EX-99.1 2 v417085_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Quarterly Earnings and

Supplemental Operating and Financial Data

June 30, 2015

LEXINGTON REALTY TRUST

SUPPLEMENTAL REPORTING PACKAGE

June 30, 2015

Table of Contents

Section |  | Page
Second Quarter 2015 Earnings Press Release |  | 3
Portfolio Data |  |
2015 Second Quarter Investment/Capital Recycling Summary |  | 13
Build-To-Suit Projects/Forward Commitments |  | 14
2015 Second Quarter Financing Summary |  | 15
2015 Second Quarter Leasing Summary |  | 16
Other Revenue Data |  | 18
Portfolio Detail By Asset Class |  | 20
Portfolio Composition |  | 21
Components of Net Asset Value |  | 22
Top Markets |  | 23
Single-Tenant Office Markets |  | 24
Tenant Industry Diversification |  | 25
Top 10 Tenants or Guarantors |  | 26
Lease Rollover Schedules – GAAP Basis |  | 27
Property Leases and Vacancies – Consolidated Portfolio |  | 29
Select Credit Metrics |  | 36
Historical Credit Metrics Summary |  | 37
Financial Covenants |  | 38
Mortgages and Notes Payable |  | 39
Debt Maturity Schedule |  | 42
Mortgage Loans Receivable |  | 43
Partnership Interests |  | 44
Selected Balance Sheet and Income Statement Account Data |  | 45
Investor Information |  | 46
Appendix A – Land, Infrastructure and CTF Group |  |

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 the control of Lexington Realty Trust “Lexington”, which may cause actual results, performance or achievements of Lexington to be materially different from the results, performance, or other expectations implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed under the headings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in Lexington’s periodic reports filed with the Securities and Exchange Commission, including risks related to: (1) the authorization of Lexington’s Board of Trustees of future dividend declarations, including those necessary to achieve an annualized dividend level of $0.68 per common share/unit (2) Lexington’s ability to achieve its estimate of Company FFO for the year ending December 31, 2015, (3) the successful consummation of any lease, acquisition, build-to-suit, financing or other transaction, (4) the failure to continue to qualify as a real estate investment trust, (5) changes in general business and economic conditions, including the impact of any new legislation, (6) competition, (7) increases in real estate construction costs, (8) changes in interest rates, (9) changes in accessibility of debt and equity capital markets, and (10) future impairment charges. Copies of the periodic reports Lexington files with the Securities and Exchange Commission are available on Lexington’s web site 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,” may,” “plans,” “predicts,” “will,” “will likely result,” “is optimistic,” “goal,” “objective” or similar expressions. Except as required by law, 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.

| L EXINGTON R EALTY T RUST
| TRADED: NYSE: LXP
| O NE PENN PLAZA, SUITE 4015
| N EW YORK, NY 10119-4015

FOR IMMEDIATE RELEASE

LEXINGTON REALTY TRUST REPORTS SECOND QUARTER 2015 RESULTS

Raises Company FFO guidance range to $1.02 - $1.06 per share

New York, NY - Tuesday, August 4, 2015 - Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

| • | Generated Company Funds From Operations (“Company FFO”) of $67.0 million, or $0.27 per diluted common share.

| • | Invested $28.2 million in on-going build-to-suit projects and commenced funding an industrial build-to-suit project for $70.0 million.

| • | Completed an industrial build-to-suit property for $10.1 million.

| • | Disposed of two office buildings for gross disposition proceeds of $77.1 million.

| • | Retired $30.1 million of secured debt.

| • | Completed 1.3 million square feet of new leases and lease extensions with overall portfolio 96.3% leased.

| • | Raised renewal rents by 1.3% on a cash basis and 6.6% on a GAAP basis.

| • | Announced a 10.0 million common share repurchase authorization subsequent to quarter end.

T. Wilson Eglin, President and Chief Executive Officer of Lexington, stated, “We continue to make substantive progress on our capital recycling and portfolio repositioning initiatives. During the quarter, we sold $77.1 million of office properties, bringing our total for the year to $112.3 million, with proceeds redeployed primarily into newer, longer-term investments at attractive returns through our build-to-suit projects. Given the strong investment sales market, we expect disposition activity to remain elevated throughout the balance of 2015. Within our portfolio, we completed 1.3 million of new leases and lease extensions during the quarter. We expect to make substantial progress over the balance of this year with respect to leases expiring in 2016 and beyond.”

Mr. Eglin added, “Of particular note is the cumulative impact that the execution of our capital recycling program has had on our office portfolio. The weighted-average lease term in this portfolio is over seven years and more than half of our office revenue is from investment-grade rated tenants. Most importantly, 72% of our office revenue is from long-term leases or leases which have been renewed since the beginning of 2009. Taken together, our exposure to expiring leases with above market rents has been considerably mitigated.”

3

FINANCIAL RESULTS

Revenues

For the quarter ended June 30, 2015, total gross revenues were $110.3 million, a 4.6% increase compared with total gross revenues of $105.4 million for the quarter ended June 30, 2014. The increase is primarily due to property acquisitions.

Company FFO

For the quarter ended June 30, 2015, Lexington generated Company FFO of $67.0 million, or $0.27 per diluted share, compared to Company FFO for the quarter ended June 30, 2014 of $67.6 million, or $0.28 per diluted share. The calculation of Company FFO and a reconciliation to net income attributable to common shareholders is included later in this press release.

Dividends/Distributions

Lexington declared a regular quarterly common share/unit dividend/distribution for the quarter ended June 30, 2015 of $0.17 per common share/unit, which was paid on July 15, 2015 to common shareholders/unitholders of record as of June 30, 2015, and a dividend of $0.8125 per share on its Series C Cumulative Convertible Preferred Stock (“Series C Preferred Shares”), which will be paid on August 17, 2015 to Series C Preferred Shareholders of record as of July 31, 2015.

Net Income Attributable to Common Shareholders

For the quarter ended June 30, 2015, net income attributable to common shareholders was $47.7 million, or $0.20 per diluted share, compared with net income attributable to common shareholders for the quarter ended June 30, 2014 of $12.7 million, or $0.05 per diluted share.

OPERATING ACTIVITIES

Investment Activity

During the quarter, Lexington completed one build-to-suit project, which is subject to a lease having a term in excess of ten years (an “LTL”).

Acquisition

Tenant |  | Location |  | Property Type |  | Initial Basis ($000) |  |  | Initial Annualized Cash Rent ($000) |  |  | Initial Cash Yield |  |  | GAAP Yield |  |  | Lease Term (Yrs) |
Hollander Sleep Products, Inc. |  | Thomson, GA |  | LTL - Industrial |  | $ | 10,144 |  |  | $ | 836 |  |  |  | 8.2 | % |  |  | 9.2 | % |  |  | 15 |

4

Lexington also funded $28.2 million of the projected costs of the following projects:

On-going Build-to-Suit Projects

Location |  | Sq. Ft. |  |  | Property Type |  | Lease Term (Years) |  | Maximum Commitment/ Estimated Completion Cost ($000) |  |  | GAAP Investment Balance as of 6/30/2015 ($000) |  |  | Estimated Completion/ Acquisition Date
Oak Creek, WI |  |  | 164,000 |  |  | LTL - Industrial |  | 20 |  | $ | 22,609 |  |  | $ | 18,444 |  |  | 3Q 15
Richmond, VA |  |  | 330,000 |  |  | LTL - Office |  | 15 |  |  | 110,137 |  |  |  | 89,015 |  |  | 3Q 15
Anderson, SC |  |  | 1,325,000 |  |  | LTL - Industrial |  | 20 |  |  | 70,012 |  |  |  | 7,133 |  |  | 2Q 16
Lake Jackson, TX |  |  | 664,000 |  |  | LTL - Office |  | 20 |  |  | 166,164 |  |  |  | 32,455 |  |  | 4Q 16
Houston, TX(1) |  |  | 274,000 |  |  | LTL - Retail/Specialty |  | 20 |  |  | 86,491 |  |  |  | 21,660 |  |  | 3Q 16
|  |  | 2,757,000 |  |  |  |  |  |  | $ | 455,413 |  |  | $ | 168,707 |  |  |

| 1. | Lexington has a 25% interest as of June 30, 2015. Lexington may provide construction financing up to $56.7 million to the joint venture.

Lexington also invested $8.4 million in an 11.5% loan that matures in October 2015 to a tenant-in-common. The loan is secured by the tenant-in-common's interest in an office property in which Lexington has a 40% interest.

In addition, Lexington has committed to acquire the following properties upon completion of construction.

Forward Commitments

Location |  | Property Type |  | Estimated Acquisition Cost ($000) |  |  | Lease Term (Years) |  | Estimated Initial Cash Yield |  |  | Estimated GAAP Yield |  |  | Estimated Acquisition Date
Richland, WA |  | LTL - Industrial |  | $ | 155,000 |  |  | 20 |  |  | 7.1 | % |  |  | 8.6 | % |  | 4Q 15
Detroit, MI |  | LTL - Industrial |  |  | 29,680 |  |  | 20 |  |  | 7.4 | % |  |  | 7.4 | % |  | 1Q 16
|  |  |  | $ | 184,680 |  |  |  |  |  | 7.2 | % |  |  | 8.4 | % |  |

Capital Recycling

Property Dispositions

Tenant |  | Location |  | Property Type |  | Gross Disposition Price ($000) |  |  | Annualized NOI ($000) |  |  | Month of Disposition
Alta Resources Corp. |  | Fort Myers, FL |  | Office |  | $ | 12,400 |  |  | $ | 901 |  |  | April
Multi-tenant |  | Orlando, FL |  | LTL - Office |  |  | 64,675 |  |  |  | 5,174 |  |  | June
|  |  |  |  |  | $ | 77,075 |  |  | $ | 6,075 |  |  |

Lexington collected $3.5 million in full satisfaction of the Austin, Texas loan investment, including yield maintenance.

Balance Sheet

During the second quarter of 2015, Lexington satisfied $30.1 million of consolidated secured debt with a weighted-average interest rate of 5.1%, unencumbering six properties with estimated 2015 annual net operating income of approximately $8.6 million.

5

In April 2015, holders converted approximately $2.8 million original principal amount 6.00% Convertible Guaranteed Notes due 2030 (“6.00% Notes”) for 428,707 common shares, reducing the outstanding balance of this note issuance to $12.8 million. All common shares that are issuable upon conversion of the 6.00% Notes are treated as outstanding for diluted Company FFO calculations.

On July 2, 2015, Lexington announced a new 10.0 million common share repurchase authorization (inclusive of all outstanding prior authorizations). Under this authorization, 150,000 common shares have been purchased at an average price of $8.58 per share. In connection with the authorization, Lexington declared a cash dividend of $0.8125 per share on its Series C Preferred Shares, which will be paid on November 16, 2015 to Series C Preferred Shareholders of record as of October 30, 2015.

Leasing

During the second quarter of 2015, Lexington executed the following new and extended leases:

|  | LEASE EXTENSIONS |  |  |  |
|  | Location |  | Prior Term |  | Lease Expiration Date |  | Sq. Ft. |
|  | Office/Multi-Tenant Office |  |  |  |  |  |
1 |  | Temple, TX |  |  | 01/2016 |  | 01/2021 |  | 54,117 |
2 |  | Oklahoma City, OK(1) |  |  | 11/2015 |  | 11/2020 |  | 103,500 |
3 |  | Phoenix, AZ |  |  | 12/2029 |  | 12/2032 |  | 252,400 |
4-5 |  | Various |  |  | 2015 |  | 2017 |  | 4,044 |
5 |  | Total office lease extensions |  |  |  |  |  | 414,061 |
|  | Industrial/Multi-Tenant Industrial |  |  |  |  |  |
1 |  | Henderson, NC |  |  | 06/2016 |  | 06/2018 |  | 196,946 |
2 |  | Byhalia, MS |  |  | 03/2026 |  | 03/2030 |  | 513,734 |
3-4 |  | Antioch, TN |  |  | 2015 |  | 2017-2018 |  | 15,696 |
4 |  | Total industrial lease extensions |  |  |  |  |  | 726,376 |
9 |  | Total lease extensions |  |  |  |  |  | 1,140,437 |
|  | NEW LEASES |  |  |  |  |  |  |
|  | Location |  |  |  | Lease Expiration Date |  | Sq. Ft. |
|  | Office/Multi-Tenant Office |  |  |  |  |  |
1 |  | Lakewood, CO |  |  |  |  | 07/2030 |  | 68,165 |
2-4 |  | Various |  |  |  |  | 2018-2023 |  | 7,394 |
4 |  | Total new office leases |  |  |  |  |  | 75,559 |
|  | Industrial/Multi-Tenant Industrial |  |  |  |  |  |
1 |  | Antioch, TN |  |  |  |  | 09/2025 |  | 117,600 |
1 |  | Total new industrial leases |  |  |  |  |  | 117,600 |
5 |  | Total new leases |  |  |  |  |  | 193,159 |
14 |  | TOTAL NEW AND EXTENDED LEASES |  |  |  |  |  | 1,333,596 |

(1) Lexington has a 40% interest.

6

2015 EARNINGS GUIDANCE

Lexington is raising its Company FFO guidance by $0.01 per share to an expected range of $1.02 to $1.06 per diluted share for the year ended December 31, 2015. This guidance is forward looking, excludes the impact of certain items and is based on current expectations.

SECOND QUARTER 2015 CONFERENCE CALL

Lexington will host a conference call today, Tuesday, August 4, 2015, at 11:00 a.m. Eastern Time, to discuss its results for the quarter ended June 30, 2015. Interested parties may participate in this conference call by dialing 877-407-0789 or 201-689-8562. A replay of the call will be available through August 18, 2015, at 877-870-5176 or 858-384-5517, pin: 13614059. A live webcast of the conference call will be available at www.lxp.com within the Investors section.

ABOUT LEXINGTON REALTY TRUST

Lexington Realty Trust is a real estate investment trust that owns a diversified portfolio of equity and debt interests in single-tenant commercial properties and land. Lexington seeks to expand its portfolio through acquisitions, sale-leaseback transactions, build-to-suit arrangements and other transactions. A majority of these properties and all land interests are subject to net or similar leases, where the tenant bears all or substantially all of the operating costs, including cost increases, for real estate taxes, utilities, insurance and ordinary repairs. Lexington also provides investment advisory and asset management services to investors in the single-tenant area. Lexington common 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.

Contact:

Investor or Media Inquiries, T. Wilson Eglin, CEO

Lexington Realty Trust

Phone: (212) 692-7200 E-mail: tweglin@lxp.com

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 authorization by Lexington's Board of Trustees of future dividend declarations, including those necessary to achieve an annualized dividend level of $0.68 per common share/unit, (2) Lexington's ability to achieve its estimate of Company FFO for the year ending December 31, 2015, (3) the successful consummation of any lease, acquisition, build-to-suit, financing or other transaction, (4) the failure to continue to qualify as a real estate investment trust, (5) changes in general business and economic conditions, including the impact of any legislation, (6) competition, (7) increases in real estate construction costs, (8) changes in interest rates, (9) changes in accessibility of debt and equity capital markets, and (10) future impairment charges. Copies of the periodic reports Lexington files with the Securities and Exchange Commission are available on Lexington's web site 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”, “may,” “plans,” “predicts,” “will,” “will likely result,” “is optimistic,” “goal,” “objective” or similar expressions. Except as required by law, 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.

References to Lexington refer to Lexington Realty Trust and its consolidated subsidiaries. All interests in properties and loans are held through special purpose entities, which are separate and distinct legal entities, some of which are consolidated for financial statement purposes and/or disregarded for income tax purposes.

7

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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

|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Gross revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental |  | $ | 102,440 |  |  | $ | 97,564 |  |  | $ | 202,456 |  |  | $ | 193,929 |
Tenant reimbursements |  |  | 7,893 |  |  |  | 7,883 |  |  |  | 16,319 |  |  |  | 15,534 |
Total gross revenues |  |  | 110,333 |  |  |  | 105,447 |  |  |  | 218,775 |  |  |  | 209,463 |
Expense applicable to revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | (41,808 | ) |  |  | (37,763 | ) |  |  | (82,083 | ) |  |  | (75,710 | )
Property operating |  |  | (15,534 | ) |  |  | (15,449 | ) |  |  | (32,116 | ) |  |  | (31,130 | )
General and administrative |  |  | (7,971 | ) |  |  | (6,631 | ) |  |  | (15,792 | ) |  |  | (14,609 | )
Non-operating income |  |  | 3,084 |  |  |  | 3,079 |  |  |  | 5,698 |  |  |  | 6,152 |
Interest and amortization expense |  |  | (23,339 | ) |  |  | (25,319 | ) |  |  | (46,342 | ) |  |  | (49,135 | )
Debt satisfaction gains (charges), net |  |  | 3,776 |  |  |  | (4,187 | ) |  |  | 14,151 |  |  |  | (7,491 | )
Impairment charges |  |  | (113 | ) |  |  | — |  |  |  | (1,252 | ) |  |  | (16,400 | )
Gains on sales of properties |  |  | 21,426 |  |  |  | — |  |  |  | 21,574 |  |  |  | — |
Income before benefit (provision) for income taxes, equity in earnings (losses) of non-consolidated entities and discontinued operations |  |  | 49,854 |  |  |  | 19,177 |  |  |  | 82,613 |  |  |  | 21,140 |
Benefit (provision) for income taxes |  |  | 52 |  |  |  | (284 | ) |  |  | (389 | ) |  |  | (875 | )
Equity in earnings (losses) of non-consolidated entities |  |  | 306 |  |  |  | (209 | ) |  |  | 672 |  |  |  | 73 |
Income from continuing operations |  |  | 50,212 |  |  |  | 18,684 |  |  |  | 82,896 |  |  |  | 20,338 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from discontinued operations |  |  | (1 | ) |  |  | 1,793 |  |  |  | 109 |  |  |  | 4,279 |
Provision for income taxes |  |  | (4 | ) |  |  | (19 | ) |  |  | (4 | ) |  |  | (36 | )
Debt satisfaction charges, net |  |  | — |  |  |  | (299 | ) |  |  | — |  |  |  | (299 | )
Gains on sales of properties |  |  | — |  |  |  | 3,510 |  |  |  | 1,577 |  |  |  | 3,510 |
Impairment charges |  |  | — |  |  |  | (8,382 | ) |  |  | — |  |  |  | (10,691 | )
Total discontinued operations |  |  | (5 | ) |  |  | (3,397 | ) |  |  | 1,682 |  |  |  | (3,237 | )
Net income |  |  | 50,207 |  |  |  | 15,287 |  |  |  | 84,578 |  |  |  | 17,101 |
Less net income attributable to noncontrolling interests |  |  | (875 | ) |  |  | (837 | ) |  |  | (1,741 | ) |  |  | (1,765 | )
Net income attributable to Lexington Realty Trust shareholders |  |  | 49,332 |  |  |  | 14,450 |  |  |  | 82,837 |  |  |  | 15,336 |
Dividends attributable to preferred shares – Series C |  |  | (1,573 | ) |  |  | (1,573 | ) |  |  | (3,145 | ) |  |  | (3,145 | )
Allocation to participating securities |  |  | (105 | ) |  |  | (135 | ) |  |  | (192 | ) |  |  | (287 | )
Net income attributable to common shareholders |  | $ | 47,654 |  |  | $ | 12,742 |  |  | $ | 79,500 |  |  | $ | 11,904 |
Income (loss) per common share – basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.07 |  |  | $ | 0.33 |  |  | $ | 0.07 |
Income (loss) from discontinued operations |  |  | — |  |  |  | (0.02 | ) |  |  | 0.01 |  |  |  | (0.02 | )
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.05 |  |  | $ | 0.34 |  |  | $ | 0.05 |
Weighted-average common shares outstanding – basic |  |  | 233,812,062 |  |  |  | 228,368,053 |  |  |  | 233,172,422 |  |  |  | 227,765,718 |
Income (loss) per common share – diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.07 |  |  | $ | 0.33 |  |  | $ | 0.07 |
Income (loss) from discontinued operations |  |  | — |  |  |  | (0.02 | ) |  |  | 0.01 |  |  |  | (0.02 | )
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.05 |  |  | $ | 0.34 |  |  | $ | 0.05 |
Weighted-average common shares outstanding – diluted |  |  | 239,903,370 |  |  |  | 228,851,184 |  |  |  | 239,559,842 |  |  |  | 228,275,608 |
Amounts attributable to common shareholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 47,659 |  |  | $ | 16,158 |  |  | $ | 77,818 |  |  | $ | 15,179 |
Income (loss) from discontinued operations |  |  | (5 | ) |  |  | (3,416 | ) |  |  | 1,682 |  |  |  | (3,275 | )
Net income attributable to common shareholders |  | $ | 47,654 |  |  | $ | 12,742 |  |  | $ | 79,500 |  |  | $ | 11,904 |

8

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

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

|  | June 30, 2015 |  |  | December 31, 2014 |
Assets: |  |  |  |  |  |  |  |
Real estate, at cost |  | $ | 3,734,513 |  |  | $ | 3,671,560 |
Real estate - intangible assets |  |  | 721,571 |  |  |  | 705,566 |
Investments in real estate under construction |  |  | 147,047 |  |  |  | 106,238 |
|  |  | 4,603,131 |  |  |  | 4,483,364 |
Less: accumulated depreciation and amortization |  |  | 1,220,203 |  |  |  | 1,196,114 |
Real estate, net |  |  | 3,382,928 |  |  |  | 3,287,250 |
Assets held for sale |  |  | 33,364 |  |  |  | 3,379 |
Cash and cash equivalents |  |  | 64,382 |  |  |  | 191,077 |
Restricted cash |  |  | 12,844 |  |  |  | 17,379 |
Investment in and advances to non-consolidated entities |  |  | 28,241 |  |  |  | 19,402 |
Deferred expenses, net |  |  | 63,780 |  |  |  | 65,860 |
Loans receivable, net |  |  | 108,309 |  |  |  | 105,635 |
Rent receivable – current |  |  | 8,523 |  |  |  | 6,311 |
Rent receivable – deferred |  |  | 79,513 |  |  |  | 61,372 |
Other assets |  |  | 26,113 |  |  |  | 20,229 |
Total assets |  | $ | 3,807,997 |  |  | $ | 3,777,894 |
Liabilities and Equity: |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Mortgages and notes payable |  | $ | 865,860 |  |  | $ | 945,216 |
Credit facility borrowings |  |  | 93,000 |  |  |  | — |
Term loans payable |  |  | 505,000 |  |  |  | 505,000 |
Senior notes payable |  |  | 497,811 |  |  |  | 497,675 |
Convertible notes payable |  |  | 12,464 |  |  |  | 15,664 |
Trust preferred securities |  |  | 129,120 |  |  |  | 129,120 |
Dividends payable |  |  | 43,628 |  |  |  | 42,864 |
Liabilities held for sale |  |  | 20,801 |  |  |  | 2,843 |
Accounts payable and other liabilities |  |  | 43,070 |  |  |  | 37,740 |
Accrued interest payable |  |  | 9,235 |  |  |  | 8,301 |
Deferred revenue - including below market leases, net |  |  | 44,328 |  |  |  | 68,215 |
Prepaid rent |  |  | 16,589 |  |  |  | 16,336 |
Total liabilities |  |  | 2,280,906 |  |  |  | 2,268,974 |
Commitments and contingencies |  |  |  |  |  |  |  |
Equity: |  |  |  |  |  |  |  |
Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares: |  |  |  |  |  |  |  |
Series C Cumulative Convertible Preferred, liquidation preference $96,770; 1,935,400 shares issued and outstanding |  |  | 94,016 |  |  |  | 94,016 |
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 235,940,610 and 233,278,037 shares issued and outstanding in 2015 and 2014, respectively |  |  | 24 |  |  |  | 23 |
Additional paid-in-capital |  |  | 2,784,423 |  |  |  | 2,763,374 |
Accumulated distributions in excess of net income |  |  | (1,372,170 | ) |  |  | (1,372,051 | )
Accumulated other comprehensive income (loss) |  |  | (2,226 | ) |  |  | 404 |
Total shareholders’ equity |  |  | 1,504,067 |  |  |  | 1,485,766 |
Noncontrolling interests |  |  | 23,024 |  |  |  | 23,154 |
Total equity |  |  | 1,527,091 |  |  |  | 1,508,920 |
Total liabilities and equity |  | $ | 3,807,997 |  |  | $ | 3,777,894 |

9

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

EARNINGS PER SHARE

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

|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
EARNINGS PER SHARE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders |  | $ | 47,659 |  |  | $ | 16,158 |  |  | $ | 77,818 |  |  | $ | 15,179 |
Income (loss) from discontinued operations attributable to common shareholders |  |  | (5 | ) |  |  | (3,416 | ) |  |  | 1,682 |  |  |  | (3,275 | )
Net income attributable to common shareholders |  | $ | 47,654 |  |  | $ | 12,742 |  |  | $ | 79,500 |  |  | $ | 11,904 |
Weighted-average number of common shares outstanding |  |  | 233,812,062 |  |  |  | 228,368,053 |  |  |  | 233,172,422 |  |  |  | 227,765,718 |
Income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.07 |  |  | $ | 0.33 |  |  | $ | 0.07 |
Income (loss) from discontinued operations |  |  | — |  |  |  | (0.02 | ) |  |  | 0.01 |  |  |  | (0.02 | )
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.05 |  |  | $ | 0.34 |  |  | $ | 0.05 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders - basic |  | $ | 47,659 |  |  | $ | 16,158 |  |  | $ | 77,818 |  |  | $ | 15,179 |
Impact of assumed conversions |  |  | 764 |  |  |  | — |  |  |  | 1,633 |  |  |  | — |
Income from continuing operations attributable to common shareholders |  |  | 48,423 |  |  |  | 16,158 |  |  |  | 79,451 |  |  |  | 15,179 |
Income (loss) from discontinued operations attributable to common shareholders - basic |  |  | (5 | ) |  |  | (3,416 | ) |  |  | 1,682 |  |  |  | (3,275 | )
Impact of assumed conversions |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Income (loss) from discontinued operations attributable to common shareholders |  |  | (5 | ) |  |  | (3,416 | ) |  |  | 1,682 |  |  |  | (3,275 | )
Net income attributable to common shareholders |  | $ | 48,418 |  |  | $ | 12,742 |  |  | $ | 81,133 |  |  | $ | 11,904 |
Weighted-average common shares outstanding - basic |  |  | 233,812,062 |  |  |  | 228,368,053 |  |  |  | 233,172,422 |  |  |  | 227,765,718 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share options |  |  | 296,501 |  |  |  | 483,131 |  |  |  | 369,079 |  |  |  | 509,890 |
6.00% Convertible Guaranteed Notes |  |  | 1,941,833 |  |  |  | — |  |  |  | 2,165,367 |  |  |  | — |
Operating Partnership Units |  |  | 3,852,974 |  |  |  | — |  |  |  | 3,852,974 |  |  |  | — |
Weighted-average common shares outstanding |  |  | 239,903,370 |  |  |  | 228,851,184 |  |  |  | 239,559,842 |  |  |  | 228,275,608 |
Income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.07 |  |  | $ | 0.33 |  |  | $ | 0.07 |
Income (loss) from discontinued operations |  |  | — |  |  |  | (0.02 | ) |  |  | 0.01 |  |  |  | (0.02 | )
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.05 |  |  | $ | 0.34 |  |  | $ | 0.05 |

10

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

COMPANY FUNDS FROM OPERATIONS & FUNDS AVAILABLE FOR DISTRIBUTION

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

|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
FUNDS FROM OPERATIONS: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to common shareholders |  | $ | 47,654 |  |  | $ | 12,742 |  |  | $ | 79,500 |  |  | $ | 11,904 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 40,467 |  |  |  | 39,022 |  |  |  | 79,389 |  |  |  | 78,961 |
Impairment charges - real estate, including non-consolidated entities |  |  | 113 |  |  |  | 9,032 |  |  |  | 1,252 |  |  |  | 27,741 |
Noncontrolling interests - OP units |  |  | 540 |  |  |  | 533 |  |  |  | 1,090 |  |  |  | 1,114 |
Amortization of leasing commissions |  |  | 1,341 |  |  |  | 1,472 |  |  |  | 2,693 |  |  |  | 2,926 |
Joint venture and noncontrolling interest adjustment |  |  | 437 |  |  |  | 605 |  |  |  | 758 |  |  |  | 1,238 |
Gains on sales of properties |  |  | (21,426 | ) |  |  | (3,510 | ) |  |  | (23,151 | ) |  |  | (3,510 | )
FFO available to common shareholders and unitholders - basic |  |  | 69,126 |  |  |  | 59,896 |  |  |  | 141,531 |  |  |  | 120,374 |
Preferred dividends |  |  | 1,573 |  |  |  | 1,573 |  |  |  | 3,145 |  |  |  | 3,145 |
Interest and amortization on 6.00% Convertible Guaranteed Notes |  |  | 224 |  |  |  | 531 |  |  |  | 543 |  |  |  | 1,110 |
Amount allocated to participating securities |  |  | 105 |  |  |  | 135 |  |  |  | 192 |  |  |  | 287 |
FFO available to common shareholders and unitholders - diluted |  |  | 71,028 |  |  |  | 62,135 |  |  |  | 145,411 |  |  |  | 124,916 |
Debt satisfaction (gains) charges, net, including non-consolidated entities |  |  | (3,712 | ) |  |  | 4,486 |  |  |  | (14,087 | ) |  |  | 7,790 |
Other / Transaction costs |  |  | (294 | ) |  |  | 945 |  |  |  | 174 |  |  |  | 1,257 |
Company FFO available to common shareholders and unitholders - diluted |  |  | 67,022 |  |  |  | 67,566 |  |  |  | 131,498 |  |  |  | 133,963 |
FUNDS AVAILABLE FOR DISTRIBUTION: (2) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Straight-line rents |  |  | (17,034 | ) |  |  | (17,002 | ) |  |  | (22,343 | ) |  |  | (17,579 | )
Lease incentives |  |  | 488 |  |  |  | 417 |  |  |  | 945 |  |  |  | 854 |
Amortization of below/above market leases |  |  | 177 |  |  |  | 455 |  |  |  | (444 | ) |  |  | 719 |
Non-cash interest, net |  |  | 1,753 |  |  |  | (1,210 | ) |  |  | 1,118 |  |  |  | (2,362 | )
Non-cash charges, net |  |  | 2,147 |  |  |  | 2,148 |  |  |  | 4,403 |  |  |  | 4,449 |
Tenant improvements |  |  | (1,541 | ) |  |  | (1,580 | ) |  |  | (2,622 | ) |  |  | (3,999 | )
Lease costs |  |  | (1,756 | ) |  |  | (2,534 | ) |  |  | (3,176 | ) |  |  | (6,519 | )
Company Funds Available for Distribution |  | $ | 51,256 |  |  | $ | 48,260 |  |  | $ | 109,379 |  |  | $ | 109,526 |
Per Common Share and Unit Amounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FFO |  | $ | 0.29 |  |  |  | 0.26 |  |  | $ | 0.60 |  |  | $ | 0.52 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FFO |  | $ | 0.29 |  |  | $ | 0.26 |  |  | $ | 0.60 |  |  | $ | 0.52 |
Company FFO |  | $ | 0.27 |  |  | $ | 0.28 |  |  | $ | 0.54 |  |  | $ | 0.56 |
Company FAD |  | $ | 0.21 |  |  | $ | 0.20 |  |  | $ | 0.45 |  |  | $ | 0.45 |
Weighted-Average Common Shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic(3) |  |  | 237,665,036 |  |  |  | 232,246,465 |  |  |  | 237,025,396 |  |  |  | 231,645,370 |
Diluted |  |  | 244,697,575 |  |  |  | 241,447,640 |  |  |  | 244,379,606 |  |  |  | 241,037,724 |

11

1 Lexington believes that Funds from Operations (“FFO”), which is not a measure under generally accepted accounting principles (“GAAP”), is a widely recognized and appropriate measure of the performance of an equity REIT. 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 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.

The National Association of Real Estate Investment Trusts, Inc. (“NAREIT”) defines FFO 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.” NAREIT clarified its computation of FFO to exclude impairment charges on depreciable real estate owned directly or indirectly. FFO does not represent cash generated from operating activities in accordance with GAAP and is not indicative of cash available to fund cash needs.

Lexington presents FFO available to common shareholders and unitholders - basic. Lexington also presents FFO available to common shareholders and unitholders - diluted on a company-wide basis as if all securities that are convertible, at the holder's option, into Lexington's common shares, are converted at the beginning of the period. Lexington also presents Company FFO which adjusts FFO for certain items which Management believes are not indicative of the operating results of its real estate portfolio. Management believes this is an appropriate presentation as it is frequently requested by security analysts, investors and other interested parties. Since others do not calculate funds from operations in a similar fashion, Company FFO may not be comparable to similarly titled measures as reported by others. Company 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.

2 Company Funds Available for Distribution ("FAD") is calculated by making adjustments to Company FFO for (1) straight-line rent revenue, (2) lease incentive amortization, (3) amortization of above/below market leases, (4) cash paid for tenant improvements, (5) cash paid for lease costs, (6) non-cash interest, net and (7) non-cash charges, net. Although FAD may not be comparable to that of other REITs, Lexington believes it provides a meaningful indication of its ability to fund cash needs. FAD is a non-GAAP financial measure and should not be viewed as an alternative measurement of operating performance to net income, as an alternative to net cash flows from operating activities or as a measure of liquidity.

3 Includes OP units.

# # #

12

LEXINGTON REALTY TRUST

2015 Second Quarter Investment / Capital Recycling Summary

PROPERTY INVESTMENTS - LONG TERM LEASES ("LTL")(1)

|  | Tenant (Guarantor) |  | Location |  | Property Type |  | Initial Basis ($000) |  |  | Initial Annualized Cash Rent ($000) |  |  | Initial Cash Yield |  |  | Initial GAAP Yield |  |  | Month Closed |  | Lease Expiration
1 |  | Hollander Sleep Products, LLC (Hollander Home Fashions Holdings) |  | Thomson |  | GA |  | LTL - Industrial |  | $ | 10,144 |  |  | $ | 836 |  |  |  | 8.2 | % |  |  | 9.2 | % |  | May |  | 05/2030

|  | EXPANSIONS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Tenant (Guarantor) |  | Location |  | Property Type |  | Square Feet |  |  | Cost Basis ($000) |  |  |  |  |  |  |  |  |  |  |
1 |  | Asics America Corporation (Asics Corporation) |  | Byhalia |  | MS |  | LTL - Industrial |  |  | 342,144 |  |  | $ | 15,300 | (2) |  |  |  |  |  |  |  |  |  |  |  |
2 |  | United Technologies Corporation |  | North Berwick |  | ME |  | Industrial |  |  | 21,060 |  |  | $ | 3,262 |  |  |  |  |  |  |  |  |  |  |  |  |
2 |  | TOTAL PROPERTY EXPANSIONS |  |  |  |  |  |  |  |  | 363,204 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

LOAN INVESTMENT

|  | Property Type |  | Location |  | Loan Amount |  |  | Interest Rate |  |  | Maturity Date |  |  |  |  |  |  |  |  |  |  |
1 |  | Office |  | Oklahoma City |  | OK |  | $ | 8,420 |  |  |  | 11.5 | % |  | 10/2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |

CAPITAL RECYCLING

|  | PROPERTY DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Tenant |  | Location |  | Property Type |  | Gross Disposition Price ($000) |  |  | Annualized NOI ($000) |  |  | Month of Disposition |  | % Leased |  |  | Gross Disposition Price PSF |  |  |
1 |  | Alta Resources, Corp. |  | Fort Myers |  | FL |  | Office |  | $ | 12,400 |  |  | $ | 901 |  |  | April |  |  | 100.0 | % |  | $ | 196.01 |  |  |
2 |  | Multi-Tenant |  | Orlando |  | FL |  | LTL - Office |  |  | 64,675 |  |  |  | 5,174 |  |  | June |  |  | 99.7 | % |  | $ | 180.46 |  |  |
2 |  | TOTAL PROPERTY DISPOSITIONS |  |  |  |  |  |  |  | $ | 77,075 |  |  | $ | 6,075 |  |  |  |  |  |  |  |  |  |  |  |  |

|  | LOAN INVESTMENT SATISFACTION |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Property Type |  | Location |  | Satisfaction ($000) |  | Month of Satisfaction |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Retail (3) |  | Austin |  | TX |  | $ | 3,545 |  | June |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

Footnotes

| (1) | In addition, Lexington foreclosed on a loan investment and acquired the vacant office property collateral located in Southfield, MI. Lexington also acquired a 3.5 acre land parcel in Canonsburg, PA, for $650 thousand.

| (2) | Expansion substantially complete as of 6/30/2015; however, additional tenant build-out still in progress. Lexington's maximum cost is $15.3 million.

| (3) | Includes yield maintenance.

13

LEXINGTON REALTY TRUST

BUILD-TO-SUIT PROJECTS / FORWARD COMMITMENTS

6/30/2015

BUILD-TO-SUIT PROJECTED FUNDING SCHEDULE - LONG TERM LEASES (1)

|  | Location |  | Sq. Ft |  |  | Asset Type |  | Lease Term (Years) |  | Maximum Commitment/Estimated Completion Cost ($000) |  |  | Investment balance as of 6/30/15 ($000) |  |  | Estimated Cash Investment Next 12 Months ($000) |  |  | Estimated Completion/ Acquisition Date |  | Estimated Initial Cash Yield |  |  | Estimated GAAP Yield |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Q3 2015 |  |  | Q4 2015 |  |  | Q1 2016 |  |  | Q2 2016 |  |  |  |  |  |  |  |  |
1 |  | Oak Creek |  | WI |  |  | 164,000 |  |  | LTL - Industrial |  | 20 |  | $ | 22,609 |  |  | $ | 18,444 |  |  | $ | 3,743 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | 3Q 15 |  |  | 8.3 | % |  |  | 9.3 | %
2 |  | Richmond |  | VA |  |  | 330,000 |  |  | LTL - Office |  | 15 |  |  | 110,137 |  |  |  | 89,015 |  |  |  | 19,134 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | 3Q 15 |  |  | 8.0 | % |  |  | 8.6 | %
3 |  | Anderson |  | SC |  |  | 1,325,000 |  |  | LTL - Industrial |  | 20 |  |  | 70,012 |  |  |  | 7,133 |  |  |  | 12,605 |  |  |  | 16,626 |  |  |  | 16,626 |  |  |  | 16,626 |  |  | 2Q16 |  |  | 5.9 | % |  |  | 7.3 | %
4 |  | Lake Jackson |  | TX |  |  | 664,000 |  |  | LTL - Office |  | 20 |  |  | 166,164 |  |  |  | 32,455 |  |  |  | 21,600 |  |  |  | 24,000 |  |  |  | 24,000 |  |  |  | 24,000 |  |  | 4Q 16 |  |  | 7.3 | % |  |  | 8.9 | %
4 |  | TOTAL CONSOLIDATED BUILD-TO-SUIT PROJECTS (2) |  |  |  | $ | 368,922 |  |  | $ | 147,047 |  |  | $ | 57,082 |  |  | $ | 40,626 |  |  | $ | 40,626 |  |  | $ | 40,626 |  |  |  |  |  |  |  |  |  |  |
1 |  | Houston (3) |  | TX |  |  | 274,000 |  |  | LTL - Retail/Specialty |  | 20 |  | $ | 86,491 |  |  | $ | 21,660 |  |  | $ | 5,737 |  |  | $ | 12,147 |  |  | $ | 12,147 |  |  | $ | 12,147 |  |  | 3Q 16 |  |  | 7.5 | % |  |  | 7.5 | %
1 |  | TOTAL NON-CONSOLIDATED BUILD-TO-SUIT PROJECTS |  |  | $ | 86,491 |  |  | $ | 21,660 |  |  | $ | 5,737 |  |  | $ | 12,147 |  |  | $ | 12,147 |  |  | $ | 12,147 |  |  |  |  |  |  |  |  |  |  |
5 |  | TOTAL BUILD-TO-SUIT PROJECTS |  |  |  | $ | 455,413 |  |  | $ | 168,707 |  |  | $ | 62,819 |  |  | $ | 52,773 |  |  | $ | 52,773 |  |  | $ | 52,773 |  |  |  |  |  |  |  |  |  |  |

FORWARD COMMITMENTS - LONG TERM LEASES (1)

|  | Tenant |  | Location |  | Property Type |  | Sq. Ft. |  |  | Estimated Acquisition Cost ($000) |  |  | Estimated Completion/ Acquisition Date |  | Estimated Initial Cash Yield |  |  | Estimated GAAP Yield |  |  | Lease Term
1 |  | Preferred Freezer Services of Richland LLC (4) |  | Richland, WA |  | LTL - Industrial |  |  | 456,412 |  |  | $ | 155,000 |  |  | 4Q 15 |  |  | 7.1 | % |  |  | 8.6 | % |  | 20 yrs
2 |  | Chrysler Group LLC (5) |  | Detroit, MI |  | LTL - Industrial |  |  | 189,960 |  |  |  | 29,680 |  |  | 1Q 16 |  |  | 7.4 | % |  |  | 7.4 | % |  | 20 yrs
2 |  | TOTAL FORWARD COMMITMENTS |  |  |  |  |  |  | 646,372 |  |  | $ | 184,680 |  |  |  |  |  | 7.2 | % |  |  | 8.4 | % |  |

BUILD-TO-SUIT NOI (6)

|  | 2011 |  |  | 2012 |  |  | 2013 |  |  | 2014 |  |  | 2Q 2015 |
Net operating income ($000) |  | $ | 1,156 |  |  | $ | 5,268 |  |  | $ | 11,920 |  |  | $ | 21,438 |  |  | $ | 12,798 |

Footnotes

| (1) | Lexington can give no assurance that any of the build-to-suit projects or other potential investments that are under commitment or contract or in process will be completed.

| (2) | Investment balance in accordance with GAAP included in investment in real estate under construction. Aggregate equity invested is $152.3 million.

| (3) | Lexington has a 25% interest as of June 30, 2015. Lexington may provide construction financing up to $56.7 million to the joint venture. Estimated cash investments for next 12 months are Lexington's estimated contributions / loan amounts. Lease contains annual CPI increases.

| (4) | Lexington provided a $10.0 million letter of credit.

| (5) | Lexington funded a $2.5 million deposit.

| (6) | Net operating income generated from completed build-to-suit projects funded by Lexington beginning in 2010.

14

LEXINGTON REALTY TRUST

2015 Second Quarter Financing Summary

DEBT RETIRED

Location |  | Tenant (Guarantor) |  | Property Type |  | Face / Satisfaction ($000) |  |  | 2015 Estimated Property NOI ($000) |  |  | Fixed Rate |  |  | Maturity Date
Consolidated Mortgage Debt: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mission, TX |  | VoiceStream PCS II Corporation / T-Mobile West Corporation |  | Office |  | $ | 5,371 |  |  | $ | 994 |  |  |  | 5.783 | % |  | 06/2015
Owensboro, KY |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | Industrial |  |  | 4,702 |  |  |  | 1,208 |  |  |  | 4.990 | % |  | 07/2015
Elizabethtown, KY |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | Industrial |  |  | 8,531 |  |  |  | 2,838 |  |  |  | 4.990 | % |  | 07/2015
Elizabethtown, KY |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | Industrial |  |  | 1,553 |  |  |  | 537 |  |  |  | 4.990 | % |  | 07/2015
Hopkinsville, KY |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | Industrial |  |  | 4,964 |  |  |  | 1,687 |  |  |  | 4.990 | % |  | 07/2015
Dry Ridge, KY |  | Dana Light Axle Products, LLC (Dana Holding Corporation and Dana Limited) |  | Industrial |  |  | 5,008 |  |  |  | 1,346 |  |  |  | 4.990 | % |  | 07/2015
|  |  |  |  |  | $ | 30,129 |  |  | $ | 8,610 |  |  |  |  |  |  |
Corporate Debt: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
6% Convertible Notes |  | N/A |  | N/A |  | $ | 2,828 |  |  |  | N/A |  |  |  | 6.000 | % |  | 01/2017
Non-Consolidated Mortgage Debt: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oklahoma City, OK (1) |  | AT&T Corp. / AT&T Services, Inc. / New Cingular Wireless Services, Inc. |  | Office |  | $ | 13,673 |  |  | $ | 1,528 |  |  |  | 5.240 | % |  | 05/2015

Footnotes

| (1) | Lexington has a 40% interest in the property.

15

LEXINGTON REALTY TRUST

2015 Second Quarter Leasing Summary

LEASE EXTENSIONS

|  | Tenant (Guarantor) |  | Location |  | Prior Term |  | Lease Expiration Date |  | Sq. Ft. |  |  | New Cash Rent Per Annum ($000)(1) |  |  | Prior Cash Rent Per Annum ($000) |  |  | New GAAP Rent Per Annum ($000)(1) |  |  | Prior GAAP Rent Per Annum ($000) |
|  | Office / Multi-Tenant Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Nextel of Texas, Inc. (Nextel Finance Company) |  | Temple |  | TX |  | 01/2016 |  | 01/2021 |  |  | 54,117 |  |  | $ | 798 |  |  | $ | 833 |  |  | $ | 917 |  |  | $ | 670 |
2 |  | AT&T Corp. / AT&T Services, Inc. / New Cingular Wireless Services, Inc. (2) |  | Oklahoma City |  | OK |  | 11/2015 |  | 11/2020 |  |  | 103,500 |  |  |  | 1,371 |  |  |  | 1,294 |  |  |  | 1,331 |  |  |  | 1,288 |
3 |  | CopperPoint Mutual Insurance Company |  | Phoenix |  | AZ |  | 12/2029 |  | 12/2032 |  |  | 252,400 |  |  |  | 6,075 |  |  |  | 6,075 |  |  |  | 5,056 |  |  |  | 4,845 |
4-5 |  | Various |  | Various |  |  |  | 2015 |  | 2017 |  |  | 4,044 |  |  |  | 72 |  |  |  | 90 |  |  |  | 72 |  |  |  | 90 |
5 |  | Total office lease extensions |  |  |  |  |  |  |  |  |  |  | 414,061 |  |  | $ | 8,316 |  |  | $ | 8,292 |  |  | $ | 7,376 |  |  | $ | 6,893 |
|  | Industrial / Multi-Tenant Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Staples, Inc. |  | Henderson |  | NC |  | 06/2016 |  | 06/2018 |  |  | 196,946 |  |  | $ | 886 |  |  | $ | 837 |  |  | $ | 860 |  |  | $ | 812 |
2 |  | Asics America Corporation (Asics Corporation) |  | Byhalia |  | MS |  | 03/2026 |  | 03/2030 |  |  | 513,734 |  |  |  | 3,427 |  |  |  | 3,360 |  |  |  | 3,094 |  |  |  | 2,936 |
3-4 |  | Various |  | Antioch |  | TN |  | 04/2015 |  | 2017 - 2018 |  |  | 15,696 |  |  |  | 205 |  |  |  | 181 |  |  |  | 205 |  |  |  | 181 |
4 |  | Total industrial lease extensions |  |  |  |  |  |  |  |  |  |  | 726,376 |  |  | $ | 4,518 |  |  | $ | 4,378 |  |  | $ | 4,159 |  |  | $ | 3,929 |
9 |  | TOTAL EXTENDED LEASES |  |  |  |  |  |  |  |  |  |  | 1,140,437 |  |  | $ | 12,834 |  |  | $ | 12,670 |  |  | $ | 11,535 |  |  | $ | 10,822 |
NEW LEASES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Tenant (Guarantor) |  | Location |  |  |  | Lease Expiration Date |  | Sq. Ft. |  |  | New Cash Rent Per Annum ($000)(1) |  |  |  |  |  | New GAAP Rent Per Annum ($000)(1) |  |  |  |
|  | Office/Multi-Tenant Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Addenbrooke Classical Academy |  | Lakewood |  | CO |  |  |  | 07/2030 |  |  | 68,165 |  |  | $ | 385 |  |  |  |  |  |  | $ | 939 |  |  |  |  |
2 |  | Garden of Life, LLC (Atrium Innovations, Inc.) |  | Palm Beach Gardens |  | FL |  |  |  | 04/2023 |  |  | 4,604 |  |  |  | 99 |  |  |  |  |  |  |  | 95 |  |  |  |  |
3-4 |  | Various |  | Various |  | HI / PA |  |  |  | 2018 - 2020 |  |  | 2,790 |  |  |  | 55 |  |  |  |  |  |  |  | 55 |  |  |  |  |
4 |  | Total office new leases |  |  |  |  |  |  |  |  |  |  | 75,559 |  |  | $ | 539 |  |  |  |  |  |  | $ | 1,089 |  |  |  |  |
|  | Industrial / Multi-Tenant Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | TWB Company LLC |  | Antioch |  | TN |  |  |  | 09/2025 |  |  | 117,600 |  |  | $ | 380 |  |  |  |  |  |  | $ | 408 |  |  |  |  |
1 |  | Total industrial new lease |  |  |  |  |  |  |  |  |  |  | 117,600 |  |  | $ | 380 |  |  |  |  |  |  | $ | 408 |  |  |  |  |
5 |  | TOTAL NEW LEASES |  |  |  |  |  |  |  |  |  |  | 193,159 |  |  | $ | 919 |  |  |  |  |  |  | $ | 1,497 |  |  |  |  |
14 |  | TOTAL NEW AND EXTENDED LEASES |  |  |  |  |  |  |  |  |  |  | 1,333,596 |  |  | $ | 13,753 |  |  |  |  |  |  | $ | 13,032 |  |  |  |  |

16

LEXINGTON REALTY TRUST

2015 Second Quarter Leasing Summary (Continued)

LEASE NON-RENEWALS (3)

|  | Tenant (Guarantor) |  | Location |  | Lease Expiration Date |  | Sq. Ft. |  |  | 2014 Cash Rent ($000) |  |  | 2014 GAAP Rent ($000) |
|  | Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Invensys Systems, Inc. (Siebe, Inc.) |  | Foxboro |  | MA |  | 06/2015 |  |  | 164,689 |  |  | $ | 3,747 |  |  | $ | 3,747 |
2 |  | Nextel of Texas, Inc. (Nextel Finance Company) (4) |  | Temple |  | TX |  | 01/2016 |  |  | 54,683 |  |  |  | 842 |  |  |  | 677 |
|  | Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
3 |  | SKF USA, Inc. |  | Franklin |  | NC |  | 06/2015 |  |  | 72,868 |  |  |  | 456 |  |  |  | 271 |
3 |  | TOTAL LEASE NON-RENEWALS |  |  |  |  |  |  |  |  | 292,240 |  |  | $ | 5,045 |  |  | $ | 4,695 |

Footnotes

| (1) | Assumes twelve months rent from the later of 7/1/15 or lease commencement/extension, excluding free rent periods as applicable.

| (2) | Lexington has a 40% interest in the property.

| (3) | Excludes multi-tenant properties.

| (4) | The tenant renewed its lease for only 54,117 square feet out of 108,800 square feet.

17

LEXINGTON REALTY TRUST

Other Revenue Data

6/30/2015

($000)

Other Revenue Data

|  | GAAP Base Rent |
Asset Class |  | Six months ended |
|  | 6/30/15 (1) |  |  | 6/30/15 Percentage |  |  | 6/30/14 Percentage |
Long-Term Leases (2) |  | $ | 80,509 |  |  |  | 40.5 | % |  |  | 39.7 | %
Office |  |  | 67,952 |  |  |  | 34.1 | % |  |  | 38.3 | %
Industrial |  |  | 30,541 |  |  |  | 15.3 | % |  |  | 13.5 | %
Multi-tenant |  |  | 15,676 |  |  |  | 7.9 | % |  |  | 6.6 | %
Retail/Specialty |  |  | 4,376 |  |  |  | 2.2 | % |  |  | 1.9 | %
|  | $ | 199,054 |  |  |  | 100.0 | % |  |  | 100.0 | %

|  | GAAP Base Rent |
Long-Term Leases (2) |  | Six months ended |
|  | 6/30/15 (1) |  |  | 6/30/15 Percentage |  |  | 6/30/14 Percentage |
Land / Infrastructure |  | $ | 30,644 |  |  |  | 38.1 | % |  |  | 34.1 | %
Office |  |  | 27,577 |  |  |  | 34.2 | % |  |  | 41.6 | %
Industrial |  |  | 20,356 |  |  |  | 25.3 | % |  |  | 22.6 | %
Retail/Specialty |  |  | 1,932 |  |  |  | 2.4 | % |  |  | 1.7 | %
|  | $ | 80,509 |  |  |  | 100.0 | % |  |  | 100.0 | %

|  | GAAP Base Rent |
Asset Class (3) |  | Six months ended |
|  | 6/30/15 (1) |  |  | 6/30/15 Percentage |  |  | 6/30/14 Percentage |
Land/ Infrastructure |  | $ | 30,644 |  |  |  | 15.4 | % |  |  | 13.5 | %
Office |  |  | 95,529 |  |  |  | 48.0 | % |  |  | 54.8 | %
Industrial |  |  | 50,897 |  |  |  | 25.6 | % |  |  | 22.5 | %
Multi-Tenant |  |  | 15,676 |  |  |  | 7.9 | % |  |  | 6.6 | %
Retail/Specialty |  |  | 6,308 |  |  |  | 3.1 | % |  |  | 2.6 | %
|  | $ | 199,054 |  |  |  | 100.0 | % |  |  | 100.0 | %

|  | GAAP Base Rent |
Credit Ratings (4) |  | Six months ended |
|  | 6/30/15 (1) |  |  | 6/30/15 Percentage |  |  | 6/30/14 Percentage |
Investment Grade |  | $ | 71,219 |  |  |  | 35.8 | % |  |  | 38.5 | %
Non-Investment Grade |  |  | 27,414 |  |  |  | 13.8 | % |  |  | 11.3 | %
Unrated |  |  | 100,421 |  |  |  | 50.4 | % |  |  | 50.2 | %
|  | $ | 199,054 |  |  |  | 100.0 | % |  |  | 100.0 | %

Footnotes

| (1) | Six months ended 6/30/2015 GAAP base rent recognized for consolidated properties owned as of 6/30/2015.

| (2) | Long-term leases are defined as leases having a term of ten years or longer.

| (3) | Long-term leases included and reclassified by property type.

| (4) | Credit ratings are based upon either tenant, guarantor or parent. Generally, multi-tenant assets are included in unrated.

18

LEXINGTON REALTY TRUST

Other Revenue Data (Continued)

6/30/2015

($000)

Weighted-Average Lease Term - Cash Basis |  | As of 6/30/15 |  | As of 6/30/14
|  | 12.2 years |  | 11.3 years

Weighted-Average Lease Term - Cash Basis - Adjusted (1) |  | As of 6/30/15 |  | As of 6/30/14
|  | 8.7 years |  | 8.4 years
Base Rent Estimates for Current Assets |  |  |  |

Year |  | Cash (2) |  |  | GAAP (2) |  |  | Projected Straight- line / GAAP Rent Adjustment |
2015-remaining |  | $ | 171,737 |  |  | $ | 196,893 |  |  | $ | (25,156 | )
2016 |  | $ | 341,009 |  |  | $ | 382,894 |  |  | $ | (41,885 | )

Same-Store NOI (3)(4)

|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Total Base Rent |  | $ | 78,564 |  |  | $ | 78,217 |  |  | $ | 164,241 |  |  | $ | 166,319 |
Tenant Reimbursements |  |  | 7,696 |  |  |  | 7,519 |  |  |  | 15,818 |  |  |  | 15,115 |
Property Operating Expenses |  |  | (14,211 | ) |  |  | (13,198 | ) |  |  | (28,832 | ) |  |  | (27,164 | )
Same-Store NOI |  | $ | 72,049 |  |  | $ | 72,538 |  |  | $ | 151,227 |  |  | $ | 154,270 |
Change in Same-Store NOI |  |  | (0.7) | % |  |  |  |  |  |  | (2.0) | % |  |  |  |

Same-Store Percent Leased (4) |  |  | As of 6/30/15 |  |  |  | As of 6/30/14 |  |  |  |  |  |  |  |  |
|  |  | 97.2 | % |  |  | 98.6 | % |  |  |  |  |  |  |  |
Lease Escalation Data (5) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

Footnotes

| (1) | Adjusted to reflect NY land leases to first purchase option date.

| (2) | Amounts assume (1) lease terms for non-cancellable periods only and (2) no new or renegotiated leases are entered into after 6/30/2015.

| (3) | NOI is on a consolidated cash basis. Excludes potential foreclosures.

| (4) | Excludes potential foreclosures on Rochester, NY and Bridgewater, NJ properties.

| (5) | Based on six months consolidated Cash base rents for single-tenant leases. Excludes parking operations and $3.1 million in step-down leases.

19

LEXINGTON REALTY TRUST

Portfolio Detail By Asset Class

6/30/2015

( $000, except square footage)

Asset Class |  | YE 2012 |  |  | YE 2013 |  |  | YE 2014 |  |  | 2Q 2015 |
Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 64.3 | % |  |  | 61.3 | % |  |  | 51.4 | % |  |  | 48.0 | %
LTL |  |  | 22.4 | % |  |  | 26.8 | % |  |  | 31.8 | % |  |  | 28.9 | %
STL |  |  | 77.6 | % |  |  | 73.2 | % |  |  | 68.2 | % |  |  | 71.1 | %
Leased |  |  | 98.6 | % |  |  | 99.0 | % |  |  | 98.6 | % |  |  | 98.9 | %
Wtd. Avg. Lease Term (2) |  |  | 6.6 |  |  |  | 7.2 |  |  |  | 7.4 |  |  |  | 7.3 |
Mortgage Debt |  | $ | 1,078,345 |  |  | $ | 692,460 |  |  | $ | 426,635 |  |  | $ | 338,647 |
% Investment Grade (1) |  |  | 62.1 | % |  |  | 57.2 | % |  |  | 53.7 | % |  |  | 50.2 | %
Square Feet |  |  | 15,726,609 |  |  |  | 15,316,875 |  |  |  | 13,264,134 |  |  |  | 12,701,508 |
Cash Rent |  | $ | 198,183 |  |  | $ | 214,774 |  |  | $ | 192,865 |  |  | $ | 93,826 |
Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 22.9 | % |  |  | 23.2 | % |  |  | 23.0 | % |  |  | 25.6 | %
LTL |  |  | 33.7 | % |  |  | 35.2 | % |  |  | 42.8 | % |  |  | 40.0 | %
STL |  |  | 66.3 | % |  |  | 64.8 | % |  |  | 57.2 | % |  |  | 60.0 | %
Leased |  |  | 99.6 | % |  |  | 99.8 | % |  |  | 99.7 | % |  |  | 99.6 | %
Wtd. Avg. Lease Term (2) |  |  | 7.5 |  |  |  | 7.2 |  |  |  | 7.9 |  |  |  | 8.2 |
Mortgage Debt |  | $ | 221,055 |  |  | $ | 206,209 |  |  | $ | 177,951 |  |  | $ | 185,352 |
% Investment Grade (1) |  |  | 23.1 | % |  |  | 34.1 | % |  |  | 29.3 | % |  |  | 30.6 | %
Square Feet |  |  | 21,317,359 |  |  |  | 21,473,994 |  |  |  | 22,612,691 |  |  |  | 25,109,517 |
Cash Rent |  | $ | 70,600 |  |  | $ | 84,039 |  |  | $ | 89,991 |  |  | $ | 50,930 |
Land/Infrastructure |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 0.5 | % |  |  | 4.9 | % |  |  | 14.3 | % |  |  | 15.4 | %
LTL |  |  | 100.0 | % |  |  | 100.0 | % |  |  | 100.0 | % |  |  | 100.0 | %
STL |  |  | 0.0 | % |  |  | 0.0 | % |  |  | 0.0 | % |  |  | 0.0 | %
Leased |  |  | 100.0 | % |  |  | 100.0 | % |  |  | 100.0 | % |  |  | 100.0 | %
Wtd. Avg. Lease Term (2) |  |  | 19.1 |  |  |  | 72.7 |  |  |  | 73.1 |  |  |  | 71.0 |
Wtd. Avg. Lease Term Adjusted (3) |  |  | 19.1 |  |  |  | 23.7 |  |  |  | 22.8 |  |  |  | 23.2 |
Mortgage Debt |  | $ | - |  |  | $ | 213,500 |  |  | $ | 213,475 |  |  | $ | 242,594 |
% Investment Grade (1) |  |  | 0.0 | % |  |  | 0.2 | % |  |  | 0.4 | % |  |  | 0.4 | %
Cash Rent |  | $ | 1,219 |  |  | $ | 9,259 |  |  | $ | 22,717 |  |  | $ | 12,673 |
Multi-Tenant |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 9.0 | % |  |  | 7.9 | % |  |  | 8.7 | % |  |  | 7.9 | %
Leased |  |  | 67.4 | % |  |  | 66.4 | % |  |  | 53.9 | % |  |  | 52.3 | %
Wtd. Avg. Lease Term (2) |  |  | 7.1 |  |  |  | 7.0 |  |  |  | 6.9 |  |  |  | 6.1 |
Mortgage Debt |  | $ | 102,582 |  |  | $ | 71,754 |  |  | $ | 116,763 |  |  | $ | 86,352 |
% Investment Grade (1) |  |  | 33.2 | % |  |  | 34.5 | % |  |  | 19.3 | % |  |  | 42.2 | %
Square Feet |  |  | 2,396,631 |  |  |  | 2,259,189 |  |  |  | 2,414,889 |  |  |  | 2,738,578 |
Cash Rent |  | $ | 25,169 |  |  | $ | 27,941 |  |  | $ | 34,458 |  |  | $ | 15,066 |
Retail/Specialty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 3.3 | % |  |  | 2.7 | % |  |  | 2.6 | % |  |  | 3.1 | %
LTL |  |  | 15.3 | % |  |  | 21.0 | % |  |  | 28.1 | % |  |  | 30.6 | %
STL |  |  | 84.7 | % |  |  | 79.0 | % |  |  | 71.9 | % |  |  | 69.4 | %
Leased |  |  | 99.3 | % |  |  | 98.5 | % |  |  | 94.3 | % |  |  | 97.9 | %
Wtd. Avg. Lease Term (2) |  |  | 8.0 |  |  |  | 7.2 |  |  |  | 9.1 |  |  |  | 8.6 |
Mortgage Debt |  | $ | 13,979 |  |  | $ | 13,566 |  |  | $ | 13,170 |  |  | $ | 12,915 |
% Investment Grade (1) |  |  | 22.0 | % |  |  | 18.7 | % |  |  | 22.4 | % |  |  | 15.4 | %
Square Feet |  |  | 1,755,608 |  |  |  | 1,489,267 |  |  |  | 1,447,724 |  |  |  | 1,395,517 |
Cash Rent |  | $ | 8,186 |  |  | $ | 7,947 |  |  | $ | 8,948 |  |  | $ | 3,969 |
Loans Receivable |  | $ | 72,540 |  |  | $ | 99,443 |  |  | $ | 105,635 |  |  | $ | 108,309 |
Construction in progress (4) |  | $ | 71,634 |  |  | $ | 78,656 |  |  | $ | 121,184 |  |  | $ | 152,579 |

Footnotes

(1) Percentage of GAAP base rent.

(2) Cash basis.

(3) Cash basis adjusted to reflect NY land leases to first purchase option date.

(4) Includes development classified as real estate under construction on a consolidated basis.

20

LEXINGTON REALTY TRUST

Portfolio Composition

6/30/2015

Footnotes

(1) Based on gross book value of assets as of 6/30/2015.

(2) Based on six months GAAP base rent as of 6/30/2015.

21

LEXINGTON REALTY TRUST

Components of Net Asset Value

6/30/2015

($000)

The purpose of providing the following information is to enable readers to derive their own estimate of net asset value. This information is not intended to be an asset-by-asset or enterprise valuation.

Consolidated properties six month cash net operating income (NOI) (1) |  |  |  |
Land/ Infrastructure |  | $ | 12,703 |
Office |  |  | 87,313 |
Industrial |  |  | 52,350 |
Multi-Tenant |  |  | 5,785 |
Retail/Specialty |  |  | 4,579 |
Total Net Operating Income |  | $ | 162,730 |
Lexington's share of non-consolidated six month NOI (1) |  |  |  |
Land/Infrastructure |  | $ | 134 |
Office |  |  | 1,194 |
Retail/Specialty |  |  | 607 |
|  | $ | 1,935 |
Other income |  |  |  |
Advisory fees |  | $ | 105 |

In service assets not fairly valued by capitalized NOI method (1) |  |  |  |
Wholly-owned assets |  | $ | 116,832 |
Add other assets: |  |  |  |
Loans receivable |  | $ | 108,309 |
Development investment at cost incurred |  |  | 165,291 |
Cash and cash equivalents |  |  | 64,382 |
Restricted cash |  |  | 12,844 |
Accounts receivable, net |  |  | 8,523 |
Other assets |  |  | 26,113 |
Total other assets |  | $ | 385,462 |
Liabilities: |  |  |  |
Corporate level debt |  | $ | 1,237,395 |
Mortgages and notes payable |  |  | 865,860 |
Dividends payable |  |  | 43,628 |
Accounts payable, accrued expenses and other liabilities |  |  | 68,894 |
Preferred stock, at liquidation value |  |  | 96,770 |
Lexington's share of non-consolidated mortgages |  |  | 8,647 |
Total deductions |  | $ | 2,321,194 |
Common shares & OP units at 6/30/2015 |  |  | 239,793,584 |

Footnotes

| (1) | Six months ended June 30, 2015 Cash NOI for the existing property portfolio excludes straight-line income, other GAAP adjustments, minority interests' share of NOI and NOI related to assets undervalued by a capitalized NOI method. Assets undervalued by a capitalized NOI method are identified generally by occupancies under 70%. For assets in this category an NOI capitalization approach is not appropriate and accordingly the company's net book value has been used. NOI has been adjusted for acquisitions, divestitures, and changes in occupancy during the period, as applicable.

22

LEXINGTON REALTY TRUST

Top Markets

6/30/2015

|  | Core Based Statistical Area (2) |  | Percent of GAAP Base Rent as of 6/30/15 (1) |
1 |  | New York-Northern New Jersey-Long Island, NY-NJ-PA |  |  | 15.8 | %
2 |  | Dallas-Fort Worth-Arlington, TX |  |  | 6.6 | %
3 |  | Houston-Sugar Land-Baytown, TX |  |  | 6.0 | %
4 |  | Memphis, TN-MS-AR |  |  | 4.2 | %
5 |  | Baltimore-Towson, MD |  |  | 4.1 | %
6 |  | Kansas City, MO-KS |  |  | 3.7 | %
7 |  | Phoenix-Mesa-Scottsdale, AZ |  |  | 3.7 | %
8 |  | Boston-Cambridge-Quincy, MA-NH |  |  | 2.9 | %
9 |  | Denver-Aurora, CO |  |  | 2.2 | %
10 |  | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |  |  | 2.1 | %
11 |  | Detroit-Warren-Livonia, MI |  |  | 2.0 | %
12 |  | Columbus, OH |  |  | 1.9 | %
13 |  | Orlando-Kissimmee, FL |  |  | 1.8 | %
14 |  | Charlotte-Gastonia-Rock Hill, NC-SC |  |  | 1.8 | %
15 |  | Las Vegas-Paradise, NV |  |  | 1.7 | %
16 |  | San Jose-Sunnyvale-Santa Clara, CA |  |  | 1.7 | %
17 |  | Indianapolis-Carmel, IN |  |  | 1.6 | %
18 |  | Chicago-Naperville-Joliet, IL-IN-WI |  |  | 1.5 | %
19 |  | Cincinnati-Middletown, OH-KY-IN |  |  | 1.5 | %
20 |  | Atlanta-Sandy Springs-Marietta, GA |  |  | 1.4 | %
|  | Total Top Markets (3) |  |  | 68.2 | %

Footnotes

| (1) | Six months ended 6/30/2015 GAAP base rent recognized for consolidated properties owned as of 6/30/2015.

| (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.

23

LEXINGTON REALTY TRUST

Single-Tenant Office Markets

6/30/2015

Footnotes

| (1) | Six months ended 6/30/2015 GAAP base rent recognized for consolidated office properties owned as of 6/30/2015. Includes long-term office properties.

| (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.

24

LEXINGTON REALTY TRUST

Tenant Industry Diversification

6/30/2015

Footnotes

| (1) | Six months ended 6/30/2015 GAAP base rent recognized for consolidated properties owned as of 6/30/2015.

25

LEXINGTON REALTY TRUST

Top 10 Tenants or Guarantors

6/30/2015

Top 10 Tenants or Guarantors - Cash Basis

Tenants or Guarantors |  | Number of Leases |  | Sq. Ft. Leased |  |  | Sq. Ft. Leased as a Percent of Consolidated Portfolio (2) |  |  | Cash Base Rent as of 6/30/2015 ($000) (1) |  |  | Percent of Cash Base Rent as of 6/30/2015 ($000) (1) (2) |
Fed Ex Corporation / Federal Express Corporation |  | 3 |  |  | 787,829 |  |  |  | 1.9 | % |  | $ | 6,284 |  |  |  | 3.6 | %
Baker Hughes, Inc. (4) |  | 1 |  |  | 554,385 |  |  |  | 1.3 | % |  |  | 5,613 |  |  |  | 3.2 | %
Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | 7 |  |  | 2,053,359 |  |  |  | 4.9 | % |  |  | 5,111 |  |  |  | 2.9 | %
United States of America |  | 3 |  |  | 398,214 |  |  |  | 0.9 | % |  |  | 4,566 |  |  |  | 2.6 | %
Swiss Re America Holding Corporation / Westport Insurance Corporation |  | 2 |  |  | 476,123 |  |  |  | 1.1 | % |  |  | 3,757 |  |  |  | 2.1 | %
Xerox Corporation |  | 1 |  |  | 202,000 |  |  |  | 0.5 | % |  |  | 3,535 |  |  |  | 2.0 | %
Michelin North America, Inc. |  | 3 |  |  | 2,503,916 |  |  |  | 5.9 | % |  |  | 3,520 |  |  |  | 2.0 | %
T-Mobile USA, Inc. / T-Mobile West Corporation |  | 5 |  |  | 386,078 |  |  |  | 0.9 | % |  |  | 3,475 |  |  |  | 2.0 | %
LG-39 Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 2,876 |  |  |  | 1.6 | %
Industrial Terminals Management, LLC |  | 1 |  |  | 132,449 |  |  |  | 0.3 | % |  |  | 2,723 |  |  |  | 1.5 | %
|  | 27 |  |  | 7,494,353 |  |  |  | 17.8 | % |  | $ | 41,460 |  |  |  | 23.5 | %

Top 10 Tenants or Guarantors - GAAP Basis

Tenants or Guarantors |  | Number of Leases |  | Sq. Ft. Leased |  |  | Sq. Ft. Leased as a Percent of Consolidated Portfolio (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | Percent of GAAP Base Rent as of 6/30/2015 ($000) (3) (2) |
LG-39 Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  | $ | 8,686 |  |  |  | 4.4 | %
FC-Canal Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 7,445 |  |  |  | 3.7 | %
AL-Stone Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 6,795 |  |  |  | 3.4 | %
FedEx Corporation / Federal Express Corporation |  | 3 |  |  | 787,829 |  |  |  | 1.9 | % |  |  | 6,449 |  |  |  | 3.2 | %
Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | 7 |  |  | 2,053,359 |  |  |  | 4.9 | % |  |  | 4,970 |  |  |  | 2.5 | %
United States of America |  | 3 |  |  | 398,214 |  |  |  | 0.9 | % |  |  | 4,752 |  |  |  | 2.4 | %
Swiss Re America Holding Corporation / Westport Insurance Corporation |  | 2 |  |  | 476,123 |  |  |  | 1.1 | % |  |  | 3,773 |  |  |  | 1.9 | %
Baker Hughes, Inc. |  | 1 |  |  | 554,385 |  |  |  | 1.3 | % |  |  | 3,688 |  |  |  | 1.9 | %
Michelin North America, Inc. |  | 3 |  |  | 2,503,916 |  |  |  | 5.9 | % |  |  | 3,541 |  |  |  | 1.8 | %
Industrial Terminals Management, L.L.C. |  | 1 |  |  | 132,449 |  |  |  | 0.3 | % |  |  | 3,387 |  |  |  | 1.7 | %
|  | 23 |  |  | 6,906,275 |  |  |  | 16.4 | % |  | $ | 53,486 |  |  |  | 26.9 | %

Footnotes

(1) Six months ended 6/30/2015 Cash base rent recognized for consolidated properties owned as of 6/30/2015.

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

(3) Six months ended 6/30/2015 GAAP base rent recognized for consolidated properties owned as of 6/30/2015.

(4) Tenant pays rent semi-annually in uneven amounts.

26

LEXINGTON REALTY TRUST

Lease Rollover Schedule - Consolidated Single-Tenant Properties GAAP Basis

6/30/2015

Year |  | Number of Leases Expiring |  |  | GAAP Base Rent as of 6/30/2015 ($000) |  |  | Percent of GAAP Base Rent as of 6/30/2015 |  |  | Percent of GAAP Base Rent as of 6/30/2014 |
2015 - remaining |  |  | 1 |  |  | $ | 244 |  |  |  | 0.1 | % |  |  | 1.8 | %
2016 |  |  | 14 |  |  |  | 8,720 |  |  |  | 4.8 | % |  |  | 5.8 | %
2017 |  |  | 17 |  |  |  | 10,243 |  |  |  | 5.7 | % |  |  | 6.9 | %
2018 |  |  | 31 |  |  |  | 13,585 |  |  |  | 7.5 | % |  |  | 6.8 | %
2019 |  |  | 20 |  |  |  | 14,729 |  |  |  | 8.1 | % |  |  | 7.5 | %
2020 |  |  | 18 |  |  |  | 14,036 |  |  |  | 7.7 | % |  |  | 5.3 | %
2021 |  |  | 11 |  |  |  | 10,868 |  |  |  | 6.0 | % |  |  | 5.6 | %
2022 |  |  | 8 |  |  |  | 6,388 |  |  |  | 3.5 | % |  |  | 3.3 | %
2023 |  |  | 5 |  |  |  | 6,613 |  |  |  | 3.6 | % |  |  | 6.8 | %
2024 |  |  | 9 |  |  |  | 7,055 |  |  |  | 3.9 | % |  |  | 3.3 | %
2025 - Q1 & Q2 |  |  | 11 |  |  |  | 8,208 |  |  |  | 4.5 | % |  |  | 3.6 | %
Thereafter |  |  | 60 |  |  |  | 80,509 |  |  |  | 44.4 | % |  |  | 37.6 | %
Total (1) |  |  | 205 |  |  | $ | 181,198 |  |  |  | 100.0 | % |  |  |  |

Footnotes

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

27

LEXINGTON REALTY TRUST

Lease Rollover Schedule - Consolidated Properties GAAP Basis

6/30/2015

Year |  | Number of Leases Expiring |  |  | GAAP Base Rent as of 6/30/2015 ($000) |  |  | Percent of GAAP Base Rent as of 6/30/2015 |
2015 - remaining |  |  | 28 |  |  | $ | 682 |  |  |  | 0.4 | %
2016 |  |  | 32 |  |  | $ | 9,627 |  |  |  | 5.0 | %
2017 |  |  | 24 |  |  | $ | 10,427 |  |  |  | 5.4 | %
2018 |  |  | 36 |  |  | $ | 14,664 |  |  |  | 7.6 | %
2019 |  |  | 31 |  |  | $ | 16,471 |  |  |  | 8.6 | %
2020 |  |  | 20 |  |  | $ | 14,198 |  |  |  | 7.4 | %
2021 |  |  | 14 |  |  | $ | 13,911 |  |  |  | 7.2 | %
2022 |  |  | 9 |  |  | $ | 6,418 |  |  |  | 3.3 | %
2023 |  |  | 6 |  |  | $ | 6,678 |  |  |  | 3.5 | %
2024 |  |  | 11 |  |  | $ | 7,172 |  |  |  | 3.7 | %
2025 - Q1 & Q2 |  |  | 11 |  |  | $ | 8,208 |  |  |  | 4.3 | %
Thereafter |  |  | 63 |  |  | $ | 83,788 |  |  |  | 43.6 | %
Total (1) |  |  | 285 |  |  | $ | 192,244 |  |  |  | 100.0 | %

Footnotes

(1) Total shown may differ from detailed amounts due to rounding and does not include parking operations.

28

LEXINGTON REALTY TRUST

Property Leases and Vacancies- Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Property Type |  | Sq.Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
LONG-TERM LEASE PROPERTIES
2025 |  | 7/14/2025 |  | 590 Ecology Ln. |  | Chester |  | SC |  | — |  | Boral Stone Products LLC (Boral Limited) |  | Industrial |  |  | 420,597 |  |  |  | 1,111 |  |  |  | 814 |  |  |  | 9,012 |  |  | 08/2025
|  | 7/31/2025 |  | 7005 Cochran Rd. |  | Glenwillow |  | OH |  | — |  | Royal Appliance Mfg. Co. |  | Industrial |  |  | 458,000 |  |  |  | 1,020 |  |  |  | 1,126 |  |  |  | 15,466 |  |  | 09/2016
|  | 9/30/2025 |  | 10001 Richmond Ave. |  | Houston |  | TX |  | 18 |  | Baker Hughes Incorporated / Schlumberger Holdings Corp. |  | Office |  |  | 554,385 |  |  |  | 5,613 |  |  |  | 3,688 |  |  |  | - |  |  | -
|  | 11/30/2025 |  | 11707 Miracle Hills Dr. |  | Omaha |  | NE |  | — |  | Infocrossing, Inc. |  | Office |  |  | 85,200 |  |  |  | 583 |  |  |  | 583 |  |  |  | 7,684 |  |  | 04/2016
|  | 12/31/2025 |  | 1700 47th Ave North |  | Minneapolis |  | MN |  | — |  | Owens Corning Roofing and Asphalt, LLC |  | Industrial |  |  | 18,620 |  |  |  | 275 |  |  |  | 275 |  |  |  | - |  |  | -
|  |  |  | 2005 East Technology Cir. |  | Tempe |  | AZ |  | — |  | Infocrossing, Inc. |  | Office |  |  | 60,000 |  |  |  | 564 |  |  |  | 564 |  |  |  | 7,257 |  |  | 04/2016
|  |  |  | 4001 International Pkwy. |  | Carrollton |  | TX |  | — |  | Motel 6 Operating, LP |  | Office |  |  | 138,443 |  |  |  | 1,034 |  |  |  | 1,113 |  |  |  | - |  |  | -
2026 |  | 3/30/2026 |  | 121 Technology Dr. |  | Durham |  | NH |  | 15 |  | Heidelberg Americas, Inc. (Heidelberger Druckmaschinen AG) / Goss International Americas, Inc. (Goss International Corporation) |  | Industrial |  |  | 500,500 |  |  |  | 2,105 |  |  |  | 1,269 |  |  |  | - |  |  | -
|  | 3/31/2026 |  | 500 Olde Worthington Rd. |  | Westerville |  | OH |  | — |  | InVentiv Communications, Inc. |  | Office |  |  | 97,000 |  |  |  | 557 |  |  |  | 628 |  |  |  | - |  |  | -
|  |  |  | 633 Garrett Pkwy. |  | Lewisburg |  | TN |  | — |  | Calsonic Kansei North America, Inc. |  | Industrial |  |  | 310,000 |  |  |  | 609 |  |  |  | 655 |  |  |  | - |  |  | -
|  | 6/30/2026 |  | 333 Mt. Hope Ave. |  | Rockaway |  | NJ |  | — |  | Atlantic Health System, Inc. |  | Office |  |  | 60,258 |  |  |  | 0 |  |  |  | 376 |  |  |  | - |  |  | -
|  |  |  | 351 Chamber Dr. |  | Chillicothe |  | OH |  | — |  | The Kitchen Collection, Inc. |  | Industrial |  |  | 475,218 |  |  |  | 535 |  |  |  | 580 |  |  |  | - |  |  | -
|  | 8/31/2026 |  | 25500 State Hwy. 249 |  | Tomball |  | TX |  | — |  | Parkway Chevrolet, Inc. (Raymond Durdin & Jean W. Durdin) |  | Specialty |  |  | 77,076 |  |  |  | 718 |  |  |  | 702 |  |  |  | 8,535 |  |  | 11/2016
|  | 9/30/2026 |  | 900 Industrial Blvd. |  | Crossville |  | TN |  | — |  | Dana Commercial Vehicle Products, LLC |  | Industrial |  |  | 222,200 |  |  |  | 289 |  |  |  | 289 |  |  |  | - |  |  | -
|  | 10/31/2026 |  | 5001 Greenwood Rd. |  | Shreveport |  | LA |  | — |  | Libbey Glass Inc. (Libbey Inc.) |  | Industrial |  |  | 646,000 |  |  |  | 1,051 |  |  |  | 1,083 |  |  |  | 19,000 |  |  | 07/2017
|  | 11/30/2026 |  | 250 Rittenhouse Cir. |  | Bristol |  | PA |  | — |  | Northtec LLC (The Estée Lauder Companies Inc.) |  | Industrial |  |  | 241,977 |  |  |  | 545 |  |  |  | 573 |  |  |  | - |  |  | -
|  |  |  | 500 Kinetic Dr. |  | Huntington |  | WV |  | — |  | AMZN WVCS LLC (Amazon.com, Inc.) |  | Office |  |  | 68,693 |  |  |  | 534 |  |  |  | 634 |  |  |  | 6,500 |  |  | 02/2017
|  | 12/29/2026 |  | 5500 New Albany Rd. |  | Columbus |  | OH |  | — |  | Evans, Mechwart, Hambleton & Tilton, Inc. |  | Office |  |  | 104,807 |  |  |  | 806 |  |  |  | 869 |  |  |  | - |  |  | -
2027 |  | 2/28/2027 |  | 554 Nissan Parkway |  | Canton |  | MS |  | — |  | Nissan North America, Inc. |  | Industrial |  |  | 1,466,000 |  |  |  | 1,441 |  |  |  | 1,567 |  |  |  | - |  |  | -
|  | 4/30/2027 |  | 1315 West Century Dr. |  | Louisville |  | CO |  | 5 |  | Global Healthcare Exchange, Inc. (Global Healthcare Exchange, LLC) |  | Office |  |  | 106,877 |  |  |  | 576 |  |  |  | 628 |  |  |  | - |  |  | -
|  |  |  | 2424 Alpine Rd. |  | Eau Claire |  | WI |  | — |  | Silver Spring Foods, Inc. (Huntsinger Farms, Inc.) |  | Industrial |  |  | 159,000 |  |  |  | 535 |  |  |  | 501 |  |  |  | - |  |  | -
|  | 6/30/2027 |  | 3902 Gene Field Rd |  | St. Joseph |  | MO |  | — |  | Boehringer Ingelheim Vetmedica, Inc. (Boehringer Ingelheim USA Corporation) |  | Office |  |  | 98,849 |  |  |  | 892 |  |  |  | 997 |  |  |  | - |  |  | -
|  | 7/6/2027 |  | 2221 Schrock Rd. |  | Columbus |  | OH |  | — |  | MS Consultants, Inc. |  | Office |  |  | 42,290 |  |  |  | 291 |  |  |  | 320 |  |  |  | - |  |  | -
|  | 8/7/2027 |  | 25 Lakeview Dr. |  | Jessup |  | PA |  | — |  | TMG Health, Inc. |  | Office |  |  | 150,000 |  |  |  | 994 |  |  |  | 1,250 |  |  |  | - |  |  | -
|  | 10/31/2027 |  | 11201 Renner Blvd. |  | Lenexa |  | KS |  | — |  | United States of America |  | Office |  |  | 169,585 |  |  |  | 2,794 |  |  |  | 3,051 |  |  |  | 37,488 |  |  | 11/2027
|  | 11/30/2027 |  | 1700 Millrace Dr. |  | Eugene |  | OR |  | 17 |  | Oregon Research Institute / Educational Policy Improvement Center |  | Office |  |  | 80,011 |  |  |  | 838 |  |  |  | 1,039 |  |  |  | - |  |  | -
|  | 12/31/2027 |  | 10590 Hamilton Ave. |  | Cincinnati |  | OH |  | — |  | The Hillman Group, Inc. |  | Industrial |  |  | 264,598 |  |  |  | 391 |  |  |  | 406 |  |  |  | - |  |  | -
2028 |  | 3/31/2028 |  | 29-01-Borden Ave./29-10 Hunters Point Ave. |  | Long Island City |  | NY |  | — |  | FedEx Ground Package System, Inc. (FedEx Corporation) |  | Industrial |  |  | 140,330 |  |  |  | 2,385 |  |  |  | 2,568 |  |  |  | 50,289 |  |  | 03/2028
|  | 4/30/2028 |  | 9655 Maroon Circle |  | Englewood |  | CO |  | — |  | TriZetto Corporation |  | Office |  |  | 166,912 |  |  |  | 1,738 |  |  |  | 1,922 |  |  |  | - |  |  | -
|  | 8/31/2028 |  | 9803 Edmonds Way |  | Edmonds |  | WA |  | — |  | Pudget Consumers Co-op d/b/a PCC Natural Markets |  | Retail |  |  | 35,459 |  |  |  | 323 |  |  |  | 323 |  |  |  | - |  |  | -
|  | 11/30/2028 |  | 832 N. Westover Blvd . |  | Albany |  | GA |  | — |  | Gander Mountain Company |  | Retail |  |  | 45,554 |  |  |  | 314 |  |  |  | 347 |  |  |  | - |  |  | -
2029 |  | 1/31/2029 |  | 6226 West Sahara Ave. |  | Las Vegas |  | NV |  | — |  | Nevada Power Company |  | Office |  |  | 282,000 |  |  |  | 1,545 |  |  |  | 2,126 |  |  |  | - |  |  | -
|  |  |  | 175 Holt Garrison Pkwy. |  | Danville |  | VA |  | — |  | Home Depot USA, Inc. |  | Land and Infrastructure |  |  | 0 |  |  |  | 130 |  |  |  | 108 |  |  |  | - |  |  | -
|  | 3/31/2029 |  | 2800 High Meadow Circle |  | Auburn Hills |  | MI |  | — |  | Faurecia USA Holdings, Inc. |  | Office |  |  | 278,000 |  |  |  | 960 |  |  |  | 1,096 |  |  |  | - |  |  | -
|  | 11/24/2029 |  | 318 Pappy Dunn Blvd. |  | Anniston |  | AL |  | — |  | International Automotive Components Group North America, Inc. |  | Industrial |  |  | 276,782 |  |  |  | 786 |  |  |  | 870 |  |  |  | - |  |  | -
2030 |  | 3/31/2030 |  | 459 Wingo Rd. |  | Byhalia |  | MS |  | — |  | Asics America Corporation (Asics Corporation) |  | Industrial |  |  | 855,878 |  |  |  | 1,650 |  |  |  | 1,838 |  |  |  | 15,000 |  |  | 06/2016
|  | 4/7/2030 |  | 810 Gears Rd. |  | Houston |  | TX |  | — |  | United States of America |  | Office |  |  | 68,985 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  | 5/31/2030 |  | 3301 Stagecoach Rd. NE |  | Thomson |  | GA |  | — |  | Hollander Sleep Products, LLC (Hollander Home Fashions Holdings) |  | Industrial |  |  | 208,000 |  |  |  | 132 |  |  |  | 145 |  |  |  | - |  |  | -
|  | 7/31/2030 |  | 3940 South Teller St. |  | Lakewood |  | CO |  | 11 |  | Addenbrooke Classical Academy |  | Office |  |  | 68,165 |  |  |  | 278 |  |  |  | 273 |  |  |  | - |  |  | -
2031 |  | 5/31/2031 |  | 671 Washburn Switch Rd. |  | Shelby |  | NC |  | — |  | Clearwater Paper Corporation |  | Industrial |  |  | 673,518 |  |  |  | 1,139 |  |  |  | 1,300 |  |  |  | - |  |  | -
2032 |  | 4/30/2032 |  | 13930 Pike Rd. |  | Missouri City |  | TX |  | — |  | Vulcan Construction Materials, LP (Vulcan Materials Company) |  | Land and Infrastructure |  |  | 0 |  |  |  | 915 |  |  |  | 1,061 |  |  |  | - |  |  | -
|  | 10/31/2032 |  | 143 Diamond Avenue |  | Parachute |  | CO |  | — |  | Encana Oil and Gas (USA) Inc. (Alenco Inc.) |  | Office |  |  | 49,024 |  |  |  | 508 |  |  |  | 642 |  |  |  | - |  |  | -
|  | 12/31/2032 |  | 3030 North 3rd St. |  | Phoenix |  | AZ |  | — |  | CopperPoint Mutual Insurance Company |  | Office |  |  | 252,400 |  |  |  | 2,008 |  |  |  | 2,424 |  |  |  | - |  |  | -
2033 |  | 10/31/2033 |  | 1001 Innovation Road |  | Rantoul |  | IL |  | — |  | Easton-Bell Sports, Inc. |  | Industrial |  |  | 813,126 |  |  |  | 1,738 |  |  |  | 2,073 |  |  |  | - |  |  | -
|  | 11/30/2033 |  | 1331 Capitol Ave. |  | Omaha |  | NE |  | — |  | The Gavilon Group, LLC |  | Office |  |  | 127,810 |  |  |  | 1,413 |  |  |  | 1,656 |  |  |  | - |  |  | -
|  | 12/31/2033 |  | 3000 Busch Lake Blvd. |  | Tampa |  | FL |  | — |  | BluePearl Holdings, LLC |  | Office |  |  | 17,000 |  |  |  | 244 |  |  |  | 244 |  |  |  | - |  |  | -
|  |  |  | 2910 Busch Lake Blvd. |  | Tampa |  | FL |  | — |  | BluePearl Holdings, LLC |  | Office |  |  | 2,500 |  |  |  | 27 |  |  |  | 27 |  |  |  | - |  |  | -
|  |  |  | 2950 Busch Lake Blvd. |  | Tampa |  | FL |  | — |  | BluePearl Holdings, LLC |  | Office |  |  | 8,000 |  |  |  | 77 |  |  |  | 77 |  |  |  | - |  |  | -
|  |  |  | 19311 SH 249 |  | Houston |  | TX |  | — |  | BluePearl Holdings, LLC |  | Office |  |  | 12,622 |  |  |  | 109 |  |  |  | 109 |  |  |  | - |  |  | -
2034 |  | 9/30/2034 |  | 5625 North Sloan Ln. |  | North Las Vegas |  | NV |  | — |  | Nicholas and Co., Inc. |  | Industrial |  |  | 180,235 |  |  |  | 1,070 |  |  |  | 1,278 |  |  |  | - |  |  | -

29

LEXINGTON REALTY TRUST

Property Leases and Vacancies- Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Property Type |  | Sq.Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
LONG-TERM LEASE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2035 |  | 3/31/2035 |  | 7007 F.M. 362 |  | Brookshire |  | TX |  | — |  | Orizon Industries, Inc. |  | Industrial |  |  | 262,095 |  |  |  | 415 |  |  |  | 504 |  |  |  | - |  |  | -
|  |  |  | 13863 Industrial Road |  | Houston |  | TX |  | — |  | Curtis Kelly, Inc. |  | Industrial |  |  | 187,800 |  |  |  | 528 |  |  |  | 642 |  |  |  | - |  |  | -
2038 |  | 3/31/2038 |  | 13901/14035 Industrial Rd. |  | Houston |  | TX |  | — |  | Industrial Terminals Management, L.L.C. (Maritime Holdings (Delaware) LLC) |  | Land and Infrastructure |  |  | 132,449 |  |  |  | 2,723 |  |  |  | 3,387 |  |  |  | - |  |  | -
2039 |  | 3/31/2039 |  | 854 Paragon Way |  | Rock Hill |  | SC |  | — |  | Physicians Choice Laboratory Services, LLC |  | Office |  |  | 104,497 |  |  |  | 937 |  |  |  | 1,241 |  |  |  | - |  |  | -
2043 |  | 2/28/2043 |  | 1237 W. Sherman Avenue |  | Vineland |  | NJ |  | — |  | HealthSouth Rehabilitation Hospital of South Jersey, LLC (HealthSouth Corporation) |  | Specialty |  |  | 39,287 |  |  |  | 560 |  |  |  | 560 |  |  |  | - |  |  | -
2055 |  | 1/31/2055 |  | 499 Derbyshire Drive |  | Venice |  | FL |  | — |  | Littlestone Brotherhood LLC |  | Land and Infrastructure |  |  | 31,180 |  |  |  | 564 |  |  |  | 851 |  |  |  | - |  |  | -
2112 |  | 10/31/2112 |  | 350 and 370-372 Canal St. |  | New York |  | NY |  | — |  | FC-Canal Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 2,465 |  |  |  | 7,445 |  |  |  | 69,298 |  |  | 01/2027
|  |  |  | 309-313 West 39th St. |  | New York |  | NY |  | — |  | LG-39 Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 2,876 |  |  |  | 8,686 |  |  |  | 80,856 |  |  | 01/2027
|  |  |  | 8-12 Stone St. |  | New York |  | NY |  | — |  | AL-Stone Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 2,250 |  |  |  | 6,795 |  |  |  | 63,247 |  |  | 01/2027
2113 |  | 10/31/2113 |  | 15 West 45th St. |  | New York |  | NY |  | — |  | ZE-45 Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 750 |  |  |  | 2,311 |  |  |  | 29,193 |  |  | 01/2025
N/A |  | Vacancy |  | 333 Mt. Hope Ave. |  | Rockaway |  | NJ |  | — |  | (Available for Lease) |  | Office |  |  | 32,068 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 810 Gears Rd. |  | Houston |  | TX |  | — |  | (Available for Lease) |  | Office |  |  | 9,910 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
LONG TERM TOTAL/WEIGHTED AVERAGE |  |  |  | 99.7% Leased |  |  |  |  | 12,437,770 |  |  | $ | 60,258 |  |  | $ | 80,509 |  |  | $ | 418,825 |  |  |

30

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | 1/31/2016 |  | 1600 Eberhardt Rd. |  | Temple |  | TX |  | — |  | Nextel of Texas, Inc. (Nextel Finance Company) |  |  | 54,683 |  |  |  | 421 |  |  |  | 304 |  |  |  | 7,666 |  |  | 01/2016
|  | 4/30/2016 |  | 11511 Luna Rd. |  | Farmers Branch |  | TX |  | — |  | Haggar Clothing Co. (Texas Holding Clothing Corporation and Haggar Corp.) |  |  | 180,507 |  |  |  | 1,224 |  |  |  | 1,594 |  |  |  | 18,394 |  |  | 07/2016
|  |  |  | 2000 Eastman Dr. |  | Milford |  | OH |  | — |  | Siemens Corporation |  |  | 221,215 |  |  |  | 1,243 |  |  |  | 1,159 |  |  |  | - |  |  | -
|  | 5/31/2016 |  | 1200 Jupiter Rd. |  | Garland |  | TX |  | — |  | Raytheon Company |  |  | 278,759 |  |  |  | 753 |  |  |  | 865 |  |  |  | - |  |  | -
|  | 7/14/2016 |  | 1400 Northeast McWilliams Rd. |  | Bremerton |  | WA |  | — |  | Nextel West Corporation (Nextel Finance Company) |  |  | 60,200 |  |  |  | 608 |  |  |  | 608 |  |  |  | 5,694 |  |  | 04/2016
|  | 10/31/2016 |  | 104 & 110 South Front St. |  | Memphis |  | TN |  | — |  | Hnedak Bobo Group, Inc. |  |  | 37,229 |  |  |  | 259 |  |  |  | 251 |  |  |  | 3,589 |  |  | 01/2017
2017 |  | 3/31/2017 |  | 1701 Market St. |  | Philadelphia |  | PA |  | 4 |  | Car-Tel Communications, Inc. |  |  | 1,220 |  |  |  | 28 |  |  |  | 28 |  |  |  | - |  |  | -
|  | 9/30/2017 |  | 9201 East Dry Creek Rd. |  | Centennial |  | CO |  | — |  | Arrow Electronics, Inc. |  |  | 128,500 |  |  |  | 1,737 |  |  |  | 1,516 |  |  |  | - |  |  | -
|  | 10/31/2017 |  | 4455 American Way |  | Baton Rouge |  | LA |  | — |  | New Cingular Wireless PCS, LLC |  |  | 70,100 |  |  |  | 529 |  |  |  | 529 |  |  |  | - |  |  | -
|  |  |  | 5201 West Barraque St. |  | Pine Bluff |  | AR |  | — |  | Entergy Services, Inc. |  |  | 27,189 |  |  |  | 96 |  |  |  | 134 |  |  |  | - |  |  | -
|  | 11/30/2017 |  | 6200 Northwest Pkwy. |  | San Antonio |  | TX |  | — |  | United HealthCare Services, Inc. / PacifiCare Healthsystems, LLC |  |  | 142,500 |  |  |  | 984 |  |  |  | 933 |  |  |  | - |  |  | -
2018 |  | 1/31/2018 |  | 820 Gears Rd. |  | Houston |  | TX |  | — |  | Ricoh Americas Corporation |  |  | 78,895 |  |  |  | 529 |  |  |  | 577 |  |  |  | - |  |  | -
|  | 2/28/2018 |  | 850-950 Warrenville Rd. |  | Lisle |  | IL |  | — |  | Flexible Steel Lacing Company, d/b/a Flexco, Inc. |  |  | 7,535 |  |  |  | 46 |  |  |  | 46 |  |  |  | - |  |  | -
|  | 4/30/2018 |  | Sandlake Rd./Kirkman Rd. |  | Orlando |  | FL |  | 7 |  | Lockheed Martin Corporation |  |  | 184,000 |  |  |  | 480 |  |  |  | 935 |  |  |  | - |  |  | -
|  | 5/30/2018 |  | 13651 McLearen Rd. |  | Herndon |  | VA |  | — |  | United States of America |  |  | 159,644 |  |  |  | 1,772 |  |  |  | 1,701 |  |  |  | - |  |  | -
|  | 5/31/2018 |  | 8900 Freeport Pkwy. |  | Irving |  | TX |  | — |  | Pacific Union Financial, LLC. |  |  | 43,396 |  |  |  | 439 |  |  |  | 392 |  |  |  | - |  |  | -
|  | 6/30/2018 |  | 100 Barnes Rd. |  | Wallingford |  | CT |  | — |  | 3M Company |  |  | 44,400 |  |  |  | 251 |  |  |  | 254 |  |  |  | - |  |  | -
|  |  |  | 420 Riverport Rd. |  | Kingsport |  | TN |  | — |  | Kingsport Power Company |  |  | 42,770 |  |  |  | 155 |  |  |  | 64 |  |  |  | - |  |  | -
|  | 8/31/2018 |  | 2706 Media Center Dr. |  | Los Angeles |  | CA |  | — |  | Sony Electronics Inc. |  |  | 20,203 |  |  |  | 115 |  |  |  | 570 |  |  |  | - |  |  | -
|  |  |  | 3500 North Loop Rd. |  | McDonough |  | GA |  | — |  | Litton Loan Servicing LP |  |  | 62,218 |  |  |  | 649 |  |  |  | 459 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 1701 Market St. |  | Philadelphia |  | PA |  | 4 |  | CBC Restaurant Corp. |  |  | 8,070 |  |  |  | 112 |  |  |  | 106 |  |  |  | - |  |  | -
|  | 10/31/2018 |  | 3943 Denny Ave. |  | Pascagoula |  | MS |  | — |  | Huntington Ingalls Incorporated |  |  | 94,841 |  |  |  | 296 |  |  |  | 296 |  |  |  | - |  |  | -
|  | 12/22/2018 |  | 5200 Metcalf Ave. |  | Overland Park |  | KS |  | — |  | Swiss Re America Holding Corporation / Westport Insurance Corporation |  |  | 320,198 |  |  |  | 2,562 |  |  |  | 2,578 |  |  |  | 34,435 |  |  | 05/2019
|  | 12/31/2018 |  | 2550 Interstate Dr. |  | Harrisburg |  | PA |  | 9 |  | AT&T Services, Inc. / AXA Equitable Life Insurance Company / Crump Life Insurance Services Inc. |  |  | 87,718 |  |  |  | 586 |  |  |  | 633 |  |  |  | - |  |  | -
2019 |  | 1/31/2019 |  | 2999 Southwest 6th St. |  | Redmond |  | OR |  | — |  | VoiceStream PCS I, LLC / T-Mobile West Corporation (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 829 |  |  |  | 734 |  |  |  | - |  |  | -
|  | 4/1/2019 |  | 9201 Stateline Rd. |  | Kansas City |  | MO |  | — |  | Swiss Re America Holding Corporation / Westport Insurance Corporation |  |  | 155,925 |  |  |  | 1,195 |  |  |  | 1,195 |  |  |  | 16,416 |  |  | 05/2019
|  | 6/19/2019 |  | 3965 Airways Blvd. |  | Memphis |  | TN |  | — |  | Federal Express Corporation |  |  | 521,286 |  |  |  | 3,486 |  |  |  | 3,507 |  |  |  | - |  |  | -
|  | 6/28/2019 |  | 3265 East Goldstone Dr. |  | Meridian |  | ID |  | — |  | VoiceStream PCS Holding, LLC / T-Mobile PCS Holdings, LLC (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 698 |  |  |  | 553 |  |  |  | 9,535 |  |  | 08/2019
|  | 7/15/2019 |  | 19019 North 59th Ave. |  | Glendale |  | AZ |  | — |  | Honeywell International Inc. |  |  | 252,300 |  |  |  | 930 |  |  |  | 951 |  |  |  | - |  |  | -
|  | 7/31/2019 |  | 500 Jackson St. |  | Columbus |  | IN |  | — |  | Cummins, Inc. |  |  | 390,100 |  |  |  | 2,295 |  |  |  | 2,270 |  |  |  | 23,105 |  |  | 07/2019
|  | 10/31/2019 |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  | — |  | John Wiley & Sons, Inc. |  |  | 123,416 |  |  |  | 1,126 |  |  |  | 1,134 |  |  |  | - |  |  | -
|  |  |  | 9601 Renner Blvd. |  | Lenexa |  | KS |  | — |  | VoiceStream PCS II Corporation (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 715 |  |  |  | 571 |  |  |  | 9,660 |  |  | 12/2019
|  | 12/31/2019 |  | 400 Butler Farm Rd. |  | Hampton |  | VA |  | — |  | Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company) |  |  | 100,632 |  |  |  | 493 |  |  |  | 503 |  |  |  | - |  |  | -
|  |  |  | 850-950 Warrenville Rd. |  | Lisle |  | IL |  | — |  | National-Louis University / James J. Benes & Associates, Inc. |  |  | 91,879 |  |  |  | 767 |  |  |  | 783 |  |  |  | 9,531 |  |  | 06/2016
2020 |  | 1/31/2020 |  | 10300 Kincaid Dr. |  | Fishers |  | IN |  | 16 |  | Roche Diagnostics Operations, Inc. |  |  | 193,000 |  |  |  | 1,761 |  |  |  | 1,712 |  |  |  | - |  |  | -
|  | 2/14/2020 |  | 5600 Broken Sound Blvd. |  | Boca Raton |  | FL |  | — |  | Canon Solutions America, Inc. (Oce - USA Holding, Inc.) |  |  | 143,290 |  |  |  | 1,163 |  |  |  | 1,122 |  |  |  | 19,747 |  |  | 02/2020
|  | 5/31/2020 |  | 2401 Cherahala Blvd. |  | Knoxville |  | TN |  | — |  | AdvancePCS, Inc. / CaremarkPCS, L.L.C. |  |  | 59,748 |  |  |  | 367 |  |  |  | 387 |  |  |  | - |  |  | -
|  | 6/30/2020 |  | 10419 North 30th St. |  | Tampa |  | FL |  | — |  | Time Customer Service, Inc. (Time Incorporated) |  |  | 132,981 |  |  |  | 739 |  |  |  | 724 |  |  |  | - |  |  | -
|  |  |  | 3711 San Gabriel |  | Mission |  | TX |  | — |  | VoiceStream PCS II Corporation / T-Mobile West Corporation |  |  | 75,016 |  |  |  | 525 |  |  |  | 405 |  |  |  | - |  |  | -
|  | 7/8/2020 |  | 1460 Tobias Gadsen Blvd. |  | Charleston |  | SC |  | 19 |  | Hagemeyer North America, Inc. |  |  | 50,076 |  |  |  | 426 |  |  |  | 420 |  |  |  | 7,231 |  |  | 02/2021
|  | 7/31/2020 |  | 13775 McLearen Rd. |  | Herndon |  | VA |  | 12 |  | Orange Business Services U.S., Inc. (Equant N.V.) |  |  | 132,617 |  |  |  | 738 |  |  |  | 788 |  |  |  | - |  |  | -
|  | 8/31/2020 |  | 133 First Park Dr. |  | Oakland |  | ME |  | — |  | Omnipoint Holdings, Inc. (T-Mobile USA, Inc.) |  |  | 78,610 |  |  |  | 708 |  |  |  | 573 |  |  |  | 8,938 |  |  | 10/2020
|  | 9/30/2020 |  | 600 Business Center Dr. |  | Lake Mary |  | FL |  | — |  | JPMorgan Chase Bank, National Association |  |  | 125,155 |  |  |  | 814 |  |  |  | 879 |  |  |  | - |  |  | -
|  |  |  | 9200 South Park Center Loop |  | Orlando |  | FL |  | — |  | Zenith Education Group, Inc. (ECMC Group, Inc.) |  |  | 59,927 |  |  |  | 561 |  |  |  | 568 |  |  |  | 9,542 |  |  | 02/2017
|  |  |  | 550 International Parkway |  | Lake Mary |  | FL |  | — |  | JPMorgan Chase Bank, National Association |  |  | 125,920 |  |  |  | 819 |  |  |  | 881 |  |  |  | - |  |  | -
|  | 10/31/2020 |  | 12209 West Markham St. |  | Little Rock |  | AR |  | — |  | Entergy Arkansas, Inc. |  |  | 36,311 |  |  |  | 119 |  |  |  | 119 |  |  |  | - |  |  | -
2021 |  | 1/31/2021 |  | 1600 Eberhardt Rd. |  | Temple |  | TX |  | — |  | Nextel of Texas, Inc. (Nextel Finance Company) |  |  | 54,117 |  |  |  | 416 |  |  |  | 300 |  |  |  | - |  |  | -

31

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | 1701 Market St. |  | Philadelphia |  | PA |  | 4, 10 |  | Morgan, Lewis & Bockius LLP / TruMark Financial Credit Union |  |  | 289,432 |  |  |  | 2,161 |  |  |  | 2,169 |  |  |  | - |  |  | -
|  | 3/31/2021 |  | 1311 Broadfield Blvd. |  | Houston |  | TX |  | — |  | Transocean Offshore Deepwater Drilling, Inc. (Transocean Sedco Forex, Inc.) |  |  | 155,040 |  |  |  | 1,318 |  |  |  | 1,312 |  |  |  | - |  |  | -
|  | 6/30/2021 |  | 1415 Wyckoff Rd. |  | Wall |  | NJ |  | — |  | New Jersey Natural Gas Company |  |  | 157,511 |  |  |  | 1,656 |  |  |  | 1,656 |  |  |  | 18,834 |  |  | 01/2021
|  | 8/31/2021 |  | 333 Three D Systems Circle |  | Rock Hill |  | SC |  | — |  | 3D Systems Corporation |  |  | 82,669 |  |  |  | 334 |  |  |  | 344 |  |  |  | - |  |  | -
|  | 11/30/2021 |  | 29 South Jefferson Rd. |  | Whippany |  | NJ |  | — |  | CAE SimuFlite, Inc. (CAE INC.) |  |  | 123,734 |  |  |  | 1,248 |  |  |  | 1,164 |  |  |  | 13,929 |  |  | 11/2021
|  | 12/31/2021 |  | 2800 Waterford Lake Dr. |  | Midlothian |  | VA |  | — |  | Alstom Power, Inc. |  |  | 99,057 |  |  |  | 1,103 |  |  |  | 1,092 |  |  |  | - |  |  | -
2022 |  | 1/31/2022 |  | 26210 and 26220 Enterprise Court |  | Lake Forest |  | CA |  | — |  | Apria Healthcare, Inc. (Apria Healthcare Group, Inc.) |  |  | 100,012 |  |  |  | 664 |  |  |  | 600 |  |  |  | - |  |  | -
|  | 4/30/2022 |  | 4400 Northcorp Pkwy. |  | Palm Beach Gardens |  | FL |  | — |  | The Weiss Group, LLC |  |  | 18,500 |  |  |  | 76 |  |  |  | 77 |  |  |  | - |  |  | -
|  | 6/30/2022 |  | 8555 South River Pkwy. |  | Tempe |  | AZ |  | — |  | DA Nanomaterials L.L.C./ Air Products and Chemicals, Inc. |  |  | 95,133 |  |  |  | 795 |  |  |  | 853 |  |  |  | - |  |  | -
|  | 7/31/2022 |  | 1440 E 15th Street |  | Tucson |  | AZ |  | — |  | CoxCom, LLC |  |  | 28,591 |  |  |  | 273 |  |  |  | 273 |  |  |  | - |  |  | -
|  | 11/30/2022 |  | 4201 Marsh Ln. |  | Carrollton |  | TX |  | — |  | Carlson Restaurants Inc. (Carlson, Inc.) |  |  | 130,000 |  |  |  | 1,009 |  |  |  | 933 |  |  |  | - |  |  | -
|  | 12/31/2022 |  | 147 Milk St. |  | Boston |  | MA |  | — |  | Atrius Health, Inc. |  |  | 52,337 |  |  |  | 850 |  |  |  | 831 |  |  |  | 12,423 |  |  | 12/2018
|  |  |  | 231 N. Martingale Rd. |  | Schaumburg |  | IL |  | — |  | CEC Educational Services, LLC (Career Education Corporation) |  |  | 317,198 |  |  |  | 2,156 |  |  |  | 2,151 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 2211 South 47th St. |  | Phoenix |  | AZ |  | — |  | Avnet, Inc. |  |  | 176,402 |  |  |  | 1,102 |  |  |  | 1,348 |  |  |  | - |  |  | -
|  | 3/31/2023 |  | 8900 Freeport Pkwy. |  | Irving |  | TX |  | — |  | Nissan Motor Acceptance Corporation (Nissan North America, Inc.) |  |  | 225,049 |  |  |  | 1,795 |  |  |  | 1,713 |  |  |  | - |  |  | -
|  | 12/14/2023 |  | 3333 Coyote Hill Rd. |  | Palo Alto |  | CA |  | — |  | Xerox Corporation |  |  | 202,000 |  |  |  | 3,535 |  |  |  | 3,321 |  |  |  | 51,049 |  |  | 12/2023
2024 |  | 2/14/2024 |  | 1362 Celebration Blvd. |  | Florence |  | SC |  | — |  | MED3000, Inc. |  |  | 32,000 |  |  |  | 271 |  |  |  | 287 |  |  |  | - |  |  | -
|  | 5/31/2024 |  | 3476 Stateview Blvd. |  | Fort Mill |  | SC |  | — |  | Wells Fargo Bank, N.A. |  |  | 169,083 |  |  |  | 902 |  |  |  | 975 |  |  |  | - |  |  | -
|  |  |  | 3480 Stateview Blvd. |  | Fort Mill |  | SC |  | — |  | Wells Fargo Bank, N.A. |  |  | 169,218 |  |  |  | 903 |  |  |  | 1,013 |  |  |  | - |  |  | -
|  | 8/31/2024 |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  | — |  | RGN-Indianapolis I, LLC |  |  | 14,236 |  |  |  | 143 |  |  |  | 143 |  |  |  | - |  |  | -
|  | 10/31/2024 |  | 1409 Centerpoint Blvd. |  | Knoxville |  | TN |  | — |  | Alstom Power, Inc. |  |  | 84,404 |  |  |  | 531 |  |  |  | 609 |  |  |  | - |  |  | -
|  | 11/30/2024 |  | 2050 Roanoke Rd. |  | Westlake |  | TX |  | — |  | TD Auto Finance LLC |  |  | 77,906 |  |  |  | 847 |  |  |  | 937 |  |  |  | - |  |  | -
|  | 12/31/2024 |  | 12000 & 12025 Tech Center Dr. |  | Livonia |  | MI |  | — |  | Kelsey-Hayes Company (TRW Automotive Inc.) |  |  | 180,230 |  |  |  | 787 |  |  |  | 845 |  |  |  | - |  |  | -
2025 |  | 1/31/2025 |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Triumph Aerostructures, LLC (Triumph Group, Inc.) |  |  | 111,409 |  |  |  | 813 |  |  |  | 809 |  |  |  | - |  |  | -
|  | 2/28/2025 |  | 6555 Sierra Dr. |  | Irving |  | TX |  | — |  | TXU Energy Retail Company, LLC (Texas Competitive Electric Holdings Company, LLC) |  |  | 247,254 |  |  |  | 1,516 |  |  |  | 1,423 |  |  |  | - |  |  | -
|  |  |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Cyient, Inc. (Infotech Enterprise Limited) |  |  | 13,590 |  |  |  | 71 |  |  |  | 68 |  |  |  | - |  |  | -
|  | 3/14/2025 |  | 601 & 701 Experian Pkwy. |  | Allen |  | TX |  | — |  | Experian Information Solutions, Inc. / TRW, Inc.(Experian Holdings, Inc.) |  |  | 292,700 |  |  |  | 1,537 |  |  |  | 1,483 |  |  |  | - |  |  | -
|  | 3/31/2025 |  | 2706 Media Center Dr. |  | Los Angeles |  | CA |  | — |  | Bank of America, National Association / Sony Electronics, Inc. |  |  | 62,323 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  | 6/30/2025 |  | 2500 Patrick Henry Pkwy. |  | McDonough |  | GA |  | — |  | Georgia Power Company |  |  | 111,911 |  |  |  | 651 |  |  |  | 617 |  |  |  | - |  |  | -
N/A |  | N/A |  | 1701 Market St. |  | Philadelphia |  | PA |  | 4 |  | Parking Operations |  |  | 0 |  |  |  | 1,282 |  |  |  | 1,282 |  |  |  | - |  |  | -
|  | Vacancy |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  | — |  | (Available for Lease) |  |  | 3,764 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 1701 Market St. |  | Philadelphia |  | PA |  | 4 |  | (Available for Lease) |  |  | 2,674 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 2050 Roanoke Rd. |  | Westlake |  | TX |  | — |  | (Available for Lease) |  |  | 52,293 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | (Available for Lease) |  |  | 36,809 |  |  |  | 13 |  |  |  | 13 |  |  |  | - |  |  | -
OFFICE TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 99.0% Leased |  |  | 9,405,217 |  |  | $ | 67,906 |  |  | $ | 67,952 |  |  | $ | 279,718 |  |  |

32

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq. Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
INDUSTRIAL PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  | 12/31/2015 |  | 749 Southrock Dr. |  | Rockford |  | IL |  | — |  | Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson Transportation Company, Inc.) |  |  | 150,000 |  |  |  | 238 |  |  |  | 244 |  |  |  | - |  |  | -
2016 |  | 2/28/2016 |  | 7670 Hacks Cross Rd. |  | Olive Branch |  | MS |  | — |  | MAHLE Aftermarket Inc. (MAHLE Industries, Incorporated) |  |  | 268,104 |  |  |  | 477 |  |  |  | 411 |  |  |  | - |  |  | -
|  | 3/31/2016 |  | 2455 Premier Dr. |  | Orlando |  | FL |  | — |  | Walgreen Co. / Walgreen Eastern Co. |  |  | 205,016 |  |  |  | 254 |  |  |  | 393 |  |  |  | - |  |  | -
|  | 5/31/2016 |  | 291 Park Center Dr. |  | Winchester |  | VA |  | — |  | Kraft Foods Group, Inc. |  |  | 344,700 |  |  |  | 642 |  |  |  | 645 |  |  |  | - |  |  | -
|  | 7/31/2016 |  | 7111 Crabb Rd. |  | Temperance |  | MI |  | — |  | Michelin North America, Inc. |  |  | 744,570 |  |  |  | 1,143 |  |  |  | 1,143 |  |  |  | - |  |  | -
|  | 11/30/2016 |  | 736 Addison Rd. |  | Erwin |  | NY |  | — |  | Corning, Incorporated |  |  | 408,000 |  |  |  | 659 |  |  |  | 659 |  |  |  | 8,065 |  |  | 10/2018
|  | 12/31/2016 |  | 2935 Van Vactor Dr. |  | Plymouth |  | IN |  | — |  | Bay Valley Foods, LLC |  |  | 300,500 |  |  |  | 421 |  |  |  | 409 |  |  |  | 5,868 |  |  | 09/2016
|  |  |  | 3686 South Central Ave. |  | Rockford |  | IL |  | — |  | Pierce Packaging Co. |  |  | 93,000 |  |  |  | 151 |  |  |  | 151 |  |  |  | - |  |  | -
2017 |  | 1/31/2017 |  | 109 Stevens St. |  | Jacksonville |  | FL |  | 7 |  | Wagner Industries, Inc. |  |  | 164,526 |  |  |  | 171 |  |  |  | 171 |  |  |  | - |  |  | -
|  | 2/28/2017 |  | 3456 Meyers Ave. |  | Memphis |  | TN |  | — |  | Sears, Roebuck and Co. / Sears Logistics Services |  |  | 780,000 |  |  |  | 796 |  |  |  | 847 |  |  |  | - |  |  | -
|  | 4/30/2017 |  | 3600 Army Post Rd. |  | Des Moines |  | IA |  | — |  | HP Enterprise Services, LLC |  |  | 405,000 |  |  |  | 1,299 |  |  |  | 1,026 |  |  |  | - |  |  | -
|  | 5/31/2017 |  | 191 Arrowhead Dr. |  | Hebron |  | OH |  | — |  | Owens Corning Insulating Systems, LLC |  |  | 250,410 |  |  |  | 276 |  |  |  | 276 |  |  |  | - |  |  | -
|  |  |  | 200 Arrowhead Dr. |  | Hebron |  | OH |  | — |  | Owens Corning Insulating Systems, LLC |  |  | 400,522 |  |  |  | 441 |  |  |  | 439 |  |  |  | - |  |  | -
|  | 6/30/2017 |  | 7500 Chavenelle Rd. |  | Dubuque |  | IA |  | — |  | The McGraw-Hill Companies, Inc. |  |  | 330,988 |  |  |  | 643 |  |  |  | 582 |  |  |  | 9,189 |  |  | 06/2017
|  | 9/30/2017 |  | 250 Swathmore Ave. |  | High Point |  | NC |  | — |  | Steelcase Inc. |  |  | 244,851 |  |  |  | 566 |  |  |  | 543 |  |  |  | - |  |  | -
|  | 10/31/2017 |  | 1420 Greenwood Rd. |  | McDonough |  | GA |  | — |  | Versacold USA, Inc. |  |  | 296,972 |  |  |  | 1,361 |  |  |  | 1,298 |  |  |  | 22,368 |  |  | 11/2017
|  |  |  | 43955 Plymouth Oaks Blvd. |  | Plymouth |  | MI |  | — |  | Tower Automotive Operations USA I, LLC / Tower Automotive Products Inc. (Tower Automotive, Inc.) |  |  | 290,133 |  |  |  | 689 |  |  |  | 737 |  |  |  | - |  |  | -
|  | 12/31/2017 |  | 2203 Sherrill Dr. |  | Statesville |  | NC |  | — |  | Ozburn-Hessey Logistics, LLC (OHH Acquisition Corporation) |  |  | 639,800 |  |  |  | 1,004 |  |  |  | 958 |  |  |  | - |  |  | -
2018 |  | 6/30/2018 |  | 1133 Poplar Creek Rd. |  | Henderson |  | NC |  | — |  | Staples, Inc. |  |  | 196,946 |  |  |  | 406 |  |  |  | 385 |  |  |  | - |  |  | -
|  |  |  | 1650-1654 Williams Rd. |  | Columbus |  | OH |  | — |  | ODW Logistics, Inc. |  |  | 772,450 |  |  |  | 673 |  |  |  | 671 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 50 Tyger River Dr. |  | Duncan |  | SC |  | — |  | Plastic Omnium Auto Exteriors, LLC |  |  | 221,833 |  |  |  | 512 |  |  |  | 512 |  |  |  | - |  |  | -
|  |  |  | 904 Industrial Rd. |  | Marshall |  | MI |  | — |  | Tenneco Automotive Operating Company, Inc. (Tenneco, Inc.) |  |  | 246,508 |  |  |  | 421 |  |  |  | 349 |  |  |  | - |  |  | -
|  | 12/31/2018 |  | 120 Southeast Pkwy. Dr. |  | Franklin |  | TN |  | — |  | Essex Group, Inc. (United Technologies Corporation) |  |  | 289,330 |  |  |  | 367 |  |  |  | 367 |  |  |  | - |  |  | -
2019 |  | 10/17/2019 |  | 10345 Philipp Pkwy. |  | Streetsboro |  | OH |  | — |  | L'Oreal USA S/D, Inc. (L’Oreal USA, Inc.) |  |  | 649,250 |  |  |  | 1,409 |  |  |  | 1,305 |  |  |  | 17,781 |  |  | 09/2019
|  | 12/31/2019 |  | 2415 US Hwy. 78 East |  | Moody |  | AL |  | — |  | Michelin North America, Inc. |  |  | 595,346 |  |  |  | 683 |  |  |  | 704 |  |  |  | - |  |  | -
2020 |  | 1/31/2020 |  | 101 Michelin Dr. |  | Laurens |  | SC |  | — |  | Michelin North America, Inc. |  |  | 1,164,000 |  |  |  | 1,694 |  |  |  | 1,694 |  |  |  | - |  |  | -
|  | 3/31/2020 |  | 2425 Hwy. 77 North |  | Waxahachie |  | TX |  | — |  | James Hardie Building Products, Inc. (James Hardie NV & James Hardie Industries NV) |  |  | 335,610 |  |  |  | 1,700 |  |  |  | 1,700 |  |  |  | - |  |  | -
|  | 5/31/2020 |  | 359 Gateway Dr. |  | Lavonia |  | GA |  | — |  | TI Group Automotive Systems, LLC (TI Automotive Ltd.) |  |  | 133,221 |  |  |  | 600 |  |  |  | 476 |  |  |  | 7,831 |  |  | 12/2020
|  | 6/30/2020 |  | 3102 Queen Palm Dr. |  | Tampa |  | FL |  | — |  | Time Customer Service, Inc. (Time Incorporated) |  |  | 229,605 |  |  |  | 697 |  |  |  | 638 |  |  |  | - |  |  | -
|  | 9/30/2020 |  | 3350 Miac Cove Rd. |  | Memphis |  | TN |  | — |  | Mimeo.com, Inc. |  |  | 107,400 |  |  |  | 219 |  |  |  | 204 |  |  |  | - |  |  | -
|  | 12/19/2020 |  | 1901 Ragu Dr. |  | Owensboro |  | KY |  | 6 |  | Unilever Supply Chain, Inc. (Unilever United States, Inc.) |  |  | 443,380 |  |  |  | 598 |  |  |  | 746 |  |  |  | - |  |  | -
2021 |  | 5/31/2021 |  | 477 Distribution Pkwy. |  | Collierville |  | TN |  | — |  | Federal Express Corporation / FedEx Techconnect, Inc. |  |  | 126,213 |  |  |  | 413 |  |  |  | 374 |  |  |  | - |  |  | -
|  | 9/30/2021 |  | 3820 Micro Dr. |  | Millington |  | TN |  | — |  | Ingram Micro L.P. (Ingram Micro Inc.) |  |  | 701,819 |  |  |  | 846 |  |  |  | 906 |  |  |  | - |  |  | -
|  | 10/25/2021 |  | 6938 Elm Valley Dr. |  | Kalamazoo |  | MI |  | — |  | Dana Commercial Vehicle Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 150,945 |  |  |  | 1,014 |  |  |  | 873 |  |  |  | - |  |  | -
|  | 11/30/2021 |  | 2880 Kenny Biggs Rd. |  | Lumberton |  | NC |  | — |  | Quickie Manufacturing Corporation |  |  | 423,280 |  |  |  | 686 |  |  |  | 678 |  |  |  | - |  |  | -
2022 |  | 3/31/2022 |  | 5417 Campus Dr. |  | Shreveport |  | LA |  | — |  | The Tire Rack, Inc. |  |  | 257,849 |  |  |  | 638 |  |  |  | 670 |  |  |  | - |  |  | -
2023 |  | 12/31/2023 |  | 1601 Pratt Ave. |  | Marshall |  | MI |  | — |  | Autocam Corporation |  |  | 58,707 |  |  |  | 153 |  |  |  | 153 |  |  |  | - |  |  | -
2024 |  | 4/30/2024 |  | 113 Wells St. |  | North Berwick |  | ME |  | — |  | United Technologies Corporation |  |  | 993,685 |  |  |  | 1,010 |  |  |  | 928 |  |  |  | 5,483 |  |  | 04/2019
|  | 5/31/2024 |  | 901 East Bingen Point Way |  | Bingen |  | WA |  | — |  | The Boeing Company |  |  | 124,539 |  |  |  | 1,252 |  |  |  | 1,318 |  |  |  | - |  |  | -
2025 |  | 6/30/2025 |  | 10000 Business Blvd. |  | Dry Ridge |  | KY |  | — |  | Dana Light Axle Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 336,350 |  |  |  | 673 |  |  |  | 673 |  |  |  | - |  |  | -
|  |  |  | 301 Bill Bryan Rd. |  | Hopkinsville |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 424,904 |  |  |  | 844 |  |  |  | 844 |  |  |  | - |  |  | -
|  |  |  | 4010 Airpark Dr. |  | Owensboro |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 211,598 |  |  |  | 604 |  |  |  | 604 |  |  |  | - |  |  | -
|  |  |  | 730 North Black Branch Rd. |  | Elizabethtown |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 167,770 |  |  |  | 268 |  |  |  | 268 |  |  |  | - |  |  | -
|  |  |  | 750 North Black Branch Rd. |  | Elizabethtown |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 539,592 |  |  |  | 1,419 |  |  |  | 1,419 |  |  |  | - |  |  | -
N/A |  | Vacancy |  | 109 Stevens St. |  | Jacksonville |  | FL |  | 7 |  | (Available for Lease) |  |  | 4,274 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 324 Industrial Park Rd. |  | Franklin |  | NC |  | 11 |  | (Available for Lease) |  |  | 72,868 |  |  |  | 150 |  |  |  | 150 |  |  |  | - |  |  | -
|  |  |  | 3350 Miac Cove Rd. |  | Memphis |  | TN |  | — |  | (Available for Lease) |  |  | 32,679 |  |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
INDUSTRIAL TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 99.3% Leased |  |  | 16,329,043 |  |  | $ | 31,180 |  |  | $ | 30,541 |  |  | $ | 76,585 |  |  |

33

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant |  | Sq.Ft. |  |  | Percentage Leased |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
MULTI-TENANT PROPERTIES (8,14) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Various |  | Various |  | 100 Light St. |  | Baltimore |  | MD |  | 13 |  | Multi-Tenant |  |  | 476,459 |  |  |  | 94 | % |  |  | 8,085 |  |  |  | 8,167 |  |  |  | 55,000 |  |  | 06/2023
|  |  |  | 13430 North Black Canyon Fwy. |  | Phoenix |  | AZ |  | — |  | Multi-Tenant |  |  | 138,940 |  |  |  | 92 | % |  |  | 1,207 |  |  |  | 1,203 |  |  |  | - |  |  | -
|  |  |  | 1501 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Multi-Tenant |  |  | 74,739 |  |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 180 South Clinton St. |  | Rochester |  | NY |  | — |  | Multi-Tenant |  |  | 226,000 |  |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | 17,234 |  |  | 08/2016
|  |  |  | 2210 Enterprise Dr. |  | Florence |  | SC |  | — |  | Caliber Funding, LLC |  |  | 176,557 |  |  |  | 21 | % |  |  | 362 |  |  |  | 346 |  |  |  | - |  |  | -
|  |  |  | 3165 McKelvey Rd. |  | Bridgeton |  | MO |  | — |  | BJC Health System |  |  | 51,067 |  |  |  | 50 | % |  |  | 217 |  |  |  | 201 |  |  |  | - |  |  | -
|  |  |  | 4200 Northcorp Pkwy. |  | Palm Beach Gardens |  | FL |  | — |  | Multi-Tenant |  |  | 95,065 |  |  |  | 100 | % |  |  | 527 |  |  |  | 528 |  |  |  | - |  |  | -
|  |  |  | 6050 Dana Way |  | Antioch |  | TN |  | — |  | Multi-Tenant |  |  | 674,528 |  |  |  | 96 | % |  |  | 924 |  |  |  | 911 |  |  |  | - |  |  | -
|  |  |  | 700 US Hwy. Route 202-206 |  | Bridgewater |  | NJ |  | — |  | Multi-Tenant |  |  | 115,558 |  |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | 14,118 |  |  | 03/2016
|  |  |  | 275 Technology Dr. |  | Canonsburg |  | PA |  | — |  | Multi-Tenant |  |  | 107,872 |  |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | King St./1042 Fort St. Mall |  | Honolulu |  | HI |  | — |  | Multi-Tenant |  |  | 77,459 |  |  |  | 64 | % |  |  | 377 |  |  |  | 377 |  |  |  | - |  |  | -
|  |  |  | 26555 Northwestern Pkwy. |  | Southfield |  | MI |  | 11 |  | Multi-Tenant |  |  | 359,645 |  |  |  | 0 | % |  |  | 97 |  |  |  | 216 |  |  |  | - |  |  | -
|  |  |  | 33 Commercial St. |  | Foxboro |  | MA |  | 11 |  | Multi-Tenant |  |  | 164,689 |  |  |  | 0 | % |  |  | 3,270 |  |  |  | 3,727 |  |  |  | - |  |  | -
MULTI-TENANT TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 52.3% Leased |  |  | 2,738,578 |  |  |  |  |  |  | $ | 15,066 |  |  | $ | 15,676 |  |  | $ | 86,352 |  |  |

34

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |  |  | Debt Maturity
RETAIL/SPECIALTY PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | 5/31/2016 |  | 6910 South Memorial Hwy. |  | Tulsa |  | OK |  | — |  | Toys “R” Us, Inc. / Toys "R" Us-Delaware, Inc. |  |  | 43,123 |  |  |  | 128 |  |  |  | 128 |  |  |  | - |  |  | -
2017 |  | 6/30/2017 |  | 1600 East 23rd St. |  | Chattanooga |  | TN |  | — |  | BI-LO, LLC |  |  | 42,130 |  |  |  | 64 |  |  |  | 64 |  |  |  | - |  |  | -
|  | 12/31/2017 |  | 11411 North Kelly Ave. |  | Oklahoma City |  | OK |  | — |  | American Golf Corporation |  |  | 13,924 |  |  |  | 237 |  |  |  | 162 |  |  |  | - |  |  | -
2018 |  | 2/26/2018 |  | 4831 Whipple Ave., Northwest |  | Canton |  | OH |  | — |  | Best Buy Co., Inc. |  |  | 46,350 |  |  |  | 232 |  |  |  | 232 |  |  |  | - |  |  | -
|  | 2/28/2018 |  | 291 Talbert Blvd. |  | Lexington |  | NC |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 23,000 |  |  |  | 69 |  |  |  | 69 |  |  |  | - |  |  | -
|  |  |  | 3211 West Beverly St. |  | Staunton |  | VA |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 23,000 |  |  |  | 83 |  |  |  | 83 |  |  |  | - |  |  | -
|  | 7/1/2018 |  | 1053 Mineral Springs Rd. |  | Paris |  | TN |  | — |  | The Kroger Co. |  |  | 31,170 |  |  |  | 80 |  |  |  | 84 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 835 Julian Ave. |  | Thomasville |  | NC |  | — |  | Mighty Dollar, LLC |  |  | 23,767 |  |  |  | 39 |  |  |  | 39 |  |  |  | - |  |  | -
|  | 10/31/2018 |  | 130 Midland Ave. |  | Port Chester |  | NY |  | — |  | A&P Real Property, LLC (Pathmark Stores, Inc.) |  |  | 59,613 |  |  |  | 229 |  |  |  | 488 |  |  |  | - |  |  | -
|  |  |  | 5104 North Franklin Rd. |  | Lawrence |  | IN |  | — |  | Marsh Supermarkets, Inc. / Marsh Supermarkets, LLC |  |  | 28,721 |  |  |  | 97 |  |  |  | 97 |  |  |  | - |  |  | -
|  | 12/31/2018 |  | 1150 West Carl Sandburg Dr. |  | Galesburg |  | IL |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 94,970 |  |  |  | 21 |  |  |  | 164 |  |  |  | 471 |  |  | 07/2018
|  |  |  | 12080 Carmel Mountain Rd. |  | San Diego |  | CA |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 107,210 |  |  |  | 24 |  |  |  | 376 |  |  |  | 535 |  |  | 07/2018
|  |  |  | 21082 Pioneer Plaza Dr. |  | Watertown |  | NY |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 120,727 |  |  |  | 36 |  |  |  | 241 |  |  |  | 790 |  |  | 07/2018
|  |  |  | 255 Northgate Dr. |  | Manteca |  | CA |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 107,489 |  |  |  | 38 |  |  |  | 278 |  |  |  | 840 |  |  | 07/2018
|  |  |  | 5350 Leavitt Rd. |  | Lorain |  | OH |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 193,193 |  |  |  | 54 |  |  |  | 366 |  |  |  | 1,189 |  |  | 07/2018
|  |  |  | 97 Seneca Trail |  | Fairlea |  | WV |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 90,933 |  |  |  | 25 |  |  |  | 173 |  |  |  | 555 |  |  | 07/2018
2019 |  | 3/31/2019 |  | B.E.C. 45th St./Lee Blvd. |  | Lawton |  | OK |  | — |  | Associated Wholesale Grocers, Inc. / Safeway, Inc. |  |  | 30,757 |  |  |  | 93 |  |  |  | 94 |  |  |  | - |  |  | -
|  | 12/31/2019 |  | 1066 Main St. |  | Forest Park |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 14,859 |  |  |  | 100 |  |  |  | 100 |  |  |  | - |  |  | -
|  |  |  | 1698 Mountain Industrial Blvd. |  | Stone Mountain |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 5,704 |  |  |  | 48 |  |  |  | 48 |  |  |  | - |  |  | -
|  |  |  | 201 West Main St. |  | Cumming |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 14,208 |  |  |  | 99 |  |  |  | 99 |  |  |  | - |  |  | -
|  |  |  | 2223 North Druid Hills Rd. |  | Atlanta |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 6,260 |  |  |  | 56 |  |  |  | 56 |  |  |  | - |  |  | -
|  |  |  | 4545 Chamblee – Dunwoody Rd. |  | Dunwoody |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 4,565 |  |  |  | 44 |  |  |  | 44 |  |  |  | - |  |  | -
|  |  |  | 825 Southway Dr. |  | Jonesboro |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 4,894 |  |  |  | 39 |  |  |  | 39 |  |  |  | - |  |  | -
|  |  |  | 956 Ponce de Leon Ave. |  | Atlanta |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 3,900 |  |  |  | 39 |  |  |  | 39 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 733 East Main St. |  | Jefferson |  | NC |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 34,555 |  |  |  | 80 |  |  |  | 78 |  |  |  | - |  |  | -
N/A |  | Vacancy |  | 1084 East Second St. |  | Franklin |  | OH |  | 11 |  | (Available for Lease) |  |  | 29,119 |  |  |  | 0 |  |  |  | 735 |  |  |  | - |  |  | -
RETAIL/SPECIALTY TOTAL/WEIGHTED AVERAGE |  |  |  | 97.6% Leased |  |  |  |  |  |  | 1,198,141 |  |  | $ | 2,054 |  |  | $ | 4,376 |  |  | $ | 4,380 |  |  |
TOTAL CONSOLIDATED PORTFOLIO/WEIGHTED AVERAGE |  |  |  | 96.2% Leased |  |  |  |  |  |  | 42,108,749 |  |  | $ | 176,464 |  |  | $ | 199,054 |  |  | $ | 865,860 |  |  |

Footnotes

1 | Square foot leased or available.
2 | Six months ended 6/30/2015 cash rent.
3 | Six months ended 6/30/2015 GAAP base rent.
4 | Lexington has an 87.5% interest in this property and acquired the remaining 12.5% interest subsequent to 6/30/2015.
5 | 20,000 square feet is leased to 5/31/2023.
6 | Lexington has a 71.1% interest in this property.
7 | Property disposed subsequent to 6/30/2015.
8 | Multi-tenant properties are properties less than 50% leased to a single tenant.
9 | Includes 23,535 square feet leased to 10/31/2025.
10 | Includes 2,641 square feet leased to TruMark Financial Credit Union through 5/31/2025.
11 | Cash and GAAP rent amounts represent/include prior tenant.
12 | 24,824 square feet is leased to 7/31/2025.
13 | Includes parking operations.
14 | The multi-tenanted properties incurred approximately $7.2 million in operating expenses, net for the six months ended 6/30/2015.
15 | Heidelberg Americas, Inc. lease expires 3/30/2021, however, new tenant (Goss International Americas, Inc.) lease expires 3/30/2026.
16 | Subsequent to 6/30/2015, tenant terminated its lease effective 1/31/2017 for a cash payment of $2.0 million received in July 2015 and an additional $2.0 million is due in 2017.
17 | Educational Policy Improvement Center lease for 10,791 square feet expires 11/2019; however, space is then leased to Oregon Research Institute through 11/2027.
18 | Baker Hughes Incorporated lease expires 09/2015; however, new tenant (Schlumberger Holdings Corp.) lease expires 09/2025.
19 | Subsequent to 6/30/2015, tenant terminated its lease effective 7/8/2016 for a cash payment of $1.5 million.

35

LEXINGTON REALTY TRUST

Select Credit Metrics

|  | 6/30/2014 |  |  | 6/30/2015 |
Company FFO Payout Ratio |  |  | 60.7 | % |  |  | 63.0 | %
Unencumbered Assets (1) |  |  | $2.94 billion |  |  |  | $3.26 billion |
Unencumbered NOI |  |  | 59.6 | % |  |  | 68.7 | %
(Debt + Preferred) / Gross Assets |  |  | 44.4 | % |  |  | 43.6 | %
Debt/Gross Assets |  |  | 42.5 | % |  |  | 41.7 | %
Market Cap Leverage |  |  | 44.8 | % |  |  | 49.7 | %
Secured Debt / Gross Assets |  |  | 19.8 | % |  |  | 17.1 | %
Net Debt / EBITDA |  |  | 6.3 | x |  |  | 6.4 | x
(Net Debt + Preferred) / EBITDA |  |  | 6.6 | x |  |  | 6.7 | x
Credit Facilities Availability (2) |  |  | $383.9 million |  |  |  | $297.0 million |
Development / Gross Assets |  |  | 1.2 | % |  |  | 3.0 | %
EBITDA / Revenue |  |  | 74.4 | % |  |  | 71.2 | %
EBITDA / (PrefDiv + Interest Expense) |  |  | 3.2 | x |  |  | 3.2 | x
(JV + Advisory Income) / Revenues |  |  | 0.4 | % |  |  | 0.3 | %

Footnotes

(1) Includes loans receivable.

(2) Subject to covenant compliance.

36

LEXINGTON REALTY TRUST

Historical Credit Metrics Summary

|  | 2011 |  |  | 2012 |  |  | 2013 |  |  | 2014 |
Company FFO Payout Ratio |  |  | 48.5 | % |  |  | 56.1 | % |  |  | 60.3 | % |  |  | 60.8 | %
Unencumbered Assets (1)(2) |  |  | $1.15 billion |  |  |  | $1.76 billion |  |  |  | $2.59 billion |  |  |  | $2.87 billion |
Unencumbered NOI (1) |  |  | 25.9 | % |  |  | 34.5 | % |  |  | 55.3 | % |  |  | 59.9 | %
(Debt + Preferred) / Gross Assets |  |  | 48.7 | % |  |  | 46.6 | % |  |  | 43.0 | % |  |  | 44.0 | %
Debt/Gross Assets |  |  | 40.9 | % |  |  | 41.1 | % |  |  | 41.1 | % |  |  | 42.0 | %
Market Cap Leverage |  |  | 52.5 | % |  |  | 46.6 | % |  |  | 45.4 | % |  |  | 43.7 | %
Secured Debt / Gross Assets (1) |  |  | 31.9 | % |  |  | 30.9 | % |  |  | 23.9 | % |  |  | 19.0 | %
Net Debt / EBITDA |  |  | 5.5 | x |  |  | 6.5 | x |  |  | 6.4 | x |  |  | 5.7 | x
(Net Debt + Preferred) / EBITDA |  |  | 6.6 | x |  |  | 7.3 | x |  |  | 6.7 | x |  |  | 6.0 | x
Credit Facilities Availability (3) |  |  | $294.3 million |  |  |  | $296.3 million |  |  |  | $443.4 million |  |  |  | $385.4 million |
Development / Gross Assets |  |  | 0.9 | % |  |  | 1.6 | % |  |  | 1.6 | % |  |  | 2.4 | %
EBITDA / Revenue |  |  | 77.0 | % |  |  | 76.5 | % |  |  | 74.4 | % |  |  | 71.8 | %
EBITDA / (PrefDiv + Interest Expense) |  |  | 2.3 | x |  |  | 2.4 | x |  |  | 3.1 | x |  |  | 3.1 | x
(JV + Advisory Income or (loss)) / Revenues |  |  | 8.5 | % |  |  | 4.4 | % |  |  | 0.5 | % |  |  | 0.4 | %

Footnotes:

(1) Revolving credit facility and term loans are currently unsecured thus all periods reflect such borrowings as unsecured.

(2) Includes loans receivable.

(3) Subject to covenant compliance.

37

LEXINGTON REALTY TRUST

FINANCIAL COVENANTS (1)

Corporate Level Debt

Bank Loans: |  | Must be: |  | 6/30/2015
|  | Maximum Leverage |  | < 60% |  | 49.7%
|  | Interest Coverage |  | > 1.5X |  | 3.4X
|  | Fixed Charge Coverage |  | > 1.4X |  | 2.3X
|  | Recourse Secured Indebtedness Ratio |  | < 10% cap value |  | 0.4%
|  | Secured Indebtedness Ratio |  | < 45% |  | 20.4%
|  | Minimum Net Worth |  | > $2.1 billion |  | $2.7 billion
|  | Distribution Limit |  | < 95% FFO |  | 77.3%
|  | Floating Rate Debt |  | < 35% |  | 10.9%
|  | Unsecured Debt Service Coverage |  | > 2.0X |  | 4.4X
|  | Borrowing Base Assets Leverage |  | < 60% |  | 46.2%
|  | Restricted Payments |  | < $20 million |  | $1.2 million
|  | Permitted Investments: |  |  |  |
A |  | Joint Venture Investments |  | < 25% cap value |  | 1.3%
B |  | Raw Land |  | < 10% cap value |  | 0.0%
C |  | Construction/Development in Process |  | < 15% cap value |  | 5.1%
D |  | Notes Receivable |  | < 10% cap value |  | 2.5%
E |  | Ground Leases |  | < 20% cap value |  | 11.4%
|  | Sum of A through E |  | < 40% cap value |  | 20.3%
|  | Sum of B through D |  | < 25% cap value |  | 7.6%
Bonds:
|  | Debt to Total Assets |  | < 60% |  | 42.8%
|  | Secured Debt to Total Assets |  | < 40% |  | 17.5%
|  | Debt Service Coverage |  | > 1.5X |  | 3.9X
|  | Unencumbered Assets to Unsecured Debt |  | > 150% |  | 274.5%

Footnotes

(1) As defined in respective loan/bond agreements.

38

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

6/30/2015

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) (d) |  |  | Balloon Payment ($000) |
Mortgages with Balloons |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Temple, TX |  |  |  | $ | 7,666 |  |  |  | 6.090 | % |  | 01/2016 |  | $ | 356 |  |  | $ | 7,463 |
Bridgewater, NJ |  | (b) |  |  | 14,118 |  |  |  | 5.732 | % |  | 03/2016 |  |  | 1,443 |  |  |  | 13,825 |
Omaha, NE |  |  |  |  | 7,684 |  |  |  | 5.610 | % |  | 04/2016 |  |  | 450 |  |  |  | 7,560 |
Bremerton, WA |  |  |  |  | 5,694 |  |  |  | 6.090 | % |  | 04/2016 |  |  | 344 |  |  |  | 5,479 |
Tempe, AZ |  |  |  |  | 7,257 |  |  |  | 5.610 | % |  | 04/2016 |  |  | 425 |  |  |  | 7,140 |
Byhalia, MS |  | (j) |  |  | 15,000 |  |  |  | 4.710 | % |  | 06/2016 |  |  | 714 |  |  |  | 15,000 |
Lisle, IL |  |  |  |  | 9,531 |  |  |  | 6.500 | % |  | 06/2016 |  |  | 779 |  |  |  | 9,377 |
Farmers Branch, TX |  |  |  |  | 18,394 |  |  |  | 5.939 | % |  | 07/2016 |  |  | 1,139 |  |  |  | 18,363 |
Rochester, NY |  | (b) |  |  | 17,234 |  |  |  | 6.210 | % |  | 08/2016 |  |  | 1,960 |  |  |  | 16,765 |
Glenwillow, OH |  |  |  |  | 15,466 |  |  |  | 6.130 | % |  | 09/2016 |  |  | 1,240 |  |  |  | 15,132 |
Plymouth, IN |  |  |  |  | 5,868 |  |  |  | 6.315 | % |  | 09/2016 |  |  | 497 |  |  |  | 5,723 |
Tomball, TX |  |  |  |  | 8,535 |  |  |  | 6.063 | % |  | 11/2016 |  |  | 683 |  |  |  | 8,041 |
Memphis, TN |  |  |  |  | 3,589 |  |  |  | 5.710 | % |  | 01/2017 |  |  | 275 |  |  |  | 3,484 |
Huntington, WV |  |  |  |  | 6,500 |  |  |  | 4.150 | % |  | 02/2017 |  |  | 270 |  |  |  | 6,500 |
Orlando, FL |  |  |  |  | 9,542 |  |  |  | 5.722 | % |  | 02/2017 |  |  | 696 |  |  |  | 9,309 |
Dubuque, IA |  |  |  |  | 9,189 |  |  |  | 5.402 | % |  | 06/2017 |  |  | 733 |  |  |  | 8,727 |
Shreveport, LA |  |  |  |  | 19,000 |  |  |  | 5.690 | % |  | 07/2017 |  |  | 1,099 |  |  |  | 19,000 |
McDonough, GA |  |  |  |  | 22,368 |  |  |  | 6.110 | % |  | 11/2017 |  |  | 1,674 |  |  |  | 21,651 |
Erwin, NY |  |  |  |  | 8,065 |  |  |  | 5.910 | % |  | 10/2018 |  |  | 728 |  |  |  | 6,637 |
Boston, MA |  |  |  |  | 12,423 |  |  |  | 6.100 | % |  | 12/2018 |  |  | 996 |  |  |  | 11,520 |
Overland Park, KS |  |  |  |  | 34,435 |  |  |  | 5.891 | % |  | 05/2019 |  |  | 2,657 |  |  |  | 31,812 |
Kansas City, MO |  |  |  |  | 16,416 |  |  |  | 5.883 | % |  | 05/2019 |  |  | 1,268 |  |  |  | 15,179 |
Columbus, IN |  |  |  |  | 23,105 |  |  |  | 2.210 | % |  | 07/2019 |  |  | 4,742 |  |  |  | 4,993 |
Meridian, ID |  |  |  |  | 9,535 |  |  |  | 6.010 | % |  | 08/2019 |  |  | 753 |  |  |  | 7,675 |
Streetsboro, OH |  |  |  |  | 17,781 |  |  |  | 5.749 | % |  | 09/2019 |  |  | 1,344 |  |  |  | 16,338 |
Lenexa, KS |  |  |  |  | 9,660 |  |  |  | 6.270 | % |  | 12/2019 |  |  | 774 |  |  |  | 7,770 |
Boca Raton, FL |  |  |  |  | 19,747 |  |  |  | 6.470 | % |  | 02/2020 |  |  | 1,542 |  |  |  | 18,414 |
Oakland, ME |  |  |  |  | 8,938 |  |  |  | 5.930 | % |  | 10/2020 |  |  | 750 |  |  |  | 7,660 |
Lavonia, GA |  |  |  |  | 7,831 |  |  |  | 5.460 | % |  | 12/2020 |  |  | 741 |  |  |  | 5,895 |
Charleston, SC |  |  |  |  | 7,231 |  |  |  | 5.850 | % |  | 02/2021 |  |  | 520 |  |  |  | 6,632 |
Whippany, NJ |  |  |  |  | 13,929 |  |  |  | 6.298 | % |  | 11/2021 |  |  | 1,344 |  |  |  | 10,400 |
Baltimore, MD |  |  |  |  | 55,000 |  |  |  | 4.320 | % |  | 06/2023 |  |  | 2,443 |  |  |  | 47,676 |
New York, NY |  |  |  |  | 29,193 |  |  |  | 4.100 | % |  | 01/2025 |  |  | 1,217 |  |  |  | 29,193 |
Chester, SC |  |  |  |  | 9,012 |  |  |  | 5.380 | % |  | 08/2025 |  |  | 1,144 |  |  |  | 362 |
New York, NY |  | (e) |  |  | 213,401 |  |  |  | 4.660 | % |  | 01/2027 |  |  | 10,190 |  |  |  | 200,632 |
Lenexa, KS |  |  |  |  | 37,488 |  |  |  | 3.700 | % |  | 11/2027 |  |  | 3,027 |  |  |  | 10,000 |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 735,825 |  |  |  | 5.112 | % |  | 6.5 |  | $ | 50,957 |  |  | $ | 637,327 |

39

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

6/30/2015

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) (d) |  |  | Balloon Payment ($000) |
Full Amortizing Mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lorain, OH |  |  |  |  | 1,189 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 108 |  |  |  | - |
Manteca, CA |  |  |  |  | 840 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 77 |  |  |  | - |
Watertown, NY |  |  |  |  | 790 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 72 |  |  |  | - |
Fairlea, WV |  |  |  |  | 555 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 51 |  |  |  | - |
San Diego, CA |  |  |  |  | 535 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 49 |  |  |  | - |
Galesburg, IL |  |  |  |  | 471 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 43 |  |  |  | - |
North Berwick, ME |  |  |  |  | 5,483 |  |  |  | 3.560 | % |  | 04/2019 |  |  | 1,532 |  |  |  | - |
Wall, NJ |  |  |  |  | 18,834 |  |  |  | 6.250 | % |  | 01/2021 |  |  | 3,774 |  |  |  | - |
Palo Alto, CA |  |  |  |  | 51,049 |  |  |  | 3.970 | % |  | 12/2023 |  |  | 7,059 |  |  |  | - |
Long Island City, NY |  |  |  |  | 50,289 |  |  |  | 3.500 | % |  | 03/2028 |  |  | 4,538 |  |  |  | - |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 130,035 |  |  |  | 4.229 | % |  | 9.3 |  | $ | 17,303 |  |  | $ | - |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 865,860 |  |  |  | 4.979 | % |  | 6.9 |  | $ | 68,260 |  |  | $ | 637,327 |
Corporate (k) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility |  |  |  | $ | 93,000 |  |  |  | 1.336 | % |  | 02/2017 |  | $ | 1,260 |  |  | $ | 93,000 |
Term Loan |  |  |  |  | 250,000 |  |  |  | 2.442 | % |  | 02/2018 |  |  | 6,190 |  |  |  | 250,000 |
Term Loan |  |  |  |  | 255,000 |  |  |  | 3.173 | % |  | 01/2019 |  |  | 8,204 |  |  |  | 255,000 |
Senior Notes |  | (h) |  |  | 250,000 |  |  |  | 4.250 | % |  | 06/2023 |  |  | 10,625 |  |  |  | 250,000 |
Senior Notes |  | (f) |  |  | 250,000 |  |  |  | 4.400 | % |  | 06/2024 |  |  | 11,000 |  |  |  | 250,000 |
Convertible Notes |  | (i)(c) |  |  | 12,800 |  |  |  | 6.000 | % |  | 01/2030 |  |  | 768 |  |  |  | 12,800 |
Trust Preferred Notes |  | (g) |  |  | 129,120 |  |  |  | 6.804 | % |  | 04/2037 |  |  | 8,785 |  |  |  | 129,120 |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 1,239,920 |  |  |  | 3.760 | % |  | 7.0 |  | $ | 46,832 |  |  | $ | 1,239,920 |
Total/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 2,105,780 |  |  |  | 4.261 | % |  | 7.0 |  | $ | 115,092 |  |  | $ | 1,877,247 |

Footnotes

| (a) | Subtotal and total based on weighted-average term to maturity (or put dates) shown in years based on debt balance.

| (b) | Loan is in default.

| (c) | Represents full payable of notes; discount of $336 excluded from balance.

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

| (e) | Loan is cross-collateralized on three properties.

| (f) | Represents full payable of notes; discount of $261 excluded from balance.

| (g) | Rate fixed through 04/2017; thereafter, LIBOR plus 170 bps.

| (h) | Represents full payable of notes; discount of $1,928 excluded from balance.

| (i) | Holders have the right to redeem the notes on 01/15/17, 01/15/20 and 01/15/25.

| (j) | Property was expanded. Mortgage is recourse during expansion and Lexington was not released from the guaranty as of 6/30/2015.

| (k) | Unsecured.

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

40

LEXINGTON REALTY TRUST

Non- Consolidated Investments: Mortgages & Notes Payable

6/30/2015

Joint Venture |  | Debt Balance ($000) |  |  | LXP Proportionate Share ($000) (3) |  |  | Interest Rate (%) |  |  | Maturity |  | Current Estimated Annual Debt Service ($000) |  |  | Balloon Payment ($000) |  |  | Proportionate Share Balloon Payment ($000) (3) |
Rehab Humble Lessee |  | $ | 14,495 |  |  | $ | 2,174 |  |  |  | 4.700 | % |  | 05/2017 |  | $ | 950 |  |  | $ | 13,982 |  |  | $ | 2,097 |
Gan Palm Beach Lessee |  |  | 14,618 |  |  |  | 3,654 |  |  |  | 3.700 | % |  | 03/2018 |  |  | 842 |  |  |  | 13,768 |  |  |  | 3,442 |
BP Lessee |  |  | 18,791 |  |  |  | 2,819 |  |  |  | 4.010 | % |  | 11/2018 |  |  | 764 |  |  |  | 18,791 |  |  |  | 2,819 |
Total/Wtg. Avg. (1)/Years Remaining (2) |  | $ | 47,904 |  |  | $ | 8,647 |  |  |  | 4.052 | % |  | 2.7 |  | $ | 2,556 |  |  | $ | 46,541 |  |  | $ | 8,358 |

Footnotes

| (1) | Weighted-average interest rate based on proportionate share.

| (2) | Weighted-average years remaining on maturities based on proportionate debt balance.

| (3) | Total balance shown may differ from detailed amounts due to rounding.

41

LEXINGTON REALTY TRUST

Debt Maturity Schedule

6/30/2015

($000)

Consolidated Properties
Year |  | Mortgage Scheduled Amortization |  |  | Mortgage Balloon Payments |  |  | Corporate Debt |
2015 - remaining |  | $ | 12,796 |  |  | $ | - |  |  | $ | - |
2016 |  |  | 27,258 |  |  |  | 129,868 |  |  |  | - |
2017 |  |  | 27,774 |  |  |  | 68,671 |  |  |  | 105,800 |
2018 |  |  | 27,488 |  |  |  | 18,157 |  |  |  | 250,000 |
2019 |  |  | 23,604 |  |  |  | 83,767 |  |  |  | 255,000 |
|  | $ | 118,920 |  |  | $ | 300,463 |  |  | $ | 610,800 |

Non-Consolidated Investments - LXP Proportionate Share
Year |  | Mortgage Scheduled Amortization |  |  | Mortgage Balloon Payments |  |  |  |
2015 - remaining |  | $ | 56 |  |  | $ | - |  |  |  |  |
2016 |  |  | 118 |  |  |  | - |  |  |  |  |
2017 |  |  | 94 |  |  |  | 2,097 |  |  |  |  |
2018 |  |  | 21 |  |  |  | 6,261 |  |  |  |  |
2019 |  |  | - |  |  |  | - |  |  |  |  |
|  | $ | 289 |  |  | $ | 8,358 |  |  |  |  |

Footnotes

| (1) | Percentage denotes weighted-average interest rate.

42

LEXINGTON REALTY TRUST

Mortgage Loans Receivable

6/30/2015

Collateral |  |  |  |  |  |  |  |  |  | Current |  |  |  |  |  |  |
|  | City |  | State |  | Loan Balance ($000)(1) |  |  | Interest Rate |  |  | Maturity Date |  | Estimated Annual Debt Service ($000)(2) |  |  | Balloon Payment ($000) |  |  | Escrow Balance ($000) |
Office |  | Westmont (3) |  | IL |  | $ | 12,469 |  |  |  | 6.45 | % |  | 10/2015 |  | $ | - |  |  | $ | 25,731 |  |  | $ | 2,555 |
|  | Oklahoma City (4) |  | OK |  |  | 8,474 |  |  |  | 11.50 | % |  | 10/2015 |  |  | 315 |  |  |  | 8,420 |  |  |  | - |
Retail |  | Various |  | Various |  |  | 968 |  |  |  | 8.00 | % |  | 02/2021 |  |  | 219 |  |  |  | - |  |  |  | - |
|  | Various |  | Various |  |  | 449 |  |  |  | 8.00 | % |  | 12/2021 |  |  | 94 |  |  |  | - |  |  |  | - |
|  | Various |  | Various |  |  | 585 |  |  |  | 8.00 | % |  | 03/2022 |  |  | 112 |  |  |  | - |  |  |  | - |
Hospital |  | Kennewick |  | WA |  |  | 85,364 |  |  |  | 9.00 | % |  | 05/2022 |  |  | 7,438 |  |  |  | 87,245 |  |  |  | - |
|  | Total Mortgage Loans Receivable |  |  |  | $ | 108,309 |  |  |  |  |  |  |  |  | $ | 8,178 |  |  | $ | 121,396 |  |  | $ | 2,555 |

Footnotes

(1) Includes accrued interest receivable, loan losses, and net origination fees.

(2) Remaining collections for debt less than 12 months to maturity, all others are debt service for next 12 months.

(3) Escrow balance includes $2.5 million in a collateral securities account maintained by the borrowers. Borrowers are in default, and Lexington commenced foreclosure proceedings. Tenant in property terminated the lease effective 11/30/2013 for a termination payment of $1.3 million. Loan balance includes $13.9 million loan loss.

(4) Short-term loan to joint venture partner.

43

LEXINGTON REALTY TRUST

Partnership Interests

Six months ended June 30, 2015

($000)

Noncontrolling Interest Properties - Partners' Proportionate Share (1) |  |  |  |
EBITDA |  | $ | 232 |
Interest expense |  | $ | 23 |
Depreciation and amortization |  | $ | 229 |
Non-Consolidated Net Leased Real Estate - Lexington's Share |  |  |  |
EBITDA |  | $ | 1,935 |
Interest expense |  | $ | 330 |

Footnotes

(1) Excludes discontinued operations and OP unit noncontrolling interests.

44

LEXINGTON REALTY TRUST

Selected Balance Sheet and Income Statement Account Data

6/30/2015

($000)

Balance Sheet |  |  |
Other assets |  | $ | 26,113 |
The components of other assets are: |  |  |  |
Deposits |  | $ | 6,839 |
Equipment |  |  | 135 |
Prepaids |  |  | 2,562 |
Other receivables |  |  | 1,245 |
Deferred lease incentives |  |  | 15,147 |
Deferred tax asset |  |  | 61 |
Other |  |  | 124 |
Accounts payable and other liabilities |  |  |  |
The components of accounts payable and other liabilities are: |  | $ | 43,070 |
Accounts payable and accrued expenses |  | $ | 14,603 |
CIP accruals and other |  |  | 10,553 |
Taxes |  |  | 1,790 |
Deferred lease and loan costs |  |  | 7,062 |
Subordinated notes |  |  | 2,789 |
Deposits |  |  | 1,093 |
Escrows |  |  | 1,387 |
Transaction / build-to-suit costs |  |  | 1,567 |
Interest rate swap derivative liability |  |  | 2,226 |
Income Statement - Six months ended June 30, 2015 |  |  |  |
Non-cash interest expense, net |  | $ | (444 | )

45

Investor Information

Transfer Agent

Computershare | Overnight Correspondence:
PO Box 30170 | 211 Quality Circle, Suite 210
College Station, TX 77842-3170 | College Station, TX, 77845
(800) 850-3948 |
www-us.computershare.com/investor |

Investor Relations

Patrick Carroll |
Executive Vice President and Chief Financial Officer
Telephone (direct) | (212) 692-7215
Facsimile (main) | (212) 594-6600
E-mail | pcarroll@lxp.com

Research Coverage

Bank of America/Merrill Lynch |  |  | KeyBanc Capital Markets Inc. |
James Feldman | (646) 855-5808 |  | Craig Mailman | (917) 368-2316
Barclays Capital |  |  | Ladenburg Thalmann & Co., Inc. |
Ross L. Smotrich | (212) 526-2306 |  | Daniel P. Donlan | (212) 409-2056
Evercore Partners |  |  | Stifel Nicolaus |
Sheila K. McGrath | (212) 497-0882 |  | John W. Guinee | (443) 224-1307
J.P. Morgan Chase |  |  | Wells Fargo Securities, LLC |
Anthony Paolone | (212) 622-6682 |  | Todd J. Stender | (212) 214-8067
Jeffries & Company, Inc. |  |  |  |
Omotayo Okusanya | (212) 336-7076 |  |  |

46

Appendix A

Land, Infrastructure & Credit Tenant Finance Group

Supplemental Operating and Financial Data

June 30, 2015

LAND, INFRASTRUCTURE & CREDIT TENANT FINANCE GROUP

SUPPLEMENTAL REPORTING PACKAGE

June 30, 2015

Table of Contents

Section |  | Page
Portfolio Data |  |
Balance Sheet, Income Statement and Company FFO/FAD |  | A-3
Select Data |  | A-4
Top 10 Tenants or Guarantors |  | A-5
Property Leases and Vacancies – Consolidated Portfolio |  | A-6
Mortgages and Notes Payable |  | A-7
New York Leased Land Portfolio Projected Cash Flows |  | A-8

LAND, INFRASTRUCTURE, & CREDIT TENANT FINANCE GROUP

Balance Sheet, Income Statement and Company FFO/FAD

6/30/2015

($000)

Balance Sheet |  |  |  |
Land |  | $ | 321,448 |
Buildings, improvements and real estate intangibles, net |  |  | 320,199 |
Cash |  |  | 1,845 |
Deferred - accounts receivable |  |  | 54,837 |
Other assets |  |  | 19,790 |
Total Assets |  | $ | 718,119 |
Mortgages payable |  | $ | 437,377 |
Other liabilities |  |  | 4,862 |
Total Liabilities |  |  | 442,239 |
Equity |  |  | 275,880 |
Total Liabilities and Equity |  | $ | 718,119 |
Income Statement and Company FFO/FAD |  |  |  |
Revenue: |  |  |  |
Rental |  | $ | 45,577 |
Other |  |  | 444 |
Expenses: |  |  |  |
Depreciation and amortization |  |  | (11,081 | )
Property operating |  |  | (1,090 | )
Interest |  |  | (9,279 | )
Other |  |  | (52 | )
Net Income |  |  | 24,519 |
Adjustments: |  |  |  |
Depreciation and amortization |  |  | 11,081 |
Other/transaction costs |  |  | 172 |
Company FFO |  |  | 35,772 |
GAAP to Cash rent adjustment |  |  | (17,999 | )
Tenant improvements |  |  | (8 | )
Company FAD |  | $ | 17,765 |

A-3

LAND, INFRASTRUCTURE, & CREDIT TENANT FINANCE GROUP

Select Data

6/30/2015

($000)

Other Revenue Data

|  | GAAP Base Rent |
|  | Six months ended |
Asset Class |  | 6/30/15 (1) |  |  | 6/30/15 Percentage |
Land and Infrastructure |  | $ | 30,644 |  |  |  | 67.2 | %
Office |  |  | 10,298 |  |  |  | 22.6 | %
Industrial |  |  | 3,771 |  |  |  | 8.3 | %
Specialty |  |  | 864 |  |  |  | 1.9 | %
|  | $ | 45,577 |  |  |  | 100.0 | %

Credit Ratings (2) |  | GAAP Base Rent |
|  | Six months ended |
|  | 6/30/15 (1) |  |  | 6/30/15 Percentage |
Investment Grade |  | $ | 14,177 |  |  |  | 31.1 | %
Non-Investment Grade |  |  | 1,061 |  |  |  | 2.3 | %
Unrated |  |  | 30,339 |  |  |  | 66.6 | %
|  | $ | 45,577 |  |  |  | 100.0 | %

Weighted-Average Lease Term - Cash Basis

|  |  |  | As of 6/30/15 with Lease Term End at First Purchase Option
|  | As of 6/30/15 |  | Date
|  | 37.5 years |  | 15.5 years

Base Rent Estimates for Current Assets

Year |  | Cash (3) |  |  | GAAP (3) |  |  | Projected Straight-Line / GAAP Adjustment |
2015 - remaining |  | $ | 28,023 |  |  | $ | 45,881 |  |  | $ | (17,858 | )
2016 |  | $ | 56,504 |  |  | $ | 91,762 |  |  | $ | (35,258 | )

Footnotes

| (1) | Six months ended 6/30/2015 GAAP base rent recognized for consolidated properties owned as of 6/30/2015.

| (2) | Credit ratings are based upon either tenant, guarantor or parent.

| (3) | Amounts assume (1) lease terms for non-cancellable periods only and (2) no new or renegotiated leases are entered into after 6/30/2015.

A-4

LAND, INFRASTRUCTURE, & CREDIT TENANT FINANCE GRIOUP

Top 10 Tenants or Guarantors

6/30/2015

Top 10 Tenants or Guarantors - Cash Basis

Tenants or Guarantors |  | Number of Leases |  | Sq. Ft. Leased |  |  | Sq. Ft. Leased as a Percent of Consolidated Portfolio (2) |  |  | Cash Base Rent as of 6/30/2015 ($000) (1) |  |  | Percent of Cash Base Rent as of 6/30/2015 ($000) (1) (2) |
Xerox Corporation |  | 1 |  |  | 202,000 |  |  |  | 8.7 | % |  | $ | 3,535 |  |  |  | 12.8 | %
LG-39 Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 2,876 |  |  |  | 10.4 | %
United States of America |  | 1 |  |  | 169,585 |  |  |  | 7.3 | % |  |  | 2,794 |  |  |  | 10.1 | %
Industrial Terminals Management, L.L.C. |  | 1 |  |  | 132,449 |  |  |  | 5.7 | % |  |  | 2,723 |  |  |  | 9.9 | %
FC-Canal Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 2,465 |  |  |  | 8.9 | %
FedEx Corporation |  | 1 |  |  | 140,330 |  |  |  | 6.0 | % |  |  | 2,385 |  |  |  | 8.6 | %
Cummins, Inc. |  | 1 |  |  | 390,100 |  |  |  | 16.8 | % |  |  | 2,295 |  |  |  | 8.3 | %
AL-Stone Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 2,250 |  |  |  | 8.2 | %
New Jersey Natural Gas Company |  | 1 |  |  | 157,511 |  |  |  | 6.8 | % |  |  | 1,656 |  |  |  | 6.0 | %
United Technologies Corporation |  | 1 |  |  | 993,685 |  |  |  | 42.7 | % |  |  | 1,010 |  |  |  | 3.7 | %
|  | 10 |  |  | 2,185,660 |  |  |  | 93.9 | % |  | $ | 23,989 |  |  |  | 87.0 | %

Top 10 Tenants or Guarantors - GAAP Basis

Tenants or Guarantors |  | Number of Leases |  | Sq. Ft. Leased |  |  | Sq. Ft. Leased as a Percent of Consolidated Portfolio (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | Percent of GAAP Base Rent as of 6/30/2015 ($000) (3) (2) |
LG-39 Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  | $ | 8,686 |  |  |  | 19.1 | %
FC-Canal Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 7,445 |  |  |  | 16.3 | %
AL-Stone Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 6,795 |  |  |  | 14.9 | %
Industrial Terminals Management, L.L.C. |  | 1 |  |  | 132,449 |  |  |  | 5.7 | % |  |  | 3,387 |  |  |  | 7.4 | %
Xerox Corporation |  | 1 |  |  | 202,000 |  |  |  | 8.7 | % |  |  | 3,321 |  |  |  | 7.3 | %
United States of America |  | 1 |  |  | 169,585 |  |  |  | 7.3 | % |  |  | 3,051 |  |  |  | 6.7 | %
FedEx Corporation |  | 1 |  |  | 140,330 |  |  |  | 6.0 | % |  |  | 2,568 |  |  |  | 5.6 | %
ZE-45 Ground Tenant LLC |  | 1 |  |  | 0 |  |  |  | 0.0 | % |  |  | 2,311 |  |  |  | 5.1 | %
Cummins, Inc. |  | 1 |  |  | 390,100 |  |  |  | 16.8 | % |  |  | 2,270 |  |  |  | 5.0 | %
New Jersey Natural Gas Company |  | 1 |  |  | 157,511 |  |  |  | 6.8 | % |  |  | 1,656 |  |  |  | 3.6 | %
|  | 10 |  |  | 1,191,975 |  |  |  | 51.2 | % |  |  | 41,490 |  |  |  | 91.0 | %

Footnotes

| (1) | Six months ended 6/30/2015 cash base rent recognized for consolidated properties owned as of 6/30/2015.

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

| (3) | Six months ended 6/30/2015 GAAP base rent recognized for consolidated properties owned as of 6/30/2015.

A-5

LAND, INFRASTRUCTURE AND CREDIT TENANT FINANCE GROUP

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2015

Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  |  | Primary Tenant (Guarantor) |  | Property Type |  | Sq.Ft. Leased or Available (1) |  |  | Cash Rent as of 6/30/2015 ($000) (2) |  |  | GAAP Base Rent as of 6/30/2015 ($000) (3) |  |  | 6/30/2015 Debt Balance ($000) |
12/31/2017 |  | 11411 North Kelly Ave. |  | Oklahoma City |  | OK |  |  | — |  |  | American Golf Corporation |  | Specialty |  |  | 13,924 |  |  |  | 237 |  |  |  | 162 |  |  |  | - |
7/31/2019 |  | 500 Jackson St. |  | Columbus |  | IN |  |  | — |  |  | Cummins, Inc. |  | Office |  |  | 390,100 |  |  |  | 2,295 |  |  |  | 2,270 |  |  |  | 23,105 |
6/30/2021 |  | 1415 Wyckoff Rd. |  | Wall |  | NJ |  |  | — |  |  | New Jersey Natural Gas Company |  | Office |  |  | 157,511 |  |  |  | 1,656 |  |  |  | 1,656 |  |  |  | 18,834 |
12/14/2023 |  | 3333 Coyote Hill Rd. |  | Palo Alto |  | CA |  |  | — |  |  | Xerox Corporation |  | Office |  |  | 202,000 |  |  |  | 3,535 |  |  |  | 3,321 |  |  |  | 51,049 |
4/30/2024 |  | 113 Wells St. |  | North Berwick |  | ME |  |  | — |  |  | United Technologies Corporation |  | Industrial |  |  | 993,685 |  |  |  | 1,010 |  |  |  | 928 |  |  |  | 5,483 |
12/31/2025 |  | 1700 47th Ave North |  | Minneapolis |  | MN |  |  | — |  |  | Owens Corning Roofing and Asphalt, LLC |  | Industrial |  |  | 18,620 |  |  |  | 275 |  |  |  | 275 |  |  |  | - |
8/31/2026 |  | 25500 State Hwy. 249 |  | Tomball |  | TX |  |  | — |  |  | Parkway Chevrolet, Inc. (Raymond Durdin & Jean W. Durdin) |  | Specialty |  |  | 77,076 |  |  |  | 718 |  |  |  | 702 |  |  |  | 8,535 |
10/31/2027 |  | 11201 Renner Blvd. |  | Lenexa |  | KS |  |  | — |  |  | United States of America |  | Office |  |  | 169,585 |  |  |  | 2,794 |  |  |  | 3,051 |  |  |  | 37,488 |
3/31/2028 |  | 29-01-Borden Ave./29-10 Hunters Point Ave. |  | Long Island City |  | NY |  |  | — |  |  | FedEx Ground Package System, Inc. (FedEx Corporation) |  | Industrial |  |  | 140,330 |  |  |  | 2,385 |  |  |  | 2,568 |  |  |  | 50,289 |
1/31/2029 |  | 175 Holt Garrison Pkwy. |  | Danville |  | VA |  |  | — |  |  | Home Depot USA, Inc. |  | Land and Infrastructure |  |  | 0 |  |  |  | 130 |  |  |  | 108 |  |  |  | - |
4/30/2032 |  | 13930 Pike Rd. |  | Missouri City |  | TX |  |  | — |  |  | Vulcan Construction Materials, LP (Vulcan Materials Company) |  | Land and Infrastructure |  |  | 0 |  |  |  | 915 |  |  |  | 1,061 |  |  |  | - |
3/31/2038 |  | 13901/14035 Industrial Rd. |  | Houston |  | TX |  |  | — |  |  | Industrial Terminals Management, L.L.C. (Maritime Holdings (Delaware) LLC) |  | Land and Infrastructure |  |  | 132,449 |  |  |  | 2,723 |  |  |  | 3,387 |  |  |  | - |
1/31/2055 |  | 499 Derbyshire Drive |  | Venice |  | FL |  |  | — |  |  | Littlestone Brotherhood LLC |  | Land and Infrastructure |  |  | 31,180 |  |  |  | 564 |  |  |  | 851 |  |  |  | - |
10/31/2112 |  | 350 and 370-372 Canal St. |  | New York |  | NY |  |  | — |  |  | FC-Canal Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 2,465 |  |  |  | 7,445 |  |  |  | 69,298 |
|  | 309-313 West 39th St. |  | New York |  | NY |  |  | — |  |  | LG-39 Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 2,876 |  |  |  | 8,686 |  |  |  | 80,856 |
|  | 8-12 Stone St. |  | New York |  | NY |  |  | — |  |  | AL-Stone Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 2,250 |  |  |  | 6,795 |  |  |  | 63,247 |
10/31/2113 |  | 15 West 45th St. |  | New York |  | NY |  |  | — |  |  | ZE-45 Ground Tenant LLC |  | Land and Infrastructure |  |  | 0 |  |  |  | 750 |  |  |  | 2,311 |  |  |  | 29,193 |
|  |  |  |  |  |  |  |  |  |  |  | 100% Leased |  |  |  |  | 2,326,460 |  |  | $ | 27,578 |  |  | $ | 45,577 |  |  | $ | 437,377 |

Footnotes

(1) Square feet leased or available.

(2) Six months ended 6/30/2015 cash rent.

(3) Six months ended 6/30/2015 GAAP rent.

A-6

LAND, INFRASTRUCTURE & CREDIT TENANT FINANCE GROUP

Mortgages and Notes Payable

6/30/2015

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) |  |  | Balloon Payment ($000) |
Tomball, TX |  |  |  | $ | 8,535 |  |  |  | 6.063 | % |  | 11/2016 |  | $ | 683 |  |  | $ | 8,041 |
North Berwick, ME |  |  |  |  | 5,483 |  |  |  | 3.560 | % |  | 04/2019 |  |  | 1,532 |  |  |  | - |
Columbus, IN |  |  |  |  | 23,105 |  |  |  | 2.210 | % |  | 07/2019 |  |  | 4,742 |  |  |  | 4,993 |
Wall, NJ |  |  |  |  | 18,834 |  |  |  | 6.250 | % |  | 01/2021 |  |  | 3,774 |  |  |  | - |
Palo Alto, CA |  |  |  |  | 51,049 |  |  |  | 3.970 | % |  | 12/2023 |  |  | 7,059 |  |  |  | - |
New York, NY |  |  |  |  | 29,193 |  |  |  | 4.100 | % |  | 01/2025 |  |  | 1,217 |  |  |  | 29,193 |
New York, NY |  | (b) |  |  | 213,401 |  |  |  | 4.660 | % |  | 01/2027 |  |  | 10,190 |  |  |  | 200,632 |
Lenexa, KS |  |  |  |  | 37,488 |  |  |  | 3.700 | % |  | 11/2027 |  |  | 3,027 |  |  |  | 10,000 |
Long Island City, NY |  |  |  |  | 50,289 |  |  |  | 3.500 | % |  | 03/2028 |  |  | 4,538 |  |  |  | - |
Total/Wtg. Avg./Years Remaining (c) |  |  |  | $ | 437,377 |  |  |  | 4.279 | % |  | 10.3 |  | $ | 36,762 |  |  | $ | 252,859 |

Footnotes

| (a) | Total based on weighted-average term to maturity shown in years based on debt balance.

| (b) | Loan is cross-collateralized on three properties.

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

A-7

LAND, INFRASTRUCTURE & CREDIT TENANT FINANCE GROUP

New York Leased Land Portfolio (1)

Projected Cash Flows ($000)

Aggregate Acquisition Cost: |  | $ | 332,426 |  |  | Rent Escalations: |  |  | 2 | %
Aggregate Financing (2): |  | $ | 242,693 |  |  | Assumed CPI: |  |  | 2 | %
Initial Equity: |  | $ | 89,733 |  |  |  |  |  |  |

Year |  | Annual Cash Rent |  |  | Debt Service (3) |  |  | Net Cash Flow |  |  | Yield on Equity |
1 |  | $ | 16,383 |  |  | $ | 10,867 |  |  | $ | 5,516 |  |  |  | 6.1 | %
2 |  |  | 16,711 |  |  |  | 11,336 |  |  |  | 5,375 |  |  |  | 6.0 | %
3 |  |  | 17,045 |  |  |  | 11,473 |  |  |  | 5,572 |  |  |  | 6.2 | %
4 |  |  | 17,386 |  |  |  | 11,610 |  |  |  | 5,776 |  |  |  | 6.4 | %
5 |  |  | 17,733 |  |  |  | 11,743 |  |  |  | 5,990 |  |  |  | 6.7 | %
6 |  |  | 18,088 |  |  |  | 11,874 |  |  |  | 6,214 |  |  |  | 6.9 | %
7 |  |  | 18,450 |  |  |  | 11,995 |  |  |  | 6,455 |  |  |  | 7.2 | %
8 |  |  | 18,819 |  |  |  | 12,115 |  |  |  | 6,704 |  |  |  | 7.5 | %
9 |  |  | 19,195 |  |  |  | 12,230 |  |  |  | 6,965 |  |  |  | 7.8 | %
10 |  |  | 19,579 |  |  |  | 12,343 |  |  |  | 7,236 |  |  |  | 8.1 | %
11 |  |  | 19,971 |  |  |  | 12,692 |  |  |  | 7,279 |  |  |  | 8.1 | %
12 |  |  | 20,370 |  |  |  | 12,793 |  |  |  | 7,577 |  |  |  | 8.4 | %
13 |  |  | 20,778 |  |  |  | 12,888 |  |  |  | 7,890 |  |  |  | 8.8 | %
14 |  |  | 21,193 |  |  |  | 11,490 |  |  |  | 9,703 |  |  |  | 10.8 | %
15 |  |  | 21,617 |  |  |  | 11,491 |  |  |  | 10,126 |  |  |  | 11.3 | %
16 |  |  | 22,049 |  |  |  | 11,491 |  |  |  | 10,558 |  |  |  | 11.8 | %
17 |  |  | 22,490 |  |  |  | 11,491 |  |  |  | 10,999 |  |  |  | 12.3 | %
18 |  |  | 22,940 |  |  |  | 11,491 |  |  |  | 11,449 |  |  |  | 12.8 | %
19 |  |  | 23,399 |  |  |  | 11,491 |  |  |  | 11,908 |  |  |  | 13.3 | %
20 |  |  | 23,867 |  |  |  | 11,491 |  |  |  | 12,376 |  |  |  | 13.8 | %
21 |  |  | 24,344 |  |  |  | 11,491 |  |  |  | 12,853 |  |  |  | 14.3 | %
22 |  |  | 24,831 |  |  |  | 11,491 |  |  |  | 13,340 |  |  |  | 14.9 | %
23 |  |  | 25,328 |  |  |  | 11,491 |  |  |  | 13,837 |  |  |  | 15.4 | %
24 |  |  | 25,834 |  |  |  | 11,491 |  |  |  | 14,343 |  |  |  | 16.0 | %
25 |  |  | 26,351 |  |  |  | 11,491 |  |  |  | 14,860 |  |  |  | 16.6 | %
Residual Value (4) |  |  |  |  |  |  |  |  |  |  | 491,537 |  |  |  |  |
TOTAL |  | $ | 524,751 |  |  | $ | 293,850 |  |  | $ | 722,438 |  |  |  |  |
Leveraged Internal Rate of Return |  |  |  |  |  |  |  |  |  |  |  | 11.3 | %

Footnotes

| (1) | Includes four long-term leased land properties located in New York City.

| (2) | The properties are encumbered with an initial aggregate $242.7 million of non-recourse mortgages. $213.5 million at 4.66% matures January 2027 and $29.2 million at 4.1% matures January 2025.

| (3) | Debt assumed refinanced at 5% interest only.

| (4) | Purchase option less projected debt.

A-8

LAND, INFRASTRUCTURE & CREDIT TENANT FINANCE GROUP

New York Leased Land Portfolio (1)

Projected Cash Flows ($000)

Aggregate Acquisition Cost: |  | $ | 332,426 |  |  | Rent Escalations: |  |  | 2 | %
Aggregate Financing (2): |  | $ | 242,693 |  |  | Assumed CPI: |  |  | 3 | %
Initial Equity: |  | $ | 89,733 |  |  |  |  |  |  |

Year |  | Annual Cash Rent |  |  | Debt Service (3) |  |  | Net Cash Flow |  |  | Yield on Equity |
1 |  |  | 16,383 |  |  |  | 10,867 |  |  |  | 5,516 |  |  |  | 6.1 | %
2 |  |  | 16,711 |  |  |  | 11,336 |  |  |  | 5,375 |  |  |  | 6.0 | %
3 |  |  | 17,045 |  |  |  | 11,473 |  |  |  | 5,572 |  |  |  | 6.2 | %
4 |  |  | 17,386 |  |  |  | 11,610 |  |  |  | 5,776 |  |  |  | 6.4 | %
5 |  |  | 17,733 |  |  |  | 11,743 |  |  |  | 5,990 |  |  |  | 6.7 | %
6 |  |  | 18,088 |  |  |  | 11,874 |  |  |  | 6,214 |  |  |  | 6.9 | %
7 |  |  | 18,450 |  |  |  | 11,995 |  |  |  | 6,455 |  |  |  | 7.2 | %
8 |  |  | 18,819 |  |  |  | 12,115 |  |  |  | 6,704 |  |  |  | 7.5 | %
9 |  |  | 19,195 |  |  |  | 12,230 |  |  |  | 6,965 |  |  |  | 7.8 | %
10 |  |  | 19,579 |  |  |  | 12,343 |  |  |  | 7,236 |  |  |  | 8.1 | %
11 |  |  | 22,017 |  |  |  | 12,692 |  |  |  | 9,325 |  |  |  | 10.4 | %
12 |  |  | 22,458 |  |  |  | 12,793 |  |  |  | 9,665 |  |  |  | 10.8 | %
13 |  |  | 22,907 |  |  |  | 12,888 |  |  |  | 10,019 |  |  |  | 11.2 | %
14 |  |  | 23,365 |  |  |  | 11,490 |  |  |  | 11,875 |  |  |  | 13.2 | %
15 |  |  | 23,832 |  |  |  | 11,491 |  |  |  | 12,341 |  |  |  | 13.8 | %
16 |  |  | 24,309 |  |  |  | 11,491 |  |  |  | 12,818 |  |  |  | 14.3 | %
17 |  |  | 24,795 |  |  |  | 11,491 |  |  |  | 13,304 |  |  |  | 14.8 | %
18 |  |  | 25,291 |  |  |  | 11,491 |  |  |  | 13,800 |  |  |  | 15.4 | %
19 |  |  | 25,797 |  |  |  | 11,491 |  |  |  | 14,306 |  |  |  | 15.9 | %
20 |  |  | 26,313 |  |  |  | 11,491 |  |  |  | 14,822 |  |  |  | 16.5 | %
21 |  |  | 29,590 |  |  |  | 11,491 |  |  |  | 18,099 |  |  |  | 20.2 | %
22 |  |  | 30,181 |  |  |  | 11,491 |  |  |  | 18,690 |  |  |  | 20.8 | %
23 |  |  | 30,785 |  |  |  | 11,491 |  |  |  | 19,294 |  |  |  | 21.5 | %
24 |  |  | 31,401 |  |  |  | 11,491 |  |  |  | 19,910 |  |  |  | 22.2 | %
25 |  |  | 32,029 |  |  |  | 11,491 |  |  |  | 20,538 |  |  |  | 22.9 | %
Residual Value (4) |  |  |  |  |  |  |  |  |  |  | 410,428 |  |  |  |  |
TOTAL |  | $ | 574,459 |  |  | $ | 293,850 |  |  | $ | 691,037 |  |  |  |  |
Leveraged Internal Rate of Return |  |  |  |  |  |  |  |  |  |  |  | 11.4 | %

Footnotes

| (1) | Includes four long-term leased land properties located in New York.

| (2) | The properties are encumbered with an initial aggregate $242.7 million of non-recourse mortgages. $213.5 million at 4.66% matures January 2027 and $29.2 million at 4.1% matures January 2025.

| (3) | Debt assumed refinanced at 5% interest only.

| (4) | Purchase option less projected debt.

A-9