EX-99.1 2 v432504_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Quarterly Earnings and

Supplemental Operating and Financial Data

December 31, 2015

LEXINGTON REALTY TRUST

SUPPLEMENTAL REPORTING PACKAGE

December 31, 2015

Table of Contents

Section |  | Page
Fourth Quarter 2015 Earnings Press Release |  | 3
Portfolio Data |  |
2015 Fourth Quarter Investment/Capital Recycling Summary |  | 13
Build-To-Suit Projects/Forward Commitments |  | 14
2015 Fourth Quarter Financing Summary |  | 15
2015 Fourth Quarter Leasing Summary |  | 16
Other Revenue Data |  | 17
Portfolio Detail By Asset Class |  | 19
Portfolio Composition |  | 20
Components of Net Asset Value |  | 21
Top Markets |  | 22
Single-Tenant Office Markets |  | 23
Tenant Industry Diversification |  | 24
Top 10 Tenants or Guarantors |  | 25
Lease Rollover Schedules – GAAP Basis |  | 26
Property Leases and Vacancies – Consolidated Portfolio |  | 28
Select Credit Metrics Summary |  | 36
Financial Covenants |  | 37
Mortgages and Notes Payable |  | 38
Debt Maturity Schedule |  | 41
Mortgage Loans Receivable |  | 42
Partnership Interests |  | 43
Selected Balance Sheet and Income Statement Account Data |  | 44
Investor Information |  | 45

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, (2) Lexington’s ability to achieve its estimate of Company FFO for the year ending December 31, 2016, (3) the successful consummation of any lease, acquisition, build-to-suit, disposition, 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 FOURTH QUARTER 2015 RESULTS

New York, NY - Tuesday, February 23, 2016 - Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the fourth quarter ended December 31, 2015.

Fourth Quarter 2015 Highlights

| • | Generated Company Funds From Operations (“Company FFO”) of $69.6 million, or $0.29 per diluted common share.

| • | Acquired/completed two build-to-suit properties for an aggregate initial basis of $253.5 million.

| • | Invested $45.4 million in on-going build-to-suit projects and commenced funding an office build-to-suit project for $62.4 million.

| • | Completed 0.9 million square feet of new leases and lease extensions with overall portfolio 96.8% leased at quarter end.

| • | Obtained $110.0 million 10-year non-recourse financing, which bears interest at a 4.0% fixed interest rate and is secured by the Richland, Washington property.

| • | Repurchased 0.9 million common shares at an average price of $8.12 per share.

Full Year 2015 Highlights

| • | Generated Company FFO of $268.0 million, or $1.10 per diluted common share.

| • | Acquired/completed nine properties for an aggregate initial basis of $483.0 million.

| • | Disposed of nine properties for gross proceeds of $265.2 million.

| • | Completed 4.0 million square feet of new leases and lease extensions.

| • | Refinanced $616 million of debt, extended weighted-average maturity to 7.2 years and lowered average borrowing cost by 50 bps to 4.01%.

| • | Repurchased over 2.2 million common shares at an average price of $8.29 per share.

Subsequent Events

| • | Acquired one industrial property for $29.7 million.

| • | Renewed 0.7 million square feet of leases.

| • | Closed on $57.5 million, 15-year, 5.2% fixed rate mortgage on newly-constructed Gateway Plaza property in Richmond, Virginia.

| • | Repurchased approximately 1.0 million common shares at an average price of $7.48 per share.

| 3 |

T. Wilson Eglin, President and Chief Executive Officer of Lexington, stated “We finished off 2015 on a strong note with good execution in all aspects of our business. During the quarter we closed on two substantial build-to-suit transactions for $253 million and subsequently obtained favorable financing on both, bringing our total acquisitions for the year to $483 million at an average cap rate of 7.4%. At year end, our overall portfolio was 96.8% leased as leasing volume remained strong at nearly one million square feet during the fourth quarter of 2015. We continue to believe our own shares represent an uncommon value and continued to execute on our share repurchase plan in the fourth quarter and into 2016.”

Mr. Eglin added, “In 2015, we executed a highly successful capital recycling program and disposed of $265 million of properties at an average cap rate of 6.3%. We expect our disposition volume in 2016 will be even more robust as we look to monetize our New York City land investments and certain other properties. The proceeds will be used primarily to fund new build-to-suit projects, retire short-term debt, and repurchase common shares. We have made good progress on leasing as we begin 2016, extending 700,000 square feet of leases to date. Elevated leasing velocity and investment volume have produced high levels of occupancy, balanced lease expirations and a longer weighted-average lease term with more secure cash flow. As a result, we expect underlying cash flows to remain strong in 2016. ”

FINANCIAL RESULTS

Revenues

For the quarter ended December 31, 2015, total gross revenues were $106.6 million, a 1.1% decrease compared with total gross revenues of $107.8 million for the quarter ended December 31, 2014. The decrease is primarily due to 2015 property sales and lease expirations, partially offset by revenue generated from property acquisitions and new leases signed.

Company FFO

For the quarter ended December 31, 2015, Lexington generated Company FFO of $69.6 million, or $0.29 per diluted share, compared to Company FFO for the quarter ended December 31, 2014 of $66.3 million, or $0.27 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 December 31, 2015 of $0.17 per common share/unit, which was paid on January 15, 2016 to common shareholders/unitholders of record as of December 31, 2015. Lexington also declared a dividend of $0.8125 per share on its Series C Cumulative Convertible Preferred Stock (“Series C Preferred Shares”), which is payable on May 16, 2016 to Series C Preferred Shareholders of record as of April 29, 2016.

Net Income Attributable to Common Shareholders

For the quarter ended December 31, 2015, net income attributable to common shareholders was $33.2 million, or $0.14 per diluted share, compared with net income attributable to common shareholders for the quarter ended December 31, 2014 of $35.7 million, or $0.15 per diluted share.

| 4 |

OPERATING ACTIVITIES

During the quarter ended December 31, 2015, Lexington completed the following build-to-suit projects:

COMPLETED BUILD-TO-SUIT PROJECTS

Primary Tenant |  | Location |  | Property Type |  | Initial Basis ($000) |  |  | Initial Annualized Cash Rent ($000) |  |  | Initial Cash Yield |  |  | Estimated GAAP Yield |  |  | Lease Term (Yrs)
Preferred Freezer Services of Richland LLC(1) |  | Richland, WA |  | Industrial |  | $ | 152,000 |  |  | $ | 10,792 |  |  |  | 7.1 | % |  |  | 8.6 | % |  | 20
McGuireWoods LLP(2) |  | Richmond, VA |  | Office |  |  | 101,489 |  |  |  | 8,701 |  |  |  | 8.2 | % |  |  | 9.0 | % |  | 15
|  |  |  |  |  | $ | 253,489 |  |  | $ | 19,493 |  |  |  | 7.6 | % |  |  | 8.8 | % |  |

| 1. | ConAgra Foods, Inc. provides credit support. Guarantors are Preferred Freezer Services LLC and Preferred Freezer Services Operating LLC.

| 2. | Property is 100% leased. McGuireWoods LLP is primary tenant with 68% of the space. Initial basis does not include $8.1 million for estimated earnout lease payments for developer leased space. Initial yields include $4.0 million of earnout lease payments earned but not yet paid as of December 31, 2015.

Lexington funded $45.4 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 12/31/2015 ($000) |  |  | Estimated Acquisition/ Completion Date |  | Estimated Initial Cash Yield |  |  | Estimated GAAP Yield |
Anderson, SC |  |  | 1,325,000 |  |  | Industrial |  |  | 20 |  |  | $ | 70,012 |  |  | $ | 23,826 |  |  | 2Q 16 |  |  | 5.9 | % |  |  | 7.3 | %
Lake Jackson, TX |  |  | 664,000 |  |  | Office |  |  | 20 |  |  |  | 166,164 |  |  |  | 62,353 |  |  | 4Q 16 |  |  | 7.3 | % |  |  | 8.9 | %
Charlotte, NC |  |  | 201,000 |  |  | Office |  |  | 15 |  |  |  | 62,445 |  |  |  | 9,223 |  |  | 1Q 17 |  |  | 8.3 | % |  |  | 9.5 | %
Houston, TX(1) |  |  | 274,000 |  |  | Retail/Specialty |  |  | 20 |  |  |  | 86,491 |  |  |  | 38,367 |  |  | 3Q 16 |  |  | 7.5 | % |  |  | 7.5 | %
|  |  | 2,464,000 |  |  |  |  |  |  |  |  | $ | 385,112 |  |  | $ | 133,769 |  |  |  |  |  |  |  |  |  |  |

| 1. | Lexington has a 25% interest as of December 31, 2015. Lexington is providing construction financing up to $56.7 million to the joint venture of which $8.5 million has been funded as of December 31, 2015. Lease contains annual CPI increases.

In addition, Lexington was committed to acquire, and subsequently acquired in January 2016, the following property:

FORWARD COMMITMENT

Location |  | Property Type |  | Estimated Acquisition Cost ($000) |  |  | Acquisition Date |  | Estimated Initial Cash Yield |  |  | Estimated GAAP Yield |  |  | Lease Term (Years)
Detroit, MI |  | Industrial |  | $ | 29,680 |  |  | 1Q 16 |  |  | 7.4 | % |  |  | 7.4 | % |  | 20

PROPERTY DISPOSITIONS

Tenant |  | Location |  | Property Type |  | Gross Disposition Price ($000) |  |  | Annualized NOI ($000) |  |  | Month of Disposition
Vacant(1) |  | Rochester, NY |  | Office |  | $ | 17,234 |  |  | $ | — |  |  | December

| 1. | Conveyed in foreclosure.

| 5 |

LEASING

As of December 31, 2015, Lexington's portfolio was 96.8% leased, excluding a property subject to a mortgage in default.

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

|  | LEASE EXTENSIONS |  |  |  |  |
|  | Location |  | Primary Tenant(1) |  | Prior Term |  | Lease Expiration Date |  | Sq. Ft. |
|  | Office/Multi-Tenant |  |  |  |  |  |  |  |  |  |  |  |
1-3 |  | Various |  | HI |  | N/A |  | 2015 |  | 2016-2018 |  |  | 886 |
3 |  | Total office lease extensions |  |  |  |  |  |  |  |  |  |  | 886 |
|  | Industrial |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Rockford |  | IL |  | Jacobson Warehouse Company, Inc. |  | 12/2015 |  | 12/2018 |  |  | 150,000 |
2 |  | Olive Branch |  | MS |  | MAHLE Aftermarket Inc. |  | 02/2016 |  | 02/2023 |  |  | 268,104 |
2 |  | Total industrial lease extensions |  |  |  |  |  |  |  |  |  |  | 418,104 |
5 |  | Total lease extensions |  |  |  |  |  |  |  |  |  |  | 418,990 |

|  | NEW LEASES |  |  |  |  |  |  |  |  |
|  | Location |  |  |  | Lease Expiration Date |  | Sq. Ft. |
|  | Office/Multi-Tenant |  |  |  |  |  |  |  |  |  |
1 |  | Westlake |  | TX |  | Charles Schwab & Co., Inc. |  | 06/2021 |  |  | 130,199 |
2 |  | Florence |  | SC |  | United States of America |  | 01/2016 |  |  | 12,851 |
3 |  | Farmers Branch |  | TX |  | International Business Machines Corporation |  | 04/2021 |  |  | 66,018 |
4 |  | Honolulu |  | HI |  | N/A |  | 12/2017 |  |  | 379 |
4 |  | Total new office leases |  |  |  |  |  |  |  |  | 209,447 |
|  | Industrial |  |  |  |  |  |  |  |  |  |
1 |  | McDonough |  | GA |  | United States Cold Storage, Inc. |  | 08/2028 |  |  | 296,972 |
1 |  | Total new industrial leases |  |  |  |  |  |  |  |  | 296,972 |
5 |  | Total new leases |  |  |  |  |  |  |  |  | 506,419 |
10 |  | TOTAL NEW AND EXTENDED LEASES |  |  |  |  |  |  |  |  | 925,409 |

| (1) | Leases greater than 10,000 square feet.

BALANCE SHEET/CAPITAL MARKETS

In December 2015, Lexington financed its industrial property in Richland, Washington with a $110.0 million non-recourse secured mortgage. The loan bears interest at a fixed rate of 4.0% and matures in 2026.

During 2015, Lexington announced a 10.0 million common share repurchase authorization. In the fourth quarter of 2015, Lexington repurchased 910,499 common shares at an average price of $8.12 per share, bringing the total common shares repurchased in 2015 to 2,216,799 common shares at an average price of $8.29 per share.

In 2016, Lexington acquired an additional 951,792 common shares at an average price of $7.48 per share. To date, we have repurchased a total of 3.2 million shares at an average share price of $8.05 per share

| 6 |

2016 EARNINGS GUIDANCE

Lexington is estimating that its Company FFO guidance for the year ended December 31, 2016 would be within the range of $1.00 to $1.10 per diluted share. This guidance is forward looking, excludes the impact of certain items and is based on current expectations.

FOURTH QUARTER 2015 CONFERENCE CALL

Lexington will host a conference call today, Tuesday, February 23, 2016, at 11:00 a.m. Eastern Time, to discuss its results for the quarter ended December 31, 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 March 8, 2016, at 877-870-5176 or 858-384-5517, pin: 13629156. 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 for Lexington Realty Trust:

Heather Gentry, Senior Vice President of Investor Relations

Lexington Realty Trust

Phone: (212) 692-7200 E-mail: hgentry@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, (2) Lexington's ability to achieve its estimate of Company FFO, as adjusted, for the year ending December 31, 2016, (3) the successful consummation of any lease, acquisition, build-to-suit, disposition, 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 December 31, |  |  | Twelve months ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Gross revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental |  | $ | 98,934 |  |  | $ | 99,610 |  |  | $ | 399,485 |  |  | $ | 392,480 |
Tenant reimbursements |  |  | 7,692 |  |  |  | 8,173 |  |  |  | 31,354 |  |  |  | 31,338 |
Total gross revenues |  |  | 106,626 |  |  |  | 107,783 |  |  |  | 430,839 |  |  |  | 423,818 |
Expense applicable to revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | (41,403 | ) |  |  | (40,105 | ) |  |  | (163,198 | ) |  |  | (154,837 | )
Property operating |  |  | (14,055 | ) |  |  | (17,039 | ) |  |  | (59,655 | ) |  |  | (63,673 | )
General and administrative |  |  | (6,750 | ) |  |  | (7,221 | ) |  |  | (29,276 | ) |  |  | (28,255 | )
Non-operating income |  |  | 3,216 |  |  |  | 4,136 |  |  |  | 11,429 |  |  |  | 14,505 |
Interest and amortization expense |  |  | (21,466 | ) |  |  | (23,847 | ) |  |  | (89,739 | ) |  |  | (97,303 | )
Gains on sales of financial assets, net |  |  | — |  |  |  | 855 |  |  |  | — |  |  |  | 855 |
Debt satisfaction gains (charges), net |  |  | 11,397 |  |  |  | (1,505 | ) |  |  | 25,150 |  |  |  | (9,452 | )
Impairment charges and loan loss |  |  | (2,762 | ) |  |  | (18,469 | ) |  |  | (36,832 | ) |  |  | (37,333 | )
Gains on sales of properties |  |  | — |  |  |  | — |  |  |  | 23,307 |  |  |  | — |
Income before provision for income taxes, equity in earnings of non-consolidated entities and discontinued operations |  |  | 34,803 |  |  |  | 4,588 |  |  |  | 112,025 |  |  |  | 48,325 |
Provision for income taxes |  |  | (104 | ) |  |  | (162 | ) |  |  | (568 | ) |  |  | (1,109 | )
Equity in earnings of non-consolidated entities |  |  | 814 |  |  |  | 380 |  |  |  | 1,752 |  |  |  | 626 |
Income from continuing operations |  |  | 35,513 |  |  |  | 4,806 |  |  |  | 113,209 |  |  |  | 47,842 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from discontinued operations |  |  | — |  |  |  | 651 |  |  |  | 109 |  |  |  | 6,252 |
Provision for income taxes |  |  | — |  |  |  | (8 | ) |  |  | (4 | ) |  |  | (59 | )
Debt satisfaction charges, net |  |  | — |  |  |  | (14 | ) |  |  | — |  |  |  | (312 | )
Gains on sales of properties |  |  | — |  |  |  | 35,455 |  |  |  | 1,577 |  |  |  | 57,507 |
Impairment charges |  |  | — |  |  |  | (2,705 | ) |  |  | — |  |  |  | (13,767 | )
Total discontinued operations |  |  | — |  |  |  | 33,379 |  |  |  | 1,682 |  |  |  | 49,621 |
Net income |  |  | 35,513 |  |  |  | 38,185 |  |  |  | 114,891 |  |  |  | 97,463 |
Less net income attributable to noncontrolling interests |  |  | (663 | ) |  |  | (822 | ) |  |  | (3,188 | ) |  |  | (4,359 | )
Net income attributable to Lexington Realty Trust shareholders |  |  | 34,850 |  |  |  | 37,363 |  |  |  | 111,703 |  |  |  | 93,104 |
Dividends attributable to preferred shares – Series C |  |  | (1,572 | ) |  |  | (1,572 | ) |  |  | (6,290 | ) |  |  | (6,290 | )
Allocation to participating securities |  |  | (49 | ) |  |  | (91 | ) |  |  | (313 | ) |  |  | (490 | )
Net income attributable to common shareholders |  | $ | 33,229 |  |  | $ | 35,700 |  |  | $ | 105,100 |  |  | $ | 86,324 |
Income per common share – basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.14 |  |  | $ | 0.01 |  |  | $ | 0.44 |  |  | $ | 0.17 |
Income from discontinued operations |  |  | — |  |  |  | 0.14 |  |  |  | 0.01 |  |  |  | 0.21 |
Net income attributable to common shareholders |  | $ | 0.14 |  |  | $ | 0.15 |  |  | $ | 0.45 |  |  | $ | 0.38 |
Weighted-average common shares outstanding – basic |  |  | 233,448,100 |  |  |  | 230,830,905 |  |  |  | 233,455,056 |  |  |  | 228,966,253 |
Income per common share – diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.14 |  |  | $ | 0.01 |  |  | $ | 0.44 |  |  | $ | 0.17 |
Income from discontinued operations |  |  | — |  |  |  | 0.14 |  |  |  | 0.01 |  |  |  | 0.21 |
Net income attributable to common shareholders |  | $ | 0.14 |  |  | $ | 0.15 |  |  | $ | 0.45 |  |  | $ | 0.38 |
Weighted-average common shares outstanding – diluted |  |  | 239,411,055 |  |  |  | 231,239,828 |  |  |  | 233,751,775 |  |  |  | 229,436,708 |
Amounts attributable to common shareholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 33,229 |  |  | $ | 2,322 |  |  | $ | 103,418 |  |  | $ | 37,652 |
Income from discontinued operations |  |  | — |  |  |  | 33,378 |  |  |  | 1,682 |  |  |  | 48,672 |
Net income attributable to common shareholders |  | $ | 33,229 |  |  | $ | 35,700 |  |  | $ | 105,100 |  |  | $ | 86,324 |

| 8 |

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

As of December 31,

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

|  | 2015 |  |  | 2014 |
Assets: |  |  |  |  |  |  |  |
Real estate, at cost |  | $ | 3,789,711 |  |  | $ | 3,671,560 |
Real estate - intangible assets |  |  | 692,778 |  |  |  | 705,566 |
Investments in real estate under construction |  |  | 95,402 |  |  |  | 106,238 |
|  |  | 4,577,891 |  |  |  | 4,483,364 |
Less: accumulated depreciation and amortization |  |  | 1,179,969 |  |  |  | 1,196,114 |
Real estate, net |  |  | 3,397,922 |  |  |  | 3,287,250 |
Assets held for sale |  |  | 24,425 |  |  |  | 3,379 |
Cash and cash equivalents |  |  | 93,249 |  |  |  | 191,077 |
Restricted cash |  |  | 10,637 |  |  |  | 17,379 |
Investment in and advances to non-consolidated entities |  |  | 31,054 |  |  |  | 19,402 |
Deferred expenses, net |  |  | 63,832 |  |  |  | 65,860 |
Loans receivable, net |  |  | 95,871 |  |  |  | 105,635 |
Rent receivable – current |  |  | 7,193 |  |  |  | 6,311 |
Rent receivable – deferred |  |  | 87,547 |  |  |  | 61,372 |
Other assets |  |  | 18,505 |  |  |  | 20,229 |
Total assets |  | $ | 3,830,235 |  |  | $ | 3,777,894 |
Liabilities and Equity: |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Mortgages and notes payable |  | $ | 882,952 |  |  | $ | 945,216 |
Credit facility borrowings |  |  | 177,000 |  |  |  | — |
Term loans payable |  |  | 505,000 |  |  |  | 505,000 |
Senior notes payable |  |  | 497,947 |  |  |  | 497,675 |
Convertible notes payable |  |  | 12,180 |  |  |  | 15,664 |
Trust preferred securities |  |  | 129,120 |  |  |  | 129,120 |
Dividends payable |  |  | 45,440 |  |  |  | 42,864 |
Liabilities held for sale |  |  | 8,405 |  |  |  | 2,843 |
Accounts payable and other liabilities |  |  | 41,479 |  |  |  | 37,740 |
Accrued interest payable |  |  | 8,851 |  |  |  | 8,301 |
Deferred revenue - including below market leases, net |  |  | 42,524 |  |  |  | 68,215 |
Prepaid rent |  |  | 16,806 |  |  |  | 16,336 |
Total liabilities |  |  | 2,367,704 |  |  |  | 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, 234,575,225 and 233,278,037 shares issued and outstanding in 2015 and 2014, respectively |  |  | 23 |  |  |  | 23 |
Additional paid-in-capital |  |  | 2,776,837 |  |  |  | 2,763,374 |
Accumulated distributions in excess of net income (loss) |  |  | (1,428,908 | ) |  |  | (1,372,051 | )
Accumulated other comprehensive income (loss) |  |  | (1,939 | ) |  |  | 404 |
Total shareholders’ equity |  |  | 1,440,029 |  |  |  | 1,485,766 |
Noncontrolling interests |  |  | 22,502 |  |  |  | 23,154 |
Total equity |  |  | 1,462,531 |  |  |  | 1,508,920 |
Total liabilities and equity |  | $ | 3,830,235 |  |  | $ | 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 December 31, |  |  | Twelve Months Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
EARNINGS PER SHARE: |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders |  | $ | 33,229 |  |  | $ | 2,322 |  |  | $ | 103,418 |  |  | $ | 37,652 |
Income from discontinued operations attributable to common shareholders |  |  | — |  |  |  | 33,378 |  |  |  | 1,682 |  |  |  | 48,672 |
Net income attributable to common shareholders |  | $ | 33,229 |  |  | $ | 35,700 |  |  | $ | 105,100 |  |  | $ | 86,324 |
Weighted-average number of common shares outstanding |  |  | 233,448,100 |  |  |  | 230,830,905 |  |  |  | 233,455,056 |  |  |  | 228,966,253 |
Income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.14 |  |  | $ | 0.01 |  |  | $ | 0.44 |  |  | $ | 0.17 |
Income from discontinued operations |  |  | — |  |  |  | 0.14 |  |  |  | 0.01 |  |  |  | 0.21 |
Net income attributable to common shareholders |  | $ | 0.14 |  |  | $ | 0.15 |  |  | $ | 0.45 |  |  | $ | 0.38 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders - basic |  | $ | 33,229 |  |  | $ | 2,322 |  |  | $ | 103,418 |  |  | $ | 37,652 |
Impact of assumed conversions |  |  | 711 |  |  |  | — |  |  |  | — |  |  |  | — |
Income from continuing operations attributable to common shareholders |  |  | 33,940 |  |  |  | 2,322 |  |  |  | 103,418 |  |  |  | 37,652 |
Income from discontinued operations attributable to common shareholders - basic |  |  | — |  |  |  | 33,378 |  |  |  | 1,682 |  |  |  | 48,672 |
Impact of assumed conversions |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Income from discontinued operations attributable to common shareholders |  |  | — |  |  |  | 33,378 |  |  |  | 1,682 |  |  |  | 48,672 |
Net income attributable to common shareholders |  | $ | 33,940 |  |  | $ | 35,700 |  |  | $ | 105,100 |  |  | $ | 86,324 |
Weighted-average common shares outstanding - basic |  |  | 233,448,100 |  |  |  | 230,830,905 |  |  |  | 233,455,056 |  |  |  | 228,966,253 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share options |  |  | 220,125 |  |  |  | 408,923 |  |  |  | 296,719 |  |  |  | 470,455 |
Operating Partnership Units |  |  | 3,834,962 |  |  |  | — |  |  |  | — |  |  |  | — |
6.00% Convertible Guaranteed Notes |  |  | 1,907,868 |  |  |  | — |  |  |  | — |  |  |  | — |
Weighted-average common shares outstanding |  |  | 239,411,055 |  |  |  | 231,239,828 |  |  |  | 233,751,775 |  |  |  | 229,436,708 |
Income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.14 |  |  | $ | 0.01 |  |  | $ | 0.44 |  |  | $ | 0.17 |
Income from discontinued operations |  |  | — |  |  |  | 0.14 |  |  |  | 0.01 |  |  |  | 0.21 |
Net income attributable to common shareholders |  | $ | 0.14 |  |  | $ | 0.15 |  |  | $ | 0.45 |  |  | $ | 0.38 |

| 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 December 31, |  |  | Twelve Months Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
FUNDS FROM OPERATIONS: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to common shareholders |  | $ | 33,229 |  |  | $ | 35,700 |  |  | $ | 105,100 |  |  | $ | 86,324 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 39,708 |  |  |  | 39,546 |  |  |  | 157,644 |  |  |  | 157,537 |
Impairment charges - real estate, including non-consolidated entities |  |  | 2,762 |  |  |  | 18,673 |  |  |  | 36,832 |  |  |  | 49,529 |
Noncontrolling interests - OP units |  |  | 457 |  |  |  | 434 |  |  |  | 1,999 |  |  |  | 2,990 |
Amortization of leasing commissions |  |  | 1,695 |  |  |  | 1,426 |  |  |  | 5,554 |  |  |  | 5,932 |
Joint venture and noncontrolling interest adjustment |  |  | 453 |  |  |  | 335 |  |  |  | 1,788 |  |  |  | 2,068 |
Gains on sales of properties, including non-consolidated entities |  |  | (487 | ) |  |  | (36,374 | ) |  |  | (25,371 | ) |  |  | (58,426 | )
FFO available to common shareholders and unitholders - basic |  |  | 77,817 |  |  |  | 59,740 |  |  |  | 283,546 |  |  |  | 245,954 |
Preferred dividends |  |  | 1,572 |  |  |  | 1,572 |  |  |  | 6,290 |  |  |  | 6,290 |
Interest and amortization on 6.00% Convertible Notes |  |  | 253 |  |  |  | 472 |  |  |  | 1,048 |  |  |  | 2,090 |
Amount allocated to participating securities |  |  | 49 |  |  |  | 91 |  |  |  | 313 |  |  |  | 490 |
FFO available to common shareholders and unitholders - diluted |  |  | 79,691 |  |  |  | 61,875 |  |  |  | 291,197 |  |  |  | 254,824 |
Debt satisfaction (gains) charges, net, including non-consolidated entities |  |  | (11,397 | ) |  |  | 1,519 |  |  |  | (25,086 | ) |  |  | 9,764 |
Impairment loss - loan receivable |  |  | — |  |  |  | 2,500 |  |  |  | — |  |  |  | 2,500 |
Transaction costs/Other |  |  | 1,285 |  |  |  | 368 |  |  |  | 1,864 |  |  |  | 1,882 |
Company FFO available to common shareholders and unitholders - diluted |  |  | 69,579 |  |  |  | 66,262 |  |  |  | 267,975 |  |  |  | 268,970 |
FUNDS AVAILABLE FOR DISTRIBUTION: (2) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Straight-line rents |  |  | (12,460 | ) |  |  | (16,170 | ) |  |  | (47,702 | ) |  |  | (47,227 | )
Lease incentives |  |  | 387 |  |  |  | 386 |  |  |  | 1,544 |  |  |  | 1,490 |
Amortization of below/above market leases |  |  | 418 |  |  |  | 233 |  |  |  | 261 |  |  |  | 1,136 |
Lease termination payments, net |  |  | 2,420 |  |  |  | (1,227 | ) |  |  | 3,086 |  |  |  | 1,571 |
Non-cash interest, net |  |  | (638 | ) |  |  | 1,294 |  |  |  | (118 | ) |  |  | (2,892 | )
Non-cash charges, net |  |  | 2,213 |  |  |  | 2,141 |  |  |  | 8,821 |  |  |  | 8,704 |
Tenant improvements |  |  | (7,242 | ) |  |  | (5,435 | ) |  |  | (20,426 | ) |  |  | (11,395 | )
Lease costs |  |  | (2,439 | ) |  |  | (2,070 | ) |  |  | (6,681 | ) |  |  | (10,484 | )
Company Funds Available for Distribution |  | $ | 52,238 |  |  | $ | 45,414 |  |  | $ | 206,760 |  |  | $ | 209,873 |
Per Common Share and Unit Amounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FFO |  | $ | 0.33 |  |  | $ | 0.25 |  |  | $ | 1.19 |  |  | $ | 1.06 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FFO |  | $ | 0.33 |  |  | $ | 0.25 |  |  | $ | 1.19 |  |  | $ | 1.05 |
Company FFO |  | $ | 0.29 |  |  | $ | 0.27 |  |  | $ | 1.10 |  |  | $ | 1.11 |
Company FAD |  | $ | 0.21 |  |  | $ | 0.19 |  |  | $ | 0.85 |  |  | $ | 0.87 |
Weighted-Average Common Shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic(3) |  |  | 237,283,062 |  |  |  | 234,688,921 |  |  |  | 237,303,490 |  |  |  | 232,838,280 |
Diluted |  |  | 244,121,625 |  |  |  | 243,398,807 |  |  |  | 244,355,734 |  |  |  | 241,967,017 |

| 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) lease termination payments, net, (5) non-cash interest, net, (6) non-cash charges, net, (7) cash paid for tenant improvements, and (8) cash paid for lease costs. 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 other than OP units held by us.

# # #

| 12 |

LEXINGTON REALTY TRUST

2015 Fourth Quarter Investment / Capital Recycling Summary

PROPERTY INVESTMENTS

|  | Primary Tenant (Guarantor) |  | Location |  | Property Type |  | Initial Basis ($000) |  |  | Initial Annualized Cash Rent ($000) |  |  | Initial Cash Yield |  |  | Initial GAAP Yield |  |  | Month Closed |  | Primary Lease Expiration
1 |  | Preferred Freezer Services of Richland LLC (Preferred Freezer Services, LLC & Preferred Freezer Services Operating, LLC) (1) |  | Richland |  | WA |  | Industrial |  | $ | 152,000 |  |  | $ | 10,792 |  |  |  | 7.1 | % |  |  | 8.6 | % |  | November |  | 08/2035
2 |  | McGuireWoods LLP (2) |  | Richmond |  | VA |  | Office |  |  | 101,489 |  |  |  | 8,701 |  |  |  | 8.2 | % |  |  | 9.0 | % |  | December |  | 08/2030
2 |  | TOTAL PROPERTY INVESTMENT |  |  |  |  |  |  |  | $ | 253,489 |  |  | $ | 19,493 |  |  |  | 7.6 | % |  |  | 8.8 | % |  |  |  |

CAPITAL RECYCLING

|  | PROPERTY DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Tenant |  | Location |  | Property Type |  | Gross Disposition Price ($000) |  |  | Annualized NOI ($000) |  |  | Month of Disposition |  |  | % Leased |  |  | Gross Disposition Price PSF |
1 |  | Vacant (3) |  | Rochester |  | NY |  | Office |  | $ | 17,234 |  |  | $ | - |  |  |  | December |  |  |  | 0 | % |  | $ | 76.26 |

| Footnotes
(1) | ConAgra Foods Inc. provides credit support.
(2) | Property is 100% leased. McGuireWoods LLP is primary tenant with 68% of the space. Initial basis does not include $8.1 million for estimated earnout lease payments for developer leased space. Initial yields include $4.0 million of earnout lease payments earned but not yet paid as of 12/31/2015.
(3) | Property conveyed through foreclosure.

| 13 |

LEXINGTON REALTY TRUST

BUILD-TO-SUIT PROJECTS / FORWARD PURCHASE COMMITMENTS

12/31/2015

BUILD-TO-SUIT PROJECTED CONSTRUCTION FUNDING SCHEDULE (1)

|  | Location |  | Sq. Ft |  |  | Asset Type |  | Lease Term (Years) |  | Maximum Commitment/ Estimated Completion Cost ($000) |  |  | Investment balance as of 12/31/15 ($000) |  |  | Estimated Cash Investment Next 12 Months ($000) |  |  | Estimated Completion/ Acquisition Date |  | Estimated Initial Cash Yield |  |  | Estimated GAAP Yield |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Q1 2016 |  |  | Q2 2016 |  |  | Q3 2016 |  |  | Q4 2016 |  |  |  |  |  |  |  |  |
1 |  | Anderson |  | SC |  |  | 1,325,000 |  |  | Industrial |  | 20 |  | $ | 70,012 |  |  | $ | 23,826 |  |  | $ | 21,088 |  |  | $ | 24,536 |  |  | $ | - |  |  | $ | - |  |  | 2Q16 |  |  | 5.9 | % |  |  | 7.3 | %
2 |  | Lake Jackson |  | TX |  |  | 664,000 |  |  | Office |  | 20 |  |  | 166,164 |  |  |  | 62,353 |  |  |  | 300 |  |  |  | 33,818 |  |  |  | 50,577 |  |  |  | 16,859 |  |  | 4Q 16 |  |  | 7.3 | % |  |  | 8.9 | %
3 |  | Charlotte |  | NC |  |  | 201,000 |  |  | Office |  | 15 |  |  | 62,445 |  |  |  | 9,223 |  |  |  | 8,425 |  |  |  | 11,130 |  |  |  | 11,130 |  |  |  | 11,130 |  |  | 1Q 17 |  |  | 8.3 | % |  |  | 9.5 | %
3 |  | TOTAL CONSOLIDATED BUILD-TO-SUIT PROJECTS (2) |  |  |  |  |  |  |  |  |  | $ | 298,621 |  |  | $ | 95,402 |  |  | $ | 29,813 |  |  | $ | 69,484 |  |  | $ | 61,707 |  |  | $ | 27,989 |  |  |  |  |  |  |  |  |  |  |
1 |  | Houston (3) |  | TX |  |  | 274,000 |  |  | Retail/Specialty |  | 20 |  | $ | 86,491 |  |  | $ | 38,367 |  |  | $ | 15,269 |  |  | $ | 15,269 |  |  | $ | 15,269 |  |  | $ | - |  |  | 3Q 16 |  |  | 7.5 | % |  |  | 7.5 | %
1 |  | TOTAL NON-CONSOLIDATED BUILD-TO-SUIT PROJECTS |  |  |  |  |  |  |  |  |  | $ | 86,491 |  |  | $ | 38,367 |  |  | $ | 15,269 |  |  | $ | 15,269 |  |  | $ | 15,269 |  |  | $ | - |  |  |  |  |  |  |  |  |  |  |
4 |  | TOTAL BUILD-TO-SUIT PROJECTS |  |  |  |  |  |  |  |  |  | $ | 385,112 |  |  | $ | 133,769 |  |  | $ | 45,082 |  |  | $ | 84,753 |  |  | $ | 76,976 |  |  | $ | 27,989 |  |  |  |  |  |  |  |  |  |  |

FORWARD PURCHASE COMMITMENTS (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 |  | FCA US LLC (F/K/A Chrysler Group LLC) (4) |  | Detroit, MI |  | Industrial |  |  | 189,960 |  |  | $ | 29,680 |  |  | 1Q 16 |  |  | 7.4 | % |  |  | 7.4 | % |  | 20 yrs
1 |  | TOTAL FORWARD PURCHASE COMMITMENTS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

BUILD-TO-SUIT NOI (5) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 2011 |  |  | 2012 |  |  | 2013 |  |  | 2014 |  |  | 2015 |
Net operating income ($000) |  | $ | 1,156 |  |  | $ | 5,268 |  |  | $ | 11,920 |  |  | $ | 21,438 |  |  | $ | 27,462 |

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 $98.2 million.

| (3) | Lexington has a 25% interest as of December 31, 2015. Lexington is providing construction financing up to $56.7 million to the joint venture, of which $8.5 million has been funded as of December 31, 2015. Estimated cash investments for the next 12 months are Lexington's estimated loan amounts. Lease contains annual CPI increases.

| (4) | Lexington funded a $2.5 million deposit. Property acquired January 2016.

| (5) | Net operating income generated from completed build-to-suit projects funded by Lexington beginning in 2010.

| 14 |

LEXINGTON REALTY TRUST

2015 Fourth Quarter Financing Summary

DEBT RETIRED |  |  |  |  |  |  |  |  |  |  |  |
Location |  | Tenant (Guarantor) |  | Property Type |  | Face / Satisfaction ($000) |  |  | Fixed Rate |  |  | Maturity Date
Consolidated Mortgage Debt: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rochester, NY (1) |  | Vacant |  | Office |  | $ | 17,234 |  |  |  | 6.21 | % |  | 08/2016

PROPERTY LEVEL FINANCING

Location |  | Tenant (Guarantor) |  | Property Type |  |  | Face ($000) |  |  |  | Fixed Rate |  |  | Maturity Date
Richland, WA |  | Preferred Freezer Services of Richland LLC (Preferred Freezer Services, LLC & Preferred Freezer Services Operating, LLC) |  | Industrial |  | $ | 110,000 |  |  |  | 4.00 | % |  | 01/2026

Footnotes

| (1) | Property conveyed through foreclosure.

| 15 |

LEXINGTON REALTY TRUST

2015 Fourth 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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-3 |  | Various |  | Honolulu |  | HI |  | 2015 |  | 2016-2018 |  |  | 886 |  |  | $ | 10 |  |  | $ | 10 |  |  | $ | 10 |  |  | $ | 10 |
3 |  | Total office lease extensions |  |  |  |  |  |  |  |  |  |  | 886 |  |  | $ | 10 |  |  | $ | 10 |  |  | $ | 10 |  |  | $ | 10 |
|  | Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | MAHLE Aftermarket Inc. (MAHLE Industries, Incorporated) |  | Olive Branch |  | MS |  | 02/2016 |  | 02/2023 |  |  | 268,104 |  |  | $ | 871 |  |  | $ | 954 |  |  | $ | 906 |  |  | $ | 905 |
2 |  | Jacobson Warehouse Company, Inc. |  | Rockford |  | IL |  | 12/2015 |  | 12/2018 |  |  | 150,000 |  |  |  | 525 |  |  |  | 476 |  |  |  | 471 |  |  |  | 488 |
2 |  | Total industrial lease extensions |  |  |  |  |  |  |  |  |  |  | 418,104 |  |  | $ | 1,396 |  |  | $ | 1,430 |  |  | $ | 1,377 |  |  | $ | 1,393 |
5 |  | TOTAL EXTENDED LEASES |  |  |  |  |  |  |  |  |  |  | 418,990 |  |  | $ | 1,406 |  |  | $ | 1,440 |  |  | $ | 1,387 |  |  | $ | 1,403 |

NEW LEASES

|  | Tenant |  | 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 |  | Charles Schwab & Co, Inc. |  | Westlake |  | TX |  | 06/2021 |  |  | 130,199 |  |  | $ | 2,018 |  |  | $ | 3,476 |
2 |  | United States of America (2) |  | Florence |  | SC |  | 01/2016 |  |  | 12,851 |  |  |  | 257 |  |  |  | 257 |
3 |  | International Business Machines Corporation |  | Farmers Branch |  | TX |  | 04/2021 |  |  | 66,018 |  |  |  | 988 |  |  |  | 1,056 |
4 |  | Valdeshia Kelly and Corinthian Kelly |  | Honolulu |  | HI |  | 12/2017 |  |  | 379 |  |  |  | 8 |  |  |  | 8 |
4 |  | Total office new leases |  |  |  |  |  |  |  |  | 209,447 |  |  | $ | 3,271 |  |  | $ | 4,797 |
|  | Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | United States Cold Storage, Inc. |  | McDonough |  | GA |  | 08/2028 |  |  | 296,972 |  |  | $ | 2,109 |  |  | $ | 2,251 |
1 |  | Total industrial new lease |  |  |  |  |  |  |  |  | 296,972 |  |  | $ | 2,109 |  |  | $ | 2,251 |
5 |  | TOTAL NEW LEASES |  |  |  |  |  |  |  |  | 506,419 |  |  | $ | 5,380 |  |  | $ | 7,048 |
10 |  | TOTAL NEW AND EXTENDED LEASES |  |  |  |  |  |  |  |  | 925,409 |  |  | $ | 6,786 |  |  | $ | 8,435 |

Footnotes

| (1) | Assumes twelve months rent from the later of 1/1/16 or full lease commencement/extension, excluding free rent periods as applicable.

| (2) | Tenant lease has expired, and tenant has vacated.

| 16 |

LEXINGTON REALTY TRUST

Other Revenue Data

12/31/2015

($000)

Other Revenue Data

|  | GAAP Rent |
Asset Class |  | Twelve months ended |
|  |  | 12/31/15 (1) |  |  |  | 12/31/15 Percentage |  |  |  | 12/31/14 Percentage |
Office |  | $ | 192,863 |  |  |  | 50.1 | % |  |  | 51.4 | %
Industrial |  |  | 107,263 |  |  |  | 27.9 | % |  |  | 23.0 | %
Land / Infrastructure |  |  | 61,534 |  |  |  | 16.0 | % |  |  | 14.3 | %
Multi-tenant |  |  | 11,450 |  |  |  | 3.0 | % |  |  | 8.7 | %
Retail/Specialty |  |  | 11,879 |  |  |  | 3.0 | % |  |  | 2.6 | %
|  | $ | 384,989 |  |  |  | 100.0 | % |  |  | 100.0 | %

|  | GAAP Rent |
Credit Ratings (2) |  | Twelve months ended |
|  |  | 12/31/15 (1) |  |  |  | 12/31/15 Percentage |  |  |  | 12/31/14 Percentage |
Investment Grade |  | $ | 132,787 |  |  |  | 34.5 | % |  |  | 36.6 | %
Non-Investment Grade |  |  | 57,419 |  |  |  | 14.9 | % |  |  | 12.4 | %
Unrated |  |  | 194,783 |  |  |  | 50.6 | % |  |  | 51.0 | %
|  | $ | 384,989 |  |  |  | 100.0 | % |  |  | 100.0 | %

Weighted-Average Lease Term - Cash Basis | As of 12/31/15 |  | As of 12/31/14 |
| 12.6 years |  | 12.1 years |

Weighted-Average Lease Term - Cash Basis - Adjusted (3) | As of 12/31/15 |  | As of 12/31/14 |
| 9.1 years |  | 8.6 years |

Rent Estimates for Current Assets

Year |  | Cash (4) |  |  | GAAP (4) |  |  | Projected Straight-line / GAAP Rent Adjustment |
2016 |  | $ | 355,680 |  |  | $ | 401,712 |  |  | $ | (46,032 | )
2017 |  | $ | 331,210 |  |  | $ | 372,673 |  |  | $ | (41,463 | )

Footnotes

| (1) | Twelve months ended 12/31/2015 GAAP rent recognized for consolidated properties owned as of 12/31/2015.

| (2) | Credit ratings are based upon either tenant, guarantor or parent. Generally, multi-tenant assets are included in unrated.

| (3) | Adjusted to reflect NY land leases to the first purchase option date.

| (4) | Amounts assume (1) lease terms for non-cancellable periods only, (2) no new or renegotiated leases are entered into after 12/31/2015, and (3) no properties are sold or acquired after 12/31/2015.

| 17 |

LEXINGTON REALTY TRUST

Other Revenue Data (Continued)

12/31/2015

($000)

Same-Store NOI (1)(2)

|  | Twelve months ended December 31, |
|  | 2015 |  |  | 2014 |
Total Base Rent |  | $ | 302,827 |  |  | $ | 303,495 |
Tenant Reimbursements |  |  | 28,637 |  |  |  | 28,109 |
Property Operating Expenses |  |  | (47,578 | ) |  |  | (47,416 | )
Same-Store NOI |  | $ | 283,886 |  |  | $ | 284,188 |
Change in Same-Store NOI |  |  | (0.1 | )% |  |  |  |

Same-Store Percent Leased (2)

|  | As of 12/31/15 |  |  | As of 12/31/14 |
|  |  | 97.6 | % |  |  | 98.0 | %

Lease Escalation Data (3)

Footnotes

(1) | NOI is on a consolidated cash basis for all consolidated properties except properties acquired/expanded and sold in 2015 and 2014 and excludes lease termination payments.
(2) | Adjusted for potential foreclosure on the Bridgewater, NJ property.
(3) | Based on twelve months consolidated cash base rents for single-tenant leases. Excludes parking operations and $7.8 million in step-down leases.

| 18 |

LEXINGTON REALTY TRUST

Portfolio Detail By Asset Class

12/31/2015

( $000, except square footage)

Asset Class |  | YE 2012 |  |  | YE 2013 |  |  | YE 2014 |  |  | YE 2015 |
Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 64.3 | % |  |  | 61.3 | % |  |  | 51.4 | % |  |  | 50.1 | %
LTL (5) |  |  | 22.4 | % |  |  | 26.8 | % |  |  | 31.8 | % |  |  | 23.4 | %
STL (6) |  |  | 77.6 | % |  |  | 73.2 | % |  |  | 68.2 | % |  |  | 76.6 | %
Leased |  |  | 98.6 | % |  |  | 99.0 | % |  |  | 98.6 | % |  |  | 99.6 | %
Wtd. Avg. Lease Term (2) |  |  | 6.6 |  |  |  | 7.2 |  |  |  | 7.4 |  |  |  | 7.2 |
Mortgage Debt |  | $ | 1,078,345 |  |  | $ | 692,460 |  |  | $ | 426,635 |  |  | $ | 329,696 |
% Investment Grade (1) |  |  | 62.1 | % |  |  | 57.2 | % |  |  | 53.7 | % |  |  | 48.7 | %
Square Feet |  |  | 15,726,609 |  |  |  | 15,316,875 |  |  |  | 13,264,134 |  |  |  | 12,847,877 |
Cash Base Rent |  | $ | 198,183 |  |  | $ | 214,774 |  |  | $ | 192,865 |  |  | $ | 183,249 |
Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 22.9 | % |  |  | 23.2 | % |  |  | 23.0 | % |  |  | 27.9 | %
LTL (5) |  |  | 33.7 | % |  |  | 35.2 | % |  |  | 42.8 | % |  |  | 43.1 | %
STL (6) |  |  | 66.3 | % |  |  | 64.8 | % |  |  | 57.2 | % |  |  | 56.9 | %
Leased |  |  | 99.6 | % |  |  | 99.8 | % |  |  | 99.7 | % |  |  | 99.6 | %
Wtd. Avg. Lease Term (2) |  |  | 7.5 |  |  |  | 7.2 |  |  |  | 7.9 |  |  |  | 9.5 |
Mortgage Debt |  | $ | 221,055 |  |  | $ | 206,209 |  |  | $ | 177,951 |  |  | $ | 292,293 |
% Investment Grade (1) |  |  | 23.1 | % |  |  | 34.1 | % |  |  | 29.3 | % |  |  | 30.3 | %
Square Feet |  |  | 21,317,359 |  |  |  | 21,473,994 |  |  |  | 22,612,691 |  |  |  | 25,561,136 |
Cash Base Rent |  | $ | 70,600 |  |  | $ | 84,039 |  |  | $ | 89,991 |  |  | $ | 105,032 |
Land/Infrastructure |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 0.5 | % |  |  | 4.9 | % |  |  | 14.3 | % |  |  | 16.0 | %
LTL (5) |  |  | 100.0 | % |  |  | 100.0 | % |  |  | 100.0 | % |  |  | 100.0 | %
STL (6) |  |  | 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 |  |  |  | 70.3 |
Wtd. Avg. Lease Term Adjusted (3) |  |  | 19.1 |  |  |  | 23.7 |  |  |  | 22.8 |  |  |  | 22.8 |
Mortgage Debt |  | $ | - |  |  | $ | 213,500 |  |  | $ | 213,475 |  |  | $ | 242,494 |
% Investment Grade (1) |  |  | 0.0 | % |  |  | 0.2 | % |  |  | 0.4 | % |  |  | 0.4 | %
Cash Base Rent |  | $ | 1,219 |  |  | $ | 9,259 |  |  | $ | 22,717 |  |  | $ | 25,651 |
Multi-Tenant |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 9.0 | % |  |  | 7.9 | % |  |  | 8.7 | % |  |  | 3.0 | %
Leased |  |  | 67.4 | % |  |  | 66.4 | % |  |  | 53.9 | % |  |  | 44.1 | %
Wtd. Avg. Lease Term (2) |  |  | 7.1 |  |  |  | 7.0 |  |  |  | 6.9 |  |  |  | 3.4 |
Mortgage Debt |  | $ | 102,582 |  |  | $ | 71,754 |  |  | $ | 116,763 |  |  | $ | 14,118 |
% Investment Grade (1) |  |  | 33.2 | % |  |  | 34.5 | % |  |  | 19.3 | % |  |  | 36.9 | %
Square Feet |  |  | 2,396,631 |  |  |  | 2,259,189 |  |  |  | 2,414,889 |  |  |  | 2,301,864 |
Cash Base Rent |  | $ | 25,169 |  |  | $ | 27,941 |  |  | $ | 34,458 |  |  | $ | 11,425 |
Retail/Specialty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 3.3 | % |  |  | 2.7 | % |  |  | 2.6 | % |  |  | 3.0 | %
LTL (5) |  |  | 15.3 | % |  |  | 21.0 | % |  |  | 28.1 | % |  |  | 34.7 | %
STL (6) |  |  | 84.7 | % |  |  | 79.0 | % |  |  | 71.9 | % |  |  | 65.3 | %
Leased |  |  | 99.3 | % |  |  | 98.5 | % |  |  | 94.3 | % |  |  | 97.9 | %
Wtd. Avg. Lease Term (2) |  |  | 8.0 |  |  |  | 7.2 |  |  |  | 9.1 |  |  |  | 8.4 |
Mortgage Debt |  | $ | 13,979 |  |  | $ | 13,566 |  |  | $ | 13,170 |  |  | $ | 12,724 |
% Investment Grade (1) |  |  | 22.0 | % |  |  | 18.7 | % |  |  | 22.4 | % |  |  | 16.4 | %
Square Feet |  |  | 1,755,608 |  |  |  | 1,489,267 |  |  |  | 1,447,724 |  |  |  | 1,395,517 |
Cash Base Rent |  | $ | 8,186 |  |  | $ | 7,947 |  |  | $ | 8,948 |  |  | $ | 9,557 |
Loans Receivable |  | $ | 72,540 |  |  | $ | 99,443 |  |  | $ | 105,635 |  |  | $ | 95,871 |
Construction in progress (4) |  | $ | 71,634 |  |  | $ | 78,656 |  |  | $ | 121,184 |  |  | $ | 103,954 |

Footnotes

| (1) | Percentage of GAAP rent.

| (2) | Cash basis.

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

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

| (5) | Long-term leases ("LTL") are defined as leases having a term of ten years or longer.

| (6) | Short-term leases ("STL") are defined as leases having a term of less than ten years.

| 19 |

LEXINGTON REALTY TRUST

Portfolio Composition

12/31/2015

As a Percent of Gross Book Value (1)

Portfolio Composition (2)

Footnotes

| (1) | Based on gross book value of assets as of 12/31/2015.

| (2) | Based on twelve months GAAP rent as of 12/31/2015.

| 20 |

LEXINGTON REALTY TRUST
Components of Net Asset Value
12/31/2015
($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 twelve month cash net operating income (NOI) (1) |  |  |  |
Office |  | $ | 178,659 |
Industrial |  |  | 116,682 |
Land/ Infrastructure |  |  | 25,949 |
Multi-Tenant |  |  | 3,072 |
Retail/Specialty |  |  | 7,640 |
Total Net Operating Income |  | $ | 332,002 |
Lexington's share of non-consolidated twelve month NOI (1) |  |  |  |
Land/Infrastructure |  | $ | 244 |
Office |  |  | 2,218 |
Retail/Specialty |  |  | 1,213 |
|  | $ | 3,675 |
Other income |  |  |  |
Advisory fees |  | $ | 547 |

In service assets not fairly valued by capitalized NOI method (1) |  |  |  |
Wholly-owned assets |  | $ | 82,156 |
Add other assets: |  |  |  |
Assets held for sale |  | $ | 24,425 |
Loans receivable |  |  | 95,871 |
Development investment at cost incurred |  |  | 119,924 |
Cash and cash equivalents |  |  | 93,249 |
Restricted cash |  |  | 10,637 |
Accounts receivable, net |  |  | 7,193 |
Other assets |  |  | 18,505 |
Total other assets |  | $ | 369,804 |
Liabilities: |  |  |  |
Corporate level debt |  | $ | 1,321,247 |
Mortgages and notes payable |  |  | 882,952 |
Liabilities held for sale |  |  | 8,405 |
Dividends payable |  |  | 45,440 |
Accounts payable, accrued expenses and other liabilities |  |  | 67,136 |
Preferred stock, at liquidation value |  |  | 96,770 |
Lexington's share of non-consolidated mortgages |  |  | 8,591 |
Total deductions |  | $ | 2,430,541 |
Common shares & OP units at 12/31/2015 |  |  | 238,395,417 |

Footnotes

| (1) | Twelve months ended December 31, 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.

| 21 |

LEXINGTON REALTY TRUST
Top Markets
12/31/2015

|  | Core Based Statistical Area (2) |  | Percent of GAAP Rent as of 12/31/15 (1) |
1 |  | New York-Northern New Jersey-Long Island, NY-NJ-PA |  |  | 16.5 | %
2 |  | Dallas-Fort Worth-Arlington, TX |  |  | 6.7 | %
3 |  | Houston-Sugar Land-Baytown, TX |  |  | 6.4 | %
4 |  | Memphis, TN-MS-AR |  |  | 4.4 | %
5 |  | Kansas City, MO-KS |  |  | 3.8 | %
6 |  | Phoenix-Mesa-Scottsdale, AZ |  |  | 3.8 | %
7 |  | Denver-Aurora, CO |  |  | 2.3 | %
8 |  | Detroit-Warren-Livonia, MI |  |  | 2.2 | %
9 |  | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |  |  | 2.2 | %
10 |  | Boston-Cambridge-Quincy, MA-NH |  |  | 2.1 | %
11 |  | Columbus, OH |  |  | 2.0 | %
12 |  | Indianapolis-Carmel, IN |  |  | 1.9 | %
13 |  | Charlotte-Gastonia-Rock Hill, NC-SC |  |  | 1.8 | %
14 |  | Las Vegas-Paradise, NV |  |  | 1.8 | %
15 |  | San Jose-Sunnyvale-Santa Clara, CA |  |  | 1.7 | %
16 |  | Chicago-Naperville-Joliet, IL-IN-WI |  |  | 1.6 | %
17 |  | Atlanta-Sandy Springs-Marietta, GA |  |  | 1.5 | %
18 |  | Orlando-Kissimmee, FL |  |  | 1.4 | %
19 |  | Cincinnati-Middletown, OH-KY-IN |  |  | 1.4 | %
20 |  | Washington-Arlington-Alexandria, DC-VA-MD-WV |  |  | 1.3 | %
|  | Total Top Markets (3) |  |  | 66.8 | %

Footnotes

| (1) | Twelve months ended 12/31/2015 GAAP rent recognized for consolidated properties owned as of 12/31/2015.

| (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.

| 22 |

LEXINGTON REALTY TRUST

Single-Tenant Office Markets

12/31/2015

Footnotes

| (1) | Twelve months ended 12/31/2015 GAAP rent recognized for consolidated office properties owned as of 12/31/2015.

| (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.

| 23 |

LEXINGTON REALTY TRUST

Tenant Industry Diversification

12/31/2015

Footnotes

| (1) | Twelve months ended 12/31/2015 GAAP rent recognized for consolidated properties owned as of 12/31/2015.

| 24 |

LEXINGTON REALTY TRUST

Top 10 Tenants or Guarantors

12/31/2015

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 Rent as of 12/31/2015 ($000) (1) |  |  | Percent of Cash Rent as of 12/31/2015 ($000) (1) (2) |
FedEx Corporation / Federal Express Corporation |  | 3 |  |  | 787,829 |  |  |  | 1.9 | % |  | $ | 12,569 |  |  |  | 3.8 | %
Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | 7 |  |  | 2,053,359 |  |  |  | 4.9 | % |  |  | 10,221 |  |  |  | 3.1 | %
United States of America |  | 4 |  |  | 411,065 |  |  |  | 1.0 | % |  |  | 7,997 |  |  |  | 2.4 | %
Nissan North America, Inc. |  | 2 |  |  | 1,691,049 |  |  |  | 4.0 | % |  |  | 7,895 |  |  |  | 2.4 | %
Swiss Re America Holding Corporation / Westport Insurance Corporation |  | 2 |  |  | 476,123 |  |  |  | 1.1 | % |  |  | 7,512 |  |  |  | 2.2 | %
Xerox Corporation |  | 1 |  |  | 202,000 |  |  |  | 0.5 | % |  |  | 7,070 |  |  |  | 2.1 | %
Michelin North America, Inc. |  | 3 |  |  | 2,503,916 |  |  |  | 5.9 | % |  |  | 7,039 |  |  |  | 2.1 | %
T-Mobile USA, Inc. / T-Mobile West Corporation |  | 5 |  |  | 386,078 |  |  |  | 0.9 | % |  |  | 6,920 |  |  |  | 2.1 | %
SM Ascott LLC |  | 1 |  |  | - |  |  |  | 0.0 | % |  |  | 5,771 |  |  |  | 1.7 | %
Industrial Terminals Management, LLC (Maritime Holdings (Delaware) LLC) |  | 1 |  |  | 132,449 |  |  |  | 0.3 | % |  |  | 5,473 |  |  |  | 1.6 | %
|  | 29 |  |  | 8,643,868 |  |  |  | 20.4 | % |  | $ | 78,467 |  |  |  | 23.4 | %

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 Rent as of 12/31/2015 ($000) (3) |  |  | Percent of GAAP Rent as of 12/31/2015 ($000) (3) (2) |
SM Ascott LLC |  | 1 |  |  | - |  |  |  | 0.0 | % |  | $ | 17,373 |  |  |  | 4.5 | %
FC-Canal Ground Tenant LLC |  | 1 |  |  | - |  |  |  | 0.0 | % |  |  | 14,890 |  |  |  | 3.9 | %
AL-Stone Ground Tenant LLC |  | 1 |  |  | - |  |  |  | 0.0 | % |  |  | 13,590 |  |  |  | 3.5 | %
FedEx Corporation / Federal Express Corporation |  | 3 |  |  | 787,829 |  |  |  | 1.9 | % |  |  | 12,897 |  |  |  | 3.3 | %
Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  | 7 |  |  | 2,053,359 |  |  |  | 4.9 | % |  |  | 9,941 |  |  |  | 2.6 | %
United States of America |  | 4 |  |  | 411,065 |  |  |  | 1.0 | % |  |  | 9,559 |  |  |  | 2.5 | %
Nissan North America, Inc. |  | 2 |  |  | 1,691,049 |  |  |  | 4.0 | % |  |  | 8,092 |  |  |  | 2.1 | %
Swiss Re America Holding Corporation / Westport Insurance Corporation |  | 2 |  |  | 476,123 |  |  |  | 1.1 | % |  |  | 7,544 |  |  |  | 2.0 | %
Michelin North America, Inc. |  | 3 |  |  | 2,503,916 |  |  |  | 5.9 | % |  |  | 7,081 |  |  |  | 1.8 | %
Industrial Terminals Management, LLC (Maritime Holdings (Delaware) LLC) |  | 1 |  |  | 132,449 |  |  |  | 0.3 | % |  |  | 6,773 |  |  |  | 1.8 | %
|  | 25 |  |  | 8,055,790 |  |  |  | 19.1 | % |  | $ | 107,740 |  |  |  | 28.0 | %

Footnotes

| (1) | Twelve months ended 12/31/2015 cash rent recognized for consolidated properties owned as of 12/31/2015.

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

| (3) | Twelve months ended 12/31/2015 GAAP rent recognized for consolidated properties owned as of 12/31/2015.

| 25 |

LEXINGTON REALTY TRUST

Lease Rollover Schedule - Consolidated Single-Tenant Properties GAAP Basis

12/31/2015

($000)

Year |  | Number of Leases Expiring |  |  | GAAP Rent as of 12/31/2015 |  |  | Percent of GAAP Rent as of 12/31/2015 |  |  | Percent of GAAP Rent as of 12/31/2014 |
2016 |  |  | 11 |  |  | $ | 14,312 |  |  |  | 3.9 | % |  |  | 5.1 | %
2017 |  |  | 19 |  |  |  | 26,134 |  |  |  | 7.1 | % |  |  | 5.6 | %
2018 |  |  | 31 |  |  |  | 24,936 |  |  |  | 6.7 | % |  |  | 7.1 | %
2019 |  |  | 20 |  |  |  | 29,459 |  |  |  | 8.0 | % |  |  | 8.3 | %
2020 |  |  | 16 |  |  |  | 22,760 |  |  |  | 6.2 | % |  |  | 7.8 | %
2021 |  |  | 13 |  |  |  | 22,828 |  |  |  | 6.2 | % |  |  | 5.9 | %
2022 |  |  | 8 |  |  |  | 12,840 |  |  |  | 3.5 | % |  |  | 3.5 | %
2023 |  |  | 7 |  |  |  | 14,104 |  |  |  | 3.8 | % |  |  | 4.8 | %
2024 |  |  | 8 |  |  |  | 12,243 |  |  |  | 3.3 | % |  |  | 3.6 | %
2025 |  |  | 20 |  |  |  | 33,495 |  |  |  | 9.1 | % |  |  | 10.4 | %
Thereafter |  |  | 65 |  |  |  | 156,952 |  |  |  | 42.4 | % |  |  | 35.0 | %
Total (1) |  |  | 218 |  |  | $ | 370,063 |  |  |  | 100.0 | % |  |  |  |

Footnotes

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

| 26 |

LEXINGTON REALTY TRUST

Lease Rollover Schedule - Consolidated Properties GAAP Basis

12/31/2015

($000)

Year |  | Number of Leases Expiring |  |  | GAAP Rent as of 12/31/2015 |  |  | Percent of GAAP Rent as of 12/31/2015 |
2016 |  |  | 45 |  |  | $ | 15,240 |  |  |  | 4.0 | %
2017 |  |  | 30 |  |  |  | 26,566 |  |  |  | 7.0 | %
2018 |  |  | 37 |  |  |  | 27,092 |  |  |  | 7.2 | %
2019 |  |  | 26 |  |  |  | 30,889 |  |  |  | 8.2 | %
2020 |  |  | 18 |  |  |  | 23,092 |  |  |  | 6.1 | %
2021 |  |  | 16 |  |  |  | 24,551 |  |  |  | 6.5 | %
2022 |  |  | 9 |  |  |  | 12,916 |  |  |  | 3.4 | %
2023 |  |  | 8 |  |  |  | 14,385 |  |  |  | 3.8 | %
2024 |  |  | 8 |  |  |  | 12,243 |  |  |  | 3.2 | %
2025 |  |  | 21 |  |  |  | 33,605 |  |  |  | 8.9 | %
Thereafter |  |  | 65 |  |  |  | 156,952 |  |  |  | 41.6 | %
Total (1) |  |  | 283 |  |  | $ | 377,531 |  |  |  | 100.0 | %

Footnotes

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

| 27 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 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 |  |  |  | 842 |  |  |  | 451 |  |  |  | 7,463 |  |  | 01/2016
|  | 4/30/2016 |  | 11511 Luna Rd. |  | Farmers Branch |  | TX |  | — |  | Haggar Clothing Co. (Texas Holding Clothing Corporation and Haggar Corp.) |  |  | 114,489 |  |  |  | 1,563 |  |  |  | 2,023 |  |  |  | 18,380 |  |  | 07/2016
|  | 5/31/2016 |  | 1200 Jupiter Rd. |  | Garland |  | TX |  | — |  | Raytheon Company |  |  | 278,759 |  |  |  | 1,506 |  |  |  | 1,731 |  |  |  | - |  |  | -
|  | 7/8/2016 |  | 1460 Tobias Gadsen Blvd. |  | Charleston |  | SC |  | 13 |  | Hagemeyer North America, Inc. |  |  | 50,076 |  |  |  | 860 |  |  |  | 1,395 |  |  |  | 7,185 |  |  | 02/2021
|  | 7/14/2016 |  | 1400 Northeast McWilliams Rd. |  | Bremerton |  | WA |  | — |  | Nextel West Corporation (Nextel Finance Company) |  |  | 60,200 |  |  |  | 1,215 |  |  |  | 1,215 |  |  |  | 5,534 |  |  | 04/2016
|  | 9/30/2016 |  | 2000 Eastman Dr. |  | Milford |  | OH |  | — |  | Siemens Corporation |  |  | 221,215 |  |  |  | 2,486 |  |  |  | 2,318 |  |  |  | - |  |  | -
|  | 10/31/2016 |  | 104 & 110 South Front St. |  | Memphis |  | TN |  | — |  | Hnedak Bobo Group, Inc. |  |  | 37,229 |  |  |  | 519 |  |  |  | 501 |  |  |  | 3,555 |  |  | 01/2017
2017 |  | 1/31/2017 |  | 10300 Kincaid Dr. |  | Fishers |  | IN |  | 16 |  | Roche Diagnostics Operations, Inc. |  |  | 193,000 |  |  |  | 3,530 |  |  |  | 4,410 |  |  |  | - |  |  | -
|  |  |  | 1311 Broadfield Blvd. |  | Houston |  | TX |  | 5 |  | Transocean Offshore Deepwater Drilling, Inc. (Transocean Sedco Forex, Inc.) |  |  | 155,040 |  |  |  | 2,636 |  |  |  | 2,657 |  |  |  | - |  |  | -
|  | 3/31/2017 |  | 1701 Market St. |  | Philadelphia |  | PA |  | — |  | Car-Tel Communications, Inc. |  |  | 1,220 |  |  |  | 56 |  |  |  | 56 |  |  |  | - |  |  | -
|  | 6/30/2017 |  | 10419 North 30th St. |  | Tampa |  | FL |  | 9 |  | Time Customer Service, Inc. (Time Incorporated) |  |  | 132,981 |  |  |  | 1,499 |  |  |  | 1,437 |  |  |  | - |  |  | -
|  | 9/30/2017 |  | 9201 East Dry Creek Rd. |  | Centennial |  | CO |  | — |  | Arrow Electronics, Inc. |  |  | 128,500 |  |  |  | 2,732 |  |  |  | 3,032 |  |  |  | - |  |  | -
|  | 10/31/2017 |  | 4455 American Way |  | Baton Rouge |  | LA |  | — |  | New Cingular Wireless PCS, LLC |  |  | 70,100 |  |  |  | 1,061 |  |  |  | 1,058 |  |  |  | - |  |  | -
|  |  |  | 5201 West Barraque St. |  | Pine Bluff |  | AR |  | — |  | Entergy Services, Inc. |  |  | 27,189 |  |  |  | 225 |  |  |  | 277 |  |  |  | - |  |  | -
|  | 11/30/2017 |  | 800 East Canal St. |  | Richmond |  | VA |  | — |  | CRG-Richmond Tenant, LLC |  |  | 51,450 |  |  |  | 64 |  |  |  | 64 |  |  |  | - |  |  | -
|  |  |  | 6200 Northwest Pkwy. |  | San Antonio |  | TX |  | — |  | United HealthCare Services, Inc. / PacifiCare Healthsystems, LLC |  |  | 142,500 |  |  |  | 1,971 |  |  |  | 1,866 |  |  |  | - |  |  | -
2018 |  | 1/31/2018 |  | 820 Gears Rd. |  | Houston |  | TX |  | — |  | Ricoh Americas Corporation |  |  | 78,895 |  |  |  | 1,062 |  |  |  | 1,154 |  |  |  | - |  |  | -
|  | 2/28/2018 |  | 850-950 Warrenville Rd. |  | Lisle |  | IL |  | — |  | Flexible Steel Lacing Company, d/b/a Flexco, Inc. |  |  | 7,535 |  |  |  | 116 |  |  |  | 116 |  |  |  | - |  |  | -
|  | 5/30/2018 |  | 13651 McLearen Rd. |  | Herndon |  | VA |  | — |  | United States of America |  |  | 159,644 |  |  |  | 3,589 |  |  |  | 3,402 |  |  |  | - |  |  | -
|  | 5/31/2018 |  | 8900 Freeport Pkwy. |  | Irving |  | TX |  | — |  | Pacific Union Financial, LLC. |  |  | 43,396 |  |  |  | 879 |  |  |  | 784 |  |  |  | - |  |  | -
|  | 6/30/2018 |  | 100 Barnes Rd. |  | Wallingford |  | CT |  | — |  | 3M Company |  |  | 44,400 |  |  |  | 502 |  |  |  | 507 |  |  |  | - |  |  | -
|  |  |  | 420 Riverport Rd. |  | Kingsport |  | TN |  | — |  | Kingsport Power Company |  |  | 42,770 |  |  |  | 310 |  |  |  | 128 |  |  |  | - |  |  | -
|  | 8/31/2018 |  | 2706 Media Center Dr. |  | Los Angeles |  | CA |  | — |  | Sony Electronics Inc. |  |  | 20,203 |  |  |  | 214 |  |  |  | 214 |  |  |  | - |  |  | -
|  |  |  | 3500 North Loop Rd. |  | McDonough |  | GA |  | — |  | Litton Loan Servicing LP |  |  | 62,218 |  |  |  | 1,309 |  |  |  | 928 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 1701 Market St. |  | Philadelphia |  | PA |  | — |  | CBC Restaurant Corp. |  |  | 8,070 |  |  |  | 224 |  |  |  | 211 |  |  |  | - |  |  | -
|  | 10/31/2018 |  | 3943 Denny Ave. |  | Pascagoula |  | MS |  | — |  | Huntington Ingalls Incorporated |  |  | 94,841 |  |  |  | 593 |  |  |  | 593 |  |  |  | - |  |  | -
|  | 12/22/2018 |  | 5200 Metcalf Ave. |  | Overland Park |  | KS |  | — |  | Swiss Re America Holding Corporation / Westport Insurance Corporation |  |  | 320,198 |  |  |  | 5,122 |  |  |  | 5,154 |  |  |  | 34,134 |  |  | 05/2019
|  | 12/31/2018 |  | 2550 Interstate Dr. |  | Harrisburg |  | PA |  | — |  | AT&T Services, Inc. |  |  | 61,766 |  |  |  | 1,171 |  |  |  | 1,265 |  |  |  | - |  |  | -
2019 |  | 1/31/2019 |  | 2999 Southwest 6th St. |  | Redmond |  | OR |  | — |  | VoiceStream PCS I, LLC / T-Mobile West Corporation (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 1,658 |  |  |  | 1,469 |  |  |  | - |  |  | -
|  | 4/1/2019 |  | 9201 Stateline Rd. |  | Kansas City |  | MO |  | — |  | Swiss Re America Holding Corporation / Westport Insurance Corporation |  |  | 155,925 |  |  |  | 2,390 |  |  |  | 2,390 |  |  |  | 16,271 |  |  | 05/2019
|  | 6/19/2019 |  | 3965 Airways Blvd. |  | Memphis |  | TN |  | — |  | Federal Express Corporation |  |  | 521,286 |  |  |  | 6,974 |  |  |  | 7,013 |  |  |  | - |  |  | -
|  | 6/30/2019 |  | 3265 East Goldstone Dr. |  | Meridian |  | ID |  | — |  | VoiceStream PCS Holding, LLC / T-Mobile PCS Holdings, LLC (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 1,409 |  |  |  | 1,105 |  |  |  | 9,322 |  |  | 08/2019
|  | 7/15/2019 |  | 19019 North 59th Ave. |  | Glendale |  | AZ |  | — |  | Honeywell International Inc. |  |  | 252,300 |  |  |  | 1,878 |  |  |  | 1,902 |  |  |  | - |  |  | -
|  | 7/31/2019 |  | 500 Jackson St. |  | Columbus |  | IN |  | — |  | Cummins, Inc. |  |  | 390,100 |  |  |  | 4,661 |  |  |  | 4,540 |  |  |  | 20,986 |  |  | 07/2019
|  | 10/31/2019 |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  | — |  | John Wiley & Sons, Inc. |  |  | 123,416 |  |  |  | 2,257 |  |  |  | 2,269 |  |  |  | - |  |  | -
|  |  |  | 9601 Renner Blvd. |  | Lenexa |  | KS |  | — |  | VoiceStream PCS II Corporation (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 1,434 |  |  |  | 1,142 |  |  |  | 9,463 |  |  | 12/2019
|  | 12/31/2019 |  | 400 Butler Farm Rd. |  | Hampton |  | VA |  | — |  | Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company) |  |  | 100,632 |  |  |  | 986 |  |  |  | 1,006 |  |  |  | - |  |  | -
|  |  |  | 850-950 Warrenville Rd. |  | Lisle |  | IL |  | — |  | National-Louis University / James J. Benes & Associates, Inc. |  |  | 91,879 |  |  |  | 1,549 |  |  |  | 1,566 |  |  |  | 9,449 |  |  | 06/2016
2020 |  | 2/14/2020 |  | 5600 Broken Sound Blvd. |  | Boca Raton |  | FL |  | — |  | Canon Solutions America, Inc. (Oce - USA Holding, Inc.) |  |  | 143,290 |  |  |  | 2,325 |  |  |  | 2,244 |  |  |  | 19,624 |  |  | 02/2020
|  | 5/31/2020 |  | 2401 Cherahala Blvd. |  | Knoxville |  | TN |  | — |  | AdvancePCS, Inc. / CaremarkPCS, L.L.C. |  |  | 59,748 |  |  |  | 740 |  |  |  | 773 |  |  |  | - |  |  | -
|  | 6/30/2020 |  | 3711 San Gabriel |  | Mission |  | TX |  | — |  | VoiceStream PCS II Corporation / T-Mobile West Corporation |  |  | 75,016 |  |  |  | 994 |  |  |  | 900 |  |  |  | - |  |  | -
|  | 7/31/2020 |  | 13775 McLearen Rd. |  | Herndon |  | VA |  | 12 |  | Orange Business Services U.S., Inc. (Equant N.V.) |  |  | 132,677 |  |  |  | 1,722 |  |  |  | 1,729 |  |  |  | - |  |  | -
|  | 8/31/2020 |  | 133 First Park Dr. |  | Oakland |  | ME |  | — |  | Omnipoint Holdings, Inc. (T-Mobile USA, Inc.) |  |  | 78,610 |  |  |  | 1,425 |  |  |  | 1,147 |  |  |  | 8,850 |  |  | 10/2020
|  | 9/30/2020 |  | 600 Business Center Dr. |  | Lake Mary |  | FL |  | — |  | JPMorgan Chase Bank, National Association |  |  | 125,155 |  |  |  | 1,637 |  |  |  | 1,757 |  |  |  | - |  |  | -
|  |  |  | 9200 South Park Center Loop |  | Orlando |  | FL |  | — |  | Zenith Education Group, Inc. (ECMC Group, Inc.) |  |  | 59,927 |  |  |  | 1,128 |  |  |  | 1,136 |  |  |  | 9,471 |  |  | 02/2017
|  |  |  | 550 International Parkway |  | Lake Mary |  | FL |  | — |  | JPMorgan Chase Bank, National Association |  |  | 125,920 |  |  |  | 1,647 |  |  |  | 1,762 |  |  |  | - |  |  | -
|  | 10/31/2020 |  | 12209 West Markham St. |  | Little Rock |  | AR |  | — |  | Entergy Arkansas, Inc. |  |  | 36,311 |  |  |  | 237 |  |  |  | 237 |  |  |  | - |  |  | -

| 28 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | 2550 Interstate Dr. |  | Harrisburg |  | PA |  | — |  | AXA Equitable Life Insurance Company |  |  | 2,417 |  |  |  | 37 |  |  |  | 159 |  |  |  | - |  |  | -
2021 |  | 1/31/2021 |  | 1600 Eberhardt Rd. |  | Temple |  | TX |  | — |  | Nextel of Texas, Inc. (Nextel Finance Company) |  |  | 54,117 |  |  |  | 833 |  |  |  | 447 |  |  |  | - |  |  | -
|  |  |  | 1701 Market St. |  | Philadelphia |  | PA |  | — |  | Morgan, Lewis & Bockius LLP |  |  | 289,432 |  |  |  | 4,287 |  |  |  | 4,298 |  |  |  | - |  |  | -
|  | 4/30/2021 |  | 11511 Luna Rd. |  | Farmers Branch |  | TX |  | 11 |  | International Business Machines Corporation |  |  | 66,018 |  |  |  | 902 |  |  |  | 1,166 |  |  |  | - |  |  | -
|  | 6/30/2021 |  | 1415 Wyckoff Rd. |  | Wall |  | NJ |  | — |  | New Jersey Natural Gas Company |  |  | 157,511 |  |  |  | 3,543 |  |  |  | 3,543 |  |  |  | 17,536 |  |  | 01/2021
|  | 8/31/2021 |  | 333 Three D Systems Circle |  | Rock Hill |  | SC |  | — |  | 3D Systems Corporation |  |  | 80,028 |  |  |  | 669 |  |  |  | 688 |  |  |  | - |  |  | -
|  | 9/30/2021 |  | 2050 Roanoke Rd. |  | Westlake |  | TX |  | 18 |  | TD Auto Finance LLC / Charles Schwab & Co, Inc. |  |  | 130,199 |  |  |  | 1,696 |  |  |  | 1,725 |  |  |  | - |  |  | -
|  | 11/30/2021 |  | 29 South Jefferson Rd. |  | Whippany |  | NJ |  | — |  | CAE SimuFlite, Inc. (CAE INC.) |  |  | 123,734 |  |  |  | 2,498 |  |  |  | 2,327 |  |  |  | 13,700 |  |  | 11/2021
|  | 12/31/2021 |  | 2800 Waterford Lake Dr. |  | Midlothian |  | VA |  | — |  | Alstom Power, Inc. |  |  | 99,057 |  |  |  | 2,206 |  |  |  | 2,184 |  |  |  | - |  |  | -
2022 |  | 1/31/2022 |  | 26210 and 26220 Enterprise Court |  | Lake Forest |  | CA |  | — |  | Apria Healthcare, Inc. (Apria Healthcare Group, Inc.) |  |  | 100,012 |  |  |  | 1,333 |  |  |  | 1,199 |  |  |  | - |  |  | -
|  | 4/30/2022 |  | 4400 Northcorp Pkwy. |  | Palm Beach Gardens |  | FL |  | — |  | The Weiss Group, LLC |  |  | 18,500 |  |  |  | 246 |  |  |  | 246 |  |  |  | - |  |  | -
|  | 6/30/2022 |  | 8555 South River Pkwy. |  | Tempe |  | AZ |  | — |  | DA Nanomaterials L.L.C./ Air Products and Chemicals, Inc. |  |  | 95,133 |  |  |  | 1,606 |  |  |  | 1,707 |  |  |  | - |  |  | -
|  | 7/31/2022 |  | 1440 E 15th Street |  | Tucson |  | AZ |  | — |  | CoxCom, LLC |  |  | 28,591 |  |  |  | 517 |  |  |  | 517 |  |  |  | - |  |  | -
|  | 11/30/2022 |  | 4201 Marsh Ln. |  | Carrollton |  | TX |  | — |  | Carlson Restaurants Inc. (Carlson, Inc.) |  |  | 130,000 |  |  |  | 2,030 |  |  |  | 1,866 |  |  |  | - |  |  | -
|  | 12/31/2022 |  | 147 Milk St. |  | Boston |  | MA |  | — |  | Atrius Health, Inc. |  |  | 52,337 |  |  |  | 1,701 |  |  |  | 1,661 |  |  |  | 12,302 |  |  | 12/2018
|  |  |  | 231 N. Martingale Rd. |  | Schaumburg |  | IL |  | — |  | CEC Educational Services, LLC (Career Education Corporation) |  |  | 317,198 |  |  |  | 4,312 |  |  |  | 4,305 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 1315 West Century Dr. |  | Louisville |  | CO |  | — |  | Rogue Wave Software, Inc. |  |  | 20,000 |  |  |  | 4 |  |  |  | 26 |  |  |  | - |  |  | -
|  |  |  | 2211 South 47th St. |  | Phoenix |  | AZ |  | 23 |  | Avnet, Inc. |  |  | 176,402 |  |  |  | 2,203 |  |  |  | 2,697 |  |  |  | - |  |  | -
|  | 3/31/2023 |  | 8900 Freeport Pkwy. |  | Irving |  | TX |  | — |  | Nissan Motor Acceptance Corporation (Nissan North America, Inc.) |  |  | 225,049 |  |  |  | 3,603 |  |  |  | 3,425 |  |  |  | - |  |  | -
|  | 12/14/2023 |  | 3333 Coyote Hill Rd. |  | Palo Alto |  | CA |  | — |  | Xerox Corporation |  |  | 202,000 |  |  |  | 7,070 |  |  |  | 6,642 |  |  |  | 48,512 |  |  | 12/2023
2024 |  | 2/14/2024 |  | 1362 Celebration Blvd. |  | Florence |  | SC |  | — |  | MED3000, Inc. |  |  | 32,000 |  |  |  | 543 |  |  |  | 573 |  |  |  | - |  |  | -
|  | 5/31/2024 |  | 3476 Stateview Blvd. |  | Fort Mill |  | SC |  | — |  | Wells Fargo Bank, N.A. |  |  | 169,083 |  |  |  | 1,804 |  |  |  | 1,948 |  |  |  | - |  |  | -
|  |  |  | 3480 Stateview Blvd. |  | Fort Mill |  | SC |  | — |  | Wells Fargo Bank, N.A. |  |  | 169,218 |  |  |  | 1,805 |  |  |  | 2,026 |  |  |  | - |  |  | -
|  | 8/31/2024 |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  | — |  | RGN-Indianapolis I, LLC |  |  | 14,236 |  |  |  | 288 |  |  |  | 287 |  |  |  | - |  |  | -
|  | 10/31/2024 |  | 1409 Centerpoint Blvd. |  | Knoxville |  | TN |  | — |  | Alstom Power, Inc. |  |  | 84,404 |  |  |  | 1,106 |  |  |  | 1,255 |  |  |  | - |  |  | -
|  | 12/31/2024 |  | 12000 & 12025 Tech Center Dr. |  | Livonia |  | MI |  | — |  | Kelsey-Hayes Company (TRW Automotive Inc.) |  |  | 180,230 |  |  |  | 1,574 |  |  |  | 1,691 |  |  |  | - |  |  | -
2025 |  | 1/31/2025 |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Triumph Aerostructures, LLC (Triumph Group, Inc.) |  |  | 111,409 |  |  |  | 1,649 |  |  |  | 1,618 |  |  |  | - |  |  | -
|  | 2/28/2025 |  | 6555 Sierra Dr. |  | Irving |  | TX |  | — |  | TXU Energy Retail Company, LLC (Texas Competitive Electric Holdings Company, LLC) |  |  | 247,254 |  |  |  | 3,000 |  |  |  | 2,825 |  |  |  | - |  |  | -
|  |  |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Cyient, Inc. (Infotech Enterprise Limited) |  |  | 13,590 |  |  |  | 173 |  |  |  | 166 |  |  |  | - |  |  | -
|  | 3/14/2025 |  | 601 & 701 Experian Pkwy. |  | Allen |  | TX |  | — |  | Experian Information Solutions, Inc. / TRW, Inc.(Experian Holdings, Inc.) |  |  | 292,700 |  |  |  | 3,073 |  |  |  | 2,966 |  |  |  | - |  |  | -
|  | 3/31/2025 |  | 2706 Media Center Dr. |  | Los Angeles |  | CA |  | — |  | Bank of America, National Association |  |  | 62,323 |  |  |  | - |  |  |  | 910 |  |  |  | - |  |  | -
|  | 5/31/2025 |  | 1701 Market St. |  | Philadelphia |  | PA |  | — |  | TruMark Financial Credit Union |  |  | 2,641 |  |  |  | 139 |  |  |  | 139 |  |  |  | - |  |  | -
|  | 6/30/2025 |  | 2500 Patrick Henry Pkwy. |  | McDonough |  | GA |  | — |  | Georgia Power Company |  |  | 111,911 |  |  |  | 1,306 |  |  |  | 1,328 |  |  |  | - |  |  | -
|  | 9/30/2025 |  | 10001 Richmond Ave. |  | Houston |  | TX |  | 11 |  | Schlumberger Holdings Corp. |  |  | 554,385 |  |  |  | 7,406 |  |  |  | 7,030 |  |  |  | - |  |  | -
|  | 11/30/2025 |  | 11707 Miracle Hills Dr. |  | Omaha |  | NE |  | — |  | Infocrossing, Inc. |  |  | 85,200 |  |  |  | 1,167 |  |  |  | 1,167 |  |  |  | 7,608 |  |  | 04/2016
|  |  |  | 2550 Interstate Dr. |  | Harrisburg |  | PA |  | — |  | Crump Life Insurance Services Inc. |  |  | 23,535 |  |  |  | 8 |  |  |  | 8 |  |  |  | - |  |  | -
|  | 12/31/2025 |  | 2005 East Technology Cir. |  | Tempe |  | AZ |  | — |  | Infocrossing, Inc. |  |  | 60,000 |  |  |  | 1,128 |  |  |  | 1,128 |  |  |  | 7,185 |  |  | 04/2016
|  |  |  | 4001 International Pkwy. |  | Carrollton |  | TX |  | — |  | Motel 6 Operating, LP |  |  | 138,443 |  |  |  | 2,068 |  |  |  | 2,226 |  |  |  | - |  |  | -
2026 |  | 3/31/2026 |  | 500 Olde Worthington Rd. |  | Westerville |  | OH |  | — |  | InVentiv Communications, Inc. |  |  | 97,000 |  |  |  | 836 |  |  |  | 1,219 |  |  |  | - |  |  | -
|  | 4/30/2026 |  | 800 East Canal St. |  | Richmond |  | VA |  | — |  | Richmond Belly Ventures, LLC (David Duke, Lauren Duke, Terrence Kee, Cara Kee and John Bokel) |  |  | 2,568 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  | 11/30/2026 |  | 500 Kinetic Dr. |  | Huntington |  | WV |  | — |  | AMZN WVCS LLC (Amazon.com, Inc.) |  |  | 68,693 |  |  |  | 1,070 |  |  |  | 1,268 |  |  |  | 6,500 |  |  | 02/2017
|  | 12/29/2026 |  | 5500 New Albany Rd. |  | Columbus |  | OH |  | — |  | Evans, Mechwart, Hambleton & Tilton, Inc. |  |  | 104,807 |  |  |  | 1,613 |  |  |  | 1,737 |  |  |  | - |  |  | -
2027 |  | 4/30/2027 |  | 1315 West Century Dr. |  | Louisville |  | CO |  | — |  | Global Healthcare Exchange, Inc. (Global Healthcare Exchange, LLC) |  |  | 86,877 |  |  |  | 1,153 |  |  |  | 1,321 |  |  |  | - |  |  | -
|  | 6/30/2027 |  | 3902 Gene Field Rd |  | St. Joseph |  | MO |  | — |  | Boehringer Ingelheim Vetmedica, Inc. (Boehringer Ingelheim USA Corporation) |  |  | 98,849 |  |  |  | 1,803 |  |  |  | 1,993 |  |  |  | - |  |  | -
|  | 7/6/2027 |  | 2221 Schrock Rd. |  | Columbus |  | OH |  | — |  | MS Consultants, Inc. |  |  | 42,290 |  |  |  | 589 |  |  |  | 641 |  |  |  | - |  |  | -
|  | 8/7/2027 |  | 25 Lakeview Dr. |  | Jessup |  | PA |  | — |  | TMG Health, Inc. |  |  | 150,000 |  |  |  | 2,004 |  |  |  | 2,501 |  |  |  | - |  |  | -

| 29 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 10/31/2027 |  | 11201 Renner Blvd. |  | Lenexa |  | KS |  | — |  | United States of America |  |  | 169,585 |  |  |  | 4,353 |  |  |  | 6,102 |  |  |  | 36,666 |  |  | 11/2027
|  | 11/30/2027 |  | 1700 Millrace Dr. |  | Eugene |  | OR |  | 10 |  | Oregon Research Institute / Educational Policy Improvement Center |  |  | 80,011 |  |  |  | 1,681 |  |  |  | 2,079 |  |  |  | - |  |  | -
|  | 12/31/2027 |  | 333 Mt. Hope Ave. |  | Rockaway |  | NJ |  | — |  | Atlantic Health System, Inc. |  |  | 92,326 |  |  |  | 329 |  |  |  | 1,156 |  |  |  | - |  |  | -
2028 |  | 4/30/2028 |  | 9655 Maroon Circle |  | Englewood |  | CO |  | — |  | TriZetto Corporation |  |  | 166,912 |  |  |  | 3,495 |  |  |  | 3,843 |  |  |  | - |  |  | -
2029 |  | 1/31/2029 |  | 6226 West Sahara Ave. |  | Las Vegas |  | NV |  | — |  | Nevada Power Company |  |  | 282,000 |  |  |  | 3,089 |  |  |  | 4,253 |  |  |  | - |  |  | -
|  | 3/31/2029 |  | 2800 High Meadow Circle |  | Auburn Hills |  | MI |  | — |  | Faurecia USA Holdings, Inc. |  |  | 278,000 |  |  |  | 2,513 |  |  |  | 2,870 |  |  |  | - |  |  | -
2030 |  | 7/31/2030 |  | 3940 South Teller St. |  | Lakewood |  | CO |  | 11 |  | Addenbrooke Classical Academy |  |  | 68,165 |  |  |  | 406 |  |  |  | 664 |  |  |  | - |  |  | -
|  | 8/31/2030 |  | 800 East Canal St. |  | Richmond |  | VA |  | — |  | McGuireWoods LLP |  |  | 224,537 |  |  |  | 524 |  |  |  | 580 |  |  |  | - |  |  | -
|  | 9/30/2030 |  | 810 Gears Rd. |  | Houston |  | TX |  | — |  | United States of America |  |  | 68,985 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 800 East Canal St. |  | Richmond |  | VA |  | — |  | CCA Industries, Inc. (The Riverstone Group, LLC), |  |  | 25,707 |  |  |  | 35 |  |  |  | 56 |  |  |  | - |  |  | -
|  |  |  | 800 East Canal St. |  | Richmond |  | VA |  | — |  | Towne Bank |  |  | 26,047 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
2032 |  | 10/31/2032 |  | 143 Diamond Avenue |  | Parachute |  | CO |  | — |  | Encana Oil and Gas (USA) Inc. (Alenco Inc.) |  |  | 49,024 |  |  |  | 1,029 |  |  |  | 1,284 |  |  |  | - |  |  | -
|  | 12/31/2032 |  | 3030 North 3rd St. |  | Phoenix |  | AZ |  | — |  | CopperPoint Mutual Insurance Company |  |  | 252,400 |  |  |  | 4,017 |  |  |  | 4,951 |  |  |  | - |  |  | -
2033 |  | 11/30/2033 |  | 1331 Capitol Ave. |  | Omaha |  | NE |  | — |  | The Gavilon Group, LLC |  |  | 127,810 |  |  |  | 2,830 |  |  |  | 3,311 |  |  |  | - |  |  | -
|  | 12/31/2033 |  | 3000 Busch Lake Blvd. |  | Tampa |  | FL |  | — |  | BluePearl Holdings, LLC |  |  | 17,000 |  |  |  | 489 |  |  |  | 489 |  |  |  | - |  |  | -
|  |  |  | 2910 Busch Lake Blvd. |  | Tampa |  | FL |  | — |  | BluePearl Holdings, LLC |  |  | 2,500 |  |  |  | 55 |  |  |  | 55 |  |  |  | - |  |  | -
|  |  |  | 2950 Busch Lake Blvd. |  | Tampa |  | FL |  | — |  | BluePearl Holdings, LLC |  |  | 8,000 |  |  |  | 155 |  |  |  | 155 |  |  |  | - |  |  | -
|  |  |  | 19311 SH 249 |  | Houston |  | TX |  | — |  | BluePearl Holdings, LLC |  |  | 12,622 |  |  |  | 219 |  |  |  | 219 |  |  |  | - |  |  | -
2039 |  | 3/31/2039 |  | 854 Paragon Way |  | Rock Hill |  | SC |  | — |  | Physicians Choice Laboratory Services, LLC |  |  | 104,497 |  |  |  | 1,898 |  |  |  | 2,339 |  |  |  | - |  |  | -
2088 |  | 7/8/2088 |  | 800 East Canal St. |  | Richmond |  | VA |  | — |  | The City of Richmond, Virginia |  |  | - |  |  |  | 33 |  |  |  | 33 |  |  |  | - |  |  | -
N/A |  | N/A |  | 1701 Market St. |  | Philadelphia |  | PA |  | — |  | Parking Operations |  |  | - |  |  |  | 2,545 |  |  |  | 2,545 |  |  |  | - |  |  | -
|  | Vacancy |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  | — |  | (Available for Lease) |  |  | 3,764 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 1701 Market St. |  | Philadelphia |  | PA |  | — |  | (Available for Lease) |  |  | 2,674 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 810 Gears Rd. |  | Houston |  | TX |  | — |  | (Available for Lease) |  |  | 9,910 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | (Available for Lease) |  |  | 36,809 |  |  |  | 46 |  |  |  | 46 |  |  |  | - |  |  | -
OFFICE TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 99.6% Leased |  |  | 12,847,877 |  |  | $ | 183,249 |  |  | $ | 192,863 |  |  | $ | 329,696 |  |  |

| 30 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
INDUSTRIAL PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | 5/31/2016 |  | 291 Park Center Dr. |  | Winchester |  | VA |  | 7 |  | Kraft Foods Group, Inc. |  |  | 344,700 |  |  |  | 1,295 |  |  |  | 1,289 |  |  |  | - |  |  | -
|  | 7/31/2016 |  | 7111 Crabb Rd. |  | Temperance |  | MI |  | — |  | Michelin North America, Inc. |  |  | 744,570 |  |  |  | 2,286 |  |  |  | 2,286 |  |  |  | - |  |  | -
|  | 12/31/2016 |  | 2935 Van Vactor Dr. |  | Plymouth |  | IN |  | — |  | Bay Valley Foods, LLC |  |  | 300,500 |  |  |  | 834 |  |  |  | 801 |  |  |  | 5,807 |  |  | 09/2016
|  |  |  | 3686 South Central Ave. |  | Rockford |  | IL |  | 24 |  | Pierce Packaging Co. |  |  | 93,000 |  |  |  | 302 |  |  |  | 302 |  |  |  | - |  |  | -
2017 |  | 2/28/2017 |  | 3456 Meyers Ave. |  | Memphis |  | TN |  | — |  | Sears, Roebuck and Co. / Sears Logistics Services |  |  | 780,000 |  |  |  | 1,592 |  |  |  | 1,694 |  |  |  | - |  |  | -
|  | 4/30/2017 |  | 3600 Army Post Rd. |  | Des Moines |  | IA |  | — |  | HP Enterprise Services, LLC |  |  | 405,000 |  |  |  | 2,616 |  |  |  | 2,052 |  |  |  | - |  |  | -
|  | 5/31/2017 |  | 191 Arrowhead Dr. |  | Hebron |  | OH |  | — |  | Owens Corning Insulating Systems, LLC |  |  | 250,410 |  |  |  | 554 |  |  |  | 554 |  |  |  | - |  |  | -
|  |  |  | 200 Arrowhead Dr. |  | Hebron |  | OH |  | — |  | Owens Corning Insulating Systems, LLC |  |  | 400,522 |  |  |  | 886 |  |  |  | 884 |  |  |  | - |  |  | -
|  | 6/30/2017 |  | 7500 Chavenelle Rd. |  | Dubuque |  | IA |  | — |  | The McGraw-Hill Companies, Inc. |  |  | 330,988 |  |  |  | 1,286 |  |  |  | 1,164 |  |  |  | 9,055 |  |  | 06/2017
|  | 9/30/2017 |  | 250 Swathmore Ave. |  | High Point |  | NC |  | — |  | Steelcase Inc. |  |  | 244,851 |  |  |  | 1,134 |  |  |  | 1,087 |  |  |  | - |  |  | -
|  | 10/31/2017 |  | 43955 Plymouth Oaks Blvd. |  | Plymouth |  | MI |  | — |  | Tower Automotive Operations USA I, LLC / Tower Automotive Products Inc. (Tower Automotive, Inc.) |  |  | 290,133 |  |  |  | 1,378 |  |  |  | 1,474 |  |  |  | - |  |  | -
|  | 12/31/2017 |  | 2203 Sherrill Dr. |  | Statesville |  | NC |  | — |  | Ozburn-Hessey Logistics, LLC (OHH Acquisition Corporation) |  |  | 639,800 |  |  |  | 2,029 |  |  |  | 1,916 |  |  |  | - |  |  | -
2018 |  | 6/30/2018 |  | 1133 Poplar Creek Rd. |  | Henderson |  | NC |  | — |  | Staples, Inc. |  |  | 196,946 |  |  |  | 825 |  |  |  | 815 |  |  |  | - |  |  | -
|  |  |  | 1650-1654 Williams Rd. |  | Columbus |  | OH |  | — |  | ODW Logistics, Inc. |  |  | 772,450 |  |  |  | 1,347 |  |  |  | 1,342 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 50 Tyger River Dr. |  | Duncan |  | SC |  | — |  | Plastic Omnium Auto Exteriors, LLC |  |  | 221,833 |  |  |  | 1,025 |  |  |  | 1,025 |  |  |  | - |  |  | -
|  |  |  | 904 Industrial Rd. |  | Marshall |  | MI |  | — |  | Tenneco Automotive Operating Company, Inc. (Tenneco, Inc.) |  |  | 246,508 |  |  |  | 841 |  |  |  | 698 |  |  |  | - |  |  | -
|  | 12/31/2018 |  | 120 Southeast Pkwy. Dr. |  | Franklin |  | TN |  | — |  | Essex Group, Inc. (United Technologies Corporation) |  |  | 289,330 |  |  |  | 735 |  |  |  | 735 |  |  |  | - |  |  | -
|  |  |  | 749 Southrock Dr. |  | Rockford |  | IL |  | — |  | Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson Transportation Company, Inc.) |  |  | 150,000 |  |  |  | 476 |  |  |  | 485 |  |  |  | - |  |  | -
2019 |  | 10/17/2019 |  | 10345 Philipp Pkwy. |  | Streetsboro |  | OH |  | — |  | L'Oreal USA S/D, Inc. (L’Oreal USA, Inc.) |  |  | 649,250 |  |  |  | 2,817 |  |  |  | 2,611 |  |  |  | 17,626 |  |  | 09/2019
|  | 12/31/2019 |  | 2415 US Hwy. 78 East |  | Moody |  | AL |  | — |  | Michelin North America, Inc. |  |  | 595,346 |  |  |  | 1,366 |  |  |  | 1,408 |  |  |  | - |  |  | -
2020 |  | 1/31/2020 |  | 101 Michelin Dr. |  | Laurens |  | SC |  | — |  | Michelin North America, Inc. |  |  | 1,164,000 |  |  |  | 3,387 |  |  |  | 3,387 |  |  |  | - |  |  | -
|  | 3/31/2020 |  | 2425 Hwy. 77 North |  | Waxahachie |  | TX |  | — |  | James Hardie Building Products, Inc. (James Hardie NV & James Hardie Industries NV) |  |  | 335,610 |  |  |  | 3,400 |  |  |  | 3,400 |  |  |  | - |  |  | -
|  | 5/31/2020 |  | 359 Gateway Dr. |  | Lavonia |  | GA |  | — |  | TI Group Automotive Systems, LLC (TI Automotive Ltd.) |  |  | 133,221 |  |  |  | 1,200 |  |  |  | 952 |  |  |  | 7,676 |  |  | 12/2020
|  | 6/30/2020 |  | 3102 Queen Palm Dr. |  | Tampa |  | FL |  | — |  | Time Customer Service, Inc. (Time Incorporated) |  |  | 229,605 |  |  |  | 1,413 |  |  |  | 1,276 |  |  |  | - |  |  | -
|  | 9/30/2020 |  | 3350 Miac Cove Rd. |  | Memphis |  | TN |  | — |  | Mimeo.com, Inc. |  |  | 107,400 |  |  |  | 438 |  |  |  | 409 |  |  |  | - |  |  | -
|  | 12/19/2020 |  | 1901 Ragu Dr. |  | Owensboro |  | KY |  | 6 |  | Unilever Supply Chain, Inc. (Unilever United States, Inc.) |  |  | 443,380 |  |  |  | 1,196 |  |  |  | 1,492 |  |  |  | - |  |  | -
2021 |  | 3/31/2021 |  | 2455 Premier Dr. |  | Orlando |  | FL |  | — |  | Walgreen Co. / Walgreen Eastern Co. |  |  | 205,016 |  |  |  | 508 |  |  |  | 786 |  |  |  | - |  |  | -
|  | 5/31/2021 |  | 477 Distribution Pkwy. |  | Collierville |  | TN |  | — |  | Federal Express Corporation / FedEx Techconnect, Inc. |  |  | 126,213 |  |  |  | 825 |  |  |  | 749 |  |  |  | - |  |  | -
|  | 9/30/2021 |  | 3820 Micro Dr. |  | Millington |  | TN |  | — |  | Ingram Micro L.P. (Ingram Micro Inc.) |  |  | 701,819 |  |  |  | 1,691 |  |  |  | 1,812 |  |  |  | - |  |  | -
|  | 10/25/2021 |  | 6938 Elm Valley Dr. |  | Kalamazoo |  | MI |  | — |  | Dana Commercial Vehicle Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 150,945 |  |  |  | 2,027 |  |  |  | 1,747 |  |  |  | - |  |  | -
|  | 11/30/2021 |  | 2880 Kenny Biggs Rd. |  | Lumberton |  | NC |  | — |  | Quickie Manufacturing Corporation |  |  | 423,280 |  |  |  | 1,374 |  |  |  | 1,356 |  |  |  | - |  |  | -
2022 |  | 3/31/2022 |  | 5417 Campus Dr. |  | Shreveport |  | LA |  | — |  | The Tire Rack, Inc. |  |  | 257,849 |  |  |  | 1,276 |  |  |  | 1,339 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 7670 Hacks Cross Rd. |  | Olive Branch |  | MS |  | — |  | MAHLE Aftermarket Inc. (MAHLE Industries, Incorporated) |  |  | 268,104 |  |  |  | 954 |  |  |  | 853 |  |  |  | - |  |  | -
|  | 12/31/2023 |  | 1601 Pratt Ave. |  | Marshall |  | MI |  | — |  | Autocam Corporation |  |  | 58,707 |  |  |  | 305 |  |  |  | 305 |  |  |  | - |  |  | -
2024 |  | 4/30/2024 |  | 113 Wells St. |  | North Berwick |  | ME |  | — |  | United Technologies Corporation |  |  | 993,685 |  |  |  | 1,992 |  |  |  | 1,827 |  |  |  | 4,810 |  |  | 04/2019
|  | 5/31/2024 |  | 901 East Bingen Point Way |  | Bingen |  | WA |  | — |  | The Boeing Company |  |  | 124,539 |  |  |  | 2,516 |  |  |  | 2,636 |  |  |  | - |  |  | -
2025 |  | 6/30/2025 |  | 10000 Business Blvd. |  | Dry Ridge |  | KY |  | — |  | Dana Light Axle Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 336,350 |  |  |  | 1,346 |  |  |  | 1,346 |  |  |  | - |  |  | -
|  |  |  | 301 Bill Bryan Rd. |  | Hopkinsville |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 424,904 |  |  |  | 1,687 |  |  |  | 1,687 |  |  |  | - |  |  | -
|  |  |  | 4010 Airpark Dr. |  | Owensboro |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 211,598 |  |  |  | 1,208 |  |  |  | 1,208 |  |  |  | - |  |  | -
|  |  |  | 730 North Black Branch Rd. |  | Elizabethtown |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 167,770 |  |  |  | 537 |  |  |  | 537 |  |  |  | - |  |  | -
|  |  |  | 750 North Black Branch Rd. |  | Elizabethtown |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 539,592 |  |  |  | 2,838 |  |  |  | 2,838 |  |  |  | - |  |  | -
|  | 7/14/2025 |  | 590 Ecology Ln. |  | Chester |  | SC |  | — |  | Boral Stone Products LLC (Boral Limited) |  |  | 420,597 |  |  |  | 2,240 |  |  |  | 1,646 |  |  |  | 8,738 |  |  | 08/2025
|  | 7/31/2025 |  | 7005 Cochran Rd. |  | Glenwillow |  | OH |  | — |  | Royal Appliance Mfg. Co. |  |  | 458,000 |  |  |  | 2,065 |  |  |  | 2,172 |  |  |  | 15,326 |  |  | 09/2016
|  | 12/31/2025 |  | 1700 47th Ave North |  | Minneapolis |  | MN |  | — |  | Owens Corning Roofing and Asphalt, LLC |  |  | 18,620 |  |  |  | 550 |  |  |  | 550 |  |  |  | - |  |  | -
2026 |  | 3/30/2026 |  | 121 Technology Dr. |  | Durham |  | NH |  | 15 |  | Heidelberg Americas, Inc. (Heidelberger Druckmaschinen AG) / Goss International Americas, Inc. (Goss International Corporation) |  |  | 500,500 |  |  |  | 2,480 |  |  |  | 2,537 |  |  |  | - |  |  | -
|  | 3/31/2026 |  | 633 Garrett Pkwy. |  | Lewisburg |  | TN |  | — |  | Calsonic Kansei North America, Inc. |  |  | 310,000 |  |  |  | 1,206 |  |  |  | 1,299 |  |  |  | - |  |  | -
|  | 6/30/2026 |  | 351 Chamber Dr. |  | Chillicothe |  | OH |  | — |  | The Kitchen Collection, Inc. |  |  | 475,218 |  |  |  | 1,075 |  |  |  | 1,159 |  |  |  | - |  |  | -

| 31 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
INDUSTRIAL PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 9/30/2026 |  | 900 Industrial Blvd. |  | Crossville |  | TN |  | — |  | Dana Commercial Vehicle Products, LLC |  |  | 222,200 |  |  |  | 578 |  |  |  | 578 |  |  |  | - |  |  | -
|  | 10/31/2026 |  | 5001 Greenwood Rd. |  | Shreveport |  | LA |  | — |  | Libbey Glass Inc. (Libbey Inc.) |  |  | 646,000 |  |  |  | 2,113 |  |  |  | 2,165 |  |  |  | 19,000 |  |  | 07/2017
|  | 11/30/2026 |  | 250 Rittenhouse Cir. |  | Bristol |  | PA |  | — |  | Northtec LLC (The Estée Lauder Companies Inc.) |  |  | 241,977 |  |  |  | 1,092 |  |  |  | 1,146 |  |  |  | - |  |  | -
|  |  |  | 736 Addison Rd. |  | Erwin |  | NY |  | — |  | Corning Property Management Corporation |  |  | 408,000 |  |  |  | 1,320 |  |  |  | 1,284 |  |  |  | 7,887 |  |  | 10/2018
2027 |  | 2/28/2027 |  | 554 Nissan Parkway |  | Canton |  | MS |  | — |  | Nissan North America, Inc. |  |  | 1,466,000 |  |  |  | 4,292 |  |  |  | 4,667 |  |  |  | - |  |  | -
|  | 4/30/2027 |  | 2424 Alpine Rd. |  | Eau Claire |  | WI |  | 20 |  | Silver Spring Foods, Inc. (Huntsinger Farms, Inc.) |  |  | 159,000 |  |  |  | 1,070 |  |  |  | 1,002 |  |  |  | - |  |  | -
|  | 12/31/2027 |  | 10590 Hamilton Ave. |  | Cincinnati |  | OH |  | — |  | The Hillman Group, Inc. |  |  | 264,598 |  |  |  | 781 |  |  |  | 813 |  |  |  | - |  |  | -
2028 |  | 3/31/2028 |  | 29-01-Borden Ave./29-10 Hunters Point Ave. |  | Long Island City |  | NY |  | — |  | FedEx Ground Package System, Inc. (FedEx Corporation) |  |  | 140,330 |  |  |  | 4,770 |  |  |  | 5,135 |  |  |  | 49,144 |  |  | 03/2028
|  | 8/31/2028 |  | 1420 Greenwood Rd. |  | McDonough |  | GA |  | 19 |  | Americold Logistics, LLC / United States Cold Storage, Inc |  |  | 296,972 |  |  |  | 2,721 |  |  |  | 2,541 |  |  |  | 22,224 |  |  | 11/2017
2029 |  | 11/24/2029 |  | 318 Pappy Dunn Blvd. |  | Anniston |  | AL |  | — |  | International Automotive Components Group North America, Inc. |  |  | 276,782 |  |  |  | 1,574 |  |  |  | 1,740 |  |  |  | - |  |  | -
2030 |  | 3/31/2030 |  | 549 Wingo Rd. |  | Byhalia |  | MS |  | — |  | Asics America Corporation (Asics Corporation) |  |  | 855,878 |  |  |  | 3,600 |  |  |  | 4,045 |  |  |  | 15,000 |  |  | 06/2016
|  | 5/31/2030 |  | 3301 Stagecoach Rd. NE |  | Thomson |  | GA |  | — |  | Hollander Sleep Products, LLC (Hollander Home Fashions Holdings) |  |  | 208,000 |  |  |  | 550 |  |  |  | 610 |  |  |  | - |  |  | -
2031 |  | 5/31/2031 |  | 671 Washburn Switch Rd. |  | Shelby |  | NC |  | — |  | Clearwater Paper Corporation |  |  | 673,518 |  |  |  | 2,297 |  |  |  | 2,601 |  |  |  | - |  |  | -
2033 |  | 10/31/2033 |  | 1001 Innovation Road |  | Rantoul |  | IL |  | — |  | Easton-Bell Sports, Inc. |  |  | 813,126 |  |  |  | 3,487 |  |  |  | 4,146 |  |  |  | - |  |  | -
2034 |  | 9/30/2034 |  | 5625 North Sloan Ln. |  | North Las Vegas |  | NV |  | — |  | Nicholas and Co., Inc. |  |  | 180,235 |  |  |  | 2,151 |  |  |  | 2,557 |  |  |  | - |  |  | -
2035 |  | 3/31/2035 |  | 7007 F.M. 362 |  | Brookshire |  | TX |  | — |  | Orizon Industries, Inc. (Spitzer Industries, Inc.) |  |  | 262,095 |  |  |  | 1,201 |  |  |  | 1,458 |  |  |  | - |  |  | -
|  |  |  | 13863 Industrial Road |  | Houston |  | TX |  | — |  | Curtis Kelly, Inc. (Spitzer Industries, Inc.) |  |  | 187,800 |  |  |  | 1,531 |  |  |  | 1,859 |  |  |  | - |  |  | -
|  | 6/30/2035 |  | 111 West Oakview Pkwy. |  | Oak Creek |  | WI |  | — |  | Stella & Chewy's, LLC |  |  | 164,007 |  |  |  | 837 |  |  |  | 942 |  |  |  | - |  |  | -
|  | 8/31/2035 |  | 2800 Polar Way |  | Richland |  | WA |  | 21 |  | Preferred Freezer Services of Richland LLC (Preferred Freezer Services, LLC & Preferred Freezer Services Operating, LLC) |  |  | 456,412 |  |  |  | 1,559 |  |  |  | 1,897 |  |  |  | 110,000 |  |  | 01/2026
N/A |  | Vacancy |  | 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 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
INDUSTRIAL TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 99.6% Leased |  |  | 25,561,136 |  |  | $ | 105,032 |  |  | $ | 107,263 |  |  | $ | 292,293 |  |  |

| 32 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
LAND AND INFRASTRUCTURE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2029 |  | 1/31/2029 |  | 175 Holt Garrison Pkwy. |  | Danville |  | VA |  | — |  |  | Home Depot USA, Inc. |  |  | - |  |  |  | 260 |  |  |  | 216 |  |  |  | - |  |  | -
2032 |  | 4/30/2032 |  | 13930 Pike Rd. |  | Missouri City |  | TX |  | — |  |  | Vulcan Construction Materials, LP (Vulcan Materials Company) |  |  | - |  |  |  | 1,843 |  |  |  | 2,123 |  |  |  | - |  |  | -
2038 |  | 3/31/2038 |  | 13901/14035 Industrial Rd. |  | Houston |  | TX |  | — |  |  | Industrial Terminals Management, L.L.C. (Maritime Holdings (Delaware) LLC) |  |  | 132,449 |  |  |  | 5,473 |  |  |  | 6,773 |  |  |  | - |  |  | -
2048 |  | 12/31/2048 |  | 30 Light St |  | Baltimore |  | MD |  | — |  |  | 30 Charm City, LLC |  |  | - |  |  |  | 120 |  |  |  | 120 |  |  |  | - |  |  | -
2055 |  | 1/31/2055 |  | 499 Derbyshire Drive |  | Venice |  | FL |  | — |  |  | Littlestone Brotherhood LLC |  |  | 31,180 |  |  |  | 1,196 |  |  |  | 1,805 |  |  |  | - |  |  | -
2112 |  | 8/31/2112 |  | 201-215 N. Charles St. |  | Baltimore |  | MD |  | — |  |  | 201 NC Leasehold LLC |  |  | - |  |  |  | 23 |  |  |  | 23 |  |  |  | - |  |  | -
|  | 10/31/2112 |  | 350 and 370-372 Canal St. |  | New York |  | NY |  | — |  |  | FC-Canal Ground Tenant LLC |  |  | - |  |  |  | 4,946 |  |  |  | 14,890 |  |  |  | 69,265 |  |  | 01/2027
|  |  |  | 309-313 West 39th St. |  | New York |  | NY |  | 17 |  |  | SM Ascott LLC |  |  | - |  |  |  | 5,771 |  |  |  | 17,373 |  |  |  | 80,818 |  |  | 01/2027
|  |  |  | 8-12 Stone St. |  | New York |  | NY |  | — |  |  | AL-Stone Ground Tenant LLC |  |  | - |  |  |  | 4,514 |  |  |  | 13,590 |  |  |  | 63,218 |  |  | 01/2027
2113 |  | 10/31/2113 |  | 15 West 45th St. |  | New York |  | NY |  | — |  |  | ZE-45 Ground Tenant LLC |  |  | - |  |  |  | 1,505 |  |  |  | 4,621 |  |  |  | 29,193 |  |  | 01/2025
LAND AND INFRASTRUCTURE TOTAL/WEIGHTED AVERAGE |  |  |  |  | 100.0% Leased |  |  | 163,629 |  |  | $ | 25,651 |  |  | $ | 61,534 |  |  | $ | 242,494 |  |  |

| 33 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant |  | Sq.Ft. |  |  | Percentage Leased |  |  | Cash Rent as of 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
MULTI-TENANT PROPERTIES (8,14) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Various |  | Various |  | 13430 North Black Canyon Fwy. |  | Phoenix |  | AZ |  | — |  | Multi-Tenant |  |  | 138,940 |  |  |  | 92 | % |  |  | 2,392 |  |  |  | 2,368 |  |  |  | - |  |  | -
|  |  |  | 1501 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Multi-Tenant |  |  | 74,739 |  |  |  | 0 | % |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 2210 Enterprise Dr. |  | Florence |  | SC |  | — |  | Caliber Funding, LLC |  |  | 176,557 |  |  |  | 28 | % |  |  | 787 |  |  |  | 746 |  |  |  | - |  |  | -
|  |  |  | 26555 Northwestern Pkwy. |  | Southfield |  | MI |  | 11 |  | Multi-Tenant |  |  | 359,645 |  |  |  | 0 | % |  |  | 97 |  |  |  | 216 |  |  |  | - |  |  | -
|  |  |  | 275 Technology Dr. |  | Canonsburg |  | PA |  | — |  | Multi-Tenant |  |  | 107,872 |  |  |  | 0 | % |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | 33 Commercial St. |  | Foxborough |  | MA |  | 11 |  | Multi-Tenant |  |  | 160,719 |  |  |  | 5 | % |  |  | 3,797 |  |  |  | 3,797 |  |  |  | - |  |  | -
|  |  |  | 3165 McKelvey Rd. |  | Bridgeton |  | MO |  | — |  | BJC Health System |  |  | 51,067 |  |  |  | 50 | % |  |  | 434 |  |  |  | 403 |  |  |  | - |  |  | -
|  |  |  | 4200 Northcorp Pkwy. |  | Palm Beach Gardens |  | FL |  | — |  | Multi-Tenant |  |  | 95,065 |  |  |  | 100 | % |  |  | 1,212 |  |  |  | 1,231 |  |  |  | - |  |  | -
|  |  |  | 6050 Dana Way |  | Antioch |  | TN |  | — |  | Multi-Tenant |  |  | 674,528 |  |  |  | 98 | % |  |  | 1,947 |  |  |  | 1,930 |  |  |  | - |  |  | -
|  |  |  | 700 US Hwy. Route 202-206 |  | Bridgewater |  | NJ |  | — |  | Multi-Tenant |  |  | 115,558 |  |  |  | 0 | % |  |  | 0 |  |  |  | 0 |  |  |  | 14,118 |  |  | 03/2016
|  |  |  | 700 Oakmont Ln. |  | Westmont |  | IL |  | — |  | Multi-Tenant |  |  | 269,715 |  |  |  | 0 | % |  |  | 0 |  |  |  | 0 |  |  |  | - |  |  | -
|  |  |  | King St./1042 Fort St. Mall |  | Honolulu |  | HI |  | — |  | Multi-Tenant |  |  | 77,459 |  |  |  | 63 | % |  |  | 759 |  |  |  | 759 |  |  |  | - |  |  | -
MULTI-TENANT TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 44.1% Leased |  |  | 2,301,864 |  |  |  |  |  |  | $ | 11,425 |  |  | $ | 11,450 |  |  | $ | 14,118 |  |  |

| 34 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 12/31/2015

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 12/31/2015 ($000) (2) |  |  | GAAP Rent as of 12/31/2015 ($000) (3) |  |  | 12/31/2015 Debt Balance ($000) |  |  | Debt Maturity
RETAIL/SPECIALTY PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 6/30/2017 |  | 1600 East 23rd St. |  | Chattanooga |  | TN |  | — |  | BI-LO, LLC / K-VA-T Food Stores, Inc. |  |  | 42,130 |  |  |  | 129 |  |  |  | 128 |  |  |  | - |  |  | -
|  | 12/31/2017 |  | 11411 North Kelly Ave. |  | Oklahoma City |  | OK |  | — |  | American Golf Corporation |  |  | 13,924 |  |  |  | 475 |  |  |  | 324 |  |  |  | - |  |  | -
2018 |  | 2/26/2018 |  | 4831 Whipple Ave., Northwest |  | Canton |  | OH |  | — |  | Best Buy Co., Inc. |  |  | 46,350 |  |  |  | 465 |  |  |  | 465 |  |  |  | - |  |  | -
|  | 2/28/2018 |  | 291 Talbert Blvd. |  | Lexington |  | NC |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 23,000 |  |  |  | 138 |  |  |  | 138 |  |  |  | - |  |  | -
|  |  |  | 2411 West Beverly St. |  | Staunton |  | VA |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 23,000 |  |  |  | 166 |  |  |  | 166 |  |  |  | - |  |  | -
|  | 7/1/2018 |  | 1053 Mineral Springs Rd. |  | Paris |  | TN |  | — |  | The Kroger Co. |  |  | 31,170 |  |  |  | 159 |  |  |  | 169 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 835 Julian Ave. |  | Thomasville |  | NC |  | — |  | Mighty Dollar, LLC |  |  | 23,767 |  |  |  | 79 |  |  |  | 79 |  |  |  | - |  |  | -
|  | 10/31/2018 |  | 130 Midland Ave. |  | Port Chester |  | NY |  | — |  | St. Anthony Supermarket Corp (Anthony Pena, Marina Pena, Anthony Corona, Robert Corona) |  |  | 59,613 |  |  |  | 458 |  |  |  | 975 |  |  |  | - |  |  | -
|  |  |  | 5104 North Franklin Rd. |  | Lawrence |  | IN |  | — |  | Marsh Supermarkets, Inc. / Marsh Supermarkets, LLC |  |  | 28,721 |  |  |  | 193 |  |  |  | 193 |  |  |  | - |  |  | -
|  | 12/31/2018 |  | 1150 West Carl Sandburg Dr. |  | Galesburg |  | IL |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 94,970 |  |  |  | 216 |  |  |  | 329 |  |  |  | 468 |  |  | 07/2018
|  |  |  | 12080 Carmel Mountain Rd. |  | San Diego |  | CA |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 107,210 |  |  |  | 245 |  |  |  | 751 |  |  |  | 532 |  |  | 07/2018
|  |  |  | 21082 Pioneer Plaza Dr. |  | Watertown |  | NY |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 120,727 |  |  |  | 362 |  |  |  | 482 |  |  |  | 785 |  |  | 07/2018
|  |  |  | 255 Northgate Dr. |  | Manteca |  | CA |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 107,489 |  |  |  | 385 |  |  |  | 555 |  |  |  | 834 |  |  | 07/2018
|  |  |  | 5350 Leavitt Rd. |  | Lorain |  | OH |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 193,193 |  |  |  | 545 |  |  |  | 731 |  |  |  | 1,181 |  |  | 07/2018
|  |  |  | 97 Seneca Trail |  | Fairlea |  | WV |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 90,933 |  |  |  | 254 |  |  |  | 347 |  |  |  | 551 |  |  | 07/2018
2019 |  | 3/31/2019 |  | B.E.C. 45th St./Lee Blvd. |  | Lawton |  | OK |  | — |  | Associated Wholesale Grocers, Inc. / Safeway, Inc. |  |  | 30,757 |  |  |  | 185 |  |  |  | 189 |  |  |  | - |  |  | -
|  | 12/31/2019 |  | 1066 Main St. |  | Forest Park |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 14,859 |  |  |  | 200 |  |  |  | 200 |  |  |  | - |  |  | -
|  |  |  | 1698 Mountain Industrial Blvd. |  | Stone Mountain |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 5,704 |  |  |  | 95 |  |  |  | 95 |  |  |  | - |  |  | -
|  |  |  | 201 West Main St. |  | Cumming |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 14,208 |  |  |  | 198 |  |  |  | 198 |  |  |  | - |  |  | -
|  |  |  | 2223 North Druid Hills Rd. |  | Atlanta |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 6,260 |  |  |  | 112 |  |  |  | 112 |  |  |  | - |  |  | -
|  |  |  | 4545 Chamblee – Dunwoody Rd. |  | Dunwoody |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 4,565 |  |  |  | 88 |  |  |  | 88 |  |  |  | - |  |  | -
|  |  |  | 825 Southway Dr. |  | Jonesboro |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 4,894 |  |  |  | 77 |  |  |  | 77 |  |  |  | - |  |  | -
|  |  |  | 956 Ponce de Leon Ave. |  | Atlanta |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 3,900 |  |  |  | 79 |  |  |  | 79 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 733 East Main St. |  | Jefferson |  | NC |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 34,555 |  |  |  | 160 |  |  |  | 156 |  |  |  | - |  |  | -
2026 |  | 5/31/2026 |  | 6910 South Memorial Hwy. |  | Tulsa |  | OK |  | — |  | Toys “R” Us, Inc. / Toys "R" Us-Delaware, Inc. |  |  | 43,123 |  |  |  | 255 |  |  |  | 255 |  |  |  | - |  |  | -
|  | 8/31/2026 |  | 25500 State Hwy. 249 |  | Tomball |  | TX |  | 22 |  | Parkway Chevrolet, Inc. (Jean W. Durdin) |  |  | 77,076 |  |  |  | 1,445 |  |  |  | 1,404 |  |  |  | 8,373 |  |  | 11/2016
2028 |  | 8/31/2028 |  | 9803 Edmonds Way |  | Edmonds |  | WA |  | — |  | Pudget Consumers Co-op d/b/a PCC Natural Markets |  |  | 35,459 |  |  |  | 646 |  |  |  | 646 |  |  |  | - |  |  | -
|  | 11/30/2028 |  | 832 N. Westover Blvd . |  | Albany |  | GA |  | — |  | Gander Mountain Company |  |  | 45,554 |  |  |  | 628 |  |  |  | 693 |  |  |  | - |  |  | -
2043 |  | 2/28/2043 |  | 1237 W. Sherman Avenue |  | Vineland |  | NJ |  | — |  | HealthSouth Rehabilitation Hospital of South Jersey, LLC (HealthSouth Corporation) |  |  | 39,287 |  |  |  | 1,120 |  |  |  | 1,120 |  |  |  | - |  |  | -
N/A |  | Vacancy |  | 1084 East Second St. |  | Franklin |  | OH |  | 11 |  | (Available for Lease) |  |  | 29,119 |  |  |  | - |  |  |  | 735 |  |  |  | - |  |  | -
RETAIL/SPECIALTY TOTAL/WEIGHTED AVERAGE |  |  |  |  |  | 97.9% Leased |  |  | 1,395,517 |  |  | $ | 9,557 |  |  | $ | 11,879 |  |  | $ | 12,724 |  |  |
TOTAL CONSOLIDATED PORTFOLIO/WEIGHTED AVERAGE |  |  |  |  |  |  |  | 96.5% Leased (4) |  |  | 42,270,023 |  |  | $ | 334,914 |  |  | $ | 384,989 |  |  | $ | 891,325 |  |  |

Footnotes

| 1 | Square foot leased or available.

| 2 | Twelve months ended 12/31/2015 cash rent.

| 3 | Twelve months ended 12/31/2015 GAAP rent.

| 4 | Consolidated portfolio is 96.8% leased, excluding property owned subject to a mortgage in default.

| 5 | Tenant terminated its lease effective 1/31/2017 for a cash payment of $3.5 million.

| 6 | Lexington has a 71.1% interest in this property.

| 7 | Subsequent to 12/31/2015, lease extended to 05/2021.

| 8 | Multi-tenant properties are properties less than 50% leased to a single tenant.

| 9 | Tenant terminated its lease effective 6/30/2017 for a cash payment of $0.4 million.

| 10 | 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.

| 11 | Cash and GAAP rent amounts represent/include prior tenant.

| 12 | 21,365 square feet is leased to 7/31/2025.

| 13 | Tenant terminated its lease effective 7/8/2016 for a cash payment of $1.5 million.

| 14 | The multi-tenanted properties incurred approximately $6.1 million in operating expenses, net for the twelve months ended 12/31/2015.

| 15 | Heidelberg Americas, Inc. lease expires 3/30/2021, however, new tenant (Goss International Americas, Inc.) lease expires 3/30/2026.

| 16 | 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 | Assignee of LG-39 Ground Tenant LLC.

| 18 | TD Auto Finance LLC lease rent terminated effective 2/29/2016 for a payment estimated to be $7.7 million to be paid by 4/30/2016. New lease with Charles Schwab & Co. Inc. estimated to commence 3/1/2016.

| 19 | Americold Logistics, LLC lease terminated effective 4/15/2016 for $1.0 million to be paid over an 18 month period. New lease with United States Cold Storage, Inc. commences 4/15/2016.

| 20 | Tenant exercised purchase option for $13.6 million. Property classified as held for sale.

| 21 | ConAgra Foods, Inc. provides credit support.

| 22 | Property classified as held for sale.

| 23 | Subsequent to 12/31/2015, lease extended to 08/2026.

| 24 | Subsequent to 12/31/2015, lease extended to 12/2019.

| 35 |

LEXINGTON REALTY TRUST
Select Credit Metrics Summary

|  | 2011 |  |  | 2012 |  |  | 2013 |  |  | 2014 |  |  | 2015 |
Company FFO Payout Ratio |  |  | 48.5 | % |  |  | 56.1 | % |  |  | 60.3 | % |  |  | 60.8 | % |  |  | 61.8 | %
Unencumbered Assets (1)(2) |  | $ | 1.15 billion |  |  | $ | 1.76 billion |  |  | $ | 2.59 billion |  |  | $ | 2.87 billion |  |  | $ | 3.30 billion |
Unencumbered NOI (1) |  |  | 25.9 | % |  |  | 34.5 | % |  |  | 55.3 | % |  |  | 59.9 | % |  |  | 69.2 | %
(Debt + Preferred) / Gross Assets |  |  | 48.7 | % |  |  | 46.6 | % |  |  | 43.0 | % |  |  | 44.0 | % |  |  | 45.9 | %
Debt/Gross Assets |  |  | 40.9 | % |  |  | 41.1 | % |  |  | 41.1 | % |  |  | 42.0 | % |  |  | 44.0 | %
Market Cap Leverage |  |  | 52.5 | % |  |  | 46.6 | % |  |  | 45.4 | % |  |  | 43.7 | % |  |  | 52.5 | %
Secured Debt / Gross Assets (1) |  |  | 31.9 | % |  |  | 30.9 | % |  |  | 23.9 | % |  |  | 19.0 | % |  |  | 17.7 | %
Net Debt / EBITDA (4) |  |  | 5.5 | x |  |  | 6.5 | x |  |  | 6.4 | x |  |  | 5.7 | x |  |  | 6.7 | x
(Net Debt + Preferred) / EBITDA (4) |  |  | 6.6 | x |  |  | 7.3 | x |  |  | 6.7 | x |  |  | 6.0 | x |  |  | 7.0 | x
Credit Facilities Availability (3) |  | $ | 294.3 million |  |  | $ | 296.3 million |  |  | $ | 443.4 million |  |  | $ | 385.4 million |  |  | $ | 223.0 million |
Development / Gross Assets |  |  | 0.9 | % |  |  | 1.6 | % |  |  | 1.6 | % |  |  | 2.4 | % |  |  | 2.1 | %
EBITDA / Revenue (4) |  |  | 77.0 | % |  |  | 76.5 | % |  |  | 74.4 | % |  |  | 71.8 | % |  |  | 71.8 | %
EBITDA / (PrefDiv + Interest Expense) (4) |  |  | 2.3 | x |  |  | 2.4 | x |  |  | 3.1 | x |  |  | 3.1 | x |  |  | 3.3 | x
(JV + Advisory Income or (loss)) / Revenues |  |  | 8.5 | % |  |  | 4.4 | % |  |  | 0.5 | % |  |  | 0.4 | % |  |  | 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.

| (4) | EBITDA is defined as GAAP net income (loss) adjusted for (i) interest expense, (ii) income tax expense (benefit), (iii) depreciation and amortization, (iv) gains and impairments relating to assets, (v) debt satisfaction charges (gains), (vi) the impact of straight-line rent on contractual lease terms, excluding tenant lease termination adjustments, (vii) above and below market lease amortization, (viii) non-cash charges and gains, (ix) minority interests, net, (x) equity in earnings of non-consolidated entities, and (xi) our share of EBITDA for non-consolidated entities calculated in the same manner.

| 36 |

LEXINGTON REALTY TRUST
FINANCIAL COVENANTS (1)
Corporate Level Debt

Bank Loans: |  | Must be: |  | 12/31/2015
Maximum Leverage |  | < 60% |  | 48.4%
Fixed Charge Coverage |  | > 1.5X |  | 2.6X
Recourse Secured Indebtedness Ratio |  | < 10% cap value |  | 0.0%
Secured Indebtedness Ratio |  | < 45% |  | 20.1%
Unsecured Debt Service Coverage |  | > 2.0X |  | 4.7X
Unencumbered Leverage |  | < 60% |  | 40.5%
Bonds: |  |  |  |
Debt to Total Assets |  | < 60% |  | 45.0%
Secured Debt to Total Assets |  | < 40% |  | 18.1%
Debt Service Coverage |  | > 1.5X |  | 4.0X
Unencumbered Assets to Unsecured Debt |  | > 150% |  | 263.5%

Footnotes

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

| 37 |

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

12/31/2015

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) (d) |  |  | Balloon Payment ($000) |
Mortgages with Balloons |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Temple, TX |  | (o) |  | $ | 7,463 |  |  |  | 6.090 | % |  | 01/2016 |  | $ | 22 |  |  | $ | 7,463 |
Bridgewater, NJ |  | (b) |  |  | 14,118 |  |  |  | 5.732 | % |  | 03/2016 |  |  | 1,443 |  |  |  | 14,118 |
Omaha, NE |  |  |  |  | 7,608 |  |  |  | 5.610 | % |  | 04/2016 |  |  | 192 |  |  |  | 7,560 |
Bremerton, WA |  |  |  |  | 5,534 |  |  |  | 6.090 | % |  | 04/2016 |  |  | 97 |  |  |  | 5,479 |
Tempe, AZ |  |  |  |  | 7,185 |  |  |  | 5.610 | % |  | 04/2016 |  |  | 181 |  |  |  | 7,140 |
Byhalia, MS |  | (j) |  |  | 15,000 |  |  |  | 4.710 | % |  | 06/2016 |  |  | 361 |  |  |  | 15,000 |
Lisle, IL |  |  |  |  | 9,449 |  |  |  | 6.500 | % |  | 06/2016 |  |  | 383 |  |  |  | 9,377 |
Farmers Branch, TX |  |  |  |  | 18,380 |  |  |  | 5.939 | % |  | 07/2016 |  |  | 663 |  |  |  | 18,363 |
Glenwillow, OH |  |  |  |  | 15,326 |  |  |  | 6.130 | % |  | 09/2016 |  |  | 907 |  |  |  | 15,132 |
Plymouth, IN |  |  |  |  | 5,807 |  |  |  | 6.315 | % |  | 09/2016 |  |  | 362 |  |  |  | 5,723 |
Tomball, TX |  |  |  |  | 8,373 |  |  |  | 6.063 | % |  | 11/2016 |  |  | 592 |  |  |  | 8,041 |
Memphis, TN |  |  |  |  | 3,555 |  |  |  | 5.710 | % |  | 01/2017 |  |  | 275 |  |  |  | 3,484 |
Huntington, WV |  |  |  |  | 6,500 |  |  |  | 4.150 | % |  | 02/2017 |  |  | 270 |  |  |  | 6,500 |
Orlando, FL |  |  |  |  | 9,471 |  |  |  | 5.722 | % |  | 02/2017 |  |  | 696 |  |  |  | 9,309 |
Dubuque, IA |  |  |  |  | 9,055 |  |  |  | 5.402 | % |  | 06/2017 |  |  | 733 |  |  |  | 8,727 |
Shreveport, LA |  |  |  |  | 19,000 |  |  |  | 5.690 | % |  | 07/2017 |  |  | 1,099 |  |  |  | 19,000 |
McDonough, GA |  |  |  |  | 22,224 |  |  |  | 6.110 | % |  | 11/2017 |  |  | 1,674 |  |  |  | 21,651 |
Erwin, NY |  |  |  |  | 7,887 |  |  |  | 5.910 | % |  | 10/2018 |  |  | 728 |  |  |  | 6,637 |
Boston, MA |  |  |  |  | 12,302 |  |  |  | 6.100 | % |  | 12/2018 |  |  | 996 |  |  |  | 11,520 |
Overland Park, KS |  |  |  |  | 34,134 |  |  |  | 5.891 | % |  | 05/2019 |  |  | 2,657 |  |  |  | 31,812 |
Kansas City, MO |  |  |  |  | 16,271 |  |  |  | 5.883 | % |  | 05/2019 |  |  | 1,268 |  |  |  | 15,179 |
Columbus, IN |  |  |  |  | 20,986 |  |  |  | 2.210 | % |  | 07/2019 |  |  | 4,757 |  |  |  | 4,993 |
Meridian, ID |  |  |  |  | 9,322 |  |  |  | 6.010 | % |  | 08/2019 |  |  | 753 |  |  |  | 7,675 |
Streetsboro, OH |  |  |  |  | 17,626 |  |  |  | 5.749 | % |  | 09/2019 |  |  | 1,344 |  |  |  | 16,338 |
Lenexa, KS |  |  |  |  | 9,463 |  |  |  | 6.270 | % |  | 12/2019 |  |  | 774 |  |  |  | 7,770 |
Boca Raton, FL |  |  |  |  | 19,624 |  |  |  | 6.470 | % |  | 02/2020 |  |  | 1,542 |  |  |  | 18,414 |
Oakland, ME |  |  |  |  | 8,850 |  |  |  | 5.930 | % |  | 10/2020 |  |  | 750 |  |  |  | 7,660 |
Lavonia, GA |  |  |  |  | 7,676 |  |  |  | 5.460 | % |  | 12/2020 |  |  | 741 |  |  |  | 5,895 |
Charleston, SC |  |  |  |  | 7,185 |  |  |  | 5.850 | % |  | 02/2021 |  |  | 520 |  |  |  | 6,632 |
Whippany, NJ |  |  |  |  | 13,700 |  |  |  | 6.298 | % |  | 11/2021 |  |  | 1,344 |  |  |  | 10,400 |
New York, NY |  |  |  |  | 29,193 |  |  |  | 4.100 | % |  | 01/2025 |  |  | 1,217 |  |  |  | 29,193 |
Chester, SC |  |  |  |  | 8,738 |  |  |  | 5.380 | % |  | 08/2025 |  |  | 1,144 |  |  |  | 362 |
Richland, WA |  |  |  |  | 110,000 |  |  |  | 4.000 | % |  | 01/2026 |  |  | 4,400 |  |  |  | 99,492 |
New York, NY |  | (e) |  |  | 213,301 |  |  |  | 4.660 | % |  | 01/2027 |  |  | 10,260 |  |  |  | 200,632 |
Lenexa, KS |  |  |  |  | 36,666 |  |  |  | 3.700 | % |  | 11/2027 |  |  | 3,026 |  |  |  | 10,000 |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 766,972 |  |  |  | 4.990 | % |  | 6.6 |  | $ | 48,171 |  |  | $ | 672,671 |

| 38 |

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

12/31/2015

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) (d) |  |  | Balloon Payment ($000) |
Full Amortizing Mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lorain, OH |  |  |  |  | 1,181 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 499 |  |  |  | - |
Manteca, CA |  |  |  |  | 834 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 353 |  |  |  | - |
Watertown, NY |  |  |  |  | 785 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 332 |  |  |  | - |
Fairlea, WV |  |  |  |  | 551 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 233 |  |  |  | - |
San Diego, CA |  |  |  |  | 532 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 225 |  |  |  | - |
Galesburg, IL |  |  |  |  | 468 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 198 |  |  |  | - |
North Berwick, ME |  |  |  |  | 4,810 |  |  |  | 3.560 | % |  | 04/2019 |  |  | 1,532 |  |  |  | - |
Wall, NJ |  |  |  |  | 17,536 |  |  |  | 6.250 | % |  | 01/2021 |  |  | 3,774 |  |  |  | - |
Palo Alto, CA |  |  |  |  | 48,512 |  |  |  | 3.970 | % |  | 12/2023 |  |  | 7,059 |  |  |  | - |
Long Island City, NY |  |  |  |  | 49,144 |  |  |  | 3.500 | % |  | 03/2028 |  |  | 4,538 |  |  |  | - |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 124,353 |  |  |  | 4.222 | % |  | 8.8 |  | $ | 18,743 |  |  | $ | - |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 891,325 |  |  |  | 4.883 | % |  | 6.9 |  | $ | 66,914 |  |  | $ | 672,671 |
Corporate (k) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility |  | (p) |  | $ | 177,000 |  |  |  | 1.260 | % |  | 08/2019 |  | $ | 2,261 |  |  | $ | 177,000 |
Term Loan |  | (m) |  |  | 250,000 |  |  |  | 2.192 | % |  | 08/2020 |  |  | 5,556 |  |  |  | 250,000 |
Term Loan |  | (n) |  |  | 255,000 |  |  |  | 2.523 | % |  | 01/2021 |  |  | 6,523 |  |  |  | 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) |  |  | 12,400 |  |  |  | 6.000 | % |  | 01/2030 |  |  | 744 |  |  |  | 12,400 |
Trust Preferred Notes |  | (g) |  |  | 129,120 |  |  |  | 6.804 | % |  | 04/2037 |  |  | 8,785 |  |  |  | 129,120 |
Subtotal/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 1,323,520 |  |  |  | 3.423 | % |  | 7.4 |  | $ | 45,494 |  |  | $ | 1,323,520 |
Total/Wtg. Avg./Years Remaining (l) |  |  |  | $ | 2,214,845 |  |  |  | 4.010 | % |  | 7.2 |  | $ | 112,408 |  |  | $ | 1,996,191 |

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 $220 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 $247 excluded from balance.

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

| (h) | Represents full payable of notes; discount of $1,806 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 12/31/2015.

| (k) | Unsecured.

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

| (m) | Rate ranges from LIBOR plus 0.90% to 1.75%. LIBOR rate fixed at 1.09% through February 2018 via interest rate swap agreements.

| (n) | Rate ranges from LIBOR plus 0.90% to 1.75%. LIBOR rate fixed at 1.42% through January 2019 via interest rate swap agreements.

| (o) | Subsequent to 12/31/2015, loan is in default.

| (p) | Rate ranges from LIBOR plus 0.85% and 1.55%.

| 39 |

LEXINGTON REALTY TRUST
Non- Consolidated Investments: Mortgages & Notes Payable
12/31/2015

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 |  | $ | 14,359 |  |  | $ | 2,154 |  |  |  | 4.700 | % |  | 05/2017 |  | $ | 950 |  |  | $ | 13,982 |  |  | $ | 2,097 |
Gan Palm Beach Lessee |  |  | 14,471 |  |  |  | 3,618 |  |  |  | 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) |  | $ | 47,621 |  |  | $ | 8,591 |  |  |  | 4.052 | % |  |  | 2.2 |  |  | $ | 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.

| 40 |

LEXINGTON REALTY TRUST
Debt Maturity Schedule
12/31/2015
($000)

Consolidated Properties
Year |  | Mortgage Scheduled Amortization |  |  | Mortgage Balloon Payments |  |  | Corporate Debt |
2016 |  | $ | 26,465 |  |  | $ | 113,396 |  |  | $ | - |
2017 |  |  | 26,834 |  |  |  | 68,671 |  |  |  | 12,400 |
2018 |  |  | 26,507 |  |  |  | 18,157 |  |  |  | - |
2019 |  |  | 22,580 |  |  |  | 83,767 |  |  |  | 177,000 |
2020 |  |  | 18,787 |  |  |  | 31,969 |  |  |  | 250,000 |
|  | $ | 121,173 |  |  | $ | 315,960 |  |  | $ | 439,400 |

Non-Consolidated Investments - LXP Proportionate Share |
Year |  | Mortgage Scheduled Amortization |  |  | Mortgage Balloon Payments |  |  |  |
2016 |  | $ | 118 |  |  | $ | - |  |  |  |  |
2017 |  |  | 94 |  |  |  | 2,097 |  |  |  |  |
2018 |  |  | 21 |  |  |  | 6,261 |  |  |  |  |
2019 |  |  | - |  |  |  | - |  |  |  |  |
2020 |  |  | - |  |  |  | - |  |  |  |  |
|  | $ | 233 |  |  | $ | 8,358 |  |  |  |  |

Footnotes

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

| 41 |

LEXINGTON REALTY TRUST
Mortgage Loans Receivable
12/31/2015

Collateral |  |  |  |  |  |  |  |  |  | Current |  |  |  |
|  | City |  | State |  | Loan Balance ($000)(1) |  |  | Interest Rate |  |  | Maturity Date |  | Estimated Annual Debt Service ($000)(2) |  |  | Balloon Payment ($000) |
Office |  | Oklahoma City (3) |  | OK |  | $ | 8,501 |  |  |  | 11.50 | % |  | 03/2016 |  | $ | 323 |  |  | $ | 8,420 |
Retail |  | Various |  | Various |  |  | 895 |  |  |  | 8.00 | % |  | 02/2021 |  |  | 219 |  |  |  | - |
|  | Various |  | Various |  |  | 418 |  |  |  | 8.00 | % |  | 12/2021 |  |  | 94 |  |  |  | - |
|  | Various |  | Various |  |  | 552 |  |  |  | 8.00 | % |  | 03/2022 |  |  | 112 |  |  |  | - |
Hospital |  | Kennewick |  | WA |  |  | 85,505 |  |  |  | 9.00 | % |  | 05/2022 |  |  | 7,438 |  |  |  | 87,245 |
|  | Total Mortgage Loans Receivable |  | $ | 95,871 |  |  |  |  |  |  |  |  | $ | 8,186 |  |  | $ | 95,665 |

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) | Short-term loan to joint venture partner.

| 42 |

LEXINGTON REALTY TRUST
Partnership Interests
Twelve months ended December 31, 2015
($000)

Noncontrolling Interest Properties - Partners' Proportionate Share (1) |  |  |
EBITDA |  | $ | 193 |
Interest expense |  | $ | 23 |
Depreciation and amortization |  | $ | 245 |
Non-Consolidated Net Leased Real Estate - Lexington's Share |  |  |  |
EBITDA |  | $ | 3,675 |
Interest expense |  | $ | 510 |

Footnotes

| (1) | Excludes OP unit noncontrolling interests.

| 43 |

LEXINGTON REALTY TRUST
Selected Balance Sheet and Income Statement Account Data
12/31/2015
($000)

Balance Sheet |  |  |
Other assets |  | $ | 18,505 |
The components of other assets are: |  |  |  |
Deposits |  | $ | 2,796 |
Equipment |  |  | 727 |
Prepaids |  |  | 890 |
Other receivables |  |  | 784 |
Deferred lease incentives |  |  | 13,120 |
Deferred tax asset |  |  | 59 |
Interest rate swap derivative asset |  |  | 4 |
Other |  |  | 125 |
Accounts payable and other liabilities |  |  |  |
The components of accounts payable and other liabilities are: |  | $ | 41,479 |
Accounts payable and accrued expenses |  | $ | 16,883 |
CIP accruals and other |  |  | 4,282 |
Taxes |  |  | 2,062 |
Deferred lease and loan costs |  |  | 4,904 |
Deposits |  |  | 1,192 |
Escrows |  |  | 1,091 |
Transaction / build-to-suit costs |  |  | 9,122 |
Interest rate swap derivative liability |  |  | 1,943 |
Income Statement - Twelve months ended December 31, 2015 |  |  |  |
Non-cash interest expense, net |  | $ | (1,371 | )

| 44 |

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

Heather Gentry |
Senior Vice President, Investor Relations
Telephone (direct) | (212) 692-7219
Facsimile (main) | (212) 594-6600
E-mail | hgentry@lxp.com

Research Coverage

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

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