area. Lexington shares are traded on the New York Stock Exchange under the symbol “LXP”. Additional information about Lexington is available on-line at www.lxp.com or by contacting Lexington Realty Trust, One Penn Plaza, Suite 4015, New York, New York 10119-4015, Attention: Investor Relations.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under Lexington’s control which may cause actual results, performance or achievements of Lexington to be materially different from the results, performance, or other expectations implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in Lexington’s most recent annual report onForm 10-K filed with the Securities and Exchange Commission (“ SEC”) on February 29, 2008 and other periodic reports filed with the SEC, including risks related to: (1) the failure to continue to qualify as a real estate investment trust, (2) changes in general business and economic conditions, (3) competition, (4) increases in real estate construction costs, (5) changes in interest rates, or (6) changes in accessibility of debt and equity capital markets. Copies of the periodic reports Lexington files with the SEC are available on Lexington’s website atwww.lxp.com. Forward-looking statements, which are based on certain assumptions and describe the Lexington’s future plans, strategies and expectations, are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “estimates,” “projects”, “is optimistic” or similar expressions. Lexington undertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the occurrence of unanticipated events. Accordingly, there is no assurance that Lexington’s expectations will be realized.

Page 5 of 42

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Three and Six Months ended June 30, 2008 and 2007
(Unaudited and in thousands, except share and per share data)

	Three months ended						Six months ended
	June 30,						June 30,
	2008			2007			2008			2007
Gross Revenues:
Rental	$	118,100		$	90,345		$	215,105		$	164,719
Advisory and incentive fees		365			11,224			676			11,943
Tenant reimbursements		10,209			6,617			20,251			12,057
Total gross revenues		128,674			108,186			236,032			188,719
Expense applicable to revenues:
Depreciation and amortization		(85,173	)		(54,006	)		(141,370	)		(101,968	)
Property operating		(20,045	)		(13,527	)		(39,505	)		(24,693	)
General and administrative		(7,310	)		(12,339	)		(18,377	)		(21,156	)
Non-operating income		18,694			2,383			20,799			4,869
Interest and amortization expense		(39,921	)		(36,668	)		(83,277	)		(66,741	)
Debt satisfaction gains, net		27,005			—			36,711			—
Gains on sale-affiliates		8,637			—			31,806			—
Income (loss) before provision for income taxes, minority interests, equity in earnings (losses) of non-consolidated entities and discontinued operations		30,561			(5,971	)		42,819			(20,970	)
Provision for income taxes		(721	)		(1,667	)		(2,055	)		(2,193	)
Minority interests share of (income) loss		10,967			(16,619	)		2,587			(6,748	)
Equity in earnings (losses) of non-consolidated entities		(27,194	)		38,386			(21,647	)		41,890
Income from continuing operations		13,613			14,129			21,704			11,979
Discontinued operations:
Income from discontinued operations		378			10,622			2,202			18,190
Provision for income taxes		(45	)		(2,646	)		(69	)		(2,663	)
Debt satisfaction charges		(313	)		(89	)		(313	)		(89	)
Gains on sales of properties		3,925			12,828			4,612			12,828
Impairment charge		—			—			(2,694	)		—
Minority interests share of income		(1,833	)		(5,905	)		(1,905	)		(9,091	)
Total discontinued operations		2,112			14,810			1,833			19,175
Net income		15,725			28,939			23,537			31,154
Dividends attributable to preferred shares- Series B		(1,590	)		(1,590	)		(3,180	)		(3,180	)
Dividends attributable to preferred shares- Series C		(2,111	)		(2,519	)		(4,630	)		(5,038	)
Dividends attributable to preferred shares- Series D		(2,925	)		(2,925	)		(5,851	)		(4,447	)
Redemption discount – Series C		5,678			—			5,678			—
Net income allocable to common shareholders	$	14,777		$	21,905		$	15,554		$	18,489
Income per common share-basic:
Income (loss) from continuing operations, after preferred dividends	$	0.21		$	0.11		$	0.23		$	(0.01	)
Income from discontinued operations		0.04			0.23			0.03			0.29
Net income allocable to common shareholders	$	0.25		$	0.34		$	0.26		$	0.28
Weighted average common shares outstanding — basic		60,163,396			65,265,217			59,994,988			66,892,769
Income (loss) per common share-diluted:
Income (loss) from continuing operations, after preferred dividends	$	(0.08	)	$	0.11		$	0.02		$	(0.01	)
Income from discontinued operations		0.04			0.23			0.03			0.29
Net income (loss) allocable to common shareholders	$	(0.04	)	$	0.34		$	0.05		$	0.28
Weighted average common shares outstanding-diluted		100,554,903			65,265,828			100,567,119			66,892,769

Page 6 of 42

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES
CONDENSED BALANCE SHEETS
June 30, 2008 and December 31, 2007
( Unaudited and in thousands, except share and per share data)

	June 30,			December 31,
	2008			2007
Assets:
Real estate, at cost	$	3,805,177		$	4,095,278
Less: accumulated depreciation and amortization		413,878			379,831
		3,391,299			3,715,447
Properties held for sale-discontinued operations		4,558			150,907
Intangible assets, net		396,495			516,698
Cash and cash equivalents		157,849			412,106
Restricted cash		19,468			4,185
Investment in and advances to non-consolidated entities		227,466			226,476
Deferred expenses, net		37,448			42,040
Notes receivable		68,754			69,775
Rent receivable-current		21,347			25,289
Rent receivable- deferred		16,818			15,303
Other assets		69,349			86,937
	$	4,410,851		$	5,265,163
Liabilities and Shareholders’ Equity:
Liabilities:
Mortgage and notes payable	$	2,075,404		$	2,312,422
Exchangeable notes payable		325,000			450,000
Trust preferred securities		129,120			200,000
Contract rights payable		14,094			13,444
Dividends payable		27,929			158,168
Liabilities-discontinued operations		7,132			119,093
Accounts payable and other liabilities		42,340			49,442
Accrued interest payable		18,011			23,507
Deferred revenue-below market leases, net		170,533			217,389
Prepaid rent		17,857			16,764
		2,827,420			3,560,229
Minority interests		642,774			765,863
		3,470,194			4,326,092
Commitments and contingencies
Shareholders’ equity
Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares,
Series B Cumulative Redeemable Preferred, liquidation preference $79,000, 3,160,000 shares issued and outstanding		76,315			76,315
Series C Cumulative Convertible Preferred, liquidation preference $129,915 and $155,000, respectively, and 2,598,300 and 3,100,000 shares issued and outstanding in 2008 and 2007, respectively		126,217			150,589
Series D Cumulative Redeemable Preferred, liquidation preference $155,000, 6,200,000 shares issued and outstanding		149,774			149,774
Special Voting Preferred Share, par value $0.0001 per share; 1 share authorized, issued and outstanding		—			—
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 64,552,304 and 61,064,334 shares issued and outstanding in 2008 and 2007, respectively		6			6
Additional paid-in-capital		1,080,697			1,033,332
Accumulated distributions in excess of net income		(493,779	)		(468,167	)
Accumulated other comprehensive income (loss)		1,427			(2,778	)
Total shareholders’ equity		940,657			939,071
	$	4,410,851		$	5,265,163

Page 7 of 42

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES
EARNINGS PER SHARE AND COMPANY FUNDS FROM OPERATIONS PER SHARE
(Unaudited and in thousands, except share and per share data)

	Three Months ended						Six Months ended
	June 30,						June 30,
	2008			2007			2008			2007
EARNINGS PER SHARE:
Basic:
Income from continuing operations	$	13,613		$	14,129		$	21,704		$	11,979
Less preferred dividends		(948	)		(7,034	)		(7,983	)		(12,665	)
Income (loss) allocable to common shareholders from continuing operations		12,665			7,095			13,721			(686	)
Total income from discontinued operations		2,112			14,810			1,833			19,175
Net income allocable to common shareholders	$	14,777		$	21,905		$	15,554		$	18,489
Weighted average number of common shares outstanding		60,163,396			65,265,217			59,994,988			66,892,769
Income (loss) per common share-basic:
Income (loss) from continuing operations	$	0.21		$	0.11		$	0.23		$	(0.01	)
Income from continuing operations		0.04			0.23			0.03			0.29
Net income	$	0.25		$	0.34		$	0.26		$	0.28
Diluted:
Income allocable to common shareholders from continuing operations- basic	$	12,665		$	7,095		$	13,721		$	(686	)
Incremental loss attributed to assumed conversion of dilutive securities		(20,450	)		—			(11,775	)		—
Income (loss) allocable to common shareholders from continuing operations		(7,785	)		7,095			1,946			(686	)
Total income from discontinued operations		3,970			14,810			2,957			19,175
Net income (loss) allocable to common shareholders	$	(3,815	)	$	21,905		$	4,903		$	18,489
Weighted average number of common shares used in calculation of basic earnings per share		60,163,396			65,265,217			59,994,988			66,892,769
Add incremental shares representing:
Shares issuable upon exercise of employee share options/non-vested shares		—			611			10,373			—
Shares issuable upon conversion of dilutive securities		40,391,507			—			40,561,758			—
Weighted average number of shares used in calculation of diluted earnings per share		100,554,903			65,265,828			100,567,119			66,892,769
Income (loss) per common share-diluted:
Income (loss) from continuing operations	$	(0.08	)	$	0.11		$	0.02		$	(0.01	)
Income from discontinued operations		0.04			0.23			0.03			0.29
Net income (loss)	$	(0.04	)	$	0.34		$	0.05		$	0.28

Page 8 of 42

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES
EARNINGS PER SHARE AND COMPANY FUNDS FROM OPERATIONS PER SHARE (Continued)
(Unaudited and in thousands, except share and per share data)

	Three Months ended						Six Months ended
	June 30,						June 30,
	2008			2007			2008			2007
COMPANY FUNDS FROM OPERATIONS:(1)
Basic and Diluted:
Net income allocable to common shareholders-basic	$	14,777		$	21,905		$	15,554		$	18,489
Adjustments:
Depreciation and amortization		84,785			58,153			140,741			112,785
Minority interests- OP units		(12,913	)		21,334			(5,379	)		13,915
Amortization of leasing commissions		420			283			1,012			536
Joint venture adjustment-depreciation		6,733			932			7,438			3,046
Preferred dividends- Series C		(3,567	)		2,519			(1,048	)		5,038
Gains on sale of properties		(12,562	)		(12,828	)		(36,418	)		(12,828	)
Taxes and minority interest on sale of property		—			1,749			84			1,749
Gains on sale of joint venture properties		—			(34,164	)		—			(34,164	)
Company FFO	$	77,673		$	59,883		$	121,984		$	108,566
Basic:
Weighted average shares outstanding-basic EPS		60,163,396			65,265,217			59,994,988			66,892,769
Operating partnership units		39,519,599			40,133,160			39,581,887			40,339,893
Preferred Shares- Series C		6,398,965			5,779,330			6,560,348			5,779,330
Weighted average shares outstanding-basic Company FFO		106,081,960			111,177,707			106,137,223			113,011,992
Company FFO per share	$	0.73		$	0.54		$	1.15		$	0.96
Diluted:
Weighted average shares outstanding — diluted EPS		100,554,903			65,265,828			100,567,119			66,892,769
Employee share options/non-vested shares		10,197			—			—			621
Operating partnership units		—			40,133,160			—			40,339,893
Preferred Shares- Series C		5,527,057			5,779,330			5,580,477			5,779,330
Weighted average shares outstanding — diluted Company FFO		106,092,157			111,178,318			106,147,596			113,012,613
Company FFO per share	$	0.73		$	0.54		$	1.15		$	0.96

1     Lexington believes that Funds from Operations (“FFO”) is a widely recognized and appropriate measure of the performance of an equity REIT. Lexington presents FFO because it considers FFO an important supplemental measure of Lexington’s operating performance. Lexington believes FFO is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, many of which present FFO when reporting their results. FFO is intended to exclude generally accepted accounting principles (“GAAP”), historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. As a result, FFO provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, development activities, interest costs and other matters without the inclusion of depreciation and amortization, providing perspective that may not necessarily be apparent from net income.

Lexington computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, Inc. (“NAREIT”). FFO is defined by NAREIT as “net income (or loss) computed in accordance with GAAP, excluding gains (or losses) from sales of property, plus real estate depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures.” FFO does not represent cash generated from operating activities in accordance with GAAP and is not indicative of cash available to fund cash needs. FFO should not be considered as an alternative to net income as an indicator of our operating performance or as an alternative to cash flow as a measure of liquidity.

Lexington includes in its calculation of FFO, which Lexington refers to as the “Company’s funds from operations” or “Company FFO,” Lexington’s operating partnership units and Lexington’s Series C Cumulative Convertible Preferred Shares because these securities are convertible, at the holder’s option, into Lexington’s common shares. Management believes this is appropriate and relevant to securities analysts, investors and other interested parties because Lexington presents Company FFO on a company-wide basis as if all securities that are convertible, at the holder’s option, into Lexington’s common shares, are converted. Since others do not calculate FFO in a similar fashion, Company FFO may not be comparable to similarly titled measures as reported by others.

# # #

Page 9 of 42

LEXINGTON REALTY TRUST
Major Markets
6/30/2008

		% of Annualized
		GAAP Base Rent
	Core Based Statistical Area(2)	at 6/30/2008(1)
1	Dallas-Fort Worth-Arlington, TX		8.8	%
2	Los Angeles-Long Beach-Santa Ana, CA		7.7	%
3	New York-Northern New Jersey-Long Island, NY-NJ-PA		5.8	%
4	Houston-Sugar Land-Baytown, TX		5.8	%
5	Memphis, TN-MS-AR		3.7	%
6	Orlando-Kissimmee, FL		3.4	%
7	Atlanta-Sandy Springs-Marietta, GA		3.4	%
8	Philadelphia-Camden-Wilmington, PA-NJ-DE-MD		3.1	%
9	Detroit-Warren-Livonia, MI		2.4	%
10	Richmond, VA		2.2	%
11	Boston-Cambridge-Quincy, MA-NH		1.9	%
12	Indianapolis-Carmel, IN		1.9	%
13	Charlotte-Gastonia-Concord, NC-SC		1.9	%
14	Chicago-Naperville-Joliet, IL-IN-WI		1.8	%
15	Columbus, OH		1.8	%
16	Salt Lake City, UT		1.7	%
17	Kansas City, MO-KS		1.7	%
18	Seattle-Tacoma-Bellevue, WA		1.6	%
19	Phoenix-Mesa-Scottsdale, AZ		1.5	%
20	Washington-Arlington-Alexandria, DC-VA-MD-WV		1.4	%
21	San Francisco-Oakland-Fremont, CA		1.4	%
22	San Antonio, TX		1.4	%
23	Beaumont-Port Arthur, TX		1.3	%
24	Baltimore-Towson, MD		1.3	%
25	Columbus, IN		1.3	%
26	Miami-Fort Lauderdale-Pompano Beach, FL		1.2	%
27	Cincinnati-Middletown, OH-KY-IN		1.2	%
28	Las Vegas-Paradise, NV		1.1	%
29	Hartford-West Hartford-East Hartford, CT		1.1	%
30	Honolulu, HI		1.0	%
31	Harrisburg-Carlisle, PA		1.0	%
32	Denver-Aurora, CO		1.0	%
	Areas which account for 1% or greater of total GAAP base rent(3)		77.9	%

Footnotes

(1)	Calculated by annualizing six months ended 6/30/2008 GAAP base rent recognized for consolidated properties owned as of 6/30/2008.
(2)	A Core Based Statistical Area is the official term for a functional region based around an urban center of at least 10,000 people, based on standards published by the Office of Management and Budget (OMB) in 2000. These standards are used to replace the definitions of metropolitan areas that were defined in 1990.
(3)	Total shown may differ from detailed amounts due to rounding.

Page 10 of 42

LEXINGTON REALTY TRUST
Tenant Industry Diversification
6/30/2008

	% of Annualized
	GAAP Base Rent at
Industry Category	6/30/2008(1)
Finance/Insurance		15.7	%
Energy		10.2	%
Automotive		9.1	%
Technology		8.9	%
Food		7.4	%
Aerospace/Defense		6.4	%
Consumer Products/Other		5.8	%
Media/Advertising		5.3	%
Transportation/Logistics		5.1	%
Healthcare		4.8	%
Service		3.8	%
Retail Department & Discount		2.6	%
Construction Materials		2.5	%
Printing/Production		2.2	%
Telecommunications		2.0	%
Other		1.7	%
Apparel		1.5	%
Real Estate		1.4	%
Retail — Specialty		1.3	%
Security		1.0	%
Retail — Electronics		1.0	%
Health/Fitness		0.1	%
Total(2)		100.0	%

Footnotes

(1)	Calculated by annualizing six months ended 6/30/2008 GAAP base rent recognized for consolidated properties owned as of 6/30/2008.
(2)	Total shown may differ from detailed amounts due to rounding.

Page 11 of 42

LEXINGTON REALTY TRUST
Other Revenue Data
6/30/2008

	Annualized GAAP
	Base Rent at 6/30/08
	($000)(1)		Percentage
Asset Class
Office	$	264,186		73.0	%
Industrial	$	73,336		20.3	%
Retail	$	24,382		6.7	%
	$	361,904		100.0	%
Credit Rating
Investment Grade	$	189,006		52.3	%
Non-Investment Grade	$	52,606		14.5	%
Unrated	$	120,292		33.2	%
	$	361,904		100.0	%

Footnotes

(1) Calculated by annualizing six months ended 6/30/2008 GAAP base rent recognized for consolidated properties owned as of 6/30/2008.

Page 12 of 42

LEXINGTON REALTY TRUST
Top 10 Tenants or Guarantors
6/30/2008

										Percentage of
								Annualized		Annualized
					Sq. Ft. Leased			GAAP Base		GAAP Base
					as a Percent of			Rent at		Rent at
	Number of				Consolidated			6/30/08		6/30/2008
Tenant or Guarantor	Leases		Sq. Ft. Leased		Portfolio(2)			($000)(1)		(1) (2)
Raytheon Company		2		690,595		1.7	%	$	11,720		3.2	%
Bank of America		11		735,253		1.8	%		10,412		2.9	%
Baker Hughes, Inc.		2		720,221		1.8	%		9,318		2.6	%
Sanofi-aventis U.S., Inc. (Aventis Inc. and Aventis Pharma Holding GmbH)		1		206,593		0.5	%		8,838		2.4	%
Dana Corporation		6		1,902,414		4.6	%		8,300		2.3	%
Federal Express Corporation		3		702,976		1.7	%		8,164		2.3	%
Harcourt, Inc.		2		915,098		2.2	%		7,168		2.0	%
Morgan, Lewis & Bockius, LLC		2		293,170		0.7	%		6,868		1.9	%
Wells Fargo		3		354,732		0.9	%		6,620		1.8	%
CEVA Logistics US, Inc. (TNT Holdings BV)		3		2,503,916		6.1	%		6,570		1.8	%
		35		9,024,968		22.0	%	$	83,978		23.2	%

Footnotes

(1)	Calculated by annualizing six months ended 6/30/2008 GAAP base rent recognized for consolidated properties owned as of 6/30/2008.
(2)	Total shown may differ from detailed amounts due to rounding.

Page 13 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
OFFICE PROPERTIES
2008		9/30/2008	5757 Decatur Blvd.	Indianapolis	IN	—	Damar Services, Inc.	2002		5,756		40		40		10
		12/19/2008	10 John St.	Clinton	CT	—	Unilever Supply Chain, Inc. (Unilever United States, Inc.)	1972		41,188		812		2,204		0
		12/31/2008	1500 Hughes Way	Long Beach	CA	—	Raytheon Company	1981		490,054		16,988		10,040		9,291
2009		3/31/2009	6277 Sea Harbor Dr.	Orlando	FL	—	Harcourt Brace Jovanovich, Inc.	1984		355,840		4,644		3,738		3,735
		4/30/2009	5550 Tech Center Dr.	Colorado Springs	CO	—	Federal Express Corporation	2006		61,690		1,754		746		0
		8/31/2009	1311 Broadfield Blvd.	Houston	TX	—	Newpark Drilling Fluids, Inc. (Newpark Resources, Inc.)	2000		52,731		1,130		1,136		0
			2706 Media Center Dr.	Los Angeles	CA	—	Sony Electronics, Inc.	2000		20,203		278		272		0
		9/15/2009	15375 Memorial Dr.	Houston	TX	—	BP America Production Company	1985		327,325		3,600		4,250		0
		9/30/2009	100 Light St.	Baltimore	MD	(7)	Legg Mason Tower, Inc. (Prior tenant St. Paul Fire and Marine Insurance Company)	1973		371,392		2,840		2,840		0
			295 Chipeta Way	Salt Lake City	UT	—	Northwest Pipeline Corporation	1982		295,000		6,326		6,326		3,463
		10/31/2009	10300 Kincaid Dr.	Fishers	IN	—	Bank One Indiana, N.A.	1999		193,000		3,382		2,774		0
		11/30/2009	5724 West Las Positas Blvd.	Pleasanton	CA	—	NK Leasehold	1984		40,914		826		680		0
		12/31/2009	1701 Market St.	Philadelphia	PA	(6)	Sun National Bank	1957/1997		5,315		212		212		0
			400 Butler Farm Rd.	Hampton	VA	—	Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company)	1999		100,632		1,368		1,302		0
2010		1/14/2010	421 Butler Farm Rd.	Hampton	VA	—	Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company)	2000		56,515		768		720		0
		1/31/2010	4848 129th East Ave.	Tulsa	OK	—	Metris Direct (Metris Companies, Inc.)	2000		101,100		1,306		1,306		0
			389-399 Interpace Hwy.	Parsippany	NJ	—	Sanofi-aventis U.S., Inc. (Aventis Inc. and Aventis Pharma Holding GmbH)	1999		206,593		9,014		8,838		0
		2/10/2010	130 East Shore Dr.	Glen Allen	VA	—	Capital One Services, Inc.	2000		79,675		1,022		1,072		1,070
		2/28/2010	9950 Mayland Dr.	Richmond	VA	—	Circuit City Stores, Inc.	1990		288,000		2,860		2,792		4,079
		3/31/2010	120 East Shore Dr.	Glen Allen	VA	—	Capital One Services, Inc.	2000		77,045		986		1,010		1,042
		7/31/2010	350 Pine St.	Beaumont	TX	—	Honeywell International, Inc.	1981		7,045		108		108		0
		10/31/2010	12209 West Markham St.	Little Rock	AR	—	Entergy Arkansas, Inc.	1980		36,311		238		238		237
			13430 North Black Canyon Fwy.	Phoenix	AZ	—	Bull HN Information Systems, Inc.	1981/1982		64,273		726		702		0
		11/30/2010	6200 Northwest Pkwy.	San Antonio	TX	—	United Healthcare Services, Inc.	2000		142,500		1,640		1,620		1,968
		12/31/2010	100 Barnes Rd.	Wallingford	CT	—	3M Company	1978/1985/1990/1993		44,400		628		606		475
2011		2/28/2011	4200 RCA Blvd.	Palm Beach Gardens	FL	—	The Wackenhut Corporation	1996		96,118		1,812		1,812		2,402
		3/31/2011	1311 Broadfield Blvd.	Houston	TX	—	Transocean Offshore Deepwater Drilling, Inc. (Transocean Sedco Forex, Inc.)	2000		103,260		2,284		2,276		0
		9/30/2011	200 Lucent Ln.	Cary	NC	—	Lucent Technologies, Inc.	1999		124,944		2,150		2,058		0
		11/30/2011	207 Mockingbird Ln.	Johnson City	TN	—	Sun Trust Bank	1979		63,800		676		756		675
		12/20/2011	15 Nijborg	3927 DA Renswoude	The Netherlands	—	AS Watson (Health and Beauty Continental Europe) BV	1994/2003		17,610		374		374		0
		12/31/2011	2050 Roanoke Rd.	Westlake	TX	—	Daimler Chrysler Financial Services Americas, LLC	2001		130,290		3,660		3,454		0
2012		1/31/2012	26210 and 26220 Enterprise Court	Lake Forest	CA	—	Apria Healthcare, Inc. (Apria Healthcare Group, Inc.)	2001		100,012		1,854		1,792		0
			4000 Johns Creek Pkwy.	Suwanee	GA	—	Kraft Foods North America, Inc.	2001		73,264		1,380		1,386		0
			1275 Northwest 128th St.	Clive	IA	—	Principal Life Insurance Company	2004		61,180		800		800		935
		3/31/2012	1701 Market St.	Philadelphia	PA	(6)	Car-Tel Communications, Inc.	1957/1997		1,220		46		48		0
			2300 Litton Ln.	Hebron	KY	—	Zwicker & Associates, P.C.	1986/1996		49,590		78		80		0
			3940 South Teller St.	Lakewood	CO	—	Travelers Express Company, Inc.	2002		68,165		1,170		866		1,295

Page 14 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
		6/30/2012	275 South Valencia Ave.	Brea	CA	—	Bank of America NT & SA	1983		637,503		8,710		8,796		0
		8/31/2012	2300 Litton Ln.	Hebron	KY	—	AGC Automotive Americas Company (AFG Industries, Inc.)	1986/1996		21,542		204		204		0
			5757 Decatur Blvd.	Indianapolis	IN	—	Allstate Insurance Company	2002		84,200		1,374		1,548		0
		10/31/2012	4455 American Way	Baton Rouge	LA	—	Bell South Mobility, Inc.	1997		70,100		1,080		1,114		1,207
		11/7/2012	2706 Media Center Dr.	Los Angeles	CA	—	Playboy Enterprises, Inc.	2000		63,049		1,446		1,258		0
		11/14/2012	2211 South 47th St.	Phoenix	AZ	—	Avnet, Inc.	1997		176,402		2,206		2,260		0
		12/31/2012	200 Executive Blvd. S	Southington	CT	—	Hartford Fire Insurance Company	1984		153,364		1,680		1,624		0
2013		1/31/2013	12600 Gateway Blvd.	Fort Meyers	FL	—	Gartner, Inc.	1998		62,400		1,078		1,092		0
			2300 Litton Ln.	Hebron	KY	—	FTJ FundChoice, LLC	1986/1996		9,164		50		48		0
			3476 Stateview Blvd.	Fort Mill	SC	—	Wells Fargo Home Mortgage, Inc.	2004		169,083		3,004		3,022		0
			810 & 820 Gears Rd.	Houston	TX	—	IKON Office Solutions, Inc.	2000		157,790		2,228		2,252		0
		3/31/2013	3165 McKelvey Rd.	Bridgeton	MO	—	BJC Health System	1981		52,994		378		526		0
			8900 Freeport Pkwy.	Irving	TX	—	Nissan Motor Acceptance Corporation (Nissan North America, Inc.)	2003		268,445		4,692		4,888		0
		4/30/2013	1900 L. Don Dodson Dr.	Bedford	TX	—	Transamerica Life Insurance Company	1984		59,285		0		782		0
			Sandlake Rd./Kirkman Rd.	Orlando	FL	—	Lockheed Martin Corporation	1982		184,000		960		1,870		960
		5/31/2013	6303 Barfield Rd.	Atlanta	GA	—	International Business Machines Corporation (Internet Security Systems, Inc.)	2000/2001		238,600		5,394		5,394		0
			859 Mount Vernon Hwy.	Atlanta	GA	—	International Business Machines Corporation (Internet Security Systems, Inc.)	2004		50,400		1,166		942		0
		6/30/2013	2210 Enterprise Dr.	Florence	SC	(6)	Washington Mutual Home Loans, Inc.	1998		177,747		1,750		1,698		0
		7/31/2013	180 Rittenhouse Cir.	Bristol	PA	—	Jones Apparel Group, Inc.	1998		96,000		1,002		970		0
		8/31/2013	288 North Broad St.	Elizabeth	NJ	—	Bank of America	1983		30,000		772		480		367
			656 Plainsboro Rd.	Plainsboro	NJ	—	Bank of America (Bank of America Corporation)	1980		4,060		156		104		70
		9/30/2013	9200 South Park Center Loop	Orlando	FL	(6)	Corinthian Colleges, Inc.	2003		59,927		1,208		1,160		0
		11/30/2013	1110 Bayfield Dr.	Colorado Springs	CO	—	Honeywell International, Inc.	1980/1990/2002		166,575		1,636		1,600		1,713
		12/31/2013	2550 Interstate Dr.	Harrisburg	PA	—	New Cingular Wireless PCS, LLC	1998		81,859		1,780		1,870		0
2014		1/31/2014	1701 Market St.	Philadelphia	PA	—	Morgan, Lewis & Bockius, LLC	1957/1997		293,170		4,460		4,464		5,149
			6226 West Sahara Ave.	Las Vegas	NV	—	Nevada Power Company	1982		282,000		7,736		4,008		2,754
		3/15/2014	101 East Erie St.	Chicago	IL	—	Draftfcb, Inc. (Interpublic Group of Companies, Inc.)	1986		230,684		4,120		4,978		0
		5/31/2014	3480 Stateview Blvd.	Fort Mill	SC	—	Wells Fargo Bank N.A.	2004		169,218		3,342		3,450		0
		7/31/2014	16676 Northchase Dr.	Houston	TX	—	Anadarko Petroleum Corporation	2003		101,111		1,588		1,626		0
			350 Pine St.	Beaumont	TX	—	Entergy Gulf States, Inc.	1981		125,406		1,066		1,262		0
		9/30/2014	333 Mt. Hope Ave.	Rockway	NJ	—	BASF Corporation	1981/2004		95,500		2,244		2,122		0
		10/31/2014	1409 Centerpoint Blvd.	Knoxville	TN	—	Alstom Power, Inc.	1997		84,404		1,522		1,620		0
			2800 Waterford Lake Dr.	Midlothian	VA	—	Alstom Power, Inc.	2000		99,057		1,894		2,014		0
			700 US Hwy Route 202-206	Bridgewater	NJ	—	Biovail Pharmaceuticals, Inc. (Biovail Corporation)	1985/2003/2004		115,558		2,022		2,848		0
		12/14/2014	5150 220th Ave.	Issaquah	WA	—	OSI Systems, Inc. (Instrumentarium Corporation)	1992		106,944		2,056		2,150		0
			22011 Southeast 51st St.	Issaquah	WA	—	OSI Systems, Inc. (Instrumentarium Corporation)	1987		95,600		1,872		1,936		0

Page 15 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
		12/31/2014	180 South Clinton St.	Rochester	NY	(6)	Frontier Corporation	1988/2000		226,000		2,958		2,950		0
			275 Technology Dr.	Canonsburg	PA	—	ANSYS, Inc.	1996		107,872		1,240		1,378		0
			3535 Calder Ave.	Beaumont	TX	—	Compass Bank	1977		49,639		692		692		0
2015		1/31/2015	26555 Northwestern Hwy.	Southfield	MI	—	Federal-Mogul Corporation	1963/1965/1988/1989		187,163		1,158		1,418		5,292
		4/30/2015	13775 McLearen Rd.	Herndon	VA	—	Equant, Inc. (Equant N.V.)	1984/1988/1992		125,293		1,980		2,102		0
		6/30/2015	389-399 Interpace Hwy.	Parsippany	NJ	—	Cadbury Schweppes Holdings	1999		133,647		212		212		0
		7/1/2015	33 Commercial St.	Foxboro	MA	—	Invensys Systems, Inc. (Siebe, Inc.)	1982/1987		164,689		3,436		3,436		3,024
		7/31/2015	4001 International Pkwy.	Carrollton	TX	—	Motel 6 Operating L.P. (Accor S.A.)	2003		138,443		2,992		3,266		3,612
		9/27/2015	10001 Richmond Ave.	Houston	TX	—	Baker Hughes, Inc.	1976/1984		554,385		7,428		7,376		6,596
			12645 West Airport Rd.	Sugar Land	TX	—	Baker Hughes, Inc.	1997		165,836		2,018		1,942		1,976
		9/30/2015	500 Olde Worthington Rd.	Westerville	OH	(5)	InVentiv Communications, Inc.	2000		97,000		1,110		1,254		0
			550 Business Center Dr.	Lake Mary	FL	—	JP Morgan Chase Bank, NA	1999		125,920		2,990		2,410		3,103
			600 Business Center Dr.	Lake Mary	FL	—	JP Morgan Chase Bank, NA	1996		125,155		3,092		2,440		3,203
2016		3/31/2016	13430 North Black Canyon Fwy.	Phoenix	AZ	—	Money Management International	1981/1982		28,710		300		624		0
		4/30/2016	11511 Luna Rd.	Farmers Branch	TX	—	Haggar Clothing Company (Texas Holding Clothing Corporation and Haggar Corporation)	2000		180,507		2,132		3,188		2,531
			2000 Eastman Dr.	Milford	OH	—	Siemens Product Lifecycle Management Software, Inc.	1991		221,215		2,342		1,678		2,426
		7/31/2016	1600 Viceroy Dr.	Dallas	TX	—	Visiting Nurse Association	1986		48,027		478		618		0
			13430 North Black Canyon Fwy.	Phoenix	AZ	—	Associated Billing Services, LLC	1981/1982		17,767		300		308		0
		10/31/2016	104 & 110 South Front St.	Memphis	TN	—	Hnedak Bobo Group, Inc.	1871/1988/1999		37,229		484		502		0
		11/30/2016	4000 Johns Creek Pkwy.	Suwanee	GA	—	Perkin Elmer Instruments, LLC	2001		13,955		220		232		0
		12/31/2016	3710 Corporate Dr.	Farmington Hills	MI	—	TEMIC Automotive of North America, Inc.	2001		119,829		3,074		2,442		3,187
2017		1/31/2017	6301 Gaston Ave.	Dallas	TX	—	Wells Fargo	1970/1981		16,431		148		148		0
		2/28/2017	4200 RCA Blvd.	Palm Beach Gardens	FL	—	Office Suites Plus Properties, Inc.	1996		18,400		140		408		0
		4/30/2017	555 Dividend Dr.	Coppell	TX	—	Brinks, Inc.	2002		101,844		1,858		1,984		0
		9/30/2017	9201 East Dry Creek Rd.	Centennial	CO	—	The Shaw Group, Inc.	2001/2002		128,500		2,154		2,368		0
2018		5/30/2018	13651 McLearen Rd.	Herndon	VA	(7)	US Government (Prior tenant Boeing Service Company)	1987		159,664		2,900		2,646		0
		5/31/2018	2300 Litton Ln.	Hebron	KY	—	Great American Insurance Company	1986/1996		3,145		0		2		99
		6/14/2018	17 Nijborg	3927 DA Renswoude	The Netherlands	—	AS Watson (Health and Beauty Continental Europe) BV	1994/2003		114,195		3,336		2,642		0
		9/30/2018	1701 Market St.	Philadelphia	PA	(6)	Brinker Corner Bakery II, LLC	1957/1997		8,070		194		214		0
		11/30/2018	4201 Marsh Ln.	Carrollton	TX	—	Carlson Restaurants Worldwide, Inc. (Carlson Companies, Inc.)	2003		130,000		1,868		1,976		0
		12/22/2018	5200 Metcalf Ave.	Overland Park	KS	—	Employers Reinsurance Corporation	1980/1990/2004/2005		320,198		4,198		4,230		0
2019		1/31/2019	1600 Viceroy Dr.	Dallas	TX	—	TFC Services (Freeman Decorating Co.)	1986		110,080		1,084		1,490		0
		4/1/2019	9201 Stateline Rd.	Kansas City	MO	—	Employers Reinsurance Corporation	1963/1973/1985/2003		155,925		2,032		2,032		0
		6/19/2019	3965 Airways Blvd.	Memphis	TN	—	Federal Express Corporation	1982/1983/1985		521,286		7,354		7,014		5,375
		7/31/2019	500 Jackson St.	Columbus	IN	—	Cummins, Inc.	1983		390,100		4,270		4,540		4,925
		10/31/2019	10475 Crosspoint Blvd.	Fishers	IN	—	John Wiley & Sons, Inc.	1999		141,047		2,396		2,268		0
		12/31/2019	850-950 Warrenville Rd.	Lisle	IL	(5)	National Louis University	1985		99,329		1,276		1,676		0

Page 16 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
2020		2/14/2020	5600 Broken Sound Blvd.	Boca Raton	FL	(6)	Océ Printing Systems USA, Inc. (Oce-USA Holding, Inc.)	1983/2002		136,789		2,162		2,246		0
		7/8/2020	1460 Tobias Gadsen Blvd.	Charleston	SC	(6)	Hagemeyer North America, Inc.	2005		50,076		762		840		0
2021		2/28/2021	5550 Britton Pkwy.	Hilliard	OH	(5)	BMW Financial Services NA, LLC	2006		220,966		2,496		2,546		0
		6/30/2021	1415 Wyckoff Rd.	Wall	NJ	—	New Jersey Natural Gas Company	1983		157,511		2,924		2,924		4,224
		11/30/2021	29 South Jefferson Rd.	Whippany	NJ	—	CAE SimuFlite, Inc.	2006		76,383		2,262		2,328		2,069
2022		12/31/2022	147 Milk St.	Boston	MA	—	Harvard Vanguard Medical Assoc.	1910		52,337		1,558		1,594		0
2023		3/31/2023	6555 Sierra Dr.	Irving	TX	—	TXU Energy Retail Company, LLC (Texas Competitive Electric Holdings Company, LLC)	1999		247,254		1,036		2,814		0
2025		11/30/2025	11707 Miracle Hills Dr.	Omaha	NE	—	(i) Structure, LLC (Infocrossing, Inc.)	1995		85,200		1,166		1,166		0
		12/31/2025	2005 EastTechnology Cir.	Tempe	AZ	—	(i) Structure, LLC (Infocrossing, Inc.)	1998		60,000		1,128		1,128		0
NA	NA		100 Light St.	Baltimore	MD	—	(Available for Lease)	1973		12,648		0		0		0
			160 Clairemont Ave.	Decatur	GA	—	(Available for Lease)	1983		89,050		0		0		0
			1600 Viceroy Dr.	Dallas	TX	—	(Available for Lease)	1986		54,642		0		0		0
			1701 Market St.	Philadelphia	PA	—	Parking Operators	1957/1997		—		2,404		2,404		0
			1900 L. Don Dodson Dr.	Bedford	TX	—	(Available for Lease)	1984		143,208		0		0		0
			255 California St.	San Francisco	CA	—	(Available for Lease)	1959		12,435		0		0		0
			27404 Drake Rd.	Farmington Hills	MI	—	(Available for Lease)	1999		108,499		0		0		0
			350 Pine St.	Beaumont	TX	—	(Available for Lease)	1981		113,640		0		0		0
			6301 Gaston Ave.	Dallas	TX	—	(Available for Lease)	1970/1981		72,224		0		0		0
			848 Main St. & 849 Front St.	Evanston	WY	—	(Available for Lease)	1983		7,608		0		0		0
			13430 North Black Canyon Fwy.	Phoenix	AZ	—	(Available for Lease)	1981/1982		28,190		0		0		0
			100 East Shore Dr.	Glen Allen	VA	—	(Available for Lease)	1999		3,263		0		0		0
			1770 Cartwright Rd.	Irvine	CA	(7)	(Available for Lease)(Prior tenant Associates First Capital Corporation)	1982		113,029		4,792		3,576		0
			King St.	Honolulu	HI	—	(Available for Lease)	1979/2002		6,068		0		0		0
Various	Various		100 Light St.	Baltimore	MD	—	Multi-Tenant	1973		139,200		1,542		1,542		0
			160 Clairemont Ave.	Decatur	GA	—	Multi-Tenant	1983		32,636		584		584		0
			255 California St.	San Francisco	CA	—	Multi-Tenant	1959		157,492		4,058		4,468		0
			350 Pine St.	Beaumont	TX	—	Multi-Tenant	1981		179,107		1,088		2,780		0
			6301 Gaston Ave.	Dallas	TX	—	Multi-Tenant	1970/1981		85,200		1,236		1,236		0
			848 Main St. & 849 Front St.	Evanston	WY	—	Multi-Tenant	1983		21,892		110		164		0
			100 East Shore Dr.	Glen Allen	VA	—	Multi-Tenant	1999		64,245		1,104		1,200		0
			1770 Cartwright Rd.	Irvine	CA	—	Multi-Tenant	1982		23,151		480		480		0
			King St.	Honolulu	HI	—	Multi-Tenant	1979/2002		223,778		2,870		2,806		990
OFFICE TOTAL/WEIGHTED AVERAGE							95.6% Leased			17,291,307		269,262		264,186

Page 17 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
INDUSTRIAL PROPERTIES
2008		7/7/2008	6 Doughten Rd.	New Kingstown	PA	—	Carolina Logistics Services	1989		168,000		756		756		0
		9/30/2008	191 Arrowhead Dr.	Hebron	OH	—	Owens Corning Insulating Systems, LLC	1999		102,960		278		278		0
		12/31/2008	1665 Hughes Way	Long Beach	CA	—	Raytheon Company	1981		200,541		2,984		1,680		1,677
2009		5/31/2009	200 Arrowhead Dr.	Hebron	OH	—	Owens Corning Insulating Systems, LLC	2000		401,260		1,028		984		0
		12/31/2009	75 North St.	Saugerties	NY	—	Rotron, Inc. (EG&G)	1975		52,000		122		232		122
2010		4/30/2010	2203 Sherrill Dr.	Statesville	NC	—	LA-Z-Boy Greensboro, Inc. (LA-Z-Boy Inc.)	1999/2002		639,600		1,648		1,902		1,813
		12/31/2010	1109 Commerce Blvd.	Swedesboro	NJ	—	Linens-n-Things, Inc.	1998		262,644		1,258		1,254		1,300
	��		113 Wells St.	North Berwick	ME	—	United Technologies Corporation	1965/1980		820,868		2,346		2,346		1,811
2011		3/31/2011	2455 Premier Dr.	Orlando	FL	—	Walgreen Company	1980		205,016		508		786		508
		5/31/2011	291 Park Center Dr.	Winchester	VA	(5)	Kraft Foods North America, Inc.	2001		344,700		1,608		1,576		0
		9/25/2011	3820 Micro Dr.	Millington	TN	(6)	Ingram Micro, L.P (Ingram Micro, Inc.)	1997		701,819		2,440		2,370		0
		9/30/2011	1601 Pratt Ave.	Marshall	MI	—	Joseph Campbell Company	1979		53,600		120		118		0
2012		8/4/2012	101 Michelin Dr.	Laurens	SC	—	CEVA Logistics US, Inc. (TNT Holdings BV)	1991/1993		1,164,000		3,102		3,304		2,619
			7111 Crabb Rd.	Temperance	MI	—	CEVA Logistics US, Inc. (TNT Holdings BV)	1978/1993		744,570		2,078		2,212		1,756
		10/31/2012	43955 Plymouth Oaks Blvd.	Plymouth	MI	—	Tower Automotive Operations USA I, LLC (Tower Automotive Holdings I, LLC)	1996/1998		290,133		1,886		1,834		2,083
		12/31/2012	245 Salem Church Rd.	Mechanicsburg	PA	—	Exel Logistics, Inc. (NFC plc)	1985		252,000		870		866		0
2013		10/31/2013	7150 Exchequer Dr.	Baton Rouge	LA	—	Corporate Express Office Products, Inc. (CEX Holding, Inc.)	1998/2005		79,086		460		440		0
		12/13/2013	3333 Coyote Hill Rd.	Palo Alto	CA	—	Xerox Corporation	1973/1975/1982		202,000		3,580		3,390		3,499
2014		1/2/2014	Moody Commuter & Tech Park	Moody	AL	—	CEVA Logistics US, Inc. (TNT Holdings BV)	2004		595,346		1,054		1,054		1,054
		1/31/2014	1133 Poplar Creek Rd.	Henderson	NC	—	Corporate Express Office Products, Inc. (Buhrmann, N.V.)	1998/2006		196,946		820		810		0
							Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson
		12/31/2014	3686 South Central Ave.	Rockford	IL	—	Transportation Company, Inc.)	1992		90,000		332		314		446
2015		10/31/2015	3600 Southgate Dr.	Danville	IL	—	Sygma Network, Inc. (Sysco Corporation)	2000		205,150		1,206		1,206		1,027
							Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson
		12/31/2015	749 Southrock Dr.	Rockford	IL	—	Transportation Company, Inc.)	1998		150,000		450		488		525
2016		2/28/2016	7670 Hacks Cross Rd.	Olive Branch	MS	—	MAHLE Clevite, Inc. (MAHLE Industries, Inc.)	1989		268,104		954		916		0
		3/31/2016	19500 Bulverde Rd.	San Antonio	TX	—	Harcourt, Inc. (Harcourt General, Inc.)	2001		559,258		3,330		3,430		0
		8/31/2016	10590 Hamilton Ave.	Cincinnati	OH	—	The Hillman Group, Inc.	1991/1994/1995/2005		247,088		792		792		0
		9/30/2016	900 Industrial Blvd.	Crossville	TN	—	Dana Commercial Vehicle Products, LLC (Dana Limited)	1989		222,200		684		684		802
2017		2/28/2017	3456 Meyers Ave.	Memphis	TN	—	Sears, Roebuck & Company	1973		780,000		1,592		1,694		1,592
		6/30/2017	7500 Chavenelle Rd.	Dubuque	IA	—	The McGraw-Hill Companies, Inc.	2002		330,988		1,090		1,164		0
		9/30/2017	250 Swathmore Ave.	High Point	NC	—	Steelcase, Inc.	2002		244,851		1,056		1,086		1,165
		10/31/2017	1420 Greenwood Rd.	McDonough	GA	—	Atlas Cold Storage America, LLC	2000		296,972		2,810		2,596		0
2018		5/31/2018	50 Tyger River Dr.	Duncan	SC	(6)	Plastic Omnium Exteriors, LLC	2005/2007		222,103		902		902		0
		6/30/2018	1650-1654 Williams Rd.	Columbus	OH	—	ODW Logistics, Inc.	1973		772,450		1,348		1,342		1,347
2019		10/17/2019	10345 Philipp Pkwy	Streetsboro	OH	—	L'Oreal USA S/D, Inc. (L’Oreal USA, Inc.)	2004		649,250		2,290		2,610		3,149

Page 18 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
2020		3/31/2020	2425 Hwy. 77 North	Waxahachie	TX	—	James Hardie Building Products, Inc. (James Hardie NV)	1996/2001		425,816		3,400		3,400		0
		6/30/2020	3102 Queen Palm Dr.	Tampa	FL	—	Time Customer Service, Inc. (Time, Inc.)	1986		229,605		1,084		1,276		0
		9/30/2020	3350 Miac Cove Rd.	Memphis	TN	—	Mimeo.com, Inc.	1987		107,405		350		370		0
		12/19/2020	1901 Ragu Dr.	Owensboro	KY	—	Unilever Supply Chain, Inc. (Unilever United States, Inc.)	1975/1979/1995		443,380		5,254		0		1,802
2021		3/30/2021	121 Technology Dr.	Durham	NH	—	Heidelberg Web Systems, Inc.	1986/2002/2003		500,500		1,330		1,998		0
		3/31/2021	6050 Dana Way	Antioch	TN	—	W.M Wright Company	1999		338,700		1,226		1,226		0
		5/31/2021	477 Distribution Pkwy.	Collierville	TN	—	Federal Express Corporation	1984/1987/2005		120,000		480		404		0
		11/30/2021	2880 Kenny Biggs Rd.	Lumberton	NC	—	Quickie Manufacturing Corporation	1998/2001/2006		423,280		1,236		1,356		0
		12/31/2021	224 Harbor Freight Rd.	Dillon	SC	(6)	Harbor Freight Tools USA, Inc. (Central Purchasing, Inc.)	2001/2005		1,010,859		2,964		3,078		0
2025		6/30/2025	10000 Business Blvd.	Dry Ridge	KY	—	Dana Light Axle Products, LLC (Dana Limited)	1988/1999		336,350		1,346		1,346		1,402
			4010 Airpark Dr.	Owensboro	KY	—	Dana Structural Products, LLC (Dana Limited)	1998/2006		211,598		1,208		1,208		829
			301 Bill Bryan Rd.	Hopkinsville	KY	—	Dana Structural Products, LLC (Dana Limited)	1989/1999/2000/2005		424,904		1,688		1,688		1,512
			730 North Black Branch Rd.	Elizabethtown	KY	—	Dana Structural Products, LLC (Dana Limited)	2001		167,770		536		536		558
			750 North Black Branch Rd.	Elizabethtown	KY	—	Dana Structural Products, LLC (Dana Limited)	1995/2000/2001		539,592		2,838		2,838		2,960
		7/31/2025	7005 Cochran Rd.	Glenwillow	OH	—	Royal Appliance Manufacturing Company	1997		458,000		1,944		2,188		2,040
2026		10/30/2026	5001 Greenwood Rd.	Shreveport	LA	—	Libbey Glass, Inc. (Libbey Inc.)	2006		646,000		1,938		2,166		0
NA	NA		191 Arrowhead Dr.	Hebron	OH	—	(Available for Lease)	1999		147,450		0		0		0
			250 Rittenhouse Cir.	Bristol	PA	—	(Available for Lease)	1983/1997		255,019		592		648		0
			3350 Miac Cove Rd.	Memphis	TN	—	(Available for Lease)	1987		33,954		0		0		0
			34 East Main St.	New Kingstown	PA	—	(Available for Lease)	1981		179,200		210		194		0
			4425 Purks Rd.	Auburn Hills	MI	—	(Available for Lease)	1987/1988/1998		183,717		0		0		0
			46600 Port St.	Plymouth	MI	—	(Available for Lease)	1996		134,160		0		0		0
			6 Doughten Rd.	New Kingstown	PA	—	(Available for Lease)	1989		162,000		0		0		0
			6050 Dana Way	Antioch	TN	—	(Available for Lease)	1999		338,700		0		0		0
INDUSTRIAL TOTAL/WEIGHTED AVERAGE							92.9% Leased			20,333,462		77,406		73,336

Page 19 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of								Year			Annualized		Annualized		Fixed Rent at
Lease	Lease								Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)		Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
RETAIL PROPERTIES
2008		7/1/2008	1600 East 23rd St.	Chattanooga	TN	—	The Kroger Company		1983		42,130		708		346		0
		10/31/2008	1000 US Hwy. 17	North Myrtle Beach	SC	—	Food Lion, Inc.		1981		43,021		144		1,938		0
			835 Julian Ave.	Thomasville	NC	—	Food Lion, Inc.		1983		21,000		106		106		0
		12/31/2008	7200 Cradle Rock Way	Columbia	MD	—	GFS Realty, Inc. (Giant Food, Inc.)		1979		57,209		300		412		146
2009		1/31/2009	35400 Cowan Rd.	Westland	MI	—	Sam’s Real Estate Business Trust		1987/1997		101,402		752		752		0
		3/31/2009	2500 E. Carrier Pkwy.	Grand Prairie	TX	—	Safeway Stores, Inc.		1984		49,349		494		372		274
		9/30/2009	1032 Fort St. Mall	Honolulu	HI	—	Macy's Department Stores, Inc.		1979/2002		85,610		990		972		990
		12/31/2009	1066 Main St.	Forest Park	GA	—	Bank South, N.A. (Bank of America Corporation)		1969		14,859		216		186		199
			201 West Main St.	Cumming	GA	—	Bank South, N.A. (Bank of America Corporation)		1968/1982		14,208		214		286		198
			2223 North Druid Hills Rd.	Atlanta	GA	—	Bank South, N.A. (Bank of America Corporation)		1972		6,260		120		96		112
			3468 Georgia Hwy. 120	Duluth	GA	—	Bank South, N.A. (Bank of America Corporation)		1971		9,300		144		150		133
			4545 Chamblee – Dunwoody Rd.	Chamblee	GA	—	Bank South, N.A. (Bank of America Corporation)		1972		4,565		96		74		88
			4733 Hills & Dales Rd.	Canton	OH	—	Bally's Total Fitness of the Midwest (Bally's Health & Tennis Corporation)		1987		37,214		446		396		0
			825 Southway Dr.	Jonesboro	GA	—	Bank South, N.A. (Bank of America Corporation)		1971		4,894		84		64		77
			956 Ponce de Leon Ave.	Atlanta	GA	—	Bank South, N.A. (Bank of America Corporation)		1975		3,900		84		86		78
			1698 Mountain Industrial Blvd.	Stone Mountain	GA	—	Bank South, N.A. (Bank of America Corporation)		1973		5,704		102		90		95
2010		5/31/2010	24th St. West & St. John’s Ave.	Billings	MT	—	Safeway Stores, Inc.		1981		40,800		186		332		186
2011		5/31/2011	18601 Alderwood Mall Blvd.	Lynnwood	WA	—	Toys “R” Us, Inc.		1981/1993		43,105		282		298		279
			4811 Wesley St.	Greenville	TX	—	Safeway Stores, Inc.		1981		48,427		170		242		171
			12535 Southeast 82nd Ave.	Clackamas	OR	—	Toys “R” Us, Inc.		1981		42,842		306		324		298
			6910 South Memorial Hwy.	Tulsa	OK	—	Toys “R” Us, Inc.		1981		43,123		258		272		255
		9/30/2011	928 First Ave.	Rock Falls	IL	—	Rock Falls Country Market, LLC (Rock Island Country Market, LLC)		1982		27,650		78		96		140
		12/29/2011	13133 Steubner Ave.	Houston	TX	—	The Kroger Company		1980		52,200		282		404		281
2012		4/30/2012	10415 Grande Ave.	Sun City	AZ	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)		1982		10,000		166		352		0
			119 North Balboa Rd.	El Paso	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)		1983		10,000		166		136		0
			402 East Crestwood Dr.	Victoria	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)		1982		10,000		166		116		0
			4121 South Port Ave.	Corpus Christi	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)		1980		10,000		166		136		0
			900 South Canal St.	Carlsbad	NM	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)		1981		10,000		166		104		0
			901 West Expwy.	McAllen	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)		1980		10,000		166		164		0
		5/31/2012	12000 East Mississippi Ave.	Aurora	CO	—	Safeway Stores, Inc.	��	1981/1996		24,000		258		276		257
			3451 Alta Mesa Blvd.	Fort Worth	TX	—	Minyard Food Stores, Inc.		1985		44,000		304		360		304
			Old Mammoth Rd./Meridian Blvd.	Mammoth Lakes	CA	—	Safeway Stores, Inc.		1982		44,425		410		574		410
		11/30/2012	101 West Buckingham Rd.	Garland	TX	—	Minyard Food Stores, Inc.		1982		40,000		326		326		326
			120 South Waco St.	Hillsboro	TX	—	Brookshire Grocery		1982		35,000		160		186		161
			1415 Hwy. 377 East	Granbury	TX	—	The Kroger Company		1982		35,000		204		316		203
			205 Homer Rd.	Minden	LA	—	Brookshire Grocery		1981		35,000		192		286		193

Page 20 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
2013		2/28/2013	US 221 & Hospital Rd.	Jefferson	NC	—	Food Lion, Inc.	1981		23,000		72		78		73
			104 Branchwood Shopping Center	Jacksonville	NC	—	Food Lion, Inc.	1982/1995		23,000		84		110		84
			291 Talbert Blvd.	Lexington	NC	—	Food Lion, Inc.	1981		23,000		138		132		138
			S. Carolina 52/52 Bypass	Moncks Corner	SC	—	Food Lion, Inc.	1982		23,000		62		124		62
			3211 West Beverly St.	Staunton	VA	—	Food Lion, Inc.	1971		23,000		166		166		166
		7/1/2013	1053 Mineral Springs Rd.	Paris	TN	—	The Kroger Company	1983		31,170		468		0		159
			302 Coxcreek Pkwy.	Florence	AL	—	The Kroger Company	1983		42,130		660		312		223
		10/31/2013	1084 East Second St.	Franklin	OH	—	Marsh Supermarkets, Inc.	1961/1978		29,119		112		158		111
			130 Midland Ave.	Port Chester	NY	—	Pathmark Stores, Inc.	1982		59,000		1,114		1,196		458
			5104 North Franklin Rd.	Lawrence	IN	—	Marsh Supermarkets, Inc.	1983		28,721		194		194		193
			Brown Mill Rd./US 601	Concord	NC	—	Food Lion, Inc.	1983		32,259		196		164		197
			Little Rock Rd./Tuckaseegee Rd.	Charlotte	NC	—	Food Lion, Inc.	1982/1997		33,640		98		152		98
2014		2/28/2014	9580 Livingston Rd.	Oxon Hill	MD	—	GFS Realty, Inc. (Giant Food, Inc.)	1976		107,337		204		274		164
		3/31/2014	1642 Williams Ave.	Grants Pass	OR	—	Safeway Stores, Inc.	1984		33,770		292		216		162
			Bisbee Naco Hwy. & Hwy. 92	Bisbee	AZ	—	Safeway Stores, Inc.	1984		30,181		274		204		152
			N.E.C. 45th St./Lee Blvd.	Lawton	OK	—	Associated Wholesale Grocers Inc.	1984		30,757		334		178		185
			Grant Rd. & Craycroft Road	Tucson	AZ	—	Safeway Stores, Inc.	1983		37,268		364		304		202
			224th St. & Meridan Ave.	Graham	WA	—	Safeway Stores, Inc.	1984		44,718		412		384		229
			400 East Meridian Ave.	Milton	WA	—	Safeway Stores, Inc.	1984		44,718		476		418		264
			228th Ave., Northeast	Redmond	WA	—	Safeway Stores, Inc.	1984		44,718		504		508		279
			4512 North Market St.	Spokane	WA	—	Safeway Stores, Inc.	1984		38,905		374		264		208
2015		1/25/2015	3711 Gateway Dr.	Eau Claire	WI	—	Kohl's Department Stores, Inc.	1994		76,164		468		462		487
		1/31/2015	1700 State Route 160	Port Orchard	WA	—	Save-A-Lot, Ltd.	1983		16,037		72		72		97
2017		3/31/2017	1610 South Westmoreland Ave.	Dallas	TX	—	Malone’s Food Stores	1960		68,024		358		478		376
		4/30/2017	2401 Wooton Pkwy.	Rockville	MD	—	GFS Realty, Inc. (Giant Food, Inc.)	1977		51,682		114		152		92
		11/30/2017	10340 U.S. 19	Port Richey	FL	—	Kingswere Furniture	1980		53,820		0		0		400
2018		2/26/2018	4831 Whipple Ave., Northwest	Canton	OH	—	Best Buy Company, Inc.	1995		46,350		466		466		465
			399 Peachwood Centre Dr.	Spartanburg	SC	—	Best Buy Company, Inc.	1996		45,800		396		396		395
		8/31/2018	1025 West Lehigh Ave.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1922		3,800		148		66		72
			1055 West Baltimore Pike	Lima	PA	—	Citizens Bank of Pennsylvania	1983		3,800		170		82		82
			10650 Bustleton Ave.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1970		3,800		148		90		71
			15 Newton – Richboro Rd.	Richboro	PA	—	Citizens Bank of Pennsylvania	1976		3,800		136		90		66
			15 South 52nd St.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1921		3,800		186		88		90
			2001-03 Broad St.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1920		3,800		198		102		96
			2014 Cottman Ave.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1980		3,800		210		108		101

Page 21 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Consolidated Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
			25 East Main St.	Lansdale	PA	—	Citizens Bank of Pennsylvania	1966		3,800		156		72		75
			363 West Lancaster Ave.	Wayne	PA	—	Citizens Bank of Pennsylvania	1983		3,800		200		132		97
			4947 North Broad St.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1920		3,800		140		78		67
			559 North Main St.	Doylestown	PA	—	Citizens Bank of Pennsylvania	1976		3,800		148		102		71
			6201 North 5th St.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1975		3,800		44		34		21
			7323-29 Frankford Ave.	Philadelphia	PA	—	Citizens Bank of Pennsylvania	1960		3,800		164		130		79
		12/31/2018	1150 West Carl Sandburg Dr.	Galesburg	IL	—	Kmart Corporation	1992		94,970		110		328		0
			12080 Carmel Mountain Rd.	San Diego	CA	—	Sears Holding Corporation	1993		107,210		124		752		0
			21082 Pioneer Plaza Dr.	Watertown	NY	—	Kmart Corporation	1993		120,727		184		482		0
			255 Northgate Dr.	Manteca	CA	—	Kmart Corporation	1993		107,489		196		556		0
			5350 Leavitt Rd.	Lorain	OH	—	Kmart Corporation	1993		193,193		276		732		0
			97 Seneca Trail	Fairlea	WV	—	Kmart Corporation	1993/1999		90,933		130		346		0
2021		1/31/2021	3040 Josey Ln.	Carrollton	TX	—	Ong’s Family Inc.	1984		61,000		240		404		0
2028		1/31/2028	2010 Apalachee Pkwy.	Tallahassee	FL	—	Kohl's Department Stores, Inc.	2007		102,381		400		420		484
		8/31/2028	9803 Edmonds Way	Edmonds	WA	(8)	PCC Natural Markets	1981		34,459		0		0		0
NA	NA		1700 State Route 160	Port Orchard	WA	—	(Available for Lease)	1983		11,931		0		0		0
			3621 E Lincoln Way	Cheyenne	WY	—	(Available for Lease)	1981		31,420		0		0		0
			5402 4th St.	Lubbock	TX	—	(Available for Lease)	1978		53,820		0		0		0
			5544 Atlanta Hwy.	Montgomery	AL	—	(Available for Lease)	1980/2007		60,698		0		0		0
			9400 South 755 East	Sandy	UT	—	(Available for Lease)	1981		41,612		0		0		0
			Kipling St. & Bowles Ave.	Littleton	CO	—	(Available for Lease)	1981		29,360		0		0		0
RETAIL TOTAL/WEIGHTED AVERAGE							93.4% Leased			3,448,088		21,592		24,382
TOTAL CONSOLIDATED PORTFOLIO/WEIGHTED AVERAGE							94.09% Leased			41,072,857		368,260		361,904

Footnotes

(1)	Square foot leased or vacant includes those tenants with month-to-month leases.
(2)	Annualized cash rent is calculated as follows: six months rent obligation for the reported period, multiplied by 2.
(3)	Annualized GAAP base rent is calculated as follows: six months rent obligation for the reported period, multiplied by 2.
(4)	Rent at option rate listed for those lease contracts where a set rent in dollars is specified, as it relates to Fixed Rent at Next Option.
(5)	Lesser of the noted rent or a function of fair market value such as 100%, 95%, or 90%.
(6)	Greater of the noted rent or a function of fair market value such as 100%, 95%, or 90%.
(7)	Rents from tenants prior to expiration of lease, prior tenant has vacated.
(8)	Tenant occupies space, rent has not yet commenced.

Page 22 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Net Lease Strategic Asset Fund Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
NET LEASE STRATEGIC ASSET FUND PROPERTIES
2009		9/30/2009	109 Stevens St.	Jacksonville	FL	(5)	Unisource Worldwide, Inc.	1959/1967		168,800		620		568		0
2010		8/17/2010	904 Industrial Rd.	Marshall	MI	—	Tenneco Automotive Operating Company, Inc. (Tenneco, Inc.)	1968/1972		195,640		332		332		0
		10/15/2010	601 & 701 Experian Pkwy.	Allen	TX	—	Experian Information Solutions, Inc. (TRW, Inc.)	1981/1983		292,700		278		1,936		0
		10/31/2010	265 Lehigh St.	Allentown	PA	—	Wachovia Bank N.A.	1980		71,230		248		570		261
			5201 West Barraque St.	Pine Bluff	AR	—	Entergy Services, Inc.	1980		27,189		192		192		192
2011		5/31/2011	1200 Jupiter Rd.	Garland	TX	—	Raytheon Company	1980		278,759		268		358		1,588
		7/15/2011	19019 North 59th Ave.	Glendale	AZ	—	Honeywell International, Inc.	1985/1997/2000		252,300		1,318		1,642		0
2012		4/30/2012	3600 Army Post Rd.	Des Moines	IA	(6)	EDS Information Services, LLC (Electronic Data Systems Corporation)	2000		405,000		2,798		2,968		0
		5/31/2012	101 Creger Dr.	Ft. Collins	CO	—	Lithia Motors	1982		10,000		274		236		0
2013		5/31/2013	2401 Cherahala Blvd.	Knoxville	TN	—	Advance PCS, Inc.	2002		59,748		900		900		0
		6/30/2013	420 Riverport Rd.	Kingsport	TN	—	American Electric Power	1981		42,770		470		306		310
			8555 South River Pkwy.	Tempe	AZ	(6)	ASM Lithography, Inc. (ASM Lithography Holding NV)	1998		95,133		1,146		1,186		0
		10/31/2013	3943 Denny Ave.	Pascagoula	MS	—	Northrop Grumman Systems Corporation	1995		94,841		704		680		0
		12/31/2013	120 Southeast Parkway Dr.	Franklin	TN	—	Essex Group, Inc. (United Technologies Corporation)	1970		289,330		794		384		735
2014		1/31/2014	1401 & 1501 Nolan Ryan Parkway	Arlington	TX	—	Siemens Dematic Postal Automation, L.P.	2003		236,547		1,282		1,410		0
		4/30/2014	12000 & 12025 Tech Center Dr.	Livonia	MI	(6)	Kelsey-Hayes Company (TRW Automotive Inc.)	1987/1988/1990		180,230		1,928		2,074		0
		6/30/2014	70 Mechanic St.	Foxboro	MA	—	Invensys Systems, Inc. (Siebe, Inc.)	1965/1967/1971		251,914		740		534		2,817
		12/31/2014	324 Industrial Park Rd.	Franklin	NC	(5)	SKF USA, Inc.	1996		72,868		396		396		0
2015		6/30/2015	1901 49th Ave.	Minneapolis	MN	(5)	Owens Corning Roofing and Asphalt, LLC	2003		18,620		578		578		0
			2500 Patrick Henry Pkwy	McDonough	GA	—	Georgia Power Company	1999		111,911		1,452		1,536		0
			2935 Van Vactor Dr.	Plymouth	IN	—	Bay Valley Foods, LLC	2000/2003		300,500		772		810		425
			3711 San Gabriel	Mission	TX	—	Voicestream PCS II Corporation (T-Mobile USA, Inc.)	2003		75,016		900		1,020		0
		9/27/2015	9110 Grogans Mill Rd.	Houston	TX	—	Baker Hughes, Inc.	1992		275,750		302		544		0
		9/27/2015	2529 West Thorne Dr.	Houston	TX	—	Baker Hughes, Inc.	1982/1999		65,500		854		462		0
2016		1/31/2016	1600 Eberhardt Rd.	Temple	TX	—	Nextel of Texas	2001		108,800		1,522		1,616		0
		5/14/2016	6455 State Hwy 303 Northeast	Bremerton	WA	—	Nextel West Corporation	2002		60,200		1,084		1,162		0
		9/30/2016	1440 East 15th St.	Tucson	AZ	—	Cox Communications, Inc.	1988		28,591		480		528		0
		11/30/2016	736 Addison Rd.	Erwin	NY	(6)	Corning, Inc.	2006		408,000		1,126		1,224		0
2017		12/31/2017	11411 North Kelly Avenue	Oklahoma City	OK	—	American Golf Corporation	1991/1996		13,924		474		478		0
2018		8/31/2018	3500 North Loop Rd.	McDonough	GA	—	Litton Loan Servicing, L.P.	2007		62,218		1,092		1,092		0
2019		1/31/2019	2999 Southwest 6th St.	Redmond	OR	—	Voice Stream PCS I, LLC (T-Mobile USA, Inc.)	2004		77,484		1,436		1,572		0
		6/28/2019	3265 East Goldstone Dr.	Meridian	ID	(6)	Voicestream PCS II Corporation (T-Mobile USA, Inc.)	2004		77,484		1,214		1,364		0
		10/31/2019	17191 St. Luke's Way	The Woodlands	TX	—	Montgomery County Management Company, LLC	2004		41,000		718		922		0
			9601 Renner Blvd.	Lenexa	KS	(6)	Voicestream PCS II Corporation (T-Mobile USA, Inc.)	2004		77,484		1,244		1,392		0

Page 23 of 42

LEXINGTON REALTY TRUST

Property Leases and Vacancies — Net Lease Strategic Asset Fund Portfolio — 6/30/08

Year of	Date of							Year			Annualized		Annualized		Fixed Rent at
Lease	Lease							Built/Renovated/	Sq.Ft. Leased		Cash Rent		GAAP Rent		Next Option
Expiration	Expiration		Property Location	City	State	Note	Primary Tenant (Guarantor)	Expanded	or Available (1)		($000) (2)		($000) (3)		($000) (4)
2020		5/31/2020	359 Gateway Dr.	Lavonia	GA	—	TI Group Automotive Systems, LLC (TI Automotive Ltd.)	2005		133,221		1,200		1,200		0
		6/30/2020	10419 North 30th St.	Tampa	FL	—	Time Customer Service, Inc.	1986		132,981		658		770		0
		8/31/2020	First Park Dr.	Oakland	ME	(6)	Omnipoint Holdings, Inc. (T-Mobile USA, Inc.)	2005		78,610		1,232		1,150		0
		11/30/2020	11555 University Blvd.	Sugar Land	TX	—	KS Management Services, LLP (St. Luke’s Episcopal Health System Corporation)	2005		72,683		598		668		0
2021		10/25/2021	6938 Elm Valley Dr.	Kalamazoo	MI	—	Dana Commercial Vehicle Products, LLC (Dana Limited)	1999/2004		150,945		990		1,036		0
2025		7/14/2025	590 Ecology Ln.	Chester	SC	—	Owens Corning, Inc.	2001/2005		420,597		2,186		2,168		1,678
2026		8/31/2026	25500 State Hwy 249	Tomball	TX	—	Parkway Chevrolet, Inc. (R. Durdin, J. Durdin)	2005		77,076		1,250		1,506		0
2027		4/30/2027	2424 Alpine Rd.	Eau Claire	WI	(6)	Silver Spring Gardens, Inc. (Huntsinger Farms, Inc.)	1993/2004		159,000		930		1,172		0
	NET LEASE STRATEGIC ASSET FUND TOTAL/WEIGHTED AVERAGE						100.0% Leased			6,052,594		38,980		42,642

Footnotes

(1)	Square foot leased or vacant includes those tenants with month-to-month leases.
(2)	Annualized cash rent is calculated as follows: six months rent obligation for the reported period, multiplied by 2.
(3)	Annualized GAAP base rent is calculated as follows: six months rent obligation for the reported period, multiplied by 2.
(4)	Rent at option rate listed for those lease contracts where a set rent in dollars is specified, as it relates to Fixed Rent at Next Option.
(5)	Lesser of the noted rent or a function of fair market value such as 100%, 95%, or 90%.
(6)	Greater of the noted rent or a function of fair market value such as 100%, 95%, or 90%.

Page 24 of 42

LEXINGTON REALTY TRUST
2008 Second Quarter Disposition Summary

DISPOSITIONS

				Property	Gross Sale Price		Gain Recognized			Month of
	Tenants/Guarantors	Location		Type	($000)		($000)		Cash Cap Rate	Disposition
1	Pathmark Stores, Inc.	Carteret	NJ	Office	$	14,323	$	72	7.0% (1)	June
2	Pathmark Stores, Inc.	Garwood	NJ	Retail	$	4,785	$	781	6.7%	April
3	Pathmark Stores, Inc.	Philadelphia	PA	Retail	$	6,000	$	783	6.7%	April
4	The Kroger Company	Memphis	TN	Office	$	5,985	$	2,283	9.7%	June
5	Vacant	Walnut Creek	CA	Office	$	15,000	$	6	N/A (2)	May
5	TOTAL DISPOSITIONS				$	46,093	$	3,925	7.4%

Footnotes

(1)	Calculated based upon 2011 step down rent.
(2)	N/A — not applicable as property is vacant.

Page 25 of 42

LEXINGTON REALTY TRUST
2008 Second Quarter Dispositions to Net Lease Strategic Asset Fund L.P.

DISPOSITIONS TO NET LEASE STRATEGIC ASSETS FUND L.P.        

					Month of
	Tenants/Guarantors	Location		Property Type	Disposition
1	Baker Hughes, Inc.	Houston	TX	Industrial	May
2	Raytheon Company	Garland	TX	Office	May
2	TOTAL DISPOSITIONS TO NET LEASE STRATEGIC ASSETS FUND L.P.

Page 26 of 42

LEXINGTON REALTY TRUST
2008 Second Quarter Leasing Summary

NEW LEASES

								New Cash Rent		Prior Cash Rent		New GAAP Rent		Prior GAAP Rent
				Property	Lease Expiration			Per Annum		Per Annum		Per Annum		Per Annum
	Tenants/Guarantors	Location		Type	Date	Sq. Ft.		($000)		($000)		($000)		($000)
1	Angel M.L. You (1)	Honolulu	HI	Office	05/2011		423	$	11	$	13	$	11	$	13
2	Baltimore Area Convention and Visitors Assoc., Inc.	Baltimore	MD	Office	09/2019		14,629	$	351	$	349	$	351	$	349
3	BI-LO, LLC	Chattanooga	TN	Retail	07/2010		42,130	$	130	$	708	$	130	$	347
4	FAQ Hawaii, Inc. (1)(2)	Honolulu	HI	Office	05/2008		309	$	6		N/A	$	6		N/A
5	Henderson & Hundley, P.C.	Decatur	GA	Office	07/2013		2,832	$	62	$	66	$	62	$	61
6	Internal Revenue Service	Beaumont	TX	Office	07/2009		10,960	$	240		N/A	$	240		N/A
7	Jennings Pacific, LLC (1)	Honolulu	HI	Office	02/2009		310	$	5	$	8	$	5	$	8
8	Mighty Dollar, LLC	Thomasville	NC	Retail	09/2018		23,767	$	69	$	106	$	69	$	106
9	Morgan & Woodling	Decatur	GA	Office	06/2013		1,078	$	24	$	25	$	24	$	23
10	Reckitt Benckiser, Inc.	Parsippany	NJ	Office	01/2016		163,386	$	4,616	$	4,328	$	4,824	$	4,244
11	The Center Club	Baltimore	MD	Office	09/2019		31,293	$	612	$	760	$	612	$	760
12	Tina Marie Williams, dba Studio VIP (1)	Honolulu	HI	Office	08/2012		324	$	6	$	5	$	6	$	5
13	US Government	Herndon	VA	Office	05/2018		159,664	$	2,953	$	2,870	$	3,386	$	2,476
14	US Navy	Beaumont	TX	Office	12/2008		1,982	$	29	$	29	$	29	$	28
14	TOTAL NEW LEASES						453,087	$	9,114	$	9,267	$	9,755	$	8,420

Footnotes

(1)	Prior cash rent was based on a gross lease. Lease has been converted to a net lease.
(2)	Two month lease. Tenant pays $463.50/month.

Page 27 of 42

LEXINGTON REALTY TRUST
2008 Second Quarter Leasing Summary

LEASE EXTENSIONS

									New Cash Rent		Prior Cash Rent		New GAAP Rent		Prior GAAP Rent
				Property	Lease Expiration				Per Annum		Per Annum		Per Annum		Per Annum
	Tenants/Guarantors	Location		Type	Date		Sq. Ft.		($000)		($000)		($000)		($000)
1	Amy K.S. Fung, dba Hong Kong Fashion	Honolulu	HI	Retail		03/2010		347	$	5	$	7	$	5	$	7
2	Associated Wholesale Grocers, Inc.	Lawton	OK	Retail		03/2014		30,757	$	185	$	334	$	207	$	204
3	Compass Bank	Beaumont	TX	Office		12/2014		49,639	$	683	$	683	$	683	$	683
4	Diabetech, LP	Dallas	TX	Office		06/2009		424	$	6	$	5	$	6	$	5
5	Donna Reed, dba Donna’s Tattoo Shop	Honolulu	HI	Retail		02/2010		285	$	5	$	5	$	5	$	5
6	Doris ABE, dba Tropic Beauty Salon	Honolulu	HI	Retail		06/2011		303	$	4	$	5	$	4	$	5
7	Fisher Hawaii, Inc.	Honolulu	HI	Retail		01/2013		8,216	$	157	$	135	$	157	$	135
8	Fisher Hawaii, Inc.	Honolulu	HI	Retail		01/2013		1,682	$	4	$	3	$	4	$	3
9	Harvard Vanguard Medical Assoc.	Boston	MA	Office		12/2022		52,337	$	1,532	$	1,350	$	1,682	$	1,074
10	Hazel M. Yoichisako, dba Miki’s Beauty Shop	Honolulu	HI	Retail		05/2010		326	$	4	$	5	$	4	$	5
11	James K.Y. Lee and Li-Ping Lee	Honolulu	HI	Retail		03/2012		857	$	13	$	18	$	13	$	18
12	Jane Shigemoto, dba Star Beauty Shop	Honolulu	HI	Retail		05/2009		663	$	8	$	10	$	8	$	10
13	Joan M. Nishiguchi, dba Joan’s Beauty Shop	Honolulu	HI	Retail		05/2011		276	$	3	$	4	$	3	$	4
14	JP Morgan Chase Bank	Lake Mary	FL	Office		09/2015		125,920	$	1,789	$	3,047	$	2,096	$	2,593
15	JP Morgan Chase Bank	Lake Mary	FL	Office		09/2015		125,155	$	1,715	$	3,148	$	2,053	$	2,653
16	League of Women Voters of Hawaii	Honolulu	HI	Office		05/2011		929	$	11	$	16	$	11	$	16
17	Leetex Construction	Dallas	TX	Office		07/2011		1,487	$	21	$	18	$	21	$	18
18	Owens Corning Insulating Systems, LLC	Hebron	OH	Industrial		09/2008		102,960	$	278	$	278	$	278	$	278
19	Royal Appliance Manufacturing Company	Glenwillow	OH	Industrial		07/2025		458,000	$	1,944	$	1,944	$	2,225	$	2,153
20	Safeway Stores, Inc.	Bisbee	AZ	Retail		03/2014		30,181	$	152	$	273	$	203	$	203
21	Safeway Stores, Inc.	Spokane	WA	Retail		03/2014		38,905	$	208	$	375	$	264	$	264
22	Safeway Stores, Inc.	Tucson	AZ	Retail		03/2014		37,268	$	202	$	364	$	304	$	304
23	Sharon Teruya Cargo, dba H&S Beauty Shoppe	Honolulu	HI	Retail		05/2011		285	$	4	$	5	$	4	$	5
23	TOTAL LEASE EXTENSIONS							1,067,202	$	8,933	$	12,032	$	10,240	$	10,645
37	TOTAL NEW AND RENEWED LEASES							1,520,289	$	18,047	$	21,299	$	19,995	$	19,065

Page 28 of 42

LEXINGTON REALTY TRUST
Lease Rollover Schedule by Property Type- Cash Basis
6/30/2008

	Office						Industrial						Retail
	Net Rentable		Cash Rental		Net Rent		Net Rentable		Cash Rental		Net Rent		Net Rentable		Cash Rental		Net Rent
Year	Area		Revenue ($000)		PSF		Area		Revenue ($000)		PSF		Area		Revenue ($000)		PSF
2008		536,998	$	17,840	$	33.22		471,501	$	4,018	$	8.52		163,360	$	1,258	$	7.70
2009		1,824,042	$	26,360	$	14.45		453,260	$	1,150	$	2.54		337,265	$	3,742	$	11.10
2010		1,103,457	$	19,296	$	17.49		1,723,112	$	5,252	$	3.05		40,800	$	186	$	4.56
2011		536,022	$	10,956	$	20.44		1,305,135	$	4,676	$	3.58		257,347	$	1,376	$	5.35
2012		1,559,591	$	22,028	$	14.12		2,450,703	$	7,936	$	3.24		317,425	$	2,850	$	8.98
2013		1,868,329	$	27,254	$	14.59		281,086	$	4,040	$	14.37		371,039	$	3,364	$	9.07
2014		2,182,163	$	38,812	$	17.79		882,292	$	2,206	$	2.50		412,372	$	3,234	$	7.84
2015		1,817,531	$	26,416	$	14.53		355,150	$	1,656	$	4.66		92,201	$	540	$	5.86
2016		667,239	$	9,330	$	13.98		1,296,650	$	5,760	$	4.44		—	$	—	$	—
2017		265,175	$	4,300	$	16.22		1,652,811	$	6,548	$	3.96		173,526	$	472	$	2.72
2018		735,272	$	12,496	$	17.00		994,553	$	2,250	$	2.26		856,072	$	3,930	$	4.59
2019		1,417,767	$	18,412	$	12.99		649,250	$	2,290	$	3.53		—	$	—	$	—
2020		186,865	$	2,924	$	15.65		1,206,206	$	10,088	$	8.36		—	$	—	$	—
2021		454,860	$	7,682	$	16.89		2,393,339	$	7,236	$	3.02		61,000	$	240	$	3.93
2022		52,337	$	1,558	$	29.77		—	$	—	$	—		—	$	—	$	—
2023		247,254	$	1,036	$	4.19		—	$	—	$	—		—	$	—	$	—
2024		—	$	—	$	—		—	$	—	$	—		—	$	—	$	—
2025		145,200	$	2,294	$	15.80		2,138,214	$	9,560	$	4.47		—	$	—	$	—
2026		—	$	—	$	—		646,000	$	1,938	$	3.00		—	$	—	$	—
2027		—	$	—	$	—		—	$	—	$	—		—	$	—	$	—
2028		—	$	—	$	—		—	$	—	$	—		136,840	$	400	$	2.92
Total/Weighted Average(1)		15,600,102	$	248,994	$	15.96		18,899,262	$	76,604	$	4.05		3,219,247	$	21,592	$	6.71

Footnotes

(1) Total shown may differ from detailed amounts due to rounding, and does not include multi-tenant leases.

Page 29 of 42

LEXINGTON REALTY TRUST
Lease Rollover Schedule — GAAP Basis
6/30/2008

			Total
	Number of		Annualized		Percentage of Total
	Leases		GAAP Base		Annualized GAAP
Year	Expiring		Rent ($000)		Base Rent
2008		10	$	17,800		5.24	%
2009		25	$	29,016		8.54	%
2010		15	$	24,846		7.31	%
2011		16	$	17,216		5.07	%
2012		30	$	33,324		9.81	%
2013		31	$	35,314		10.39	%
2014		27	$	42,426		12.48	%
2015		14	$	28,084		8.26	%
2016		12	$	15,414		4.54	%
2017		11	$	12,078		3.55	%
2018		29	$	19,186		5.65	%
2019		7	$	21,630		6.37	%
2020		6	$	8,132		2.39	%
2021		9	$	16,264		4.79	%
2022		1	$	1,594		0.47	%
2023		1	$	2,814		0.83	%
2024		—	$	—		0.00	%
2025		8	$	12,098		3.56	%
2026		1	$	2,166		0.64	%
2027		—	$	—		0.00	%
2028		2	$	420		0.12	%
Total(1)		255	$	339,822		100.0	%

Footnotes

(1) Total shown may differ from detailed amounts due to rounding, and does not include multi-tenant leases.

Page 30 of 42

LEXINGTON REALTY TRUST
Joint Venture Investments — Proportionate Share

Six Months Ended June 30, 2008
($000)

Joint Venture Operations- Real Estate
EBITDA	$	14,802
Interest expense	$	4,900
Joint Venture Operations- Debt Platform
Interest income	$	18,604
Interest expense		(9,443	)
Other expenses, net		(883	)
Gain- debt extinguishment		3,851
Impairment charge		(29,008	)
Net loss	$	(16,879	)

Page 31 of 42

LEXINGTON REALTY TRUST
Selected Balance Sheet Account Detail
As of June 30, 2008
($000)

Investments in and advances to non-consolidated entities	$	227,466
Lexington’s “Investments in and advances to non-consolidated entities” line item includes investments in entities which invest in real estate debt securities and net leased properties. A summary is as follows:
Investment in debt platform	$	143,722
Investment in net lease partnerships		83,744
Other assets	$	69,349
The components of other assets are:
Due from lender/trustee	$	26,893
CIP/Deposits		6,976
Investments		15,711
Equipment		4,960
Prepaids		7,173
Other receivables		7,471
Other		165
Accounts payable and other liabilities	$	42,340
The components of accounts payable and other liabilities are:
Accounts payable and accrued expenses	$	12,453
CIP accruals and other		12,665
Taxes		514
Deferred lease costs		1,320
Subordinated notes		3,039
Deposits		1,386
Escrows		3,329
Transaction costs		5,119
Derivative liability		2,515

Page 32 of 42

LEXINGTON REALTY TRUST
Consolidated Properties: Mortgages and Notes Payable
6/30/2008

											Current
											Estimated		Balloon
				Debt Balance		Interest Rate					Annual Debt		Payment
Property	Footnotes			($000)		(%)			Maturity(a)		Service ($000)(d)		($000)
Canton, OH				$	2,944		7.150	%		08/2008	$	26	$	2,936
Spartanburg, SC					2,445		7.150	%		08/2008		22		2,438
Irvine, CA					1,391		9.339	%		09/2008		1,413		—
Owensboro, KY					3,171		7.940	%		12/2008		1,680		—
Columbia, MD					833		8.625	%		12/2008		222		719
Clinton, CT					490		7.940	%		12/2008		519		—
Long Beach, CA					10,778		6.250	%		01/2009		11,286		—
Long Beach, CA					3,994		6.160	%		01/2009		4,180		—
Florence, SC					8,570		7.500	%		02/2009		507		8,443
Canton, OH					250		9.490	%		02/2009		259		—
Baton Rouge, LA					1,535		7.375	%		03/2009		139		1,478
Bristol, PA					5,352		7.250	%		04/2009		428		5,228
Henderson, NC					3,947		7.390	%		05/2009		417		3,854
Westland, MI					796		10.500	%		09/2009		683		—
Houston, TX		(b	)		19,266		5.810	%		10/2009		2,032		18,229
High Point, NC					8,029		5.750	%		10/2009		695		7,741
Salt Lake City, UT					3,428		7.610	%		10/2009		2,901		—
San Francisco, CA					21,832		3.893	%		12/2009		2,110		20,000
Pleasanton, CA					4,249		10.250	%		12/2009		727		3,808
Richmond, VA					15,635		8.100	%		02/2010		1,511		15,257
Fishers, IN		(b	)		14,042		5.880	%		04/2010		1,499		12,960
Hampton, VA					6,939		8.270	%		04/2010		677		6,758
Hampton, VA					4,255		8.260	%		04/2010		415		4,144
Lorain, OH		(b	)		1,988		5.540	%		07/2010		873		—
Manteca, CA		(b	)		1,405		5.540	%		07/2010		617		—
Watertown, NY		(b	)		1,321		5.540	%		07/2010		580		—
Lewisburg, WV		(b	)		928		5.540	%		07/2010		407		—
San Diego, CA		(b	)		895		5.540	%		07/2010		393		—
Galesburg, IL		(b	)		788		5.540	%		07/2010		346		—
Tampa, FL					5,699		6.880	%		08/2010		485		5,495
Irving, TX		(b	)		26,063		5.880	%		10/2010		2,432		24,454
Lake Mary, FL		(b	)		12,917		5.880	%		10/2010		1,181		12,118
Lake Mary, FL		(b	)		12,878		5.880	%		10/2010		1,178		12,082
Herndon, VA					17,927		8.180	%		12/2010		1,723		17,301
Parsippany, NJ		(b	)		39,623		5.860	%		03/2011		3,472		37,047
Renswoude, NA					41,547		5.305	%		04/2011		2,949		39,414
Wallingford, CT					3,344		4.926	%		05/2011		221		3,187
Auburn Hills, MI					6,516		7.010	%		06/2011		637		5,918
Plymouth, MI					4,402		7.960	%		07/2011		421		4,171
Winchester, VA		(b	)		10,492		5.860	%		08/2011		908		9,675
New Kingston, PA					6,707		7.790	%		01/2012		678		6,101
Mechanicsburg, PA					4,951		7.780	%		01/2012		500		4,503
New Kingston, PA					3,196		7.780	%		01/2012		323		2,906
Milford, OH		(b	)		15,772		5.860	%		02/2012		1,822		12,686
Lake Forest, CA					10,280		7.260	%		02/2012		901		9,708
Fort Worth, TX		(b	)		18,857		5.510	%		05/2012		1,280		17,823

Page 33 of 42

LEXINGTON REALTY TRUST
Consolidated Properties: Mortgages and Notes Payable
6/30/2008

											Current
											Estimated		Balloon
				Debt Balance		Interest Rate					Annual Debt		Payment
Property	Footnotes			($000)		(%)			Maturity(a)		Service ($000)(d)		($000)
Memphis, TN					17,298		5.247	%		05/2012		1,181		16,222
Raleigh, NC		(b	)		12,622		5.860	%		05/2012		647		12,543
Lakewood, CO					8,440		5.097	%		05/2012		566		7,890
Farmington Hills, MI		(b	)		19,431		5.860	%		09/2012		1,500		17,724
Laurens, SC		(b	)		16,062		5.870	%		09/2012		1,396		14,022
Temperance, MI		(b	)		10,767		5.870	%		09/2012		936		9,400
Baton Rouge, LA		(b	)		6,415		5.520	%		10/2012		443		5,943
San Antonio, TX					28,464		6.080	%		10/2012		2,260		26,025
Plymouth, MI		(b	)		11,685		5.860	%		12/2012		1,026		10,026
Colorado Springs, CO		(b	)		11,283		5.870	%		12/2012		887		10,272
Fort Mill, SC					10,814		6.000	%		01/2013		839		9,904
Centennial, CO		(b	)		15,170		5.550	%		02/2013		1,177		13,555
Los Angeles, CA		(b	)		77,672		5.860	%		05/2013		5,361		73,071
Atlanta, GA					43,900		5.268	%		05/2013		3,004		40,356
Dallas, TX		(b	)		39,317		5.550	%		05/2013		2,702		36,455
Houston, TX					17,132		5.218	%		05/2013		1,166		15,737
Southington, CT					13,352		5.018	%		05/2013		890		12,228
Indianapolis, IN					9,348		5.168	%		05/2013		633		8,580
Fort Meyers, FL					8,912		5.268	%		05/2013		476		8,550
Phoenix, AZ					18,631		6.270	%		09/2013		1,527		16,490
Foxboro, MA		(b	)		16,290		6.000	%		01/2014		3,270		—
Moody, AL					7,177		4.978	%		01/2014		493		6,350
Logan Township, NJ		(b	)		7,282		5.870	%		04/2014		482		6,784
Clive, IA					5,740		5.139	%		05/2014		387		5,151
Fort Mill, SC					20,104		5.373	%		05/2014		1,364		18,311
Philadelphia, PA					48,388		5.060	%		07/2014		3,178		43,547
Eau Claire, WI					1,488		8.000	%		07/2014		313		—
3 Properties		(i	)		103,511		6.150	%		09/2014		6,366		103,511
Issaquah, WA		(b	)		31,664		5.890	%		12/2014		1,663		30,388
Canonsburg, PA		(b	)		9,072		5.550	%		12/2014		489		9,095
Chicago, IL		(b	)		29,029		5.870	%		01/2015		1,548		29,900
Carrollton, TX					13,809		5.530	%		01/2015		993		12,022
Herndon, VA		(b	)		11,840		5.870	%		04/2015		888		10,359
Richmond, VA		(b	)		19,503		5.510	%		05/2015		1,026		18,292
Houston, TX					16,464		5.160	%		05/2015		1,114		14,408
Rockaway, NJ					14,900		5.292	%		05/2015		799		14,900
Houston, TX					12,858		5.210	%		05/2015		874		11,265
Fishers, IN					12,801		5.160	%		05/2015		865		11,188
San Antonio, TX					12,690		5.340	%		05/2015		875		11,149
Atlanta, GA					11,325		5.260	%		05/2015		604		10,502
Los Angeles, CA					11,149		5.110	%		05/2015		750		9,760
Richmond, VA					10,310		5.310	%		05/2015		708		9,055
Harrisburg, PA					8,900		5.110	%		05/2015		599		7,780
Knoxville, TN					7,581		5.310	%		05/2015		520		6,658
Tulsa, OK					7,451		5.060	%		05/2015		499		6,517
Carrollton, TX		(b	)		20,278		5.870	%		07/2015		1,272		18,677

Page 34 of 42

LEXINGTON REALTY TRUST
Consolidated Properties: Mortgages and Notes Payable
6/30/2008

											Current
											Estimated		Balloon
				Debt Balance		Interest Rate					Annual Debt		Payment
Property	Footnotes			($000)		(%)			Maturity(a)		Service ($000)(d)		($000)
Elizabethtown, KY					15,664		4.990	%		07/2015		1,068		13,648
Hopkinsville, KY					9,181		4.990	%		07/2015		626		7,999
Dry Ridge, KY					6,815		4.990	%		07/2015		506		6,238
Owensboro, KY					6,074		4.990	%		07/2015		452		5,568
Elizabethtown, KY					2,955		4.990	%		07/2015		201		2,574
Houston, TX		(b	)		57,084		6.250	%		09/2015		8,323		18,318
Sugar Land, TX		(b	)		14,765		6.250	%		09/2015		2,124		6,286
Danville, IL					6,091		9.000	%		01/2016		692		4,578
Bridgewater, NJ					14,805		5.732	%		03/2016		849		13,751
Omaha, NE					8,741		5.610	%		04/2016		621		7,560
Tempe, AZ					8,255		5.610	%		04/2016		586		7,140
Lisle, IL					10,441		6.500	%		06/2016		793		9,280
Dallas, TX		(b	)		18,553		5.870	%		07/2016		1,136		18,365
Rochester, NY					18,800		6.210	%		08/2016		1,369		16,602
Statesville, NC					14,100		6.210	%		08/2016		1,026		12,451
Rockford, IL					6,900		6.210	%		08/2016		501		6,093
Glenwillow, OH					17,000		6.130	%		09/2016		1,195		14,987
Memphis, TN					3,951		5.710	%		01/2017		253		3,484
Orlando, FL					9,975		5.722	%		02/2017		579		9,309
Coppell, TX					14,400		5.710	%		06/2017		834		14,400
Dubuque, IA					10,521		5.402	%		06/2017		733		8,725
Shreveport, LA					19,000		5.690	%		07/2017		1,096		19,000
McDonough, GA					23,000		6.110	%		11/2017		1,425		21,651
Lorain, OH		(b	)		1,275		7.750	%		07/2018		108		—
Manteca, CA		(b	)		901		7.750	%		07/2018		77		—
Watertown, NY		(b	)		847		7.750	%		07/2018		72		—
Lewisburg, WV		(b	)		595		7.750	%		07/2018		51		—
San Diego, CA		(b	)		574		7.750	%		07/2018		49		—
Galesburg, IL		(b	)		506		7.750	%		07/2018		43		—
Overland Park, KS		(b	)		37,471		5.911	%		05/2019		2,295		31,819
Kansas City, MO		(b	)		17,878		5.900	%		05/2019		1,095		15,182
Streetsboro, OH		(b	)		19,488		5.900	%		09/2019		1,304		16,338
Boca Raton, FL					20,400		6.470	%		02/2020		1,338		18,383
Wall Township, NJ		(b	)		29,226		6.250	%		01/2021		2,496		—
Hilliard, OH					28,960		5.907	%		02/2021		1,734		27,483
Charleston, SC					7,350		5.850	%		02/2021		436		6,632
Durham, NH		(b	)		19,271		6.750	%		03/2021		1,696		—
Antioch, TN		(b	)		14,456		5.630	%		10/2021		1,580		774
Whippany, NJ					16,486		6.298	%		11/2021		1,344		10,400
Dillon, SC					22,725		5.974	%		02/2022		1,832		13,269
Subtotal/Wtg. Avg./Years Remaining(l)					1,816,466		5.895	%		6.1		163,769		1,517,431

Page 35 of 42

LEXINGTON REALTY TRUST
Consolidated Properties: Mortgages and Notes Payable
6/30/2008

											Current
											Estimated		Balloon
				Debt Balance		Interest Rate					Annual Debt		Payment
Property	Footnotes			($000)		(%)			Maturity(a)		Service ($000)(d)		($000)
Corporate
Credit Facility		(c	)		—		—			06/2009		—		—
Term Loan		(f	)(j)		202,419		3.050	%		06/2009		6,260		202,419
Exchangeable Notes		(e	)		325,000		5.450	%		01/2012		17,713		325,000
Term Loan		(h	)(j)(k)		42,196		5.520	%		03/2013		2,362		42,196
Term Loan		(h	)(k)		25,000		5.520	%		03/2013		1,399		25,000
Trust Preferred Notes		(g	)		129,120		6.804	%		04/2037		8,785		129,120
Subtotal/Wtg. Avg./Years Remaining(l)					723,735		5.027	%		7.4		36,519		723,735
Total/Wtg. Avg./Years Remaining(l)				$	2,540,201		5.648	%		6.5	$	200,288	$	2,241,166

Footnotes

(a)    Subtotal and total based on weighted average term to maturity shown in years based on debt balance.

(b)    Debt balances based upon imputed interest rates.

(c)    Floating rate debt 30/60/90 day LIBOR plus 120 to 170 bps.  

(d)    Remaining payments for debt with less than 12 months to maturity, all others are debt service for next 12 months.  

(e)    Holders have the right to put notes to the Company commencing 2012 and every five years thereafter. Notes mature in 2027.  

(f)     Floating rate debt 30 day LIBOR plus 60 bps.  

(g)    Rate fixed through April 2017, thereafter LIBOR plus 170 bps.  

(h)    Rate is swapped to fixed rate through maturity.  

(i)    Debt on three cross-collateralized properties located in Nevada, Indiana, and Tennessee.  

(j)    An aggregate of $5,611 of these loans are included in discontinued operations.  

(k)    Represents full payable of loans, discount of $5,066 excluded from balance.  

(l)    Total shown may differ from detailed amounts due to rounding.  

Page 36 of 42

LEXINGTON REALTY TRUST
Non- Consolidated Investments: Mortgages & Notes Payable
6/30/2008

											Current
											Estimated
		Debt		LXP Proportionate							Annual Debt				Proportionate
		Balance		Proportionate		Interest					Service		Balloon		Share Balloon
Joint Venture	Footnotes	($000)		Share ($000)		Rate (%)			Maturity		($000)(10)		Payment ($000)		Payment ($000)
Net Lease Strategic		$	10,370	$	4,986		7.800	%		04/2009	$	826	$	10,236	$	4,921
Dallas Commerce			9,153		2,371		6.680	%		06/2009		9,614		—		—
BCBS LLC			23,055		9,222		7.850	%		10/2009		2,196		22,586		9,034
Net Lease Strategic			7,883		3,790		6.930	%		08/2010		674		7,603		3,656
Harpard			1,292		351		9.875	%		01/2011		569		—		—
Net Lease Strategic			2,226		1,070		7.500	%		01/2011		226		2,076		998
Net Lease Strategic			13,981		6,722		7.400	%		04/2011		1,258		13,365		6,426
Net Lease Strategic			30,582		14,704		5.126	%		05/2011		1,593		30,582		14,704
Taber			806		219		10.125	%		06/2011		313		—		—
Jayal			1,127		335		11.500	%		03/2012		379		—		—
Net Lease Strategic			22,761		10,943		5.147	%		05/2012		1,188		22,153		10,651
Net Lease Strategic			11,605		5,580		7.670	%		01/2013		2,894		—		—
Net Lease Strategic			13,235		6,363		5.148	%		05/2013		894		12,144		5,839
Net Lease Strategic			4,977		2,393		5.950	%		09/2013		381		4,496		2,162
Net Lease Strategic			20,746		9,975		5.810	%		02/2014		1,551		18,588		8,937
Net Lease Strategic			9,530		4,582		5.616	%		04/2014		697		8,484		4,079
Net Lease Strategic			1,386		666		8.500	%		04/2015		271		—		—
Net Lease Strategic			17,119		8,231		5.411	%		05/2015		1,189		15,087		7,254
Net Lease Strategic — Oklahoma TIC			14,749		2,836		5.240	%		05/2015		784		13,673		2,584
Net Lease Strategic			12,675		6,094		5.212	%		06/2015		781		11,349		5,457
Net Lease Strategic			6,204		2,983		5.783	%		06/2015		462		5,371		2,582
Net Lease Strategic			21,545		10,359		8.036	%		09/2015		3,420		6,925		3,330
Net Lease Strategic			6,121		2,943		8.036	%		09/2015		943		2,203		1,059
Net Lease Strategic			8,694		4,180		6.090	%		01/2016		668		7,446		3,580
Net Lease Strategic			6,426		3,090		6.090	%		04/2016		494		5,465		2,628
Net Lease Strategic			6,541		3,145		6.315	%		09/2016		497		5,723		2,752
One Summit			19,248		5,774		9.375	%		10/2016		3,344		—		—
Net Lease Strategic			9,244		4,445		6.063	%		11/2016		683		8,023		3,857
One Summit			12,423		3,727		10.625	%		11/2016		2,239		—		—
Net Lease Strategic			9,193		4,420		5.910	%		10/2018		728		6,624		3,185

Page 37 of 42

LEXINGTON REALTY TRUST
Non- Consolidated Investments: Mortgages & Notes Payable
6/30/2008

											Current
											Estimated
		Debt		LXP Proportionate							Annual Debt				Proportionate
		Balance		Proportionate		Interest					Service		Balloon		Share Balloon
Joint Venture	Footnotes	($000)		Share ($000)		Rate (%)			Maturity		($000)(10)		Payment ($000)		Payment ($000)
Dallas Commerce			12,512		3,241		15.000	%		12/2018		2,166		—		—
Net Lease Strategic			9,949		4,783		6.010	%		08/2019		753		7,658		3,682
Net Lease Strategic			7,500		3,606		6.507	%		11/2019		496		6,692		3,218
Net Lease Strategic			10,033		4,824		6.270	%		12/2019		774		7,755		3,729
Net Lease Strategic			10,147		4,879		5.930	%		10/2020		750		7,660		3,683
Net Lease Strategic			9,595		4,613		5.460	%		12/2020		741		5,895		2,834
Net Lease Strategic			9,670		4,649		5.640	%		01/2021		692		7,018		3,374
Net Lease Strategic			12,801		6,155		5.380	%		08/2025		1,144		362		174
Subtotal/Wtg. Avg.(5)/Years Remaining(6)		$	417,104	$	183,249		6.561	%		6.7	$	49,272	$	283,242	$	130,369

Page 38 of 42

LEXINGTON REALTY TRUST
Non- Consolidated Investments: Mortgages & Notes Payable
6/30/2008

													Current
													Estimated
				Debt		LXP Proportionate							Annual Debt				Proportionate
				Balance		Proportionate		Interest					Service		Balloon		Share Balloon
Joint Venture	Footnotes			($000)		Share ($000)		Rate (%)			Maturity		($000)(10)		Payment ($000)		Payment ($000)
Corporate
Concord		(1	)		28,952		14,476		3.280	%		11/2008		963		28,952		14,476
Concord		(4	)		36,016		18,008		3.481	%		12/2008		1,271		36,016		18,008
Concord		(4	)(8)		15,981		7,991		3.393	%		03/2009		550		15,981		7,991
Concord		(2	)(7)		265,296		132,648		3.435	%		03/2009		9,239		265,296		132,648
Concord		(7	)(9)		22,000		11,000		4.660	%		03/2010		1,039		22,000		11,000
Concord		(4	)		59,613		29,807		3.471	%		12/2012		2,098		59,613		29,807
Concord		(3	)		362,450		181,225		2.977	%		12/2016		10,940		362,450		181,225
Subtotal/Wtg. Avg.(5)/Years Remaining(6)				$	790,308	$	395,154		3.257	%		4.5	$	26,100	$	790,308	$	395,155
Total/Wtg. Avg.(5)/Years Remaining(6)				$	1,207,412	$	578,403		4.304	%		5.2	$	75,372	$	1,073,550	$	525,524

Footnotes

(1)	Represents amount outstanding on $150.0 million repurchase agreement, variable rate.
(2)	Represents amount outstanding on $350.0 million repurchase agreement, variable rate.
(3)	Collateralized debt obligation of investment grade-rated debt secured directly or indirectly by real estate assets.
(4)	Represents amount outstanding on term loans.
(5)	Weighted average interest rate based on proportionate share.
(6)	Weighted average years remaining on maturities based on proportionate debt balance.
(7)	Maturity date can be extended to 03/2011 if certain criteria are met.
(8)	Maturity date can be extended to 03/2012 if certain criteria are met.
(9)	Represents amount outstanding on $100.0 million repurchase agreement, variable rate.
(10)	Amounts represent estimated 12 months debt service regardless of maturity date.

Page 39 of 42

LEXINGTON REALTY TRUST
Mortgage Maturity Schedule
As of June 30, 2008
($000)

Consolidated Properties
						Balloon Weighted
	Scheduled					Average Interest Rate
Year	Amortization		Balloon Payments			(%)
2008-remaining	$	27,514	$	6,093	(1)		7.32	%
2009		47,046		68,781	(2)		5.93
2010		34,454		110,569			6.83
2011		30,933		99,412			5.77
2012		30,994		183,794	(3)		5.98
	$	170,941	$	468,649			6.14	%

Joint Venture Investments — LXP Proportionate Share
					Balloon Weighted
	Scheduled				Average Interest Rate
Year	Amortization		Balloon Payments		(%)
2008-remaining	$	2,539	$	32,484		3.39	%
2009		5,412		154,594		3.91
2010		4,477		14,656		5.29
2011		4,571		22,128		5.89
2012		4,670		40,458		3.92
	$	21,669	$	264,320		4.09	%

Footnotes

(1)	Excludes corporate level debt of $5,611, variable rate 3.05% at 6/30/08.
(2)	Excludes corporate level debt of $197,931, variable rate 3.05% at 6/30/08.
(3)	Excludes corporate level debt of $325,000, fixed rate 5.45% at 6/30/08.

Page 40 of 42

LEXINGTON REALTY TRUST
Base Rent Estimates for Current Assets
6/30/2008
($000)

Year	Cash		GAAP
2008-remaining	$	178,440	$	179,374
2009		336,770		339,690
2010		297,274		301,003
2011		281,876		286,554
2012		256,398		263,158

Amounts assume all below market leases are renewed by the tenants at the option rate and no new or renegotiated lease are entered into for any other property.

Page 41 of 42

Investor Information

Transfer Agent	Investor Relations
BNY Mellon Shareowner Services 480 Washington Blvd. Jersey City NJ 07310-1900 (800) 850-3948 www.bnymellon.com/shareowner/isd	Patrick Carroll Executive Vice President and Chief Financial Officer Telephone (direct)       (212) 692-7215 Facsimile (main)      (212) 594-6600 E-mail      pcarroll@lxp.com

Research Coverage
Cantor Fitzgerald		Keefe, Bruyette & Woods
Philip Martin Matthew Thorp	(312) 469-7485 (312) 469-7484	Sheila K. McGrath	(212) 887-7793
		Lehman Brothers
		Ross L. Smotrich	(212)526-2306
Friedman, Billings, Ramsey		Raymond James & Assoc.
Gabe Poggi Merrill Ross	(703) 469-1141 (703) 312-9769	Paul Puryear	(727) 567-2253
J.P. Morgan Chase
Joseph Dazio, CFA	(212) 622-6416	Stifel Nicolaus
Michael W. Mueller, CFA	(212) 622-6689	John W. Guinee	(443) 224-1307
Anthony Paolone, CFA	(212) 622-6682
Gregory P. Stuart	(212) 622-5390

Page 42 of 42