LXP Industrial Trust (LXP) 8-K Results of Operations and Financial Condition

Quarterly Earnings and

Supplemental Operating and Financial Data

For the Nine Months Ended September 30, 2009

LEXINGTON REALTY TRUST

SUPPLEMENTAL REPORTING PACKAGE

For the Nine Months Ended September 30, 2009

Table of Contents

Section	Page
Third Quarter 2009 Earnings Press Release	3
Portfolio Data
3Q ’09 Leasing Summary	12
3Q ’09 Investment/Disposition Summary	13
Property Leases and Vacancies – Consolidated Portfolio	14
Property Leases and Vacancies – Net Lease Strategic Assets Fund	22
Lease Rollover Schedule – Cash Basis	24
Lease Rollover Schedule – GAAP Basis	25
3Q ’09 Financing Summary	26
Debt Maturity Schedule	27
2009 Mortgage Maturities by Property Type	28
2010 Mortgage Maturities by Property Type	29
2011 Mortgage Maturities by Property Type	30
2012 Mortgage Maturities by Property Type	31
Mortgages and Notes Payable	32
Noncontrolling Interest Properties – Partners’ Proportionate Share	39
Non-Consolidated Investments - Proportionate Share	40
Selected Balance Sheet Account Detail	41
Base Rent Estimates for Current Assets	42
Major Markets	43
Tenant Industry Diversification	44
Other Revenue Data	45
Top 10 Tenants or Guarantors	46
Investor Information	47

This Quarterly Earnings Release and Supplemental Reporting Package 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 periodic reports filed with the Securities and Exchange Commission, 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, including the impact of the current global financial and credit crisis, (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 Securities and Exchange Commission are available on Lexington’s website at www.lxp.com. Forward-looking statements, which are based on certain assumptions and describe 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.

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, November 5, 2009

LEXINGTON REALTY TRUST REPORTS THIRD QUARTER 2009 RESULTS

New York, NY – November 5, 2009 – Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the third quarter ended September 30, 2009.

Third Quarter 2009 Highlights

· Generated Company Funds From Operations (“Company FFO”) of $36.8 million or $0.30 per diluted share/unit, excluding certain items.

· Reduced overall debt by $68.9 million, including $29.2 million face amount of Exchangeable Notes at a 15.0% discount.

· Executed 23 new and renewal leases, totaling approximately 0.4 million square feet.

· Raised approximately $15.1 million through property and note sales.

· Secured an $11.5 million, 6.375% non-recourse mortgage due in 2014.

· Issued approximately 3.4 million common shares generating proceeds of $16.0 million.

· Recorded non-cash income of $7.0 million related to a forward equity commitment to repurchase 3.5 million common shares, impairment charges of $36.2 million on real estate and investments and $1.9 million from a deferred maintenance payment.

· Modified 2009 guidance to reflect 7.2 million common shares issued as part of the quarterly dividend payment and under the direct share purchase plan.

T. Wilson Eglin, President and Chief Executive Officer of Lexington stated, “Throughout the year we have stayed committed to reducing debt and strengthening our balance sheet. We have enhanced our capital position through accretive debt repurchases, asset sales from our investment portfolio and by issuing 20.6 million common shares this year. Furthermore, our diversified portfolio continues to perform well with overall occupancy of approximately 91.3% at quarter end.”

FINANCIAL RESULTS

Revenues

For the quarter ended September 30, 2009, total gross revenues were $97.3 million, compared with total gross revenues of $100.7 million for the quarter ended September 30, 2008.

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Company FFO Applicable to Common Shareholders/Unitholders

The following presents in tabular form items excluded from Company FFO for the periods presented:

	Three Months Ended										Nine Months Ended
	Sept 30, 2009 Millions(1)			Per Diluted Share/Unit		Sept 30, 2008 Millions(1)			Per Diluted Share/Unit		Sept 30, 2009 Millions(1)			Per Diluted Share/Unit			Sept 30, 2008 Millions (1)			Per Diluted Share/Unit
Reported Company FFO(A)	$	18.4		$	0.15	$	42.7		$	0.39	$	(39.0	)	$	(0.33	)	$	158.8		$	1.47
Severance    charges		—					—					—						2.0
New accounting pronouncements		0.3					0.8					1.1						2.8
Formation  costs – joint venture		—					—					—						1.1
Debt satisfaction,  net		(9.2	)				(2.5	)				(21.5	)					(34.9	)
Debt satisfaction, net – Concord		—					(2.5	)				—						(6.4	)
Forward equity commitment		(7.0	)				—					(2.6	)					—
Impairment losses – real estate		29.2					1.1					38.8						3.8
Impairment losses –  investments		0.5					—					1.6						—
Impairment losses/ reserves – Concord		—					3.6					71.4						32.6
Equity impairment - Concord		—					—					68.2						—
Impairment loss – JV		6.5					0.1					6.5						1.1
Lease termination/ deferred maintenance payments		(1.9	)				—					(3.2	)					(34.9	)
Land transaction income, net		—					—					(1.3	)					—
	$	36.8		$	0.30	$	43.3		$	0.39	$	120.0		$	1.02		$	126.0		$	1.17

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

Net Loss Attributable to Common Shareholders

For the quarter ended September 30, 2009, net loss attributable to common shareholders was ($28.3) million, or a loss of ($0.25) per diluted share, compared with net loss attributable to common shareholders for the quarter ended September 30, 2008 of ($10.6) million, or a loss of ($0.17) per diluted share.

Financing Activities and Balance Sheet Update

During the third quarter, Lexington refinanced a $13.2 million, 8.19% mortgage loan due in April 2010 with an $11.5 million, 6.375% mortgage loan due in August 2014.

Page 4 of 47

Overall debt was reduced in the third quarter by $68.9 million, including $29.2 million original principal amount of 5.45% Exchangeable Notes repurchased at a 15% discount. Subsequent to September 30, 2009, Lexington repurchased an additional $17.6 million original principal amount of these notes, leaving $87.7 million outstanding as of the date of this release. At September 30, 2009, Lexington had approximately $3.7 billion in total assets, including $80.1 million of cash and restricted cash and $2.2 billion in debt outstanding. As of September 30, 2009, the weighted average interest rate on Lexington’s debt was 5.6% with a weighted average maturity of 5.8 years. Approximately 91% of Lexington’s debt is subject to fixed interest rates.

Lexington issued approximately 3.4 million common shares in the quarter and an additional 1.0 million shares subsequent to quarter end generating proceeds of approximately $20.9 million. These proceeds were used to reduce overall indebtedness.

Common Share Dividend/Distribution

On September 15, 2009, Lexington announced it declared a regular quarterly dividend/distribution of $0.18 per share/unit, which was paid in a combination of cash and common shares on October 16, 2009, to common shareholders/unitholders of record as of September 25, 2009, equivalent toan annualized dividend of $0.72 per share. Lexington issued approximately 3.9 million common shares on October 16, 2009 and retained approximately $18.9 million of liquidity by paying 90% of the common share dividend in common shares.

OPERATING ACTIVITIES

Sales

During the quarter ended September 30, 2009, Lexington sold one vacant property to a third party for a sales price of $0.8 million. In addition, Lexington sold its investments in two debt securities for an aggregate sales price of $9.5 million and received $4.8 million as a result of the maturity and payoff of a third debt security investment.

Leasing Activity

At September 30, 2009, Lexington’s consolidated portfolio was approximately 91.3% leased.  For the quarter ended September 30, 2009, Lexington executed 23 leases (new and renewal) for approximately 0.4 million square feet. During the quarter, Lexington recognized $1.9 million from a deferred maintenance payment.

2009 EARNINGS GUIDANCE

Lexington is reducing its estimated Company FFO guidance to a range of $1.26 to $1.28 per diluted share/unit from $1.29 to $1.34 per diluted share/unit for the year ended December 31, 2009 to reflect the issuance of approximately 7.2 million common shares in connection with the quarterly common share dividend, the issuance of shares under the direct share purchase plan and no longer recognizing FFO relating to our investment in Concord. This guidance excludes the impact of certain items, is based on current expectations and is forward-looking.

3RDQUARTER 2009 CONFERENCE CALL

Lexington will host a conference call today, Thursday, November 5, 2009, at 11:00 a.m. Eastern Time, to discuss its results for the quarter ended September 30, 2009. Interested parties may participate in this conference call by dialing (888) 213-3752 or (913) 312-0718. A replay of the call will be available through November 19, 2009, at (888) 203-1112 or (719) 457-0820, Replay Pin Number: 2520143.

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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 November 5, 2010.

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 periodic reports filed with the Securities and Exchange Commission, 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, including the impact of the current global financial and credit crisis, (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 Securities and Exchange Commission  are available on Lexington’s website at www.lxp.com. Forward-looking statements, which are based on certain assumptions and describe 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.

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LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Three and Nine Months ended September 30, 2009 and 2008

(Unaudited and in thousands, except share and per share data)

	Three months ended September 30,						Nine months ended September 30,
	2009			2008			2009			2008
Gross Revenues:
Rental	$	86,394		$	90,226		$	261,645		$	296,971
Advisory and incentive fees		388			396			1,434			1,072
Tenant reimbursements		10,512			10,105			30,866			29,269
Total gross revenues		97,294			100,727			293,945			327,312
Expense applicable to revenues:
Depreciation and amortization		(45,401	)		(49,346	)		(136,985	)		(186,221	)
Property operating		(22,470	)		(20,379	)		(65,132	)		(56,771	)
General and administrative		(5,057	)		(7,105	)		(17,904	)		(25,453	)
Non-operating income		1,339			1,781			6,955			22,577
Interest and amortization expense		(33,017	)		(36,326	)		(100,655	)		(118,233	)
Debt satisfaction gains, net		3,152			2,590			16,868			35,364
Change in value of forward equity commitment		7,031			−			2,596			−
Impairment charges and loan losses		(23,668	)		−			(24,753	)		−
Gains on sale-affiliates		−			−			−			31,806
Income (loss) before provision for income taxes, equity in losses of non-consolidated entities and discontinued operations		(20,797	)		(8,058	)		(25,065	)		30,381
Provision for income taxes		(663	)		(651	)		(1,665	)		(2,582	)
Equity in losses of non-consolidated entities		(525	)		(1,525	)		(130,813	)		(23,171	)
Income (loss) from continuing operations		(21,985	)		(10,234	)		(157,543	)		4,628
Discontinued operations:
Income (loss) from discontinued operations		(97	)		(205	)		(24	)		488
Provision for income taxes		(2	)		(191	)		(54	)		(384	)
Debt satisfaction gains (charges), net		6,006			(120	)		4,607			(433	)
Gains on sales of properties		−			7,374			6,280			11,986
Impairment charges		(6,053	)		(1,063	)		(15,610	)		(3,757	)
Total discontinued operations		(146	)		5,795			(4,801	)		7,900
Net income (loss)		(22,131	)		(4,439	)		(162,344	)		12,528
Less net (income) loss attributable to noncontrolling interests		2			436			(1,841	)		4,016
Net income (loss) attributable to Lexington Realty Trust		(22,129	)		(4,003	)		(164,185	)		16,544
Dividends attributable to preferred shares- Series B		(1,590	)		(1,590	)		(4,770	)		(4,770	)
Dividends attributable to preferred shares- Series C		(1,702	)		(2,110	)		(5,516	)		(6,740	)
Dividends attributable to preferred shares- Series D		(2,926	)		(2,926	)		(8,777	)		(8,777	)
Redemption discount – Series C		−			−			−			5,678
Conversion dividend – Series C		−			−			(6,994	)		−
Net income (loss)  attributable to common shareholders	$	(28,347	)	$	(10,629	)	$	(190,242	)	$	1,935
Income (loss) per common share-basic:
Loss from continuing operations	$	(0.25	)	$	(0.22	)	$	(1.76	)	$	(0.04	)
Income (loss) from discontinued operations		−			0.05			(0.05	)		0.07
Net income  (loss) attributable to common shareholders	$	(0.25	)	$	(0.17	)	$	(1.81	)	$	0.03
Weighted average common shares outstanding - basic		112,217,415			64,433,457			105,490,039			61,485,277
Income (loss) per common share-diluted:
Loss from continuing operations	$	(0.25	)	$	(0.22	)	$	(1.76	)	$	(0.04	)
Income (loss) from discontinued operations		−			0.05			(0.05	)		0.07
Net income (loss) attributable to common shareholders	$	(0.25	)	$	(0.17	)	$	(1.81	)	$	0.03
Weighted average common shares outstanding-diluted		112,217,415			64,433,457			105,490,039			61,485,277
Amounts attributable to common shareholders:
Loss from continuing operations	$	(28,201	)	$	(13,969	)	$	(185,083	)	$	(2,111	)
Income (loss) from discontinued operations		(146	)		3,340			(5,159	)		4,046
Net income (loss) attributable to common shareholders	$	(28,347	)	$	(10,629	)	$	(190,242	)	$	1,935

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LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED BALANCE SHEETS

September 30, 2009 and December 31, 2008

(Unaudited and in thousands, except share and per share data)

	September 30, 2009			December 31, 2008
Assets:
Real estate, at cost	$	3,651,751		$	3,756,188
Less: accumulated depreciation and amortization		530,522			461,661
		3,121,229			3,294,527
Properties held for sale-discontinued operations		697			8,150
Intangible assets, net		282,721			343,192
Cash and cash equivalents		56,465			67,798
Restricted cash		23,657			31,369
Investment in and advances to non-consolidated entities		61,772			179,133
Deferred expenses, net		39,728			35,741
Notes receivable, net		61,364			68,812
Rent receivable-current		11,011			19,829
Rent receivable- deferred		12,784			16,499
Other assets		30,413			40,675
Total assets	$	3,701,841		$	4,105,725
Liabilities and Equity:
Liabilities:
Mortgages and notes payable	$	1,912,743		$	2,033,854
Exchangeable notes payable		102,590			204,074
Trust preferred securities		129,120			129,120
Contract rights payable		14,900			14,776
Dividends payable		8,328			24,681
Liabilities-discontinued operations		55			6,142
Accounts payable and other liabilities		43,643			33,814
Accrued interest payable		8,480			16,345
Deferred revenue-below market leases, net		108,861			121,722
Prepaid rent		14,784			20,126
		2,343,504			2,604,654
Commitments and contingencies
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 $104,760 and $129,915 respectively, and 2,095,200 and 2,598,300  shares issued and outstanding in 2009 and 2008, respectively		101,778			126,217
Series D Cumulative Redeemable Preferred, liquidation preference $155,000, 6,200,000 shares issued and outstanding		149,774			149,774
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 116,703,832 and 100,300,238 shares issued and outstanding in 2009 and 2008, respectively		12			10
Additional paid-in-capital		1,723,798			1,638,540
Accumulated distributions in excess of net income		(787,587	)		(569,131	)
Accumulated other comprehensive income (loss)		160			(15,650	)
Total shareholders’ equity		1,264,250			1,406,075
Noncontrolling interests		94,087			94,996
Total equity		1,358,337			1,501,071
Total liabilities and equity	$	3,701,841		$	4,105,725

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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 September 30,						Nine Months ended September 30,
	2009			2008			2009			2008
EARNINGS PER SHARE: (1)
Basic:
Loss from continuing operations attributable to common shareholders	$	(28,201	)	$	(13,969	)	$	(185,083	)	$	(2,111	)
Less : Unvested common share dividends		(127	)		(134	)		(385	)		(421	)
Loss attributable to common shareholders from continuing operations for earnings per share		(28,328	)		(14,103	)		(185,468	)		(2,532	)
Income (loss) from discontinued  operations attributable to common  shareholders		(146	)		3,340			(5,159	)		4,046
Net income (loss)  attributable to common shareholders for earnings per share - basic	$	(28,474	)	$	(10,763	)	$	(190,627	)	$	1,514
Weighted average number of common shares outstanding – basic		112,217,415			64,433,457			105,490,039			61,485,277
Income (loss) per common share-basic:
Loss  from continuing operations	$	(0.25	)	$	(0.22	)	$	(1.76	)	$	(0.04	)
Income (loss) from discontinued operations		-			0.05			(0.05	)		0.07
Net income (loss) attributable to common shareholders	$	(0.25	)	$	(0.17	)	$	(1.81	)	$	0.03
Diluted:
Loss attributable to common shareholders from continuing operations for earnings per share-basic	$	(28,328	)	$	(14,103	)	$	(185,468	)	$	(2,532	)
Incremental loss attributed to assumed conversion of dilutive securities		-			-			-			-
Loss attributable to common shareholders from continuing operations for earnings per share		(28,328	)		(14,103	)		(185,468	)		(2,532	)
Income (loss) from discontinued operations attributable to common shareholders		(146	)		3,340			(5,159	)		4,046
Net income (loss) attributable to common  shareholders for earnings per share - diluted	$	(28,474	)	$	(10,763	)	$	(190,627	)	$	1,514
Weighted average number of common shares used in calculation of basic earnings per share		112,217,415			64,433,457			105,490,039			61,485,277
Add incremental shares representing:
Shares issuable upon conversion of dilutive securities		-			-			-			-
Weighted average number of shares used in calculation of diluted earnings per share		112,217,415			64,433,457			105,490,039			61,485,277
Income (loss)  per common share-diluted:
Loss from continuing operations	$	(0.25	)	$	(0.22	)	$	(1.76	)	$	(0.04	)
Income (loss) from discontinued operations		-			0.05			(0.05	)		0.07
Net income (loss) attributable to common shareholders	$	(0.25	)	$	(0.17	)	$	(1.81	)	$	0.03

Page 9 of 47

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 September 30,						Nine Months ended September 30,
	2009			2008			2009			2008
COMPANY FUNDS FROM OPERATIONS: (1) (2)
Basic and Diluted:
Net income (loss) attributable to common shareholders	$	(28,347	)	$	(10,629	)	$	(190,242	)	$	1,935
Adjustments:
Depreciation and amortization		44,994			50,895			136,404			191,636
Noncontrolling  interests- OP units		221			(1,919	)		933			(10,197	)
Amortization of leasing commissions		787			481			2,269			1,493
Joint venture and noncontrolling interest adjustment		(910	)		9,177			5,381			16,699
Preferred dividends- Series C		1,702			2,110			12,510			1,062
Gains on sale of properties		-			(7,374	)		(6,280	)		(43,792	)
Gain on sale of marketable securities		(19	)		-			(19	)		-
Company FFO	$	18,428		$	42,741		$	(39,044	)	$	158,836
Basic:
Weighted average shares outstanding-basic EPS		112,217,415			64,433,457			105,490,039			61,485,277
Unvested share-based payment awards		703,088			406,174			706,099			425,642
Operating partnership units		5,599,397			39,435,581			5,449,726			39,532,762
Preferred Shares- Series C		4,950,907			5,633,894			5,461,335			6,249,276
Weighted average shares outstanding-basic Company FFO		123,470,807			109,909,106			117,107,199			107,692,957
Company FFO per share	$	0.15		$	0.39		$	(0.33	)	$	1.47
Diluted:
Weighted average shares outstanding – diluted EPS		112,217,415			64,433,457			105,490,039			61,485,277
Unvested share-based payment awards		703,088			406,174			706,099			425,642
Operating partnership units		5,599,397			39,435,581			5,449,726			39,532,762
Preferred Shares- Series C		4,950,907			5,633,894			5,461,335			6,249,276
Weighted average shares outstanding – diluted Company FFO		123,470,807			109,909,106			117,107,199			107,692,957
Company FFO per share	$	0.15		$	0.39		$	(0.33	)	$	1.47

1 Effective January 1, 2009 the Company adopted new guidance issued by the FASB relating to the accounting for convertible debt instruments that may be settled in cash upon conversion (including partial cash settlement) and new guidance on determining whether instruments granted in share-based payment transactions are participating securities, both of which required retrospective application to prior periods. In accordance with the new FASB guidance, net income attributable to common shareholders and earnings per common share and accordingly FFO and FFO per common share are adjusted for an allocation of net income to unvested share awards. However, net losses will not be allocated to unvested share awards. The Company’s FFO per common share (diluted) and earnings per common share (diluted) were reduced by the Company’s implementation of this new guidance. FFO per common share (diluted) was reduced by $0.01 for the three months ended September 30, 2008, and $0.07 for the nine months ended September 30, 2008 respectively. Loss per common share (diluted) was increased by $0.01 for the three months ended September 30, 2008, and loss per common share (diluted) was decreased by $0.10 for the nine months ended September 30, 2008.

2 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.

Page 10 of 47

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 11 of 47

LEXINGTON REALTY TRUST

2009 Third Quarter Leasing Summary

	NEW LEASES
	Tenants/Guarantors	Location		Property Type	Lease Expiration Date		Sq. Ft.		New Cash Rent Per Annum ($000)		New GAAP Rent Per Annum ($000)
	Office
1	Green Retail Ventures, LLC	Dallas	TX	Office		07/2010		969	$	14	$	14
2	Pattern Energy Group, L.P.	Dallas	TX	Office		02/2012		408	$	6	$	6
3	XO Communications Services, Inc.	Westerville	OH	Office		07/2012		315	$	2	$	2
4	Binder & Binder – The National Social Security Disability Advocates (GA), LLC	Decatur	GA	Office		11/2014		2,679	$	57	$	57
5	Ellis Hoyle King De Klerk, LLC	Decatur	GA	Office		11/2014		1,817	$	37	$	37
6	Caswell Zachry Grizzard, LLC	Dallas	TX	Office		01/2015		2,967	$	42	$	42
7	Children’s Beginning	Dallas	TX	Office		02/2015		8,377	$	72	$	72
8	REL Properties, Inc.	Decatur	GA	Office		02/2015		2,717	$	59	$	59
9	Dorough & Dorough, LLC	Decatur	GA	Office		04/2015		9,527	$	207	$	207
10	Harbor Investment Advisory, LLC	Baltimore	MD	Office		04/2015		4,316	$	117	$	117
11	Origin Title and Escrow, Inc.	Decatur	GA	Office		05/2020		1,489	$	30	$	30
11	Total office new leases							35,581	$	643	$	643
	Industrial
1	Evergreen Presbyterian Ministries, Inc.	Antioch	TN	Industrial		11/2014		15,758	$	138	$	138
12	TOTAL NEW LEASES							51,339	$	781	$	781

	LEASE EXTENSIONS
	Tenants/Guarantors	Location		Prior Term		Lease Expiration Date		Sq. Ft.		New Cash Rent Per Annum ($000)		Prior Cash Rent Per Annum ($000)		New GAAP Rent Per Annum ($000)		Prior GAAP Rent Per Annum ($000)
	Office
1	Diabetech, LP	Dallas	TX		06/2009		06/2010		424	$	6	$	5	$	6	$	5
2	Patterson Thoma Company, Inc.	Dallas	TX		07/2009		07/2010		2,568	$	41	$	45	$	41	$	45
3	IRS	Beaumont	TX		07/2009		07/2011		10,960	$	240	$	240	$	240	$	240
4	CDI Corporation	Beaumont	TX		06/2009		06/2013		8,726	$	37	$	144	$	37	$	144
5	CAC Group, Inc. (1)	San Francisco	CA		10/2009		10/2014		8,692	$	174	$	182	$	174	$	218
6	Kenney & Markowitz, LLP (1)	San Francisco	CA		12/2009		12/2014		12,435	$	249	$	292	$	249	$	299
7	Employers Compensation Insurance Company (1)(3)	San Francisco	CA		06/2010		06/2015		17,670	$	406	$	566	$	454	$	596
8	Menke & Associates (1)	San Francisco	CA		10/2009		10/2015		12,435	$	261	$	249	$	261	$	309
9	Reckitt Benckiser, Inc.	Parsippany	NJ		01/2016		01/2021		163,386	$	5,134	$	5,032	$	5,060	$	4,824
10	CoxCom, Inc. (2)	Tucson	AZ		09/2016		07/2022		28,591	$	507	$	465	$	533	$	472
10	Total office lease extensions								265,887	$	7,055	$	7,220	$	7,055	$	7,152
	Retail
1	Safeway Stores, Inc.	Billings	MT		05/2010		05/2015		40,800	$	186	$	186	$	333	$	333
11	TOTAL LEASE EXTENSIONS								306,687	$	7,241	$	7,406	$	7,388	$	7,485
23	TOTAL NEW AND RENEWED LEASES								358,026	$	8,022	$	7,406	$	8,169	$	7,485

Footnotes

(1) Property is in a partnership that is a variable interest entity (VIE) that is consolidated as we are the primary beneficiary of the VIE. Our ownership is 0.01%.

(2) Held as an investment in Net Lease Strategic Assets Fund.

(3) Amounts represent full occupancy starting 03/2010; Prior Cash and Prior GAAP rents for 23,342 square feet.

Page 12 of 47

LEXINGTON REALTY TRUST

2009 Third Quarter Investment/Disposition Summary

	INVESTMENTS - FEE POSITIONS - LAND
	Tenants/Guarantors	Location		Property Type	Basis ($000)
1	Kohl's Department Stores, Inc.	Eau Claire	WI	Retail	$	135
1	TOTAL INVESTMENTS				$	135

	DISPOSITIONS - VACANT PROPERTIES
	Tenants/Guarantors	Location		Property Type	Gross Sale Price ($000)		Impairment Recognized ($000)			Month of Disposition
1	Vacant	Lubbock	TX	Retail	$	825	$	(1,306	)	Sept
1	TOTAL DISPOSITIONS (1)				$	825	$	(1,306	)

Footnotes

(1) In addition, the property formerly leased to Circuit City Stores, Inc. in Richmond, Virginia was foreclosed by the lender. We recognized a gain on debt satisfaction of $6.0 million.

Page 13 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year Built/Renovated/  Expanded	Sq.Ft. Leased or Available (1)	Cash Rent  as of 9/30/2009 ($000) (2)	GAAP  Base Rent   as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
OFFICE PROPERTIES
2009	11/30/2009	5724 West Las Positas Blvd.	Pleasanton	CA	(9)	NK Leasehold	1984	40,914	620	510	0
	12/31/2009	1701 Market St.	Philadelphia	PA	(6)(10)	Sun National Bank	1957/1997	5,315	159	159	0
2010	1/14/2010	421 Butler Farm Rd.	Hampton	VA	—	Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company)	2000	56,515	587	539	0
	1/31/2010	4848 129th East Ave.	Tulsa	OK	—	Metris Direct, Inc. (Metris Companies, Inc.)	2000	101,100	980	980	0
	2/10/2010	130 East Shore Dr.	Glen Allen	VA	—	Capital One Services, Inc.	2000	33,990	502	523	1,070
	3/31/2010	120 East Shore Dr.	Glen Allen	VA	—	Capital One Services, Inc.	2000	77,045	758	757	1,042
	7/31/2010	350 Pine St.	Beaumont	TX	—	Honeywell International, Inc.	1981	7,045	83	83	0
	10/31/2010	12209 West Markham St.	Little Rock	AR	—	Entergy Arkansas, Inc.	1980	36,311	178	178	237
	11/30/2010	6200 Northwest Pkwy.	San Antonio	TX	—	United Healthcare Services, Inc.	2000	142,500	1,230	1,216	1,968
	12/31/2010	100 Barnes Rd.	Wallingford	CT	—	3M Company	1978/1985/1990/1993	44,400	491	454	475
2011	2/28/2011	4200 RCA Blvd.	Palm Beach Gardens	FL	—	The Wackenhut Corporation	1996	96,118	1,360	1,359	2,402
	9/30/2011	200 Lucent Ln.	Cary	NC	—	Alcatel-Lucent USA, Inc.	1999	124,944	1,660	1,544	0
	11/30/2011	207 Mockingbird Ln.	Johnson City	TN	—	SunTrust Bank	1979	63,800	506	567	675
	12/20/2011	15 Nijborg	3927 DA Renswoude	The Netherlands	—	AS Watson (Health and Beauty Continental Europe, BV)	1993/1994	17,610	257	257	0
	12/31/2011	2050 Roanoke Rd.	Westlake	TX	—	Chrysler Financial Services Americas, LLC	2001	130,290	2,745	2,591	0
2012	1/31/2012	26210 and 26220 Enterprise Court	Lake Forest	CA	—	Apria Healthcare, Inc. (Apria Healthcare Group, Inc.)	2001	100,012	1,434	1,343	0
		4000 Johns Creek Pkwy.	Suwanee	GA	—	Kraft Foods North America, Inc.	2001	73,264	1,051	1,039	0
		1275 Northwest 128th St.	Clive	IA	—	Principal Life Insurance Company	2004	61,180	599	599	935
	3/31/2012	1701 Market St.	Philadelphia	PA	(6)(10)	Car-Tel Communications, Inc.	1957/1997	1,220	37	36	0
		3940 South Teller St.	Lakewood	CO	—	MoneyGram Payment Systems, Inc.	2002	68,165	877	650	1,295
	4/30/2012	2300 Litton Ln.	Hebron	KY	—	Zwicker & Associates, P.C.	1986/1996	14,511	59	60	0
	6/30/2012	275 South Valencia Ave.	Brea	CA	—	Bank of America NT & SA	1983	637,503	6,533	6,596	0
	8/31/2012	2300 Litton Ln.	Hebron	KY	—	AGC Automotive Americas Company (AFG Industries, Inc.)	1986/1996	25,629	153	152	0
		5757 Decatur Blvd.	Indianapolis	IN	—	Allstate Insurance Company	2002	84,200	1,030	1,161	0
						Damar Services, Inc.	2002	5,756	31	31	47
		2706 Media Center Dr.	Los Angeles	CA	—	Sony Electronics, Inc.	2000	20,203	208	198	0
	10/31/2012	4455 American Way	Baton Rouge	LA	—	Bell South Mobility, Inc.	1997	70,100	829	835	1,207
	11/7/2012	2706 Media Center Dr.	Los Angeles	CA	—	Playboy Enterprises, Inc.	2000	63,049	1,084	943	0
	11/14/2012	2211 South 47th St.	Phoenix	AZ	—	Avnet, Inc.	1997	176,402	1,806	1,694	0
	12/31/2012	200 Executive Blvd. South	Southington	CT	—	Hartford Fire Insurance Company	1984/2006	153,364	1,260	1,218	0
2013	1/31/2013	12600 Gateway Blvd.	Fort Meyers	FL	—	Gartner, Inc.	1998	62,400	824	819	0
		2300 Litton Ln.	Hebron	KY	—	FTJ FundChoice, LLC	1986/1996	10,752	40	36	0
		810 & 820 Gears Rd.	Houston	TX	—	IKON Office Solutions, Inc.	2000	157,790	1,672	1,688	0
	3/31/2013	3165 McKelvey Rd.	Bridgeton	MO	—	BJC Health System	1981	52,994	288	395	0
		8900 Freeport Pkwy.	Irving	TX	—	Nissan Motor Acceptance Corporation (Nissan North America, Inc.)	2003	268,445	3,615	3,667	0
	4/30/2013	Sandlake Rd./Kirkman Rd.	Orlando	FL	—	Lockheed Martin Corporation	1982	184,000	720	1,402	960
	5/31/2013	6303 Barfield Rd.	Atlanta	GA	—	International Business Machines Corporation (Internet Security Systems, Inc.)	2000/2001	238,600	3,528	3,661	0
	6/30/2013	2210 Enterprise Dr.	Florence	SC	(6)	JPMorgan Chase Bank, NA	1998	179,300	941	941	0
	7/31/2013	2300 Litton Ln.	Hebron	KY	—	Zwicker & Associates, P.C.	1986/1996	25,925	83	81	0
	9/30/2013	9200 South Park Center Loop	Orlando	FL	(6)	Corinthian Colleges, Inc.	2003	59,927	933	869	0
	11/30/2013	1110 Bayfield Dr.	Colorado Springs	CO	—	Honeywell International, Inc.	1980/1990/2002	166,575	1,307	1,200	1,713
	12/13/2013	3333 Coyote Hill Rd.	Palo Alto	CA	—	Xerox Corporation	1973/1975/1982	202,000	2,624	2,543	0
	12/31/2013	2550 Interstate Dr.	Harrisburg	PA	—	New Cingular Wireless PCS, LLC	1998	81,859	1,366	1,403	0

Page 14 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year Built/Renovated/  Expanded	Sq.Ft. Leased or Available (1)	Cash Rent   as of 9/30/2009 ($000) (2)	GAAP  Base Rent   as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
2014	1/31/2014	1701 Market St.	Philadelphia	PA	(10)	Morgan, Lewis & Bockius, LLC	1957/1997	293,170	3,349	3,348	5,149
		6226 West Sahara Ave.	Las Vegas	NV	—	Nevada Power Company	1982	282,000	5,802	3,006	2,754
	2/28/2014	1500 Hughes Way	Long Beach	CA	—	Fluor Enterprises, Inc.	1981	86,610	1,091	1,449	0
	3/15/2014	101 East Erie St.	Chicago	IL	—	Draftfcb, Inc. (Interpublic Group of Companies, Inc.)	1986	218,414	3,101	3,754	0
	5/31/2014	3476 Stateview Blvd.	Fort Mill	SC	—	Wells Fargo Bank, NA	2002	169,218	2,020	2,023	0
		3480 Stateview Blvd.	Fort Mill	SC	—	Wells Fargo Bank, NA	2004	169,083	2,574	2,587	0
		859 Mount Vernon Hwy.	Atlanta	GA	(16)	International Business Machines Corporation (Internet Security Systems, Inc.)	2004	50,400	903	772	0
	7/31/2014	16676 Northchase Dr.	Houston	TX	—	Anadarko Petroleum Corporation	2003	101,111	1,211	1,220	0
		350 Pine St.	Beaumont	TX	—	Entergy Gulf States, Inc.	1981	125,406	800	947	0
	9/30/2014	333 Mt. Hope Ave.	Rockaway	NJ	—	BASF Corporation	1981/2002/2004	95,500	1,683	1,592	0
	10/31/2014	1409 Centerpoint Blvd.	Knoxville	TN	—	Alstom Power, Inc.	1997	84,404	1,187	1,216	0
		2800 Waterford Lake Dr.	Midlothian	VA	—	Alstom Power, Inc.	2000	99,057	1,473	1,511	0
		700 US Hwy. Route 202-206	Bridgewater	NJ	—	Biovail Pharmaceuticals, Inc. (Biovail Corporation)	1985/2003/2004	115,558	1,517	2,136	0
	12/14/2014	5150 220th Ave.	Issaquah	WA	—	OSI Systems, Inc. (Instrumentarium Corporation)	1992	106,944	1,593	1,613	0
		22011 Southeast 51st St.	Issaquah	WA	—	OSI Systems, Inc. (Instrumentarium Corporation)	1987	95,600	1,424	1,424	0
	12/31/2014	180 South Clinton St.	Rochester	NY	(6)	Frontier Corporation	1988/2000	226,000	2,229	2,224	0
		275 Technology Dr.	Canonsburg	PA	—	ANSYS, Inc.	1996	107,872	1,072	1,034	0
		3535 Calder Ave.	Beaumont	TX	—	Compass Bank	1977	49,639	512	512	0
		400 Butler Farm Rd.	Hampton	VA	—	Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company)	1999	100,632	905	931	0
2015	1/31/2015	26555 Northwestern Hwy.	Southfield	MI	—	Federal-Mogul Corporation	1963/1965/1988/1989	187,163	869	1,064	0
		130 East Shore Dr.	Glen Allen	VA	—	Admiral Americas, LLC	2000	26,610	18	182	0
	4/30/2015	13775 McLearen Rd.	Herndon	VA	—	Equant, Inc. (Equant, NV)	1984/1988/1992	125,293	1,544	1,598	0
	6/30/2015	389-399 Interpace Hwy.	Parsippany	NJ	(18)(20)	Sanofi-aventis U.S., Inc. (Aventis, Inc. and Aventis Pharma Holding GmbH)	1999	133,647	2,814	2,763	0
	7/1/2015	33 Commercial St.	Foxboro	MA	—	Invensys Systems, Inc. (Siebe, Inc.)	1982/1987	164,689	2,578	2,578	3,024
	7/31/2015	4001 International Pkwy.	Carrollton	TX	—	Motel 6 Operating, LP (Accor S.A.)	2003	138,443	2,300	2,405	3,612
	9/27/2015	10001 Richmond Ave.	Houston	TX	—	Baker Hughes, Inc.	1976/1984	554,385	8,163	5,531	6,596
		12645 West Airport Rd.	Sugar Land	TX	—	Baker Hughes, Inc.	1997	165,836	2,091	1,457	1,976
	9/30/2015	500 Olde Worthington Rd.	Westerville	OH	(5)	InVentiv Communications, Inc.	2000	97,000	834	942	0
		550 Business Center Dr.	Lake Mary	FL	—	JPMorgan Chase Bank, NA	1999	125,920	2,285	1,308	0
		600 Business Center Dr.	Lake Mary	FL	—	JPMorgan Chase Bank, NA	1996	125,155	2,361	1,244	0
	10/31/2015	13430 North Black Canyon Fwy.	Phoenix	AZ	—	Bull HN Information Systems, Inc.	1981/1982/2005/2007/2009	42,320	389	422	0
2016	3/31/2016	13430 North Black Canyon Fwy.	Phoenix	AZ	—	Money Management International	1981/1982/2005/2007/2009	28,710	459	470	0
	4/30/2016	11511 Luna Rd.	Farmers Branch	TX	—	Haggar Clothing Company (Texas Holding Clothing Corporation and Haggar Corporation)	2000	180,507	1,638	2,391	2,531
		2000 Eastman Dr.	Milford	OH	—	Siemens Shared Services, LLC	1991	221,215	1,865	1,367	2,486
	7/31/2016	1600 Viceroy Dr.	Dallas	TX	—	Visiting Nurse Association	1986	48,027	486	462	0
		13430 North Black Canyon Fwy.	Phoenix	AZ	—	Associated Billing Services, LLC	1981/1982/2005/2007/2009	17,767	226	231	0
	10/31/2016	104 & 110 South Front St.	Memphis	TN	—	Hnedak Bobo Group, Inc.	1871/1988/1999	37,229	363	376	0
	11/30/2016	4000 Johns Creek Pkwy.	Suwanee	GA	—	Perkin Elmer Instruments, LLC	2001	13,955	168	174	0
	12/31/2016	37101 Corporate Dr.	Farmington Hills	MI	—	TEMIC Automotive of North America, Inc.	2001	119,829	2,305	1,832	0
2017	1/31/2017	6301 Gaston Ave.	Dallas	TX	—	Wells Fargo	1970/1981	16,431	111	111	0
	4/30/2017	1315 West Century Dr.	Louisville	CO	—	Global Healthcare Exchange, Inc. (Global Healthcare Exchange, LLC)	1987/2006	106,877	993	1,200	0
	9/30/2017	9201 East Dry Creek Rd.	Centennial	CO	—	The Shaw Group, Inc.	2001/2002	128,500	1,647	1,779	0
2018	5/30/2018	13651 McLearen Rd.	Herndon	VA	—	US Government	1987	159,664	2,245	2,539	0
	5/31/2018	2300 Litton Ln.	Hebron	KY	—	Great American Insurance Company	1986/1996	3,623	12	12	99

Page 15 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year  Built/Renovated/  Expanded	Sq.Ft. Leased  or Available (1)	Cash Rent   as of 9/30/2009 ($000) (2)	GAAP   Base Rent   as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
	6/14/2018	17 Nijborg	3927 DA Renswoude	The Netherlands	—	AS Watson (Health and Beauty Continental Europe, BV)	1993/1994	114,195	2,294	1,828	0
	7/31/2018	4200 RCA Blvd.	Palm Beach Gardens	FL	—	Office Suites Plus Properties, Inc.	1996	18,400	320	337	0
	9/15/2018	295 Chipeta Way	Salt Lake City	UT	—	Northwest Pipeline Corporation	1982	295,000	4,771	4,771	3,463
	9/30/2018	1701 Market St.	Philadelphia	PA	(6)	Brinker Corner Bakery II, LLC	1957/1997	8,070	144	158	0
	11/30/2018	4201 Marsh Ln.	Carrollton	TX	—	Carlson Restaurants Worldwide, Inc. (Carlson Companies, Inc.)	2003	130,000	1,445	1,482	0
	12/22/2018	5200 Metcalf Ave.	Overland Park	KS	—	Swiss Re America Holding Corporation	1980/1990/2004/2005	320,198	3,248	3,272	0
	12/31/2018	1500 Hughes Way	Long Beach	CA	(11)	Molina Healthcare, Inc.	1981	158,074	1,373	2,525	0
2019	1/31/2019	1600 Viceroy Dr.	Dallas	TX	—	TFC Services, Inc. (Freeman Decorating Company)	1986	124,735	899	1,116	0
	4/1/2019	9201 Stateline Rd.	Kansas City	MO	—	Swiss Re America Holding Corporation	1963/1973/1985/2003	155,925	1,547	1,547	0
	6/19/2019	3965 Airways Blvd.	Memphis	TN	—	Federal Express Corporation	1982/1983/1985	521,286	5,343	5,260	5,375
	7/31/2019	500 Jackson St.	Columbus	IN	—	Cummins, Inc.	1984	390,100	3,229	3,405	4,925
	9/30/2019	13430 North Black Canyon Fwy.	Phoenix	AZ	—	Brown Mackie College-Phoenix, Inc. (Education Management Corporation)	1981/1982/2005/2007/2009	24,834	1	283	0
	10/31/2019	10475 Crosspoint Blvd.	Fishers	IN	—	John Wiley & Sons, Inc.	1999	141,047	1,797	1,701	0
	12/31/2019	850-950 Warrenville Rd.	Lisle	IL	(5)	National Louis University	1985	99,414	993	1,254	0
2020	1/31/2020	10300 Kincaid Dr.	Fishers	IN	(8)	JPMorgan Chase Bank, NA	1999	193,000	2,537	2,081	0
		130 East Shore Dr.	Glen Allen	VA	—	Sheltering Arms Hospital, Inc.	2000	19,075	0	0	0
	2/14/2020	5600 Broken Sound Blvd.	Boca Raton	FL	(6)	Océ Printing Systems USA, Inc. (Oce-USA Holding, Inc.)	1983/2002	136,789	1,616	1,676	0
	7/8/2020	1460 Tobias Gadsen Blvd.	Charleston	SC	(6)	Hagemeyer North America, Inc.	2005	50,076	572	630	0
2021	1/31/2021	389-399 Interpace Hwy.	Parsippany	NJ	(17)(20)	Sanofi-aventis U.S., Inc. (Aventis, Inc. and Aventis Pharma Holding GmbH)	1999	206,593	4,105	4,025	0
	2/28/2021	1500 Hughes Way	Long Beach	CA	(6)(11)	Jacobs Engineering Group, Inc.	1981	85,603	729	729	0
	3/31/2021	1311 Broadfield Blvd.	Houston	TX	—	Transocean Offshore Deepwater Drilling, Inc. (Transocean Sedco Forex, Inc.)	2000	155,991	2,252	2,117	0
	6/30/2021	1415 Wyckoff Rd.	Wall	NJ	—	New Jersey Natural Gas Company	1983	157,511	2,193	2,193	4,224
	11/30/2021	29 South Jefferson Rd.	Whippany	NJ	—	CAE SimuFlite, Inc.	2006/2008	123,734	1,720	1,745	2,069
2022	12/31/2022	147 Milk St.	Boston	MA	—	Harvard Vanguard Medical Assoc.	1910	52,337	1,149	1,246	0
2023	3/31/2023	6555 Sierra Dr.	Irving	TX	—	TXU Energy Retail Company, LLC (Texas Competitive Electric Holdings Company, LLC)	1999	247,254	1,691	2,214	0
	7/31/2023	11201 Renner Blvd.	Lenexa	KS	(6)	Applebee’s Services, Inc. (DineEquity, Inc.)	2007	178,000	2,641	2,927	0
2025	11/30/2025	11707 Miracle Hills Dr.	Omaha	NE	—	Infocrossing, LLC (Infocrossing, Inc.)	1988/1995	85,200	875	875	0
	12/31/2025	2005 East Technology Cir.	Tempe	AZ	—	Infocrossing, Inc.	1998	60,000	846	846	0
NA	NA	10 John St.	Clinton	CT	(12)	(Available for Lease)	1972	41,188	0	0	0
		100 Light St.	Baltimore	MD	(7)	(Available for Lease)(Prior tenant Legg Mason Tower, Inc.)	1973	366,845	6,011	6,011	0
		1500 Hughes Way	Long Beach	CA	(11)	(Available for Lease)	1981	159,767	0	0	0
		160 Clairemont Ave.	Decatur	GA	—	(Available for Lease)	1983	53,150	0	0	0
		1600 Viceroy Dr.	Dallas	TX	—	(Available for Lease)	1986	48,359	0	0	0
		1701 Market St.	Philadelphia	PA	(10)	Parking Operators	1957/1997	0	1,731	1,731	0
		255 California St.	San Francisco	CA	(9)	(Available for Lease)	1959	37,305	0	0	0
		350 Pine St.	Beaumont	TX	—	(Available for Lease)	1981	74,974	0	0	0
		5550 Tech Center Dr.	Colorado Springs	CO	(7)	(Available for Lease)(Prior tenant Federal Express Corporation)	1982	61,690	280	249	0
		6277 Sea Harbor Dr.	Orlando	FL	(7)	(Available for Lease)(Prior tenant Harcourt Brace Jovanovich, Inc.)	1984	355,840	3,023	2,796	0
		6301 Gaston Ave.	Dallas	TX	—	(Available for Lease)	1970/1981	64,398	0	0	0
		1032 Fort St. Mall	Honolulu	HI	—	Parking Operators	1979/2002	0	942	942	0
		13430 North Black Canyon Fwy.	Phoenix	AZ	—	(Available for Lease)	1981/1982/2005/2007/2009	25,309	0	0	0
		100 East Shore Dr.	Glen Allen	VA	—	(Available for Lease)	1999	3,263	0	0	0
		101 East Erie St.	Chicago	IL	—	(Available for Lease)	1986	12,270	0	0	0
		King St.	Honolulu	HI	—	(Available for Lease)	1979/2002	11,420	0	0	0

Page 16 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year Built/Renovated/  Expanded	Sq.Ft. Leased or Available (1)	Cash Rent as of 9/30/2009 ($000) (2)	GAAP Base Rent as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
		17770 Cartwright Rd.	Irvine	CA	(13)	(Available for Lease)	1982	27,708	0	0	0
		30 Light St.	Baltimore	MD	—	Parking Operators	1973	0	157	157	0
Various	Various	100 Light St.	Baltimore	MD	—	Multi-Tenant	1973	156,395	3,455	3,455	0
		160 Clairemont Ave.	Decatur	GA	—	Multi-Tenant	1983	68,536	602	602	0
		255 California St.	San Francisco	CA	(9)	Multi-Tenant	1959	136,150	2,731	2,886	0
		350 Pine St.	Beaumont	TX	—	Multi-Tenant	1981	217,773	2,571	2,578	0
		6301 Gaston Ave.	Dallas	TX	—	Multi-Tenant	1970/1981	93,026	1,020	1,020	0
		100 East Shore Dr.	Glen Allen	VA	—	Multi-Tenant	1999	64,245	971	982	0
		King St.	Honolulu	HI	—	Multi-Tenant	1979/2002	227,924	1,001	999	0
		17770 Cartwright Rd.	Irvine	CA	(13)	Multi-Tenant	1982	115,457	1,775	1,888	0
OFFICE TOTAL/WEIGHTED AVERAGE						91.8% Leased		16,443,868	$          196,858	$          193,253

Notes

Excludes the property in Houston, Texas which the Company expects to return to the lender in 4Q 09.

Page 17 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year Built/Renovated/  Expanded	Sq.Ft. Leased  or Available (1)	Cash Rent  as of 9/30/2009 ($000) (2)	GAAP   Base Rent   as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
INDUSTRIAL PROPERTIES
2009	11/30/2009	191 Arrowhead Dr.	Hebron	OH	(15)	Owens Corning Insulating Systems, LLC	1999	102,960	215	215	0
2010	4/30/2010	2203 Sherrill Dr.	Statesville	NC	—	LA-Z-Boy Greensboro, Inc. (LA-Z-Boy Inc.)	1999/2002	639,600	1,236	1,427	0
	5/31/2010	200 Arrowhead Dr.	Hebron	OH	—	Owens Corning Insulating Systems, LLC	2000	400,522	695	677	881
2011	3/31/2011	2455 Premier Dr.	Orlando	FL	—	Walgreen Company	1980	205,016	381	589	508
	5/31/2011	291 Park Center Dr.	Winchester	VA	(5)	Kraft Foods North America, Inc.	2001	344,700	1,206	1,183	0
	9/25/2011	3820 Micro Dr.	Millington	TN	(6)	Ingram Micro, L.P (Ingram Micro, Inc.)	1997	701,819	1,830	1,778	0
	9/30/2011	1601 Pratt Ave.	Marshall	MI	—	Joseph Campbell Company	1979	58,300	93	93	0
2012	8/4/2012	101 Michelin Dr.	Laurens	SC	—	CEVA Logistics US, Inc. (TNT Holdings BV)	1991/1993	1,164,000	2,560	2,478	2,619
		7111 Crabb Rd.	Temperance	MI	—	CEVA Logistics US, Inc. (TNT Holdings BV)	1978/1993	744,570	1,716	1,660	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	1,414	1,376	2,081
	12/31/2012	245 Salem Church Rd.	Mechanicsburg	PA	—	Exel Logistics, Inc. (NFC plc)	1985	252,000	652	649	0
2013	10/31/2013	7150 Exchequer Dr.	Baton Rouge	LA	—	Staples, Inc.	1998/2005	79,086	345	329	0
2014	1/2/2014	2415 US Hwy. 78 East	Moody	AL	—	CEVA Logistics US, Inc. (TNT Holdings BV)	2004	595,346	790	790	1,054
	1/31/2014	1133 Poplar Creek Rd.	Henderson	NC	—	Staples, Inc.	1998/2006	196,946	619	607	0
	11/30/2014	6050 Dana Way	Antioch	TN	—	Evergreen Presbyterian Ministries, Inc.	1999	15,758	0	0	0
	12/31/2014	3686 South Central Ave.	Rockford	IL	—	Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson Transportation Company, Inc.)	1992	90,000	303	236	446
		75 North St.	Saugerties	NY	(14)	Rotron, Inc. (EG&G)	1979	52,000	92	174	122
2015	12/31/2015	749 Southrock Dr.	Rockford	IL	—	Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson Transportation Company, Inc.)	1992	150,000	338	366	525
2016	2/28/2016	7670 Hacks Cross Rd.	Olive Branch	MS	—	MAHLE Clevite, Inc. (MAHLE Industries, Inc.)	1989	268,104	716	687	0
	3/31/2016	19500 Bulverde Rd.	San Antonio	TX	—	Harcourt, Inc. (Harcourt General, Inc.)	2001	559,258	2,577	2,652	0
	8/31/2016	10590 Hamilton Ave.	Cincinnati	OH	—	The Hillman Group, Inc.	1991/1994/1995/2005	239,500	594	594	0
	9/30/2016	900 Industrial Blvd.	Crossville	TN	—	Dana Commercial Vehicle Products, LLC	1989/2006	222,200	513	513	0
2017	2/28/2017	3456 Meyers Ave.	Memphis	TN	—	Sears, Roebuck & Company	1973	780,000	1,194	1,271	1,592
	6/30/2017	7500 Chavenelle Rd.	Dubuque	IA	—	The McGraw-Hill Companies, Inc.	2002	330,988	864	873	0
	9/30/2017	250 Swathmore Ave.	High Point	NC	—	Steelcase, Inc.	2002	244,851	799	815	1,165
	10/31/2017	1420 Greenwood Rd.	McDonough	GA	—	Versacold USA, Inc.	2000/2007	296,972	1,983	1,947	0
2018	6/30/2018	1650-1654 Williams Rd.	Columbus	OH	—	ODW Logistics, Inc.	1973	772,450	1,010	1,007	0
	9/30/2018	50 Tyger River Dr.	Duncan	SC	(6)	Plastic Omnium Exteriors, LLC	2005/2007/2008	221,833	718	718	0
2019	4/30/2019	113 Wells St.	North Berwick	ME	—	United Technologies Corporation	1965/1980	972,625	1,152	1,152	1,200
	10/17/2019	10345 Philipp Pkwy.	Streetsboro	OH	—	L'Oreal USA S/D, Inc. (L’Oreal USA, Inc.)	2004	649,250	1,718	1,958	3,149
2020	3/31/2020	2425 Hwy. 77 North	Waxahachie	TX	—	James Hardie Building Products, Inc. (James Hardie, NV)	1996/2001	335,610	2,550	2,550	0
	6/30/2020	3102 Queen Palm Dr.	Tampa	FL	—	Time Customer Service, Inc. (Time, Inc.)	1986	229,605	843	957	0
	9/30/2020	3350 Miac Cove Rd.	Memphis	TN	—	Mimeo.com, Inc.	1987	107,405	281	278	0
	12/19/2020	1901 Ragu Dr.	Owensboro	KY	(12)	Unilever Supply Chain, Inc. (Unilever United States, Inc.)	1975/1979/1995	443,380	787	1,120	1,802
2021	3/30/2021	121 Technology Dr.	Durham	NH	—	Heidelberg Web Systems, Inc.	1986/2002/2003	500,500	1,167	1,499	0
	3/31/2021	6050 Dana Way	Antioch	TN	—	W.M Wright Company	1999	338,700	763	763	0
	5/31/2021	477 Distribution Pkwy.	Collierville	TN	—	Federal Express Corporation	1984/1987/2005	120,000	360	302	0
	11/30/2021	2880 Kenny Biggs Rd.	Lumberton	NC	—	Quickie Manufacturing Corporation	1998/2001/2006	423,280	942	1,017	0
	12/31/2021	224 Harbor Freight Rd.	Dillon	SC	(6)	Harbor Freight Tools USA, Inc. (Central Purchasing, Inc.)	2001/2005	1,010,859	2,245	2,330	0
2025	6/30/2025	10000 Business Blvd.	Dry Ridge	KY	—	Dana Light Axle Products, LLC (Dana Limited)	1988/1999	336,350	1,009	1,009	1,402
		4010 Airpark Dr.	Owensboro	KY	—	Dana Structural Products, LLC (Dana Limited)	1998/2006	211,598	906	906	829
		301 Bill Bryan Rd.	Hopkinsville	KY	—	Dana Structural Products, LLC (Dana Limited)	1989/1999/2000/2005	424,904	1,266	1,266	1,512
		730 North Black Branch Rd.	Elizabethtown	KY	—	Dana Structural Products, LLC (Dana Limited)	2001	167,770	403	403	558

Page 18 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year  Built/Renovated/  Expanded	Sq.Ft. Leased  or Available (1)	Cash Rent as of 9/30/2009 ($000) (2)	GAAP  Base Rent  as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
		750 North Black Branch Rd.	Elizabethtown	KY	—	Dana Structural Products, LLC (Dana Limited)	1995/2000/2001	539,592	2,129	2,129	2,960
	7/31/2025	7005 Cochran Rd.	Glenwillow	OH	—	Royal Appliance Manufacturing Company	1997	458,000	1,459	1,688	2,164
2026	10/31/2026	5001 Greenwood Rd.	Shreveport	LA	—	Libbey Glass, Inc. (Libbey, Inc.)	2006	646,000	1,458	1,624	0
NA	NA	1109 Commerce Blvd.	Swedesboro	NJ	—	(Available for Lease)	1998	262,644	0	0	0
		1665 Hughes Way	Long Beach	CA	(11)	(Available for Lease)	1981	200,541	0	0	0
		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	0	0	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	0	0	0
		6 Doughten Rd.	New Kingstown	PA	—	(Available for Lease)	1989	330,000	0	0	0
		6050 Dana Way	Antioch	TN	—	(Available for Lease)	1999	322,942	0	0	0
INDUSTRIAL TOTAL/WEIGHTED AVERAGE						91.2% Leased		19,666,090	$            46,891	$            48,655

Notes

Excludes the property in Plymouth, Michigan which the Company expects to return to the lender in 4Q 09.

Page 19 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year  Built/Renovated/  Expanded	Sq.Ft. Leased  or Available (1)	Cash Rent  as of 9/30/2009 ($000) (2)	GAAP   Base Rent   as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
RETAIL PROPERTIES
2009	12/31/2009	3468 Georgia Hwy. 120	Duluth	GA	—	Bank of America, NA (Bank of America Corporation)	1971	10,341	100	113	0
2010	7/1/2010	1600 East 23rd St.	Chattanooga	TN	—	BI-LO, LLC	1983	42,130	97	97	134
2011	5/31/2011	18601 Alderwood Mall Blvd.	Lynnwood	WA	—	Toys “R” Us, Inc.	1981/1993	43,105	211	224	279
		4811 Wesley St.	Greenville	TX	—	Safeway Stores, Inc.	1985	48,492	128	181	171
		12535 Southeast 82nd Ave.	Clackamas	OR	—	Toys “R” Us, Inc.	1981	42,842	229	243	298
		6910 South Memorial Hwy.	Tulsa	OK	—	Toys “R” Us, Inc.	1981	43,123	193	205	255
	6/30/2011	4733 Hills & Dales Rd.	Canton	OH	—	Bally's Total Fitness of the Midwest, Inc. (Bally's Health & Tennis Corporation)	1987	37,214	293	247	0
	9/30/2011	928 First Ave.	Rock Falls	IL	(19)	Rock Falls Country Market, LLC (Rock Island Country Market, LLC)	1982	27,650	68	72	140
	12/29/2011	13133 Steubner Ave.	Houston	TX	—	The Kroger Company	1980	52,200	211	303	281
2012	4/30/2012	10415 Grande Ave.	Sun City	AZ	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)	1982	10,000	124	199	0
		119 North Balboa Rd.	El Paso	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)	1982	10,000	124	102	0
		402 East Crestwood Dr.	Victoria	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)	1982	10,000	124	87	0
		4121 South Port Ave.	Corpus Christi	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)	1980	10,000	124	101	0
		900 South Canal St.	Carlsbad	NM	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)	1980	10,000	124	79	0
		901 West Expwy.	McAllen	TX	—	Cafeteria Operators, LP (Furrs Restaurant Group, Inc.)	1980	10,000	124	123	0
	5/31/2012	3451 Alta Mesa Blvd.	Fort Worth	TX	—	Minyard Food Stores, Inc.	1985	44,000	228	271	304
	11/30/2012	101 West Buckingham Rd.	Garland	TX	—	Minyard Food Stores, Inc.	1982	40,000	244	244	326
		120 South Waco St.	Hillsboro	TX	—	Brookshire Grocery	1985	35,000	121	140	161
		205 Homer Rd.	Minden	LA	—	Brookshire Grocery	1985	35,000	145	214	193
2013	2/28/2013	US 221 & Hospital Rd.	Jefferson	NC	—	Food Lion, Inc.	1981	23,000	55	55	73
		104 Branchwood Shopping Center	Jacksonville	NC	—	Food Lion, Inc.	1982/1995	23,000	63	83	84
		291 Talbert Blvd.	Lexington	NC	—	Food Lion, Inc.	1981	23,000	104	104	138
		S. Carolina 52/52 Bypass	Moncks Corner	SC	—	Food Lion, Inc.	1982	23,000	46	92	62
		3211 West Beverly St.	Staunton	VA	—	Food Lion, Inc.	1971	23,000	124	124	166
	7/1/2013	1053 Mineral Springs Rd.	Paris	TN	—	The Kroger Company	1982	31,170	119	160	159
		302 Coxcreek Pkwy.	Florence	AL	—	The Kroger Company	1983	42,130	168	234	223
	10/31/2013	1084 East Second St.	Franklin	OH	—	Marsh Supermarkets, Inc.	1961/1978	29,119	84	118	111
		130 Midland Ave.	Port Chester	NY	—	Pathmark Stores, Inc.	1982	59,000	344	898	458
		5104 North Franklin Rd.	Lawrence	IN	—	Marsh Supermarkets, Inc.	1958	28,721	145	145	193
2014	3/31/2014	N.E.C. 45th St./Lee Blvd.	Lawton	OK	—	Associated Wholesale Grocers, Inc.	1984	30,757	175	122	185
	12/31/2014	1066 Main St.	Forest Park	GA	—	Bank of America, NA (Bank of America Corporation)	1969	14,859	150	140	199
		201 West Main St.	Cumming	GA	—	Bank of America, NA (Bank of America Corporation)	1968/1982	14,208	149	215	198
		2223 North Druid Hills Rd.	Atlanta	GA	—	Bank of America, NA (Bank of America Corporation)	1972	6,260	84	73	112
		4545 Chamblee – Dunwoody Rd.	Chamblee	GA	—	Bank of America, NA (Bank of America Corporation)	1972	4,565	66	56	88
		825 Southway Dr.	Jonesboro	GA	—	Bank of America, NA (Bank of America Corporation)	1971	4,894	58	47	77
		956 Ponce de Leon Ave.	Atlanta	GA	—	Bank of America, NA (Bank of America Corporation)	1975	3,900	59	65	78
		1698 Mountain Industrial Blvd.	Stone Mountain	GA	—	Bank of America, NA (Bank of America Corporation)	1973	5,704	71	69	95
2015	1/25/2015	3711 Gateway Dr.	Eau Claire	WI	—	Kohl's Department Stores, Inc.	1994	76,164	351	347	487
	1/31/2015	1700 State Route 160	Port Orchard	WA	—	Moran Foods, Inc. d/b/a Save-A-Lot, Ltd.	1983/2007	16,037	60	60	97
	5/31/2015	24th St. West & St. John’s Ave.	Billings	MT	—	Safeway Stores, Inc.	1981	40,800	140	250	186
2017	3/31/2017	1610 South Westmoreland Ave.	Dallas	TX	—	Malone’s Food Stores	1960	68,024	269	359	376
2018	2/26/2018	4831 Whipple Ave., Northwest	Canton	OH	—	Best Buy Company, Inc.	1995	46,350	349	349	465
		399 Peachwood Centre Dr.	Spartanburg	SC	—	Best Buy Company, Inc.	1996	45,800	296	296	395

Page 20 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 09/30/09

Year of  Lease  Expiration	Date of  Lease   Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year  Built/Renovated/  Expanded	Sq.Ft. Leased  or Available (1)	Cash Rent as of 9/30/2009 ($000) (2)	GAAP  Base Rent  as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
	9/30/2018	835 Julian Ave.	Thomasville	NC	—	Mighty Dollar, LLC	1983	23,767	52	52	0
	10/31/2018	10340 U.S. 19	Port Richey	FL	—	Kingswere Furniture	1980	53,280	337	337	400
	12/31/2018	1150 West Carl Sandburg Dr.	Galesburg	IL	—	Kmart Corporation	1992	94,970	222	247	0
		12080 Carmel Mountain Rd.	San Diego	CA	—	Sears Holding Corporation	1993	107,210	253	563	0
		21082 Pioneer Plaza Dr.	Watertown	NY	—	Kmart Corporation	1993	120,727	373	361	0
		255 Northgate Dr.	Manteca	CA	—	Kmart Corporation	1993	107,489	396	416	0
		5350 Leavitt Rd.	Lorain	OH	—	Kmart Corporation	1993	193,193	561	548	0
		97 Seneca Trail	Fairlea	WV	—	Kmart Corporation	1993/1999	90,933	262	260	0
2019	9/30/2019	1032 Fort St. Mall	Honolulu	HI	—	Macy's Department Stores, Inc.	1979/2002	85,610	742	729	350
2021	1/31/2021	3040 Josey Ln.	Carrollton	TX	—	Ong’s Family, Inc.	1984	61,000	201	303	0
2028	1/31/2028	2010 Apalachee Pkwy.	Tallahassee	FL	—	Kohl's Department Stores, Inc.	2007	102,381	300	315	484
	8/31/2028	9803 Edmonds Way	Edmonds	WA	—	Pudget Consumers Co-op d/b/a PCC Natural Markets	1981	34,459	452	452	0
NA	NA	1700 State Route 160	Port Orchard	WA	—	(Available for Lease)	1983	11,931	0	0	0
		2500 E. Carrier Pkwy.	Grand Prairie	TX	(7)	(Available for Lease) (Prior tenant Grocer's Supply)	1984	49,349	124	93	0
		35400 Cowan Rd.	Westland	MI	(7)	(Available for Lease)(Prior tenant Sam’s Real Estate Business Trust)	1987/1997	101,402	63	63	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
		811 US Hwy. 17	North Myrtle Beach	SC	—	(Available for Lease)	1981	41,021	0	0	0
	RETAIL TOTAL/WEIGHTED AVERAGE					88.3% Leased		2,625,591	10,879	12,445
	TOTAL CONSOLIDATED PORTFOLIO/WEIGHTED AVERAGE					91.3% Leased		38,735,549	254,628	254,353

Footnotes

(1)    Square foot leased or vacant.

(2)    Nine months ended 09/30/09 cash rent.

(3)    Nine months ended 09/30/09 GAAP base rent.

(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)    Lease entered into with with subtenant (Roche Diagnostics Operations) effective 11/2009 which expires 01/2020.

(9)    Lexington has a 0.01% interest in this property.

(10)  Lexington has an 80.5% interest in this property.

(11)  Lexington has a 55.0% interest in this property.

(12)  Lexington has a 71.1% interest in this property.

(13)  Lexington has a 64.4% interest in this property.

(14)  Lexington has a 57.8% interest in this property.

(15)  Month to month tenant.

(16)  Current lease ends 05/2013, however, new tenant (Problem Solved, LLC) lease expires 05/2014.

(17)  Lease entered into with new tenant (Reckitt Benckiser, Inc.) effective 02/2010 for 163,386 square feet which expires 01/2021.

(18)  Lease entered into with subtenant (Cadbury Schweppes Holdings) effective 02/2010 which expires 06/2015.

(19)  Tenant has exercised the purchase option under the lease, with a closing anticipated in 4Q 09.

(20)  Cash rent and GAAP base rent represent current tenant's allocated rents.

Page 21 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies -  Net Lease Strategic Assets Fund Portfolio - 09/30/09

Year of  Lease Expiration	Date of  Lease  Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year   Built/Renovated/  Expanded	Sq.Ft. Leased   or Available (1)	Cash Rent  as of 9/30/2009 ($000) (2)	GAAP   Base Rent   as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
NET LEASE STRATEGIC ASSETS FUND PROPERTIES
2009	9/30/2009	109 Stevens St.	Jacksonville	FL	(5)(7)	Unisource Worldwide, Inc.	1959/1967	168,800	478	439	0
2010	10/31/2010	265 Lehigh St.	Allentown	PA	—	Wachovia Bank, NA	1980	71,230	186	428	261
		5201 West Barraque St.	Pine Bluff	AR	—	Entergy Services, Inc.	1964/1973	27,189	144	144	192
2011	5/31/2011	1200 Jupiter Rd.	Garland	TX	—	Raytheon Company	1980	278,759	1,130	1,541	1,588
	7/15/2011	19019 North 59th Ave.	Glendale	AZ	—	Honeywell International, Inc.	1986/1997/2000	252,300	1,839	2,332	0
2012	4/30/2012	3600 Army Post Rd.	Des Moines	IA	(6)	Electronic Data Systems, LLC	2002	405,000	2,176	2,228	0
	5/31/2012	101 Creger Dr.	Ft. Collins	CO	—	Lithia Motors	1982	10,000	206	177	0
2013	5/31/2013	2401 Cherahala Blvd.	Knoxville	TN	—	Advance PCS, Inc.	2002	59,748	675	675	0
	6/30/2013	420 Riverport Rd.	Kingsport	TN	—	Kingsport Power Company	1981	42,770	233	230	310
		8555 South River Pkwy.	Tempe	AZ	(6)	ASM Lithography, Inc. (ASM Lithography Holding, NV)	1998	95,133	1,766	1,658	0
	10/14/2013	3943 Denny Ave.	Pascagoula	MS	—	Northrop Grumman Systems Corporation	1995	94,841	479	479	0
	12/31/2013	120 Southeast Pkwy. Dr.	Franklin	TN	—	Essex Group, Inc. (United Technologies Corporation)	1970/1983	289,330	551	490	735
2014	1/31/2014	1401 & 1501 Nolan Ryan Pkwy.	Arlington	TX	—	Siemens Shared Services, LLC	2003	236,547	2,017	2,010	0
	4/30/2014	12000 & 12025 Tech Center Dr.	Livonia	MI	(6)	Kelsey-Hayes Company (TRW Automotive, Inc.)	1987/1988/1990	180,230	1,491	1,555	0
	6/30/2014	70 Mechanic St.	Foxboro	MA	—	Invensys Systems, Inc. (Siebe, Inc.)	1965/1967/1971	251,914	3,061	2,752	2,817
	12/31/2014	324 Industrial Park Rd.	Franklin	NC	(5)	SKF USA, Inc.	1996	72,868	317	317	0
2015	6/30/2015	2935 Van Vactor Dr.	Plymouth	IN	—	Bay Valley Foods, LLC	2000/2003	300,500	589	607	853
		3711 San Gabriel	Mission	TX	—	VoiceStream PCS II Corporation (T-Mobile USA, Inc.)	2003	75,016	713	765	0
		2500 Patrick Henry Pkwy.	McDonough	GA	—	Georgia Power Company	1999	111,911	1,111	1,152	0
		1700 47th Ave North	Minneapolis	MN	(5)	Owens Corning Roofing and Asphalt, LLC	2003	18,620	444	444	0
	9/27/2015	9110 Grogans Mill Rd.	Houston	TX	—	Baker Hughes, Inc.	1992	275,750	3,363	2,360	2,756
		2529 West Thorne Dr.	Houston	TX	—	Baker Hughes, Inc.	1982/1999	65,500	929	628	746
2016	1/31/2016	1600 Eberhardt Rd.	Temple	TX	—	Nextel of Texas	2001	108,800	1,142	1,213	0
	7/14/2016	1400 Northeast McWilliams Rd.	Bremerton	WA	—	Nextel West Corporation	2002	60,200	814	872	0
	11/30/2016	736 Addison Rd.	Erwin	NY	(6)	Corning, Inc.	2006	408,000	862	862	0
2017	12/31/2017	11411 North Kelly Ave.	Oklahoma City	OK	—	American Golf Corporation	1991/1996	13,924	356	359	0
2018	3/15/2018	601 & 701 Experian Pkwy.	Allen	TX	—	Experian Information Solutions, Inc. (Experian Holdings, Inc.)	1981/1983	292,700	2,301	2,791	0
	8/31/2018	3500 North Loop Rd.	McDonough	GA	—	Litton Loan Servicing, LP	2007	62,218	841	841	0
	9/30/2018	904 Industrial Rd.	Marshall	MI	—	Tenneco Automotive Operating Company, Inc. (Tenneco, Inc.)	1968/1972/2008	246,508	574	602	925
2019	1/31/2019	2999 Southwest 6th St.	Redmond	OR	—	VoiceStream PCS I, LLC (T-Mobile USA, Inc.)	2004	77,484	1,076	1,179	0
	6/28/2019	3265 East Goldstone Dr.	Meridian	ID	(6)	VoiceStream PCS Holding, LLC  (T-Mobile USA, Inc.)	2004	77,484	935	1,023	0
	10/31/2019	17191 St. Luke's Way	The Woodlands	TX	—	Montgomery County Management Company, LLC	2004	41,000	599	739	0
		9601 Renner Blvd.	Lenexa	KS	(6)	VoiceStream PCS II Corporation (T-Mobile USA, Inc.)	2004	77,484	952	1,044	0
2020	5/31/2020	359 Gateway Dr.	Lavonia	GA	—	TI Group Automotive Systems, LLC (TI Automotive, Ltd.)	2005	133,221	900	900	0
	6/30/2020	10419 North 30th St.	Tampa	FL	—	Time Customer Service, Inc.	1986	132,981	951	1,017	0
	8/31/2020	First Park Dr.	Oakland	ME	(6)	Omnipoint Holdings, Inc. (T-Mobile USA, Inc.)	2005	78,610	945	862	0
	11/30/2020	11555 University Blvd.	Sugar Land	TX	—	KS Management Services, LLP (St. Luke’s Episcopal Health System Corporation)	2005	72,683	836	939	0
2021	10/25/2021	6938 Elm Valley Dr.	Kalamazoo	MI	—	Dana Commercial Vehicle Products, LLC (Dana Limited)	1999/2004	150,945	1,382	1,449	0

Page 22 of 47

LEXINGTON REALTY TRUST

Property Leases and Vacancies -  Net Lease Strategic Assets Fund Portfolio - 09/30/09

Year of  Lease Expiration	Date of  Lease  Expiration	Property Location	City	State	Note	Primary Tenant (Guarantor)	Year   Built/Renovated/  Expanded	Sq.Ft. Leased   or Available (1)	Cash Rent as of 9/30/2009 ($000) (2)	GAAP  Base Rent  as of 9/30/2009 ($000) (3)	Fixed Rent at Next Option ($000) (4)
2022	7/30/2022	1440 East 15th St.	Tucson	AZ	—	CoxCom, Inc.	1988	28,591	369	413	0
2025	7/14/2025	590 Ecology Ln.	Chester	SC	—	Owens Corning, Inc.	2001/2005	420,597	1,639	1,626	1,678
2026	8/31/2026	25500 State Hwy. 249	Tomball	TX	—	Parkway Chevrolet, Inc. (R. Durdin, J. Durdin)	2005	77,076	958	1,130	0
2027	4/30/2027	2424 Alpine Rd.	Eau Claire	WI	(6)	Silver Spring Gardens, Inc. (Huntsinger Farms, Inc.)	1993/2004	159,000	697	879	0
	NET LEASE STRATEGIC ASSETS FUND TOTAL/WEIGHTED AVERAGE					100.0% Leased		6,103,462	$       43,027	$          44,151

Footnotes

(1)    Square foot leased or vacant.

(2)    Nine months ended 09/30/09 cash rent.

(3)    Nine months ended 09/30/09 GAAP base rent.

(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)    Tenant occupied property and paid holdover rent through 10/31/2009.

Page 23 of 47

LEXINGTON REALTY TRUST

Lease Rollover Schedule by Property Type - Cash Basis

9/30/2009

	Office						Industrial						Retail
Year	Net Rentable Area		Cash Rent as of 9/30/2009 ($000)		Net Rent PSF		Net Rentable Area		Cash Rent as of 9/30/2009 ($000)		Net Rent PSF		Net Rentable Area		Cash Rent as of 9/30/2009 ($000)		Net Rent PSF
2009		46,229	$	779	$	22.47		102,960	$	215	$	2.78		10,341	$	100	$	12.89
2010		498,906	$	4,809	$	12.85		1,040,122	$	1,931	$	2.48		42,130	$	97	$	3.07
2011		432,762	$	6,528	$	20.11		1,309,835	$	3,510	$	3.57		294,626	$	1,333	$	6.03
2012		1,554,558	$	16,991	$	14.57		2,450,703	$	6,342	$	3.45		214,000	$	1,482	$	9.23
2013		1,690,567	$	17,941	$	14.15		79,086	$	345	$	5.82		305,140	$	1,252	$	5.47
2014		2,576,618	$	34,446	$	17.82		950,050	$	1,804	$	2.53		85,147	$	812	$	12.72
2015		1,886,461	$	26,246	$	18.55		150,000	$	338	$	3.00		133,001	$	551	$	5.52
2016		667,239	$	7,510	$	15.01		1,289,062	$	4,400	$	4.55		-	$	-	$	-
2017		251,808	$	2,751	$	14.57		1,652,811	$	4,840	$	3.90		68,024	$	269	$	5.27
2018		1,207,224	$	15,852	$	17.51		994,283	$	1,728	$	2.32		883,719	$	3,101	$	4.68
2019		1,457,341	$	13,809	$	12.63		1,621,875	$	2,870	$	2.36		85,610	$	742	$	11.56
2020		398,940	$	4,725	$	15.79		1,116,000	$	4,461	$	5.33		-	$	-	$	-
2021		729,432	$	10,999	$	20.11		2,393,339	$	5,477	$	3.05		61,000	$	201	$	4.39
2022		52,337	$	1,149	$	29.27		-	$	-	$	-		-	$	-	$	-
2023		425,254	$	4,332	$	13.58		-	$	-	$	-		-	$	-	$	-
2024		-	$	-	$	-		-	$	-	$	-		-	$	-	$	-
2025		145,200	$	1,721	$	15.80		2,138,214	$	7,172	$	4.47		-	$	-	$	-
2026		-	$	-	$	-		646,000	$	1,458	$	3.01		-	$	-	$	-
2027		-	$	-	$	-		-	$	-	$	-		-	$	-	$	-
2028		-	$	-	$	-		-	$	-	$	-		136,840	$	752	$	7.33
Total/Weighted Average (1)		14,020,876	$	170,588	$	16.22		17,934,340	$	46,891	$	3.49		2,319,578	$	10,692	$	6.15

Footnotes

(1) Total shown may differ from detailed amounts due to rounding and does not include Multi-Tenant properties.

Page 24 of 47

LEXINGTON REALTY TRUST

Lease Rollover Schedule - GAAP Basis

9/30/2009

Year	Number of Leases Expiring	GAAP Base Rent as of 9/30/2009 ($000)		Percent of GAAP Base Rent as of 9/30/2009
2009	4	$	997	0.4%
2010	11	$	6,931	3.0%
2011	16	$	11,436	5.0%
2012	29	$	24,278	10.7%
2013	24	$	21,047	9.2%
2014	32	$	35,893	15.7%
2015	16	$	22,517	9.9%
2016	12	$	11,749	5.2%
2017	8	$	8,355	3.7%
2018	21	$	22,078	9.7%
2019	10	$	18,405	8.1%
2020	8	$	9,292	4.1%
2021	11	$	17,023	7.5%
2022	1	$	1,246	0.5%
2023	2	$	5,141	2.3%
2024	-	$	-	0.0%
2025	8	$	9,122	4.0%
2026	1	$	1,624	0.7%
2027	-	$	-	0.0%
2028	2	$	767	0.3%
Total (1)	216	$	227,901	100.0%

Footnotes

(1) Total shown may differ from detailed amounts due to rounding and does not include Multi-Tenant properties.

Page 25 of 47

LEXINGTON REALTY TRUST

2009 Third Quarter Financing Summary

	REFINANCING
		Amount ($000)		Rate			Maturity
1	Fishers, IN	$	11,540		6.38	%		08/2014
1	TOTAL REFINANCING	$	11,540
	DEBT RETIRED
		Face ($000)		Payoff ($000)			Rate			Due Date
1	Exchangeable Guaranteed Notes	$	29,200	$	24,820			5.45	%		01/2012
2	High Point, NC	$	7,741	$	7,741			5.75	%		10/2009
3	Salt Lake City, UT	$	712	$	712			7.61	%		10/2009
4	Westland, MI	$	112	$	112			10.50	%		09/2009
4	TOTAL RETIRED (1)	$	37,765	$	33,385

Footnotes

(1) In addition, the property formerly leased to Circuit City Stores, Inc. in Richmond, Virginia with $15,458 of debt outstanding was foreclosed by the lender.

Page 26 of 47

LEXINGTON REALTY TRUST

Debt Maturity Schedule

9/30/2009

($000)

Consolidated Properties
Year	Real Estate Scheduled Amortization (1)		Real Estate Balloon Payments (1)		Corporate Debt
2009	$	4,820	$	23,808	$	-
2010		34,351		83,745		-
2011		31,114		85,826		195,000	(2)
2012		31,159		191,034		105,200	(3)
2013		27,091		234,937		60,723
	$	128,535	$	619,350	$	360,923

Non-Consolidated Investments - LXP Proportionate Share
Year	Real Estate Scheduled Amortization		Real Estate Balloon Payments		Concord Payments (4)
2009	$	1,068	$	-	$	9,957
2010		4,648		1,140		66,533
2011		3,236		6,903		5,008
2012		3,354		3,323		29,807
2013		3,551		2,496		-
	$	15,857	$	13,862	$	111,305

Footnotes

(1) Excludes Houston, Texas property balloon payment of $18,229 (2009) and Plymouth, Michigan property balloon payment of $4,171 (2011) both of which are expected to be returned to the lenders in 4Q 09.

(2) Reduced to $191,000 subsequent to quarter end.

(3) Reduced to $87,650 subsequent to quarter end.

(4) Debts are non-recourse to the Company. The Company has no obligation and no intent to fund these payments.

Page 27 of 47

LEXINGTON REALTY TRUST

2009 Mortgage Maturities by Property Type

9/30/2009

	Property  Location	City	State	Net Rentable Area		Mortgage Balance at Maturity ($000)		Maturity Date	Tenant Lease Expires	Gross Book Value ($000) (1)		Cash Rent as of 9/30/2009 ($000)		GAAP Base Rent as of 9/30/2009 ($000)
Office	5724 West Las Positas Blvd. (3)	Pleasanton	CA		40,914	$	3,808	12/2009	11/2009	$	6,544	$	620	$	510
	255 California St. (3)	San Francisco	CA		173,455	$	20,000	12/2009	Various	$	54,674	$	2,731	$	2,886
	Total 2009 Mortgage Maturities (2)				214,369	$	23,808			$	61,218	$	3,351	$	3,396

Footnotes

(1) Represents GAAP capitalized costs.

(2) Excludes Houston, Texas property. We did not make the 10/2009 balloon payment of $18,229 and the property is expected to be conveyed to the lender in 4Q 09.

(3) Properties are in a partnership that is a variable interest entity (VIE) that is consolidated with our operations as we are the primary beneficiary of the VIE, however, mortgage debt will be satisfied with partnership assets only. Our ownership interest is 0.01%.

Page 28 of 47

LEXINGTON REALTY TRUST

2010 Mortgage Maturities by Property Type

9/30/2009

	Property Location	City	State	Net Rentable Area		Mortgage Balance at Maturity ($000)		Maturity Date		Tenant Lease Expires		Gross Book Value ($000) (1)		Cash Rent as of 9/30/2009 ($000)		GAAP Base Rent as of 9/30/2009 ($000)
Office	421 Butler Farm Rd.	Hampton	VA		56,515	$	4,144		04/2010		01/2010	$	6,793	$	587	$	539
	400 Butler Farm Rd.	Hampton	VA		100,632	$	6,758		04/2010		12/2014	$	12,467	$	905	$	931
	550 Business Center Dr.	Lake Mary	FL		125,920	$	12,082		10/2010		09/2015	$	23,958	$	2,285	$	1,308
	600 Business Center Dr.	Lake Mary	FL		125,155	$	12,118		10/2010		09/2015	$	23,846	$	2,361	$	1,244
	6555 Sierra Dr.	Irving	TX		247,254	$	24,454		10/2010		03/2023	$	46,661	$	1,691	$	2,214
	13651 McLearen Rd.	Herndon	VA		159,664	$	17,301		12/2010		05/2018	$	27,789	$	2,245	$	2,539
Industrial	7150 Exchequer Dr. (2)	Baton Rouge	LA		79,086	$	1,385		02/2010		10/2013	$	4,001	$	345	$	329
	3102 Queen Palm Dr.	Tampa	FL		229,605	$	5,503		08/2010		06/2020	$	9,648	$	843	$	957
Retail	1150 West Carl Sandburg Dr.	Galesburg	IL		94,970	$	-		07/2010		12/2018	$	2,884	$	222	$	247
	12080 Carmel Mountain Rd.	San Diego	CA		107,210	$	-		07/2010		12/2018	$	5,463	$	253	$	563
	21082 Pioneer Plaza Dr.	Watertown	NY		120,727	$	-		07/2010		12/2018	$	5,316	$	373	$	361
	255 Northgate Dr.	Manteca	CA		107,489	$	-		07/2010		12/2018	$	6,509	$	396	$	416
	5350 Leavitt Rd.	Lorain	OH		193,193	$	-		07/2010		12/2018	$	8,513	$	561	$	548
	97 Seneca Trail	Fairlea	WV		90,933	$	-		07/2010		12/2018	$	3,360	$	262	$	260
	Total 2010 Mortgage Maturities				1,838,353	$	83,745					$	187,208	$	13,329	$	12,456

Footnotes

(1) Represents GAAP capitalized costs.

(2) Neither lender nor Lexington elected to call/put debt at 11/2009. Earliest call/put date is 02/2010.

Page 29 of 47

LEXINGTON REALTY TRUST

2011 Mortgage Maturities by Property Type

9/30/2009

	Property Location	City	State	Net Rentable Area		Mortgage Balance at Maturity ($000)		Maturity Date		Tenant Lease Expires		Gross Book Value ($000) (1)		Cash Rent as of 9/30/2009 ($000)		GAAP Base Rent as of 9/30/2009 ($000)
Office	389-399 Interpace Hwy.	Parsippany	NJ		340,240	$	37,047		03/2011		2015/2021	$	107,611	$	6,919	$	6,788
	15/17 Nijborg	Renswoude	The Netherlands		131,805	$	35,917		04/2011		2011/2018	$	47,305	$	2,551	$	2,085
	100 Barnes Rd.	Wallingford	CT		44,400	$	3,187		05/2011		12/2010	$	5,525	$	491	$	454
Industrial	291 Park Center Dr.	Winchester	VA		344,700	$	9,675		08/2011		05/2011	$	18,865	$	1,206	$	1,183
	Total 2011 Mortgage Maturities (2)				861,145	$	85,826					$	179,306	$	11,167	$	10,510

Footnotes

(1) Represents GAAP capitalized costs.

(2) Excludes Plymouth, Michigan property as we ceased making debt service payments on this property and expect to return the property to the lender in 4Q 09.

Page 30 of 47

LEXINGTON REALTY TRUST

2012 Mortgage Maturities by Property Type

9/30/2009

	Property Location	City	State	Net Rentable Area		Mortgage Balance at Maturity ($000)		Maturity Date		Tenant Lease Expires		Gross Book Value ($000) (1)		Cash Rent as of 9/30/2009 ($000)		GAAP Base Rent as of 9/30/2009 ($000)
Office	1315 West Century Dr.	Louisville	CO		106,877	$	7,195		01/2012		04/2017	$	16,933	$	993	$	1,200
	2000 Eastman Dr.	Milford	OH		221,215	$	12,686		02/2012		04/2016	$	26,401	$	1,865	$	1,367
	26210 and 26220 Enterprise Court	Lake Forest	CA		100,012	$	9,708		02/2012		01/2012	$	17,211	$	1,434	$	1,343
	200 Lucent Ln.	Cary	NC		124,944	$	12,543		05/2012		09/2011	$	23,881	$	1,660	$	1,544
	2050 Roanoke Rd.	Westlake	TX		130,290	$	17,829		05/2012		12/2011	$	32,697	$	2,745	$	2,591
	3940 South Teller St.	Lakewood	CO		68,165	$	7,890		05/2012		03/2012	$	12,155	$	877	$	650
	37101 Corporate Dr.	Farmington Hills	MI		119,829	$	17,724		09/2012		12/2016	$	32,876	$	2,305	$	1,832
	4455 American Way	Baton Rouge	LA		70,100	$	5,948		10/2012		10/2012	$	13,868	$	829	$	835
	1110 Bayfield Dr.	Colorado Springs	CO		166,575	$	10,272		12/2012		11/2013	$	19,579	$	1,307	$	1,200
Industrial	245 Salem Church Rd.	Mechanicsburg	PA		252,000	$	4,514		01/2012		12/2012	$	9,085	$	652	$	649
	34 East Main St.	New Kingstown	PA		179,200	$	2,914		01/2012	NA		$	6,034	$	-	$	-
	6 Doughten Rd.	New Kingstown	PA		330,000	$	6,116		01/2012	NA		$	12,342	$	-	$	-
	3820 Micro Dr.	Millington	TN		701,819	$	16,222		05/2012		09/2011	$	24,870	$	1,830	$	1,778
	101 Michelin Dr.	Laurens	SC		1,164,000	$	14,022		09/2012		08/2012	$	34,460	$	2,560	$	2,478
	7111 Crabb Rd.	Temperance	MI		744,570	$	9,400		09/2012		08/2012	$	21,249	$	1,716	$	1,660
	19500 Bulverde Rd.	San Antonio	TX		559,258	$	26,025		10/2012		03/2016	$	41,882	$	2,577	$	2,652
	43955 Plymouth Oaks Blvd.	Plymouth	MI		290,133	$	10,026		12/2012		10/2012	$	19,161	$	1,414	$	1,376
	Total 2012 Mortgage Maturities				5,328,987	$	191,034					$	364,684	$	24,764	$	23,155

Footnotes

(1) Represents GAAP capitalized costs.

Page 31 of 47

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

9/30/2009

Property	Footnotes	Debt Balance ($000)		Interest Rate (%)			Maturity (a)		Current Estimated Annual Debt Service ($000) (d)		Balloon Payment ($000)
San Francisco, CA		$	20,221		3.893	%		12/2009	$	352	$	20,000
Pleasanton, CA			3,863		10.250	%		12/2009		154		3,808
Baton Rouge, LA	(m)		1,411		7.375	%		02/2010		61		1,385
Hampton, VA			6,814		8.270	%		04/2010		387		6,758
Hampton, VA			4,178		8.260	%		04/2010		237		4,144
Lorain, OH	(b)		381		5.540	%		07/2010		402		-
Manteca, CA	(b)		269		5.540	%		07/2010		284		-
Watertown, NY	(b)		253		5.540	%		07/2010		267		-
Lewisburg, WV	(b)		178		5.540	%		07/2010		188		-
San Diego, CA	(b)		172		5.540	%		07/2010		181		-
Galesburg, IL	(b)		151		5.540	%		07/2010		159		-
Tampa, FL			5,586		6.880	%		08/2010		437		5,503
Irving, TX	(b)		25,162		6.587	%		10/2010		2,364		24,454
Lake Mary, FL	(b)		12,487		6.502	%		10/2010		1,181		12,118
Lake Mary, FL	(b)		12,451		6.502	%		10/2010		1,178		12,082
Herndon, VA			17,620		8.180	%		12/2010		1,723		17,301
Parsippany, NJ	(b)		38,512		6.349	%		03/2011		3,472		37,047
Renswoude, NA			37,251		5.305	%		04/2011		2,871		35,917
Wallingford, CT			3,275		4.926	%		05/2011		221		3,187
Plymouth, MI	(f)		4,335		7.960	%		07/2011		421		4,171
Winchester, VA	(b)		10,190		6.346	%		08/2011		908		9,675
Louisville, CO			7,445		5.830	%		01/2012		544		7,195
New Kingston, PA			6,517		7.790	%		01/2012		678		6,116
Mechanicsburg, PA			4,810		7.780	%		01/2012		500		4,514
New Kingston, PA			3,105		7.780	%		01/2012		323		2,914
Milford, OH	(b)		14,754		6.612	%		02/2012		1,822		12,686
Lake Forest, CA			10,093		7.260	%		02/2012		901		9,708
Westlake, TX	(b)		18,562		5.392	%		05/2012		1,280		17,829
Millington, TN			16,964		5.247	%		05/2012		1,181		16,222
Cary, NC	(b)		12,708		5.584	%		05/2012		720		12,543
Lakewood, CO			8,273		5.097	%		05/2012		566		7,890
Farmington Hills, MI	(b)		18,952		5.723	%		09/2012		1,500		17,724
Laurens, SC	(b)		15,503		5.911	%		09/2012		1,396		14,022
Temperance, MI	(b)		10,393		5.912	%		09/2012		936		9,400
Baton Rouge, LA	(b)		6,291		5.333	%		10/2012		443		5,948
San Antonio, TX			27,813		6.080	%		10/2012		2,260		26,025
Plymouth, MI	(b)		11,259		5.964	%		12/2012		1,026		10,026
Colorado Springs, CO	(b)		11,024		5.996	%		12/2012		887		10,272
Fort Mill, SC			10,581		6.000	%		01/2013		839		9,904
Centennial, CO	(b)		14,770		5.724	%		02/2013		1,177		13,555
Los Angeles, CA	(b)		76,585		5.734	%		05/2013		5,361		73,071
Atlanta, GA			43,116		5.268	%		05/2013		3,004		40,356
Dallas, TX	(b)		38,688		5.452	%		05/2013		2,702		36,466
Houston, TX			16,823		5.218	%		05/2013		1,166		15,737
Southington, CT			13,083		5.018	%		05/2013		890		12,228
Indianapolis, IN			9,164		5.168	%		05/2013		633		8,580
Fort Meyers, FL			8,912		5.268	%		05/2013		523		8,550
Phoenix, AZ			18,166		6.270	%		09/2013		1,527		16,490

Page 32 of 47

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

9/30/2009

Property	Footnotes	Debt Balance ($000)		Interest Rate (%)			Maturity (a)		Current Estimated Annual Debt Service ($000) (d)		Balloon Payment ($000)
Foxboro, MA	(b)		13,750		6.000	%		01/2014		3,270		-
Moody, AL			7,009		4.978	%		01/2014		493		6,350
Logan Township, NJ	(b)		7,188		5.545	%		04/2014		482		6,784
Clive, IA			5,627		5.139	%		05/2014		387		5,151
Fort Mill, SC			19,760		5.373	%		05/2014		1,364		18,311
Philadelphia, PA			47,497		5.060	%		07/2014		3,178		43,547
Eau Claire, WI			1,234		8.000	%		07/2014		313		-
Fishers, IN			11,540		6.375	%		08/2014		932		10,466
Columbus, IN	(i)		25,831		6.150	%		09/2014		1,611		25,831
Las Vegas, NV	(i)		31,427		6.150	%		09/2014		1,960		31,427
Memphis, TN	(i)		46,253		6.150	%		09/2014		2,884		46,253
Issaquah, WA	(b)		31,849		5.665	%		12/2014		1,930		30,388
Canonsburg, PA	(b)		9,076		5.426	%		12/2014		489		9,095
Chicago, IL	(b)		29,171		5.639	%		01/2015		1,548		29,900
Carrollton, TX			13,513		5.530	%		01/2015		993		12,022
Herndon, VA	(b)		11,606		5.885	%		04/2015		888		10,359
Richmond, VA	(b)		19,551		5.377	%		05/2015		1,134		18,321
Houston, TX			16,141		5.160	%		05/2015		1,114		14,408
Rockaway, NJ			14,900		5.292	%		05/2015		799		14,900
Houston, TX			12,608		5.210	%		05/2015		874		11,265
Fishers, IN			12,533		5.160	%		05/2015		865		11,188
San Antonio, TX			12,449		5.340	%		05/2015		875		11,149
Atlanta, GA			11,325		5.260	%		05/2015		664		10,502
Los Angeles, CA			10,928		5.110	%		05/2015		750		9,760
Richmond, VA			10,115		5.310	%		05/2015		708		9,055
Harrisburg, PA			8,723		5.110	%		05/2015		599		7,780
Knoxville, TN			7,437		5.310	%		05/2015		520		6,658
Tulsa, OK			7,302		5.060	%		05/2015		499		6,517
Carrollton, TX	(b)		20,150		5.725	%		07/2015		1,382		18,710
Elizabethtown, KY	(j)		15,175		4.990	%		07/2015		1,045		13,393
Hopkinsville, KY			8,895		4.990	%		07/2015		612		7,851
Dry Ridge, KY	(o)		6,524		4.990	%		07/2015		449		5,758
Owensboro, KY	(o)		5,800		4.990	%		07/2015		399		5,119
Elizabethtown, KY	(j)		2,863		4.990	%		07/2015		197		2,527
Houston, TX	(b)		51,989		6.250	%		09/2015		8,159		18,161
Sugar Land, TX	(b)		13,477		6.250	%		09/2015		2,083		6,286
Bridgewater, NJ			14,805		5.732	%		03/2016		860		13,825
Omaha, NE			8,582		5.610	%		04/2016		621		7,560
Tempe, AZ			8,105		5.610	%		04/2016		586		7,140
Lisle, IL			10,306		6.500	%		06/2016		793		9,377
Dallas, TX	(b)		18,531		5.939	%		07/2016		1,136		18,365
Rochester, NY			18,579		6.210	%		08/2016		1,383		16,765
Statesville, NC			13,934		6.210	%		08/2016		1,037		12,574
Rockford, IL			6,819		6.210	%		08/2016		508		6,153
Glenwillow, OH			16,811		6.130	%		09/2016		1,240		15,132
Memphis, TN			3,915		5.710	%		01/2017		275		3,484
Orlando, FL			9,975		5.722	%		02/2017		579		9,309
Dubuque, IA			10,320		5.402	%		06/2017		733		8,725
Shreveport, LA			19,000		5.690	%		07/2017		1,096		19,000

Page 33 of 47

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

9/30/2009

Property	Footnotes	Debt Balance ($000)		Interest Rate (%)			Maturity (a)		Current Estimated Annual Debt Service ($000) (d)		Balloon Payment ($000)
McDonough, GA			23,000		6.110	%		11/2017		1,425		21,651
Lorain, OH	(b)		1,261		7.750	%		07/2018		108		-
Manteca, CA	(b)		891		7.750	%		07/2018		77		-
Watertown, NY	(b)		837		7.750	%		07/2018		72		-
Lewisburg, WV	(b)		588		7.750	%		07/2018		51		-
San Diego, CA	(b)		568		7.750	%		07/2018		49		-
Galesburg, IL	(b)		500		7.750	%		07/2018		43		-
Boston, MA			13,577		6.100	%		12/2018		996		11,520
Overland Park, KS	(b)		37,351		5.891	%		05/2019		2,657		31,819
Kansas City, MO	(b)		17,800		5.883	%		05/2019		1,268		15,182
Streetsboro, OH	(b)		19,263		5.749	%		09/2019		1,344		16,338
Boca Raton, FL			20,400		6.470	%		02/2020		1,338		18,383
Wall Township, NJ	(b)		28,098		6.250	%		01/2021		3,039		-
Charleston, SC			7,350		5.850	%		02/2021		436		6,632
Durham, NH	(b)		18,866		6.750	%		03/2021		2,196		-
Antioch, TN	(b)		13,599		6.320	%		10/2021		1,580		774
Whippany, NJ			16,111		6.298	%		11/2021		1,344		10,400
Dillon, SC			22,138		5.974	%		02/2022		1,832		13,269
Subtotal/Wtg. Avg./Years Remaining (p)(l)		$	1,642,210		5.853	%		4.9	$	129,384	$	1,412,090

Page 34 of 47

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

9/30/2009

Property	Footnotes	Debt Balance ($000)		Interest Rate (%)			Maturity (a)		Current Estimated Annual Debt Service ($000) (d)		Balloon Payment ($000)
Corporate
Credit Facility	(c)	$	30,000		3.094	%		02/2011	$	941	$	30,000
Term Loan	(c)		165,000		3.094	%		02/2011		5,176		165,000
Exchangeable Notes	(e)(n)		105,200		5.450	%		01/2012		5,733		105,200
Term Loan	(h)(k)		35,723		5.520	%		03/2013		1,999		35,723
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)		$	490,043		4.878	%		8.7	$	24,033	$	490,043
Total/Wtg. Avg./Years Remaining (p)(l)		$	2,132,253		5.629	%		5.8	$	153,417	$	1,902,133

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 30/60/90/120 day LIBOR plus 285 bps, maturity can be extended to 02/2012 at the Company's option.

(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) The Company ceased making debt service payments on this property.

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

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

(i) Properties are cross-collateralized properties.

(j) Properties are cross-collateralized properties.

(k) Represents full payable of loans, discount of $3,419 excluded from balance.

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

(m) Mortgage call date was 11/2009. Lender did not call and earliest call date is currently 02/2010.

(n) Represents full payable of notes, discount of $2,610 excluded from balance.

(o) Properties are cross-collateralized properties.

(p) Does not include $18,229 (Houston, Texas.) The Company did not make the 10/2009 balloon payment of $18,229.

Page 35 of 47

LEXINGTON REALTY TRUST

Non- Consolidated Investments: Mortgages & Notes Payable

9/30/2009

Joint Venture	Footnotes	Debt Balance ($000)		LXP Proportionate Share ($000) (8)		Interest Rate (%)			Maturity		Current Estimated Annual Debt Service ($000) (7)(10)		Balloon Payment ($000)		Proportionate Share Balloon Payment ($000) (8)
Net Lease Strategic		$	7,727	$	1,159		6.930	%		08/2010	$	618	$	7,603	$	1,140
Harpard			660		180		9.875	%		01/2011		531		-		-
Net Lease Strategic			2,152		323		7.500	%		01/2011		226		2,076		311
Net Lease Strategic			13,710		2,057		7.400	%		04/2011		1,258		13,365		2,005
Net Lease Strategic			30,582		4,587		5.126	%		05/2011		1,589		30,582		4,587
Taber			499		136		10.125	%		06/2011		313		-		-
Jayal			812		241		11.500	%		03/2012		365		-		-
Net Lease Strategic			22,761		3,414		5.147	%		05/2012		1,311		22,153		3,323
Net Lease Strategic			9,601		1,440		7.670	%		01/2013		2,817		-		-
Net Lease Strategic			12,974		1,946		5.148	%		05/2013		894		12,144		1,822
Net Lease Strategic			4,872		731		5.950	%		09/2013		381		4,496		674
Net Lease Strategic			20,324		3,049		5.810	%		02/2014		1,551		18,588		2,788
Net Lease Strategic			9,332		1,400		5.616	%		04/2014		697		8,484		1,273
Net Lease Strategic			1,185		178		8.500	%		04/2015		271		-		-
Net Lease Strategic			16,798		2,520		5.411	%		05/2015		1,189		15,087		2,263
Net Lease Strategic - Oklahoma TIC			14,749		885		5.240	%		05/2015		845		13,673		820
Net Lease Strategic			12,504		1,876		5.212	%		06/2015		836		11,349		1,702
Net Lease Strategic			6,078		912		5.783	%		06/2015		462		5,371		806
Net Lease Strategic			19,856		2,978		8.036	%		09/2015		3,352		6,925		1,039
Net Lease Strategic			5,670		851		8.036	%		09/2015		925		2,203		330
Net Lease Strategic			8,525		1,279		6.090	%		01/2016		668		7,446		1,117
Net Lease Strategic			6,301		945		6.090	%		04/2016		494		5,465		820
Net Lease Strategic			6,440		966		6.315	%		09/2016		497		5,723		858
One Summit			17,214		5,164		9.375	%		10/2016		3,344		-		-
Net Lease Strategic			9,097		1,365		6.063	%		11/2016		683		8,023		1,203
One Summit			11,200		3,360		10.625	%		11/2016		2,239		-		-
Net Lease Strategic			8,954		1,343		5.910	%		10/2018		728		6,624		994
Dallas Commerce			12,224		3,159		15.000	%		12/2018		2,455		-		-
Net Lease Strategic			9,760		1,464		6.010	%		08/2019		753		7,658		1,149

Page 36 of 47

LEXINGTON REALTY TRUST

Non- Consolidated Investments: Mortgages & Notes Payable

9/30/2009

Joint Venture	Footnotes	Debt Balance ($000)		LXP Proportionate Share ($000) (8)		Interest Rate (%)			Maturity		Current Estimated Annual Debt Service ($000) (7)(10)		Balloon Payment ($000)		Proportionate Share Balloon Payment ($000) (8)
Net Lease Strategic			7,500		1,125		6.507	%		11/2019		495		6,692		1,004
Net Lease Strategic			9,891		1,484		9.800	%		12/2019		1,961		-		-
Net Lease Strategic			9,857		1,479		6.270	%		12/2019		774		7,755		1,163
Net Lease Strategic			9,968		1,495		5.930	%		10/2020		750		7,660		1,149
Net Lease Strategic			9,344		1,402		5.460	%		12/2020		741		5,895		884
Net Lease Strategic			9,480		1,422		5.640	%		01/2021		692		7,018		1,053
Net Lease Strategic			12,226		1,834		5.380	%		08/2025		1,144		362		54
BCBS LLC			22,586		9,034		9.850	%		03/2026		7,324		-		-
Subtotal/Wtg. Avg. (4)/Years Remaining (5)		$	393,413	$	69,183		7.516	%		7.6	$	46,173	$	250,420	$	36,332

Page 37 of 47

LEXINGTON REALTY TRUST

Non- Consolidated Investments: Mortgages & Notes Payable

9/30/2009

Joint Venture	Footnotes	Debt Balance ($000)		LXP Proportionate Share ($000) (8)		Interest Rate (%)			Maturity		Current Estimated Annual Debt Service ($000) (7)(10)		Balloon Payment ($000)		Proportionate Share Balloon Payment ($000) (8)
Corporate
Concord	(6)(9)	$	73,666	$	36,833		3.250	%		12/2010	$	5,682	$	69,466	$	34,733
Concord	(1)(9)		79,313		39,657		1.298	%		12/2010		1,044		79,313		39,657
Concord	(3)(9)		10,016		5,008		1.246	%		01/2011		127		10,016		5,008
Concord	(3)(9)		59,613		29,807		1.241	%		02/2012		750		59,613		29,807
Concord	(2)(9)		347,525		173,763		1.952	%		12/2016		6,878		347,525		173,763
Subtotal/Wtg. Avg. (4)/Years Remaining (5)		$	570,133	$	285,068		1.942	%		5.0	$	14,481	$	565,933	$	282,968
Total/Wtg. Avg. (4)/Years Remaining (5)		$	963,546	$	354,251		3.031	%		5.5	$	60,654	$	816,353	$	319,300

Footnotes

(1) The balance has to be reduced to $60.0 million by 12/31/09.

(2)   Collateralized debt obligation of investment grade-rated debt secured directly or indirectly by real estate assets. Portion subject to fixed rate swaps.

(3) Represents amount outstanding on term loans.

(4) Weighted average interest rate based on proportionate share.

(5) Weighted average years remaining on maturities based on proportionate debt balance.

(6) Maturity date can be extended to 12/31/13 if certain criteria are met.

(7)   Amounts represent estimated 12 months debt service regardless of maturity date for corporate level debt.

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

(9) Lexington proportionate share is 50.0%.

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

Page 38 of 47

LEXINGTON REALTY TRUST

Noncontrolling Interest Properties- Partners' Proportionate Share

Nine Months Ended September 30, 2009

($000)

Noncontrolling Interest Properties - Partners' Proportionate Share (1)

EBITDA (2)	$	3,289
Interest expense	$	866
Non-operating income (2)	$	1,132
Depreciation and amortization	$	1,677

Footnotes

(1) Does not include OP unit noncontrolling interests.

(2) Includes $1,125 non-cash income for the transfer of land in Long Beach, California.

Page 39 of 47

LEXINGTON REALTY TRUST

Non-Consolidated Investments - Proportionate Share

Nine Months Ended September 30, 2009

($000)

Non-Consolidated Operations- Net Leased Real Estate

EBITDA	$	25,297
Interest expense	$	3,475

Non-Consolidated Operations- Debt Platform

EBITDA	$	10,997
Interest expense	$	6,086
Impairment charges, loan losses and reserves	$	85,721

Page 40 of 47

LEXINGTON REALTY TRUST

Selected Balance Sheet Account Detail

As of September 30, 2009

($000)

Investments in and advances to non-consolidated entities	$	61,772
Lexington's "Investments in and advances to non-consolidated entities" line item includes investments in entities which invest in net leased properties.
Other assets	$	30,413
The components of other assets are:
Deposits, including forward purchase equity commitment	$	16,232
Equipment		1,576
Prepaids		6,443
Other receivables		1,244
Other		4,918
Accounts payable and other liabilities	$	43,643
The components of accounts payable and other liabilities are:
Accounts payable and accrued expenses	$	17,649
CIP accruals and other		5,753
Taxes		850
Deferred lease costs		2,004
Subordinated notes		2,072
Deposits		1,622
Escrows		2,292
Sale/leaseback financing obligation		4,750
Transaction costs		888
Derivative liability		5,763

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LEXINGTON REALTY TRUST

Base Rent Estimates for Current Assets

9/30/2009

($000)

Year	Cash		GAAP
2009-remaining	$	77,248	$	79,644
2010		310,020		311,537
2011		299,666		300,596
2012		271,075		271,499
2013		231,972		231,533

Amounts assume (1) lease terms for non-cancellable periods only, (2) that all below market leases are renewed by the tenants at the option rate and (3) that no new or renegotiated leases are entered into for any other property.

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LEXINGTON REALTY TRUST

Major Markets

9/30/2009

	Core Based Statistical Area (2)	Percent of GAAP Base Rent as of 09/30/2009 (1)
1	Dallas-Fort Worth-Arlington, TX	8.0%
2	Los Angeles-Long Beach-Santa Ana, CA	6.2%
3	New York-Northern New Jersey-Long Island, NY-NJ-PA	6.0%
4	Houston-Sugar Land-Baytown, TX	4.7%
5	Memphis, TN-MS-AR	3.9%
6	Baltimore-Towson, MD	3.8%
7	Atlanta-Sandy Springs-Marietta, GA	3.5%
8	Orlando-Kissimmee, FL	3.2%
9	Kansas City, MO-KS	3.0%
10	Detroit-Warren-Livonia, MI	2.4%
11	Philadelphia-Camden-Wilmington, PA-NJ-DE-MD	2.1%
12	Boston-Cambridge-Quincy, MA-NH	2.1%
13	Indianapolis-Carmel, IN	2.0%
14	Chicago-Naperville-Joliet, IL-IN-WI	2.0%
15	Salt Lake City, UT	1.9%
16	Charlotte-Gastonia-Concord, NC-SC	1.8%
17	Phoenix-Mesa-Scottsdale, AZ	1.6%
18	Washington-Arlington-Alexandria, DC-VA-MD-WV	1.6%
19	Beaumont-Port Arthur, TX	1.6%
20	Richmond, VA	1.6%
21	San Antonio, TX	1.5%
22	Seattle-Tacoma-Bellevue, WA	1.5%
23	Denver-Aurora, CO	1.4%
24	Cincinnati-Middletown, OH-KY-IN	1.3%
25	Columbus, IN	1.3%
26	San Francisco-Oakland-Fremont, CA	1.3%
27	Miami-Fort Lauderdale-Pompano Beach, FL	1.3%
28	Las Vegas-Paradise, NV	1.2%
29	Columbus, OH	1.1%
30	Honolulu, HI	1.0%
31	San Jose-Sunnyvale-Santa Clara, CA	1.0%
32	Elizabethtown, KY	1.0%
33	Greenville-Mauldin-Easley, SC	1.0%
	Areas which account for 1% or greater of total GAAP base rent (3)	79.2%

Footnotes

(1)  Nine months ended 09/30/2009 GAAP base rent recognized for consolidated properties owned as of 09/30/2009.

(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. Excludes Houston, Texas property expected to be conveyed to the lender in 4Q 09.

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LEXINGTON REALTY TRUST

Tenant Industry Diversification

9/30/2009

Industry Category	Percent of GAAP Base Rent as of 09/30/2009 (1)
Finance/Insurance	15.9%
Energy	10.3%
Technology	8.9%
Automotive	8.5%
Healthcare	6.7%
Food	6.5%
Consumer Products/Other	6.4%
Service	6.3%
Media/Advertising	5.8%
Transportation/Logistics	5.1%
Aerospace/Defense	3.8%
Construction Materials	2.7%
Retail Department & Discount	2.5%
Printing/Production	2.4%
Telecommunications	2.1%
Other	1.5%
Real Estate	1.3%
Apparel	1.2%
Retail - Specialty	1.1%
Security	0.5%
Retail - Electronics	0.3%
Health/Fitness	0.1%
Total (2)	100.0%

Footnotes

(1) Nine months ended 09/30/2009 GAAP base rent recognized for consolidated properties owned as of 09/30/2009.

(2) Total shown may differ from detailed amounts due to rounding. Excludes Houston, Texas property expected to be conveyed to the lender in 4Q 09.

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LEXINGTON REALTY TRUST

Other Revenue Data

9/30/2009

	GAAP Base Rent as of 09/30/09 ($000) (1)		Percentage
Asset Class
Office	$	193,253		76.0	%
Industrial	$	48,655		19.1	%
Retail	$	12,445		4.9	%
	$	254,353		100.0	%
Credit Rating
Investment Grade	$	111,837		44.0	%
Non-Investment Grade	$	24,945		9.8	%
Unrated	$	117,571		46.2	%
	$	254,353		100.0	%

Footnotes

(1) Nine months ended 09/30/2009 GAAP base rent recognized for consolidated properties owned as of 09/30/2009.

(2) Total shown may differ from detailed amounts due to rounding. Excludes Houston, Texas property expected to be conveyed to the lender in 4Q 09.

Page 45 of 47

LEXINGTON REALTY TRUST

Top 10 Tenants or Guarantors

9/30/2009

Tenant or Guarantor (4)	Number of Leases		Sq. Ft. Leased		Sq. Ft. Leased as a Percent of Consolidated Portfolio (2)			GAAP Base Rent as of 09/30/09 ($000) (1)		Percent of GAAP Base Rent as of 09/30/09 (1) (2)
Bank of America		9		702,234		1.9	%	$	7,374		3.0	%
Baker Hughes, Inc.		2		720,221		1.9	%		6,988		2.9	%
Sanofi-aventis U.S., Inc. (Aventis, Inc. and Aventis Pharma Holding GmbH)		1		340,240		0.9	%		6,788		2.8	%
Dana Limited		6		1,902,414		5.0	%		6,226		2.5	%
JPMorgan Chase Bank, NA		4		623,375		1.6	%		5,574		2.3	%
Federal Express Corporation		2		641,286		1.7	%		5,562		2.3	%
Morgan, Lewis & Bockius, LLC  (3)		1		293,170		0.8	%		5,079		2.1	%
CEVA Logistics US, Inc. (TNT Holdings BV)		3		2,503,916		6.6	%		4,928		2.0	%
Swiss Re America Holding Corporation		2		476,123		1.3	%		4,819		2.0	%
Northwest Pipeline Corporation		1		295,000		0.8	%		4,771		1.9	%
		31		8,497,979		22.5	%	$	58,109		23.7	%

Footnotes

(1) Nine months ended 09/30/2009 GAAP base rent recognized for consolidated properties owned as of 09/30/2009.

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

(3) Includes parking garage operations, the Company has an 80.5% interest in this property.

(4) Amounts exclude rents from tenants that vacated as of 9/30/2009.

Page 46 of 47

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

Research Coverage
Friedman, Billings, Ramsey		Keefe, Bruyette & Woods
Gabe Poggi	(703) 469-1141	Sheila K. McGrath	(212) 887-7793
J.P. Morgan Chase		Barclays Capital
Anthony Paolone, CFA	(212) 622-6682	Ross L. Smotrich	(212)526-2306
Stifel Nicolaus		Raymond James & Assoc.
John W. Guinee	(443) 224-1307	Paul Puryear	(727) 567-2253

Page 47 of 47