EX-99.1 2 v446407_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

LEXINGTON REALTY TRUST

SUPPLEMENTAL REPORTING PACKAGE

June 30, 2016

Table of Contents

Section |  | Page
Second Quarter 2016 Earnings Press Release |  | 3
Portfolio Data |  |
2016 Second Quarter Investment/Capital Recycling Summary |  | 14
Build-To-Suit Projects |  | 15
2016 Second Quarter Financing Summary |  | 16
2016 Second Quarter Leasing Summary |  | 17
Other Revenue Data |  | 19
Portfolio Detail By Asset Class |  | 21
Portfolio Composition |  | 22
Components of Net Asset Value |  | 23
Top Markets |  | 24
Single-Tenant Office Markets |  | 25
Tenant Industry Diversification |  | 26
Top 10 Tenants or Guarantors |  | 27
Lease Rollover Schedules – GAAP Basis |  | 28
Property Leases and Vacancies – Consolidated Portfolio |  | 30
Select Credit Metrics Summary |  | 38
Financial Covenants |  | 39
Mortgages and Notes Payable |  | 40
Debt Maturity Schedule |  | 43
Mortgage Loans Receivable |  | 44
Selected Balance Sheet and Income Statement Account Data |  | 45
Non-GAAP Measures – Definitions |  | 46
Reconciliation of Non-GAAP Measures |  | 48
Investor Information |  | 52

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 estimates of net income attributable to common shareholders and Adjusted Company FFO available to all equityholders and unitholders – diluted 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 SECOND QUARTER 2016 RESULTS

New York, NY - Tuesday, August 9, 2016 - Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the second quarter ended June 30, 2016.

Second Quarter 2016 Highlights

| • | Generated Net Income attributable to common shareholders of $46.8 million, or $0.20 per diluted common share.

| • | Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (“Adjusted Company FFO”) of $71.8 million, or $0.29 per diluted common share.

| • | Disposed of six properties, including a land investment in New York City, for aggregate gross disposition proceeds of $107.2 million.

| • | Completed an industrial build-to-suit property with a cost of $61.3 million.

| • | Invested $39.5 million in on-going build-to-suit projects, including a recent commitment for a $37.0 million industrial build-to-suit project in Opelika, Alabama.

| • | Completed 1.4 million square feet of new leases and lease extensions with overall portfolio 96.2% leased at quarter end.

| • | Retired $80.0 million of secured debt and $24.5 million of unsecured borrowings.

Subsequent Events

| • | Obtained $197.2 million 20-year non-recourse financing, which bears interest at a 4.04% fixed rate and is secured by the build-to-suit project in Lake Jackson, Texas.

| • | Disposed of two properties for aggregate gross proceeds of $4.4 million.

| • | Converted the remaining $11.9 million original principal amount of 6.00% Convertible Guaranteed Notes for 1.9 million common shares.

Adjusted Company FFO is a non-GAAP financial measure and in the first quarter 2016 earnings release was referred to as Company FFO. It and certain other non-GAAP financial measures are defined and reconciled later in this press release.

T. Wilson Eglin, President and Chief Executive Officer of Lexington, commented “Our second quarter activity was strong, particularly in sales and leasing, with Adjusted Company FFO of $0.29 per share, representing a 7% increase year-over-year. Strong progress has been made on our sales program and to date, consolidated property dispositions total $171 million at a 5.9% weighted-average cap rate.”

“As we enter the second half of the year, we believe we are on target to complete our sales program of $600-$700 million at a better than expected cap rate range of 5.5%-6.25%, and by year end, reduce our net debt to adjusted EBITDA ratio while maintaining ample cash on the balance sheet. We expect that all of these factors should position us to further grow our portfolio and continue to improve the quality of our holdings and cash flow.”

| 3 |

FINANCIAL RESULTS

Revenues

For the quarter ended June 30, 2016, total gross revenues were $109.6 million, a 0.7% decrease compared with total gross revenues of $110.3 million for the quarter ended June 30, 2015. The decrease is primarily attributable to 2015 and 2016 property sales and lease expirations, substantially offset by revenue generated from property acquisitions and new leases signed.

Net Income Attributable to Common Shareholders

For the quarter ended June 30, 2016, net income attributable to common shareholders was $46.8 million, or $0.20 per diluted share, compared with net income attributable to common shareholders for the quarter ended June 30, 2015 of $47.7 million, or $0.20 per diluted share.

Adjusted Company FFO

For the quarter ended June 30, 2016, Lexington generated Adjusted Company FFO of $71.8 million, or $0.29 per diluted share, compared to Adjusted Company FFO for the quarter ended June 30, 2015 of $67.0 million, or $0.27 per diluted share.

Dividends/Distributions

Lexington declared a regular quarterly common share/unit dividend/distribution for the quarter ended June 30, 2016 of $0.17 per common share/unit, which was paid on July 15, 2016 to common shareholders/unitholders of record as of June 30, 2016. 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 November 15, 2016 to Series C Preferred Shareholders of record as of October 31, 2016.

OPERATING ACTIVITIES

During the quarter, Lexington acquired the following build-to-suit property:

ACQUISITIONS
Tenant (Guarantor) |  | Location |  | Property Type |  | Initial Basis ($000) |  |  | Initial Estimated Annualized GAAP Rent ($000) |  |  | Initial Estimated Annualized Cash Rent ($000) |  |  | Estimated GAAP Yield |  |  | Initial Estimated Cash Yield |  |  |  | Approximate Lease Term (Yrs) |
One World Technologies, Inc. (Techtronic Industries Co. Ltd.) |  | Anderson, SC |  | Industrial |  | $ | 61,347 |  |  | $ | 4,446 |  |  | $ | 3,660 |  |  |  | 7.2 | % |  |  | 6.0 | % |  |  | 20 |

| 4 |

During the quarter, Lexington funded $39.5 million of the projected costs of the following projects:

ON-GOING BUILD-TO-SUIT PROJECTS |  |  |  |  |  |
Location |  | Sq. Ft. |  |  | Property Type |  | Lease Term (Years) |  | Maximum Commitment/ Estimated Completion Cost ($000) |  |  | GAAP Investment Balance as of 6/30/2016 ($000) |  |  | Estimated Acquisition/ Completion Date |  | Estimated GAAP Yield |  |  | Estimated Initial Cash Yield |
Lake Jackson, TX |  |  | 664,000 |  |  | Office |  | 20 |  | $ | 166,164 |  |  | $ | 83,887 |  |  | 4Q 16 |  |  | 8.9 | % |  |  | 7.3 | %
Charlotte, NC |  |  | 201,000 |  |  | Office |  | 15 |  |  | 62,445 |  |  |  | 24,166 |  |  | 1Q 17 |  |  | 9.5 | % |  |  | 8.3 | %
Opelika, AL |  |  | 165,000 |  |  | Industrial |  | 25 |  |  | 37,000 |  |  |  | 710 |  |  | 2Q 17 |  |  | 9.0 | % |  |  | 7.1 | %
Houston, TX(1) |  |  | 274,000 |  |  | Retail/Specialty |  | 20 |  |  | 86,491 |  |  |  | 63,848 |  |  | 3Q 16 |  |  | 7.5 | % |  |  | 7.5 | %
|  |  | 1,304,000 |  |  |  |  |  |  | $ | 352,100 |  |  | $ | 172,611 |  |  |  |  |  |  |  |  |  |  |

| (1) | Lexington had a 25% interest as of June 30, 2016. Lexington is providing construction financing up to $56.7 million to the joint venture of which $33.9 million had been funded as of June 30, 2016. The related lease provides for annual CPI increases.

During the quarter, Lexington sold the following properties:

PROPERTY DISPOSITIONS (4)
Primary Tenant |  | Location |  | Property Type |  | Gross Sale Price ($000) |  |  | Annualized Net Income(1) ($000) |  |  | Annualized NOI(1) ($000) |  |  | Month of Disposition
ZE-45 Ground Tenant LLC |  | New York, NY |  | Land |  | $ | 37,500 |  |  | $ | 3,194 |  |  | $ | 1,525 |  |  | April
Apria Healthcare, Inc. |  | Lake Forest, CA |  | Office |  |  | 19,000 | (2) |  |  | 775 |  |  |  | 1,366 |  |  | May
Federal Express Corporation |  | Collierville, TN |  | Industrial |  |  | 7,740 |  |  |  | 294 |  |  |  | 817 |  |  | June
Atrius Health, Inc. |  | Boston, MA |  | Office |  |  | 33,250 |  |  |  | 370 |  |  |  | 1,700 |  |  | June
The McGraw-Hill Companies, Inc. |  | Dubuque, IA |  | Industrial |  |  | 8,575 | (3) |  |  | 326 |  |  |  | 1,260 |  |  | June
Vacant |  | Franklin, NC |  | Industrial |  |  | 1,100 |  |  |  | (158 | ) |  |  | (113 | ) |  | June
|  |  |  |  |  | $ | 107,165 |  |  | $ | 4,801 |  |  | $ | 6,555 |  |  |

| (1) | Quarterly period prior to sale annualized.

| (2) | A future rent credit of $1.7 million was credited to the buyer at closing.

| (3) | Excludes a $1.0 million lease termination payment from the tenant.

| (4) | In addition, Lexington sold certain land parcels for $1.0 million, which land parcels generated annualized net income and annualized NOI of $45 thousand.

| 5 |

LEASING

As of June 30, 2016, Lexington's overall portfolio was 96.2% leased, excluding properties subject to secured mortgage loans currently in default.

During the second quarter of 2016, Lexington executed the following new and extended leases:

|  | LEASE EXTENSIONS |  |  |  |  |
|  | Location |  | Primary Tenant(1) |  | Prior Term |  | Lease Expiration Date |  | Sq. Ft. |
|  | Office/Multi-Tenant |  |  |  |  |  |  |  |  |  |
1-8 |  | Honolulu | HI |  | N/A |  | 2016 |  | 2018 |  |  | 13,863 |
9 |  | Tampa | FL |  | Time Customer Service, Inc. / Time, Inc. |  | 06/2017 |  | 06/2026 |  |  | 132,981 |
9 |  | Total office lease extensions |  |  |  |  |  |  |  |  | 146,844 |
|  | Industrial/Multi-Tenant |  |  |  |  |  |  |  |  |  |
1 |  | Plymouth | MI |  | Tower Automotive Operations USA I, LLC |  | 10/2017 |  | 10/2024 |  |  | 290,133 |
2 |  | Rantoul | IL |  | Bell Sports, Inc. |  | 10/2033 |  | 10/2034 |  |  | 813,126 |
3 |  | Antioch | TN |  | Cimetra, LLC |  | 07/2016 |  | 08/2021 |  |  | 67,200 |
3 |  | Total industrial lease extensions |  |  |  |  |  |  |  |  | 1,170,459 |
12 |  | Total lease extensions |  |  |  |  |  |  |  |  | 1,317,303 |

|  | NEW LEASES |  |  |  |  |  |  |  |  |
|  | Location |  |  |  |  |  | Lease Expiration Date |  | Sq. Ft. |
|  | Industrial |  |  |  |  |  |  |  |  |  |
1 |  | Arlington | TX |  | Arrow Electronics, Inc. |  |  |  | 02/2027 |  |  | 74,739 |
1 |  | Total new industrial leases |  |  |  |  |  |  |  |  | 74,739 |
13 |  | TOTAL NEW AND EXTENDED LEASES |  |  |  |  |  |  |  |  | 1,392,042 |

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

BALANCE SHEET/CAPITAL MARKETS

During the second quarter of 2016, Lexington satisfied $80.0 million of secured debt with a weighted-average interest rate of 4.9%.

In April 2016, $0.5 million original principal amount of Lexington's 6.00% Convertible Guaranteed Notes due 2030 were satisfied for cash of $0.7 million, which reduced the aggregate outstanding balance of this note issuance to $11.9 million. Subsequent to June 30, 2016, the remaining $11.9 million outstanding was converted for 1,892,269 common shares.

Subsequent to June 30, 2016, Lexington obtained a $197.2 million 20-year non-recourse financing on its build-to-suit project in Lake Jackson, Texas. The loan bears interest at a fixed rate of 4.04% and matures in October 2036.

2016 EARNINGS GUIDANCE

Lexington estimates that its net income attributable to common shareholders per diluted common share for the year ended December 31, 2016 will be within an expected range of $0.52 to $0.61. Lexington is increasing its Adjusted Company FFO guidance for the year ended December 31, 2016 to an expected range of $1.07 to $1.10 per diluted common share from a range of $1.03 to $1.08 per diluted common share. This guidance is forward looking, excludes the impact of certain items and is based on current expectations.

| 6 |

SECOND QUARTER 2016 CONFERENCE CALL

Lexington will host a conference call today, Tuesday, August 9, 2016, at 8:30 a.m. Eastern Time, to discuss its results for the quarter ended June 30, 2016. Interested parties may participate in this conference call by dialing 888-317-6016 (U.S.), 412-317-6016 (International) or 855-669-9657 (Canada). A replay of the call will be available through November 9, 2016, at 877-344-7529 (U.S.), 412-317-0088 (International) or 855-669-9658 (Canada), pin code for all replay numbers is 10090297. 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 (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity and debt investments in single-tenant net-leased commercial properties and land across the United States. Lexington seeks to expand its portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions. For more information, including Lexington's Quarterly Earnings and Supplemental Operating and Financial Data information package, or to follow Lexington on social media, visit www.lxp.com.

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 estimates of net income attributable to common shareholders and Adjusted 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 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. The assets and credit of each special purpose entity with a property subject to a mortgage loan (a “property owner subsidiary”) are not available to creditors to satisfy the debt and other obligations of any other person, including any other special purpose entity or affiliate. Consolidated entities that are not property owner subsidiaries do not directly own any of the assets of a property owner subsidiary (or the general partner, member of managing member of such property owner subsidiary, but merely hold partnership, membership or beneficial interests therein which interests are subordinate to the claims of the property owner subsidiary's general partner's, member's or managing member's creditors).

| 7 |

Non-GAAP Financial Measures - Definitions

Lexington has used non-GAAP financial measures as defined by the Securities and Exchange Commission Regulation G in this Quarterly Earnings Release and in other public disclosures.

Lexington believes that the measures defined below are helpful to investors in measuring our performance or that of an individual investment. Since these measures exclude certain items which are included in their respective most comparable measures under generally accepted accounting principles (“GAAP”), reliance on the measures has limitations; management compensates for these limitations by using the measures simply as supplemental measures that are weighed in balance with other GAAP measures. These measures are not necessarily indications of our cash flow available to fund cash needs. Additionally, they should not be used as an alternative to the respective most comparable GAAP measures when evaluating Lexington's financial performance or cash flow from operating, investing or financing activities or liquidity.

Cash Rent: Cash Rent is calculated by making adjustments to GAAP rent to remove the impact of GAAP required adjustments to rental income such as adjustments for straight-line rents relating to free rent periods and contractual rent increases. Cash Rent excludes lease termination income. Lexington believes Cash Rent provides a meaningful indication of an investment's ability to fund cash needs.

Company Funds Available for Distribution (“FAD”): FAD is calculated by making adjustments to Adjusted Company FFO (see below) for (1) straight-line adjustments, (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 real estate investment trusts (“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.

Funds from Operations (“FFO”) and Adjusted Company FFO: Lexington believes that Funds from Operations, or FFO, which is a non-GAAP measure, 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, or 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 non-consolidated 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 and also presents FFO available to all equityholders 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 Adjusted Company FFO available to all equityholders and unitholders - diluted which adjusts FFO available to all equityholders and unitholders - diluted for certain items which we believe are not indicative of the operating results of Lexington's real estate portfolio. Lexington believes this is an appropriate presentation as it is frequently requested by security analysts, investors and other interested parties. Since others do not calculate these measures in a similar fashion, these measures may not be comparable to similarly titled measures as reported by others. These measures should not be considered as an alternative to net income as an indicator of Lexington’s operating performance or as an alternative to cash flow as a measure of liquidity.

GAAP and Cash Yield: GAAP and cash yields are measures of operating performance used to evaluate the individual performance of an investment. These measures are not presented or intended to be viewed as a liquidity or performance measure that present a numerical measure of Lexington's historical or future financial performance, financial position or cash flows. The yield is calculated by dividing the annualized NOI (as defined below, except GAAP rent adjustments are added back to rental income to calculate GAAP yield) the investment is expected to generate (or has generated) divided by the acquisition/completion cost (or sale) price.

Net Operating Income (“NOI”): NOI is a measure of operating performance used to evaluate the individual performance of an investment. This measure is not presented or intended to be viewed as a liquidity or performance measure that presents a numerical measure of Lexington's historical or future financial performance, financial position or cash flows. Lexington defines NOI as operating revenues (rental income (less GAAP rent adjustments and lease termination income), tenant reimbursements and other property income) less property operating expenses. Other REITs may use different methodologies for calculating NOI, and accordingly, Lexington's NOI may not be comparable to other companies. Because NOI excludes general and administrative expenses, interest expense, depreciation and amortization, acquisition-related expenses, other nonproperty income and losses, and gains and losses from property dispositions, it provides a performance measure that, when compared year over year, reflects the revenues and expenses directly associated with owning and operating commercial real estate and the impact to operations from trends in occupancy rates, rental rates, and operating costs, providing a perspective on operations not immediately apparent from net income. Lexington believes that net income is the most directly comparable GAAP measure to NOI.

# # #

| 8 |

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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

|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Gross revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental |  | $ | 101,647 |  |  | $ | 102,440 |  |  | $ | 205,206 |  |  | $ | 202,456 |
Tenant reimbursements |  |  | 7,930 |  |  |  | 7,893 |  |  |  | 15,987 |  |  |  | 16,319 |
Total gross revenues |  |  | 109,577 |  |  |  | 110,333 |  |  |  | 221,193 |  |  |  | 218,775 |
Expense applicable to revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | (41,272 | ) |  |  | (41,808 | ) |  |  | (84,399 | ) |  |  | (82,083 | )
Property operating |  |  | (11,293 | ) |  |  | (15,534 | ) |  |  | (23,371 | ) |  |  | (32,116 | )
General and administrative |  |  | (7,747 | ) |  |  | (7,971 | ) |  |  | (15,522 | ) |  |  | (15,792 | )
Non-operating income |  |  | 3,553 |  |  |  | 3,084 |  |  |  | 6,420 |  |  |  | 5,698 |
Interest and amortization expense |  |  | (22,679 | ) |  |  | (23,339 | ) |  |  | (45,572 | ) |  |  | (46,342 | )
Debt satisfaction gains (charges), net |  |  | (3,194 | ) |  |  | 3,776 |  |  |  | (3,356 | ) |  |  | 14,151 |
Impairment charges |  |  | (3,014 | ) |  |  | (113 | ) |  |  | (3,014 | ) |  |  | (1,252 | )
Gains on sales of properties |  |  | 25,326 |  |  |  | 21,426 |  |  |  | 42,341 |  |  |  | 21,574 |
Income before benefit (provision) for income taxes, equity in earnings of non-consolidated entities and discontinued operations |  |  | 49,257 |  |  |  | 49,854 |  |  |  | 94,720 |  |  |  | 82,613 |
Benefit (provision) for income taxes |  |  | (224 | ) |  |  | 52 |  |  |  | (637 | ) |  |  | (389 | )
Equity in earnings of non-consolidated entities |  |  | 312 |  |  |  | 306 |  |  |  | 6,054 |  |  |  | 672 |
Income from continuing operations |  |  | 49,345 |  |  |  | 50,212 |  |  |  | 100,137 |  |  |  | 82,896 |
Discontinued operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (loss) from discontinued operations |  |  | — |  |  |  | (1 | ) |  |  | — |  |  |  | 109 |
Provision for income taxes |  |  | — |  |  |  | (4 | ) |  |  | — |  |  |  | (4 | )
Gain on sale of property |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,577 |
Total discontinued operations |  |  | — |  |  |  | (5 | ) |  |  | — |  |  |  | 1,682 |
Net income |  |  | 49,345 |  |  |  | 50,207 |  |  |  | 100,137 |  |  |  | 84,578 |
Less net income attributable to noncontrolling interests |  |  | (869 | ) |  |  | (875 | ) |  |  | (1,892 | ) |  |  | (1,741 | )
Net income attributable to Lexington Realty Trust shareholders |  |  | 48,476 |  |  |  | 49,332 |  |  |  | 98,245 |  |  |  | 82,837 |
Dividends attributable to preferred shares – Series C |  |  | (1,573 | ) |  |  | (1,573 | ) |  |  | (3,145 | ) |  |  | (3,145 | )
Allocation to participating securities |  |  | (73 | ) |  |  | (105 | ) |  |  | (163 | ) |  |  | (192 | )
Net income attributable to common shareholders |  | $ | 46,830 |  |  | $ | 47,654 |  |  | $ | 94,937 |  |  | $ | 79,500 |
Income per common share – basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.33 |
Income (loss) from discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.01 |
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.34 |
Weighted-average common shares outstanding – basic |  |  | 232,592,998 |  |  |  | 233,812,062 |  |  |  | 232,617,901 |  |  |  | 233,172,422 |
Income per common share – diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.33 |
Income (loss) from discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.01 |
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.34 |
Weighted-average common shares outstanding – diluted |  |  | 239,046,004 |  |  |  | 239,903,370 |  |  |  | 238,970,754 |  |  |  | 239,559,842 |
Amounts attributable to common shareholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 46,830 |  |  | $ | 47,659 |  |  | $ | 94,937 |  |  | $ | 77,818 |
Income (loss) from discontinued operations |  |  | — |  |  |  | (5 | ) |  |  | — |  |  |  | 1,682 |
Net income attributable to common shareholders |  | $ | 46,830 |  |  | $ | 47,654 |  |  | $ | 94,937 |  |  | $ | 79,500 |

| 9 |

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

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

|  | June 30, 2016 |  |  | December 31, 2015 |
Assets: |  |  |  |  |  |  |  |
Real estate, at cost |  | $ | 3,721,461 |  |  | $ | 3,789,711 |
Real estate - intangible assets |  |  | 688,749 |  |  |  | 692,778 |
Investments in real estate under construction |  |  | 108,763 |  |  |  | 95,402 |
|  |  | 4,518,973 |  |  |  | 4,577,891 |
Less: accumulated depreciation and amortization |  |  | 1,207,434 |  |  |  | 1,179,969 |
Real estate, net |  |  | 3,311,539 |  |  |  | 3,397,922 |
Assets held for sale |  |  | 21,045 |  |  |  | 24,425 |
Cash and cash equivalents |  |  | 59,776 |  |  |  | 93,249 |
Restricted cash |  |  | 12,767 |  |  |  | 10,637 |
Investment in and advances to non-consolidated entities |  |  | 55,245 |  |  |  | 31,054 |
Deferred expenses, net |  |  | 39,656 |  |  |  | 42,000 |
Loans receivable, net |  |  | 95,829 |  |  |  | 95,871 |
Rent receivable – current |  |  | 9,146 |  |  |  | 7,193 |
Rent receivable – deferred |  |  | 102,195 |  |  |  | 87,547 |
Other assets |  |  | 17,535 |  |  |  | 18,505 |
Total assets |  | $ | 3,724,733 |  |  | $ | 3,808,403 |
Liabilities and Equity: |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Mortgages and notes payable, net |  | $ | 838,385 |  |  | $ | 872,643 |
Revolving credit facility borrowings |  |  | 123,000 |  |  |  | 177,000 |
Term loans payable, net |  |  | 500,584 |  |  |  | 500,076 |
Senior notes payable, net |  |  | 493,944 |  |  |  | 493,526 |
Convertible guaranteed notes payable, net |  |  | 11,763 |  |  |  | 12,126 |
Trust preferred securities, net |  |  | 127,046 |  |  |  | 126,996 |
Dividends payable |  |  | 46,052 |  |  |  | 45,440 |
Liabilities held for sale |  |  | 515 |  |  |  | 8,405 |
Accounts payable and other liabilities |  |  | 43,054 |  |  |  | 41,479 |
Accrued interest payable |  |  | 9,857 |  |  |  | 8,851 |
Deferred revenue - including below market leases, net |  |  | 43,021 |  |  |  | 42,524 |
Prepaid rent |  |  | 16,395 |  |  |  | 16,806 |
Total liabilities |  |  | 2,253,616 |  |  |  | 2,345,872 |
Commitments and contingencies |  |  |  |  |  |  |  |
Equity: |  |  |  |  |  |  |  |
Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares: |  |  |  |  |  |  |  |
Series C Cumulative Convertible Preferred, liquidation preference $96,770; 1,935,400 shares issued and outstanding |  |  | 94,016 |  |  |  | 94,016 |
Common shares, par value $0.0001 per share; authorized 400,000,000 shares, 235,075,048 and 234,575,225 shares issued and outstanding in 2016 and 2015, respectively |  |  | 24 |  |  |  | 23 |
Additional paid-in-capital |  |  | 2,775,468 |  |  |  | 2,776,837 |
Accumulated distributions in excess of net income |  |  | (1,413,504 | ) |  |  | (1,428,908 | )
Accumulated other comprehensive loss |  |  | (7,520 | ) |  |  | (1,939 | )
Total shareholders’ equity |  |  | 1,448,484 |  |  |  | 1,440,029 |
Noncontrolling interests |  |  | 22,633 |  |  |  | 22,502 |
Total equity |  |  | 1,471,117 |  |  |  | 1,462,531 |
Total liabilities and equity |  | $ | 3,724,733 |  |  | $ | 3,808,403 |

| 10 |

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

EARNINGS PER SHARE

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

|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
EARNINGS PER SHARE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders |  | $ | 46,830 |  |  | $ | 47,659 |  |  | $ | 94,937 |  |  | $ | 77,818 |
Income (loss) from discontinued operations attributable to common shareholders |  |  | — |  |  |  | (5 | ) |  |  | — |  |  |  | 1,682 |
Net income attributable to common shareholders |  | $ | 46,830 |  |  | $ | 47,654 |  |  | $ | 94,937 |  |  | $ | 79,500 |
Weighted-average number of common shares outstanding - basic |  |  | 232,592,998 |  |  |  | 233,812,062 |  |  |  | 232,617,901 |  |  |  | 233,172,422 |
Income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.33 |
Income (loss) from discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.01 |
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.34 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations attributable to common shareholders - basic |  | $ | 46,830 |  |  | $ | 47,659 |  |  | $ | 94,937 |  |  | $ | 77,818 |
Impact of assumed conversions |  |  | 963 |  |  |  | 764 |  |  |  | 2,023 |  |  |  | 1,633 |
Income from continuing operations attributable to common shareholders |  |  | 47,793 |  |  | $ | 48,423 |  |  |  | 96,960 |  |  |  | 79,451 |
Income (loss) from discontinued operations attributable to common shareholders - basic |  |  | — |  |  |  | (5 | ) |  |  | — |  |  |  | 1,682 |
Impact of assumed conversions |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Income (loss) from discontinued operations attributable to common shareholders |  |  | — |  |  |  | (5 | ) |  |  | — |  |  |  | 1,682 |
Net income attributable to common shareholders |  | $ | 47,793 |  |  | $ | 48,418 |  |  | $ | 96,960 |  |  | $ | 81,133 |
Weighted-average common shares outstanding - basic |  |  | 232,592,998 |  |  |  | 233,812,062 |  |  |  | 232,617,901 |  |  |  | 233,172,422 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share options |  |  | 273,920 |  |  |  | 296,501 |  |  |  | 204,783 |  |  |  | 369,079 |
6.00% Convertible Guaranteed Notes |  |  | 1,878,445 |  |  |  | 1,941,833 |  |  |  | 1,909,841 |  |  |  | 2,165,367 |
Operating Partnership Units |  |  | 3,818,805 |  |  |  | 3,852,974 |  |  |  | 3,819,498 |  |  |  | 3,852,974 |
Non-vested shares |  |  | 481,836 |  |  |  | — |  |  |  | 418,731 |  |  |  | — |
Weighted-average common shares outstanding - diluted |  |  | 239,046,004 |  |  |  | 239,903,370 |  |  |  | 238,970,754 |  |  |  | 239,559,842 |
Income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.33 |
Income (loss) from discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.01 |
Net income attributable to common shareholders |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.41 |  |  | $ | 0.34 |

| 11 |

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

ADJUSTED COMPANY FUNDS FROM OPERATIONS & COMPANY FUNDS AVAILABLE FOR DISTRIBUTION

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

|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
FUNDS FROM OPERATIONS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to common shareholders |  | $ | 46,830 |  |  | $ | 47,654 |  |  | $ | 94,937 |  |  | $ | 79,500 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 39,688 |  |  |  | 40,467 |  |  |  | 80,881 |  |  |  | 79,389 |
Impairment charges - real estate |  |  | 3,014 |  |  |  | 113 |  |  |  | 3,014 |  |  |  | 1,252 |
Noncontrolling interests - OP units |  |  | 648 |  |  |  | 540 |  |  |  | 1,395 |  |  |  | 1,090 |
Amortization of leasing commissions |  |  | 1,584 |  |  |  | 1,341 |  |  |  | 3,518 |  |  |  | 2,693 |
Joint venture and noncontrolling interest adjustment |  |  | 222 |  |  |  | 437 |  |  |  | 458 |  |  |  | 758 |
Gains on sales of properties, including non-consolidated entities |  |  | (25,326 | ) |  |  | (21,426 | ) |  |  | (47,719 | ) |  |  | (23,151 | )
Tax on sales of properties |  |  | — |  |  |  | — |  |  |  | 50 |  |  |  | — |
FFO available to common shareholders and unitholders - basic |  |  | 66,660 |  |  |  | 69,126 |  |  |  | 136,534 |  |  |  | 141,531 |
Preferred dividends |  |  | 1,573 |  |  |  | 1,573 |  |  |  | 3,145 |  |  |  | 3,145 |
Interest and amortization on 6.00% Convertible Notes |  |  | 233 |  |  |  | 224 |  |  |  | 485 |  |  |  | 543 |
Amount allocated to participating securities |  |  | 73 |  |  |  | 105 |  |  |  | 163 |  |  |  | 192 |
FFO available to all equityholders and unitholders - diluted |  |  | 68,539 |  |  |  | 71,028 |  |  |  | 140,327 |  |  |  | 145,411 |
Debt satisfaction (gains) charges, net, including non-consolidated entities |  |  | 3,194 |  |  |  | (3,712 | ) |  |  | 3,356 |  |  |  | (14,087 | )
Transaction costs/other |  |  | 68 |  |  |  | (294 | ) |  |  | 214 |  |  |  | 174 |
Adjusted Company FFO available to all equityholders and unitholders - diluted |  |  | 71,801 |  |  |  | 67,022 |  |  |  | 143,897 |  |  |  | 131,498 |
FUNDS AVAILABLE FOR DISTRIBUTION: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Straight-line adjustments |  |  | (13,241 | ) |  |  | (17,034 | ) |  |  | (24,380 | ) |  |  | (22,343 | )
Lease incentives |  |  | 419 |  |  |  | 488 |  |  |  | 842 |  |  |  | 945 |
Amortization of above/below market leases |  |  | 499 |  |  |  | 177 |  |  |  | 955 |  |  |  | (444 | )
Lease termination payments, net |  |  | 5,183 |  |  |  | (595 | ) |  |  | 2,434 |  |  |  | (1,401 | )
Non-cash interest, net |  |  | (632 | ) |  |  | 1,753 |  |  |  | (1,014 | ) |  |  | 1,118 |
Non-cash charges, net |  |  | 2,403 |  |  |  | 2,147 |  |  |  | 4,610 |  |  |  | 4,403 |
Tenant improvements |  |  | 601 |  |  |  | (1,541 | ) |  |  | (119 | ) |  |  | (2,622 | )
Lease costs |  |  | (3,477 | ) |  |  | (1,756 | ) |  |  | (4,707 | ) |  |  | (3,176 | )
Company Funds Available for Distribution |  | $ | 63,556 |  |  | $ | 50,661 |  |  | $ | 122,518 |  |  | $ | 107,978 |
Per Common Share and Unit Amounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FFO |  | $ | 0.28 |  |  | $ | 0.29 |  |  | $ | 0.58 |  |  | $ | 0.60 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FFO |  | $ | 0.28 |  |  | $ | 0.29 |  |  | $ | 0.58 |  |  | $ | 0.60 |
Adjusted Company FFO |  | $ | 0.29 |  |  | $ | 0.27 |  |  | $ | 0.59 |  |  | $ | 0.54 |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - basic EPS |  |  | 232,592,998 |  |  |  | 233,812,062 |  |  |  | 232,617,901 |  |  |  | 233,172,422 |
Operating partnership units(1) |  |  | 3,818,805 |  |  |  | 3,852,974 |  |  |  | 3,819,498 |  |  |  | 3,852,974 |
Weighted-average common shares outstanding - basic FFO |  |  | 236,411,803 |  |  |  | 237,665,036 |  |  |  | 236,437,399 |  |  |  | 237,025,396 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - diluted EPS |  |  | 239,046,004 |  |  |  | 239,903,370 |  |  |  | 238,970,754 |  |  |  | 239,559,842 |
Unvested share-based payment awards |  |  | — |  |  |  | 83,635 |  |  |  | — |  |  |  | 109,194 |
Preferred shares - Series C |  |  | 4,710,570 |  |  |  | 4,710,570 |  |  |  | 4,710,570 |  |  |  | 4,710,570 |
Weighted-average common shares outstanding - diluted FFO |  |  | 243,756,574 |  |  |  | 244,697,575 |  |  |  | 243,681,324 |  |  |  | 244,379,606 |

| (1) | Includes OP units other than OP units held by Lexington.

| 12 |

LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES

RECONCILIATION OF NON-GAAP MEASURES

2016 EARNINGS GUIDANCE

|  | Twelve Months Ended December 31, 2016 |
|  | Low |  |  | High |
Estimated: |  |  |  |  |  |
Net income attributable to common shareholders per diluted common share(1) |  | $ | 0.52 |  |  | $ | 0.61 |
Depreciation and amortization |  |  | 0.67 |  |  |  | 0.68 |
Impact of capital transactions |  |  | (0.12 | ) |  |  | (0.19 | )
Estimated Adjusted Company FFO per diluted common share |  | $ | 1.07 |  |  | $ | 1.10 |

| (1) | Assumes all convertible securities are dilutive.

| 13 |

LEXINGTON REALTY TRUST

2016 Second Quarter Investment / Capital Recycling Summary

PROPERTY INVESTMENTS

|  | Primary Tenant (Guarantor) |  | Location |  | Property Type |  | Initial Basis ($000) |  |  | Initial Estimated Annualized GAAP Rent ($000) |  |  | Initial Estimated Annualized Cash Rent (1) ($000) |  |  | Initial Estimated GAAP Yield (1) |  |  | Initial Estimated Cash Yield (1) |  |  | Month Closed |  | Primary Lease Expiration
1 |  | One World Technologies, Inc. (Techtronic Industries Co. Ltd.) |  | Anderson |  | SC |  | Industrial |  | $ | 61,347 |  |  | $ | 4,446 |  |  | $ | 3,660 |  |  |  | 7.2 | % |  |  | 6.0 | % |  | June |  | 06/2036
1 |  | TOTAL PROPERTY INVESTMENT |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

CAPITAL RECYCLING

PROPERTY DISPOSITIONS (3)

|  | Primary Tenant (Guarantor) |  | Location |  | Property Type |  | Gross Sale Price ($000) |  |  | Annualized Net Income (2) ($000) |  |  | Annualized NOI (1)(2) ($000) |  |  | Month of Disposition |  | % Leased |  |  | Gross Sale Price PSF |
1 |  | ZE-45 Ground Tenant LLC |  | New York |  | NY |  | Land / Infrastructure |  | $ | 37,500 |  |  | $ | 3,194 |  |  | $ | 1,525 |  |  | April |  |  | 100 | % |  |  | N/A |
2 |  | Apria Healthcare, Inc. (Apria Healthcare Group, Inc.) (4) |  | Lake Forest |  | CA |  | Office |  |  | 19,000 |  |  |  | 775 |  |  |  | 1,366 |  |  | May |  |  | 100 | % |  | $ | 189.98 |
3 |  | Federal Express Corporation / FedEx Techconnect, Inc. |  | Collierville |  | TN |  | Industrial |  |  | 7,740 |  |  |  | 294 |  |  |  | 817 |  |  | June |  |  | 100 | % |  | $ | 61.32 |
4 |  | Atrius Health, Inc. |  | Boston |  | MA |  | Office |  |  | 33,250 |  |  |  | 370 |  |  |  | 1,700 |  |  | June |  |  | 100 | % |  | $ | 635.31 |
5 |  | The McGraw-Hill Companies, Inc. (5) |  | Dubuque |  | IA |  | Industrial |  |  | 8,575 |  |  |  | 326 |  |  |  | 1,260 |  |  | June |  |  | 100 | % |  | $ | 25.91 |
6 |  | Vacant |  | Franklin |  | NC |  | Industrial |  |  | 1,100 |  |  |  | (158 | ) |  |  | (113 | ) |  | June |  |  | 0 | % |  | $ | 15.10 |
6 |  | TOTAL PROPERTY DISPOSITIONS |  |  |  |  |  |  |  | $ | 107,165 |  |  | $ | 4,801 |  |  | $ | 6,555 |  |  |  |  |  |  |  |  |  |  |

Footnotes

| (1) | See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.

| (2) | 1Q 2016 annualized.

| (3) | In addition, Lexington sold certain land parcels for $1.0 million, which land parcels generated annualized net income and annualized NOI of $45 thousand.

| (4) | A future rent credit of $1.7 million was credited to the buyer at closing.

| (5) | Excludes a $1.0 million lease termination payment from the tenant.

| 14 |

LEXINGTON REALTY TRUST

BUILD-TO-SUIT PROJECTS

6/30/2016

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 6/30/16 ($000) |  |  | Estimated Cash Investment Next 12 Months ($000) |  |  | Estimated Completion/ Acquisition Date |  | Estimated GAAP Yield (5) |  |  | Estimated Initial Cash Yield (5) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Q3 2016 |  |  | Q4 2016 |  |  | Q1 2017 |  |  | Q2 2017 |  |  |  |  |  |  |  |  |
1 |  | Lake Jackson (2) |  | TX |  |  | 664,000 |  |  | Office |  |  | 20 |  |  | $ | 166,164 |  |  | $ | 83,887 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | 4Q 16 |  |  | 8.9 | % |  |  | 7.3 | %
2 |  | Charlotte |  | NC |  |  | 201,000 |  |  | Office |  |  | 15 |  |  |  | 62,445 |  |  |  | 24,166 |  |  |  | 11,372 |  |  |  | 11,372 |  |  |  | 11,372 |  |  |  | 3,791 |  |  | 1Q 17 |  |  | 9.5 | % |  |  | 8.3 | %
3 |  | Opelika |  | AL |  |  | 165,000 |  |  | Industrial |  |  | 25 |  |  |  | 37,000 |  |  |  | 710 |  |  |  | 7,713 |  |  |  | 10,579 |  |  |  | 10,579 |  |  |  | 7,053 |  |  | 2Q 17 |  |  | 9.0 | % |  |  | 7.1 | %
3 |  | TOTAL CONSOLIDATED BUILD-TO-SUIT PROJECTS (3) |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 265,609 |  |  | $ | 108,763 |  |  | $ | 19,085 |  |  | $ | 21,951 |  |  | $ | 21,951 |  |  | $ | 10,844 |  |  |  |  |  |  |  |  |  |  |
1 |  | Houston (4) |  | TX |  |  | 274,000 |  |  | Retail/Specialty |  |  | 20 |  |  | $ | 86,491 |  |  | $ | 63,848 |  |  | $ | 9,696 |  |  | $ | 9,696 |  |  | $ | - |  |  | $ | - |  |  | 3Q 16 |  |  | 7.5 | % |  |  | 7.5 | %
1 |  | TOTAL NON-CONSOLIDATED BUILD-TO-SUIT PROJECTS |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 86,491 |  |  | $ | 63,848 |  |  | $ | 9,696 |  |  | $ | 9,696 |  |  | $ | - |  |  | $ | - |  |  |  |  |  |  |  |  |  |  |
4 |  | TOTAL BUILD-TO-SUIT PROJECTS |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 352,100 |  |  | $ | 172,611 |  |  | $ | 28,781 |  |  | $ | 31,647 |  |  | $ | 21,951 |  |  | $ | 10,844 |  |  |  |  |  |  |  |  |  |  |

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 or, if completed, will perform to Lexington's expectations.

| (2) | Subsequent to June 30, 2016, Lexington obtained $197.2 million of non-recourse financing. The loan bears interest at a fixed rate of 4.04%.

The estimated remaining costs to fund the project of $71.6 million were escrowed at closing.

| (3) | Investment balance in accordance with GAAP included in investment in real estate under construction.

Aggregate equity invested is $112.8 million.

| (4) | Lexington has a 25% interest as of June 30, 2016. Lexington is providing construction financing up to $56.7 million to the joint venture, of which $33.9 million has been funded as of June 30, 2016. Estimated cash investments for the next 12 months are Lexington's estimated loan amounts. Lease contains annual CPI increases.

| (5) | See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.

| 15 |

LEXINGTON REALTY TRUST

2016 Second Quarter Financing Summary

DEBT RETIRED

Location |  | Tenant (Guarantor) |  | Property Type |  | Face / Satisfaction ($000) |  |  | Fixed Rate |  |  | Maturity Date
Consolidated Mortgage Debt: |  |  |  |  |  |  |  |  |  |  |  |
Omaha, NE |  | Wipro Data Center and Cloud Services, Inc. (Infocrossing, Inc.) |  | Office |  | $ | 7,560 |  |  |  | 5.610 | % |  | 04/2016
Tempe, AZ |  | Wipro Data Center and Cloud Services, Inc. (Infocrossing, Inc.) |  | Office |  |  | 7,140 |  |  |  | 5.610 | % |  | 04/2016
Byhalia, MS |  | Asics America Corporation (Asics Corporation) |  | Industrial |  |  | 15,000 |  |  |  | 4.710 | % |  | 06/2016
Dubuque, IA |  | The McGraw-Hill Companies, Inc. |  | Industrial |  |  | 8,934 |  |  |  | 5.402 | % |  | 06/2017
Boston, MA |  | Atrius Health, Inc. |  | Office |  |  | 12,178 |  |  |  | 6.100 | % |  | 12/2018
New York, NY |  | ZE-45 Ground Tenant LLC |  | Land / Infrastructure |  |  | 29,193 |  |  |  | 4.100 | % |  | 01/2025
|  |  |  |  |  | $ | 80,005 |  |  |  |  |  |  |

CORPORATE LEVEL DEBT

|  | Quarterly Activity, Net ($000)
Revolving Credit Facility |  | $24,000 satisfaction
6.00% Convertible Guaranteed Notes |  | $500 satisfaction (cash payment $672)

| 16 |

LEXINGTON REALTY TRUST

2016 Second Quarter Leasing Summary

LEASE EXTENSIONS

|  | Tenant (Guarantor) |  | Location |  | Prior Term |  | Lease Expiration Date |  |  | Sq. Ft. |  |  | New GAAP Rent Per Annum ($000)(1) |  |  | Prior GAAP Rent Per Annum ($000) |  |  | New Cash Rent Per Annum ($000)(1)(3) |  |  | Prior Cash Rent Per Annum ($000)(3) |
|  | Office / Multi-Tenant Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-8 |  | Various |  | Honolulu |  | HI |  | 2016 |  |  | 2018 |  |  |  | 13,863 |  |  | $ | 261 |  |  | $ | 255 |  |  | $ | 261 |  |  | $ | 255 |
9 |  | Time Customer Service, Inc. / Time Incorporated |  | Tampa |  | FL |  | 06/2017 |  |  | 06 /2026 |  |  |  | 132,981 |  |  |  | 1,132 |  |  |  | 1,354 |  |  |  | 1,103 |  |  |  | 1,513
9 |  | Total office lease extensions |  |  |  |  |  |  |  |  |  |  |  |  | 146,844 |  |  | $ | 1,393 |  |  | $ | 1,609 |  |  | $ | 1,364 |  |  | $ | 1,768 |
|  | Industrial / Multi-Tenant Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Tower Automotive Operations USA I, LLC / Tower Automotive Products Inc. (Tower Automotive, Inc.) |  | Plymouth |  | MI |  | 10/2017 |  |  | 10/2024 |  |  |  | 290,133 |  |  | $ | 1,447 |  |  | $ | 1,474 |  |  | $ | 1,378 |  |  | $ | 1,378 |
2 |  | Bell Sports, Inc. (Vista Outdoor, Inc.) |  | Rantoul |  | IL |  | 10/2033 |  |  | 10/2034 |  |  |  | 813,126 |  |  |  | 4,195 |  |  |  | 4,146 |  |  |  | 5,063 |  |  |  | 4,963 |
3 |  | Cimetra LLC |  | Antioch |  | TN |  | 07/2016 |  |  | 08/2021 |  |  |  | 67,200 |  |  |  | 211 |  |  |  | 141 |  |  |  | 202 |  |  |  | 178 |
3 |  | Total industrial lease extensions |  |  |  |  |  |  |  |  |  |  |  |  | 1,170,459 |  |  | $ | 5,853 |  |  | $ | 5,761 |  |  | $ | 6,643 |  |  | $ | 6,519 |
|  |  |  |  |  |  |  | ` |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
12 |  | TOTAL EXTENDED LEASES |  |  |  |  |  |  |  |  |  |  |  |  | 1,317,303 |  |  | $ | 7,246 |  |  | $ | 7,370 |  |  | $ | 8,007 |  |  | $ | 8,287 |

NEW LEASES

|  | Tenant |  | Location |  | Lease Expiration Date |  | Sq. Ft. |  |  | New GAAP Rent Per Annum ($000)(1) |  |  | New Cash Rent Per Annum ($000)(1)(3) |
|  | Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Arrow Electronics, Inc. |  | Arlington |  | TX |  | 02/2027 |  |  | 74,739 |  |  | $ | 406 |  |  | $ | 392 |
1 |  | Total industrial new lease |  |  |  |  |  |  |  |  | 74,739 |  |  | $ | 406 |  |  | $ | 392 |
1 |  | TOTAL NEW LEASE |  |  |  |  |  |  |  |  | 74,739 |  |  | $ | 406 |  |  | $ | 392 |
13 |  | TOTAL NEW AND EXTENDED LEASES |  |  |  |  |  |  |  |  | 1,392,042 |  |  | $ | 7,652 |  |  | $ | 8,399 |

| 17 |

LEXINGTON REALTY TRUST

2016 Second Quarter Leasing Summary (Continued)

LEASE NON-RENEWALS (2)

|  | Tenant (Guarantor) |  | Location |  | Lease Expiration Date |  | Sq. Ft. |  |  | 1Q 2016 GAAP Rent ($000) |  |  | 1Q 2016 Cash Rent ($000)(3) |
|  | Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 |  | Haggar Clothing Co. (Texas Holding Clothing Corporation and Haggar Corp.) |  | Farmers Branch |  | TX |  | 04/2016 |  |  | 114,489 |  |  | $ | 506 |  |  | $ | 393 |
2 |  | Raytheon Company |  | Garland |  | TX |  | 05/2016 |  |  | 278,759 |  |  |  | 406 |  |  |  | 377 |
2 |  | TOTAL LEASE NON-RENEWALS |  |  |  |  |  |  |  |  | 393,248 |  |  | $ | 912 |  |  | $ | 770 |

Footnotes

| (1) | Assumes twelve months rent from the later of 7/1/16 or lease commencement/extension, excluding free rent periods as applicable.

| (2) | Excludes multi-tenant properties.

| (3) | See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.

| 18 |

LEXINGTON REALTY TRUST

Other Revenue Data

6/30/2016

($000)

Other Revenue Data

|  | GAAP Rent |
Asset Class |  | Six months ended |
|  | 6/30/16 (1) |  |  | 6/30/16 Percentage |  |  | 6/30/15 Percentage |
Office |  | $ | 99,104 |  |  |  | 49.7 | % |  |  | 48.0 | %
Industrial |  |  | 61,298 |  |  |  | 30.7 | % |  |  | 25.6 | %
Land / Infrastructure |  |  | 28,719 |  |  |  | 14.4 | % |  |  | 15.4 | %
Multi-tenant |  |  | 5,614 |  |  |  | 2.8 | % |  |  | 7.9 | %
Retail/Specialty |  |  | 4,866 |  |  |  | 2.4 | % |  |  | 3.1 | %
|  | $ | 199,601 |  |  |  | 100.0 | % |  |  | 100.0 | %

|  | GAAP Rent |
Credit Ratings (2) |  | Six months ended |
|  | 6/30/16 (1) |  |  | 6/30/16 Percentage |  |  | 6/30/15 Percentage |
Investment Grade |  | $ | 67,197 |  |  |  | 33.7 | % |  |  | 35.8 | %
Non-Investment Grade |  |  | 28,766 |  |  |  | 14.4 | % |  |  | 13.8 | %
Unrated |  |  | 103,638 |  |  |  | 51.9 | % |  |  | 50.4 | %
|  | $ | 199,601 |  |  |  | 100.0 | % |  |  | 100.0 | %

Weighted-Average Lease Term - Cash Basis |  | As of 6/30/16 |  |  | As of 6/30/15 |
|  |  | 12.5 years |  |  |  | 12.2 years |

Weighted-Average Lease Term - Cash Basis - Adjusted (3) |  | As of 6/30/16 |  |  | As of 6/30/15 |
|  |  | 9.3 years |  |  |  | 8.7 years |

Rent Estimates for Current Assets

Year |  | GAAP (4) |  |  | Cash (4) |  |  | Projected Straight-line / GAAP Rent Adjustments |
2016 - remaining |  | $ | 196,861 |  |  | $ | 171,427 |  |  | $ | (25,434 | )
2017 |  | $ | 377,830 |  |  | $ | 335,225 |  |  | $ | (42,605 | )

Footnotes

| (1) | Six months ended 6/30/2016 GAAP rent recognized for consolidated properties owned as of 6/30/2016.

| (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 6/30/2016, and (3) no properties are sold or acquired after 6/30/2016.

| 19 |

LEXINGTON REALTY TRUST

Other Revenue Data (Continued)

6/30/2016

($000)

Same-Store NOI (1)

|  | Six months ended June 30, |
|  | 2016 |  |  | 2015 |
Total Cash Rent |  | $ | 150,705 |  |  | $ | 154,706 |
Tenant Reimbursements |  |  | 13,071 |  |  |  | 13,804 |
Property Operating Expenses |  |  | (19,472 | ) |  |  | (22,676 | )
Same-Store NOI |  | $ | 144,304 |  |  | $ | 145,834 |
Change in Same-Store NOI |  |  | (1.0 | )% |  |  |  |

Same-Store Percent Leased (2) |  | As of 6/30/16 |  |  | As of 6/30/15 |
|  |  | 96.6 | % |  |  | 97.1 | %

Lease Escalation Data (3)

Footnotes

| (1) | NOI is on a consolidated cash basis for all consolidated properties except properties acquired/expanded and sold in 2016 and 2015 and properties subject to secured mortgage loans in default at June 30, 2016. See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.

| (2) | Excludes properties acquired or sold in 2016 and 2015 and properties subject to secured mortgage loans in default as of 6/30/2016.

| (3) | Based on six months consolidated cash rents for single-tenant leases (properties greater than 70% leased) owned as of June 30, 2016.

Excludes parking operations and rents from prior tenants.

| 20 |

LEXINGTON REALTY TRUST

Portfolio Detail By Asset Class

6/30/2016

( $000, except square footage)

Asset Class |  | YE 2013 |  |  | YE 2014 |  |  | YE 2015 |  |  | 2Q 2016 |
Office |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 61.3 | % |  |  | 51.4 | % |  |  | 50.1 | % |  |  | 49.7 | %
LTL (5) |  |  | 26.8 | % |  |  | 31.8 | % |  |  | 23.4 | % |  |  | 28.5 | %
STL (6) |  |  | 73.2 | % |  |  | 68.2 | % |  |  | 76.6 | % |  |  | 71.5 | %
Leased |  |  | 99.0 | % |  |  | 98.6 | % |  |  | 99.6 | % |  |  | 99.6 | %
Wtd. Avg. Lease Term (2) |  |  | 7.2 |  |  |  | 7.4 |  |  |  | 7.2 |  |  |  | 7.2 |
Mortgage Debt |  | $ | 692,460 |  |  | $ | 426,635 |  |  | $ | 329,696 |  |  | $ | 325,704 |
% Investment Grade (1) |  |  | 57.2 | % |  |  | 53.7 | % |  |  | 48.7 | % |  |  | 47.3 | %
Square Feet |  |  | 15,316,875 |  |  |  | 13,264,134 |  |  |  | 12,847,877 |  |  |  | 12,021,184 |
Industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 23.2 | % |  |  | 23.0 | % |  |  | 27.9 | % |  |  | 30.7 | %
LTL (5) |  |  | 35.2 | % |  |  | 42.8 | % |  |  | 43.1 | % |  |  | 49.1 | %
STL (6) |  |  | 64.8 | % |  |  | 57.2 | % |  |  | 56.9 | % |  |  | 50.9 | %
Leased |  |  | 99.8 | % |  |  | 99.7 | % |  |  | 99.6 | % |  |  | 99.9 | %
Wtd. Avg. Lease Term (2) |  |  | 7.2 |  |  |  | 7.9 |  |  |  | 9.5 |  |  |  | 9.9 |
Mortgage Debt |  | $ | 206,209 |  |  | $ | 177,951 |  |  | $ | 292,293 |  |  | $ | 264,904 |
% Investment Grade (1) |  |  | 34.1 | % |  |  | 29.3 | % |  |  | 30.3 | % |  |  | 27.9 | %
Square Feet |  |  | 21,473,994 |  |  |  | 22,612,691 |  |  |  | 25,561,136 |  |  |  | 26,622,831 |
Land/Infrastructure |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 4.9 | % |  |  | 14.3 | % |  |  | 16.0 | % |  |  | 14.4 | %
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) |  |  | 72.7 |  |  |  | 73.1 |  |  |  | 70.3 |  |  |  | 68.2 |
Wtd. Avg. Lease Term Adjusted (3) |  |  | 23.7 |  |  |  | 22.8 |  |  |  | 22.8 |  |  |  | 23.0 |
Mortgage Debt |  | $ | 213,500 |  |  | $ | 213,475 |  |  | $ | 242,494 |  |  | $ | 213,151 |
% Investment Grade (1) |  |  | 0.2 | % |  |  | 0.4 | % |  |  | 0.4 | % |  |  | 4.1 | %
Multi-Tenant |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 7.9 | % |  |  | 8.7 | % |  |  | 3.0 | % |  |  | 2.8 | %
Leased |  |  | 66.4 | % |  |  | 53.9 | % |  |  | 44.1 | % |  |  | 38.1 | %
Wtd. Avg. Lease Term (2) |  |  | 7.0 |  |  |  | 6.9 |  |  |  | 3.4 |  |  |  | 3.4 |
Mortgage Debt |  | $ | 71,754 |  |  | $ | 116,763 |  |  | $ | 14,118 |  |  | $ | 39,946 |
% Investment Grade (1) |  |  | 34.5 | % |  |  | 19.3 | % |  |  | 36.9 | % |  |  | 18.8 | %
Square Feet |  |  | 2,259,189 |  |  |  | 2,414,889 |  |  |  | 2,301,864 |  |  |  | 2,700,126 |
Retail/Specialty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
% of ABR (1) |  |  | 2.7 | % |  |  | 2.6 | % |  |  | 3.0 | % |  |  | 2.4 | %
LTL (5) |  |  | 21.0 | % |  |  | 28.1 | % |  |  | 34.7 | % |  |  | 25.4 | %
STL (6) |  |  | 79.0 | % |  |  | 71.9 | % |  |  | 65.3 | % |  |  | 74.6 | %
Leased |  |  | 98.5 | % |  |  | 94.3 | % |  |  | 97.9 | % |  |  | 97.8 | %
Wtd. Avg. Lease Term (2) |  |  | 7.2 |  |  |  | 9.1 |  |  |  | 8.4 |  |  |  | 7.5 |
Mortgage Debt |  | $ | 13,566 |  |  | $ | 13,170 |  |  | $ | 12,724 |  |  | $ | 4,320 |
% Investment Grade (1) |  |  | 18.7 | % |  |  | 22.4 | % |  |  | 16.4 | % |  |  | 20.0 | %
Square Feet |  |  | 1,489,267 |  |  |  | 1,447,724 |  |  |  | 1,395,517 |  |  |  | 1,318,441 |
Loans Receivable |  | $ | 99,443 |  |  | $ | 105,635 |  |  | $ | 95,871 |  |  | $ | 95,829 |
Construction in progress (4) |  | $ | 78,656 |  |  | $ | 121,184 |  |  | $ | 103,954 |  |  | $ | 109,306 |

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 remaining term of ten years or longer.

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

| 21 |

LEXINGTON REALTY TRUST

Portfolio Composition

6/30/2016

Footnotes

(1) Based on gross book value of real estate assets, real estate under construction, and loans receivable as of 6/30/2016.

(2) Based on six months GAAP rent as of 6/30/2016.

| 22 |

LEXINGTON REALTY TRUST

Components of Net Asset Value

6/30/2016

($000)

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

Consolidated properties six month net operating income (NOI) (1) |  |  |  |
Office |  | $ | 88,530 |
Industrial |  |  | 57,625 |
Land/ Infrastructure |  |  | 12,501 |
Multi-Tenant |  |  | 1,724 |
Retail/Specialty |  |  | 2,972 |
Total Net Operating Income |  | $ | 163,352 |
Lexington's share of non-consolidated six month NOI (1) |  |  |  |
Office |  | $ | 531 |
Retail/Specialty |  |  | 600 |
|  | $ | 1,131 |
Other income |  |  |  |
Advisory fees |  | $ | 406 |
In service assets not fairly valued by capitalized NOI method (1) |  |  |  |
Wholly-owned assets less than 70% leased |  | $ | 96,466 |
Wholly-owned assets acquired in 2016 |  | $ | 90,304 |
Add other assets: |  |  |  |
Assets held for sale |  | $ | 21,045 |
Loans receivable |  |  | 95,829 |
Development investment at cost incurred |  |  | 155,294 |
Cash and cash equivalents |  |  | 59,776 |
Restricted cash |  |  | 12,767 |
Accounts receivable, net |  |  | 9,146 |
Other assets |  |  | 17,535 |
Total other assets |  | $ | 371,392 |
Liabilities: |  |  |  |
Corporate level debt (face amount) |  | $ | 1,269,020 |
Mortgages and notes payable (face amount) |  |  | 848,025 |
Liabilities held for sale |  |  | 515 |
Dividends payable |  |  | 46,052 |
Accounts payable, accrued expenses and other liabilities |  |  | 69,306 |
Preferred stock, at liquidation value |  |  | 96,770 |
Lexington's share of non-consolidated mortgages |  |  | 8,532 |
Total deductions |  | $ | 2,338,220 |
Common shares & OP units at 6/30/2016 |  |  | 238,890,887 |

Footnotes

| (1) | Six months ended June 30, 2016 NOI for the existing property portfolio at June 30, 2016, excludes NOI related to assets undervalued by a capitalized NOI method and assets held for sale. Assets undervalued by a capitalized NOI method are identified generally by occupancies under 70% and assets acquired in 2016. For assets in this category an NOI capitalization approach is not appropriate and accordingly the company's net book value has been used. See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.

| 23 |

LEXINGTON REALTY TRUST

Top Markets

6/30/2016

|  | Core Based Statistical Area (2) |  | Percent of GAAP Rent as of 6/30/16 (1) |
1 |  | New York-Northern New Jersey-Long Island, NY-NJ-PA |  |  | 14.8 | %
2 |  | Houston-Sugar Land-Baytown, TX |  |  | 7.0 | %
3 |  | Dallas-Fort Worth-Arlington, TX |  |  | 6.4 | %
4 |  | Memphis, TN-MS-AR |  |  | 4.2 | %
5 |  | Kansas City, MO-KS |  |  | 3.7 | %
6 |  | Phoenix-Mesa-Scottsdale, AZ |  |  | 3.7 | %
7 |  | Kennewick-Pasco-Richland, WA |  |  | 3.3 | %
8 |  | Richmond, VA |  |  | 3.0 | %
9 |  | Detroit-Warren-Livonia, MI |  |  | 2.8 | %
10 |  | Denver-Aurora, CO |  |  | 2.2 | %
11 |  | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |  |  | 2.2 | %
12 |  | Indianapolis-Carmel, IN |  |  | 2.1 | %
13 |  | Columbus, OH |  |  | 1.9 | %
14 |  | Las Vegas-Paradise, NV |  |  | 1.7 | %
15 |  | San Jose-Sunnyvale-Santa Clara, CA |  |  | 1.7 | %
16 |  | Charlotte-Gastonia-Rock Hill, NC-SC |  |  | 1.6 | %
17 |  | Jackson, MS |  |  | 1.6 | %
18 |  | Chicago-Naperville-Joliet, IL-IN-WI |  |  | 1.5 | %
19 |  | Orlando-Kissimmee, FL |  |  | 1.4 | %
20 |  | Atlanta-Sandy Springs-Marietta, GA |  |  | 1.4 | %
|  | Total Top Markets (3) |  |  | 68.0 | %

Footnotes

| (1) | Six months ended 6/30/2016 GAAP rent recognized for consolidated properties owned as of 6/30/2016.

| (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.

| 24 |

LEXINGTON REALTY TRUST

Single-Tenant Office Markets

6/30/2016

Footnotes

| (1) | Six months ended 6/30/2016 GAAP rent recognized for consolidated single-tenant office properties owned as of 6/30/2016.

| (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.

| 25 |

LEXINGTON REALTY TRUST

Tenant Industry Diversification

6/30/2016

Footnotes

| (1) | Six months ended 6/30/2016 GAAP rent recognized for consolidated properties owned as of 6/30/2016.

| 26 |

LEXINGTON REALTY TRUST

Top 10 Tenants or Guarantors

6/30/2016

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 6/30/2016 ($000) (1) |  |  | Percent of GAAP Rent as of 6/30/2016 ($000) (1) (2) |
SM Ascott LLC |  |  | 1 |  |  |  | 0 |  |  |  | 0.0 | % |  | $ | 8,686 |  |  |  | 4.4 | %
Tribeca Ascott LLC |  |  | 1 |  |  |  | 0 |  |  |  | 0.0 | % |  |  | 7,445 |  |  |  | 3.7 | %
AL-Stone Ground Tenant LLC |  |  | 1 |  |  |  | 0 |  |  |  | 0.0 | % |  |  | 6,795 |  |  |  | 3.4 | %
Preferred Freezer Services of Richland, LLC (Preferred Freezer Services, LLC & Preferred Freezer Services Operating, LLC) |  |  | 1 |  |  |  | 456,412 |  |  |  | 1.1 | % |  |  | 6,566 |  |  |  | 3.3 | %
FedEx Corporation / Federal Express Corporation |  |  | 2 |  |  |  | 661,616 |  |  |  | 1.5 | % |  |  | 6,075 |  |  |  | 3.0 | %
United States of America |  |  | 3 |  |  |  | 398,214 |  |  |  | 0.9 | % |  |  | 5,460 |  |  |  | 2.7 | %
Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 7 |  |  |  | 2,053,359 |  |  |  | 4.8 | % |  |  | 4,970 |  |  |  | 2.5 | %
Nissan North America, Inc. |  |  | 2 |  |  |  | 1,691,049 |  |  |  | 3.9 | % |  |  | 4,813 |  |  |  | 2.4 | %
Swiss Re America Holding Corporation / Westport Insurance Corporation / Swiss Re Management (US) Corporation |  |  | 2 |  |  |  | 476,123 |  |  |  | 1.1 | % |  |  | 3,830 |  |  |  | 1.9 | %
McGuireWoods LLP |  |  | 1 |  |  |  | 224,537 |  |  |  | 0.5 | % |  |  | 3,592 |  |  |  | 1.8 | %
|  |  | 21 |  |  |  | 5,961,310 |  |  |  | 13.9 | % |  | $ | 58,232 |  |  |  | 29.2 | %

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 6/30/2016 ($000) (3) |  |  | Percent of Cash Rent as of 6/30/2016 ($000) (2) (3) |
FedEx Corporation / Federal Express Corporation |  |  | 2 |  |  |  | 661,616 |  |  |  | 1.5 | % |  | $ | 5,892 |  |  |  | 3.4 | %
Preferred Freezer Services of Richland, LLC (Preferred Freezer Services, LLC & Preferred Freezer Services Operating, LLC) |  |  | 1 |  |  |  | 456,412 |  |  |  | 1.1 | % |  |  | 5,396 |  |  |  | 3.1 | %
Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 7 |  |  |  | 2,053,359 |  |  |  | 4.8 | % |  |  | 5,111 |  |  |  | 3.0 | %
Nissan North America, Inc. |  |  | 2 |  |  |  | 1,691,049 |  |  |  | 3.9 | % |  |  | 4,701 |  |  |  | 2.7 | %
United States of America |  |  | 3 |  |  |  | 398,214 |  |  |  | 0.9 | % |  |  | 4,289 |  |  |  | 2.5 | %
Swiss Re America Holding Corporation / Westport Insurance Corporation / Swiss Re Management (US) Corporation |  |  | 2 |  |  |  | 476,123 |  |  |  | 1.1 | % |  |  | 3,814 |  |  |  | 2.2 | %
Morgan, Lewis & Bockius LLP |  |  | 1 |  |  |  | 289,432 |  |  |  | 0.7 | % |  |  | 3,571 |  |  |  | 2.1 | %
Xerox Corporation |  |  | 1 |  |  |  | 202,000 |  |  |  | 0.5 | % |  |  | 3,535 |  |  |  | 2.0 | %
Michelin North America, Inc. |  |  | 3 |  |  |  | 2,503,916 |  |  |  | 5.8 | % |  |  | 3,534 |  |  |  | 2.0 | %
T-Mobile USA, Inc. / T-Mobile West Corporation |  |  | 5 |  |  |  | 386,078 |  |  |  | 0.9 | % |  |  | 3,512 |  |  |  | 2.0 | %
|  |  | 27 |  |  |  | 9,118,199 |  |  |  | 21.3 | % |  | $ | 43,355 |  |  |  | 25.1 | %

Footnotes

| (1) | Six months ended 6/30/2016 GAAP rent recognized for consolidated properties owned as of 6/30/2016.

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

| (3) | Six months ended 6/30/2016 cash rent recognized for consolidated properties owned as of 6/30/2016. See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.

| 27 |

LEXINGTON REALTY TRUST

Lease Rollover Schedule - Consolidated Single-Tenant Properties GAAP Basis

6/30/2016

($000)

Year |  | Number of Leases Expiring |  |  | GAAP Rent as of 6/30/2016 |  |  | Percent of GAAP Rent as of 6/30/2016 |  |  | Percent of GAAP Rent as of 6/30/2015 |
2016 - remaining |  |  | 5 |  |  | $ | 2,986 |  |  |  | 1.6 | % |  |  | 1.8 | %
2017 |  |  | 15 |  |  |  | 12,600 |  |  |  | 6.5 | % |  |  | 5.7 | %
2018 |  |  | 30 |  |  |  | 11,909 |  |  |  | 6.2 | % |  |  | 7.5 | %
2019 |  |  | 22 |  |  |  | 15,300 |  |  |  | 7.9 | % |  |  | 8.1 | %
2020 |  |  | 15 |  |  |  | 11,292 |  |  |  | 5.9 | % |  |  | 7.7 | %
2021 |  |  | 11 |  |  |  | 11,358 |  |  |  | 5.9 | % |  |  | 6.0 | %
2022 |  |  | 5 |  |  |  | 4,913 |  |  |  | 2.6 | % |  |  | 3.5 | %
2023 |  |  | 6 |  |  |  | 5,839 |  |  |  | 3.0 | % |  |  | 3.6 | %
2024 |  |  | 9 |  |  |  | 6,848 |  |  |  | 3.6 | % |  |  | 3.9 | %
2025 |  |  | 19 |  |  |  | 16,303 |  |  |  | 8.5 | % |  |  | 9.0 | %
Thereafter |  |  | 71 |  |  |  | 93,245 |  |  |  | 48.4 | % |  |  | 39.9 | %
Total (1) |  |  | 208 |  |  | $ | 192,593 |  |  |  | 100.0 | % |  |  |  |

Footnotes

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

| 28 |

LEXINGTON REALTY TRUST

Lease Rollover Schedule - Consolidated Properties GAAP Basis

6/30/2016

($000)

Year |  | Number of Leases Expiring |  |  | GAAP Rent as of 6/30/2016 |  |  | Percent of GAAP Rent as of 6/30/2016 |
2016 - remaining |  |  | 28 |  |  | $ | 3,246 |  |  |  | 1.7 | %
2017 |  |  | 25 |  |  |  | 12,836 |  |  |  | 6.5 | %
2018 |  |  | 43 |  |  |  | 13,054 |  |  |  | 6.6 | %
2019 |  |  | 25 |  |  |  | 15,774 |  |  |  | 8.0 | %
2020 |  |  | 16 |  |  |  | 11,335 |  |  |  | 5.8 | %
2021 |  |  | 17 |  |  |  | 12,866 |  |  |  | 6.5 | %
2022 |  |  | 5 |  |  |  | 4,913 |  |  |  | 2.5 | %
2023 |  |  | 6 |  |  |  | 5,839 |  |  |  | 3.0 | %
2024 |  |  | 9 |  |  |  | 6,848 |  |  |  | 3.5 | %
2025 |  |  | 20 |  |  |  | 16,508 |  |  |  | 8.4 | %
Thereafter |  |  | 71 |  |  |  | 93,245 |  |  |  | 47.5 | %
Total (1) |  |  | 265 |  |  | $ | 196,464 |  |  |  | 100.0 | %

Footnotes

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

| 29 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | 7/8/2016 |  | 1460 Tobias Gadson Blvd. |  | Charleston |  | SC |  |  | 13 |  |  | Hagemeyer North America, Inc. |  |  | 29,652 |  |  |  | 592 |  |  |  | 258 |  |  |  | 7,138 |  |  | 02/2021
|  | 7/14/2016 |  | 1400 Northeast McWilliams Rd. |  | Bremerton |  | WA |  |  | 4 |  |  | Nextel West Corporation (Nextel Finance Company) |  |  | 60,200 |  |  |  | 608 |  |  |  | 608 |  |  |  | 5,479 |  |  | N/A
|  | 10/31/2016 |  | 104 & 110 South Front St. |  | Memphis |  | TN |  |  | — |  |  | Hnedak Bobo Group, Inc. |  |  | 37,229 |  |  |  | 251 |  |  |  | 259 |  |  |  | 3,520 |  |  | 01/2017
2017 |  | 1/31/2017 |  | 10300 Kincaid Dr. |  | Fishers |  | IN |  |  | 16 |  |  | Roche Diagnostics Operations, Inc. |  |  | 193,000 |  |  |  | 2,748 |  |  |  | 1,785 |  |  |  | - |  |  | -
|  |  |  | 1311 Broadfield Blvd. |  | Houston |  | TX |  |  | 5 |  |  | Transocean Offshore Deepwater Drilling, Inc. (Transocean Sedco Forex, Inc.) |  |  | 155,040 |  |  |  | 2,909 |  |  |  | 1,318 |  |  |  | - |  |  | -
|  | 3/31/2017 |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | Car-Tel Communications, Inc. |  |  | 1,220 |  |  |  | 28 |  |  |  | 28 |  |  |  | - |  |  | -
|  | 9/30/2017 |  | 9201 East Dry Creek Rd. |  | Centennial |  | CO |  |  | — |  |  | Arrow Electronics, Inc. |  |  | 128,500 |  |  |  | 1,516 |  |  |  | 1,383 |  |  |  | - |  |  | -
|  | 10/31/2017 |  | 4455 American Way |  | Baton Rouge |  | LA |  |  | — |  |  | New Cingular Wireless PCS, LLC |  |  | 70,100 |  |  |  | 529 |  |  |  | 539 |  |  |  | - |  |  | -
|  |  |  | 5201 West Barraque St. |  | Pine Bluff |  | AR |  |  | — |  |  | Entergy Services, Inc. |  |  | 27,189 |  |  |  | 160 |  |  |  | 194 |  |  |  | - |  |  | -
|  | 11/30/2017 |  | 6200 Northwest Pkwy. |  | San Antonio |  | TX |  |  | — |  |  | United HealthCare Services, Inc. / PacifiCare Healthsystems, LLC |  |  | 142,500 |  |  |  | 933 |  |  |  | 1,004 |  |  |  | - |  |  | -
|  | 12/1/2017 |  | 800 East Canal St. |  | Richmond |  | VA |  |  | — |  |  | CRG-Richmond Tenant, LLC |  |  | 51,450 |  |  |  | 301 |  |  |  | 301 |  |  |  | - |  |  | -
2018 |  | 1/31/2018 |  | 820 Gears Rd. |  | Houston |  | TX |  |  | — |  |  | Ricoh Americas Corporation |  |  | 78,895 |  |  |  | 577 |  |  |  | 549 |  |  |  | - |  |  | -
|  | 2/28/2018 |  | 850-950 Warrenville Rd. |  | Lisle |  | IL |  |  | — |  |  | Flexible Steel Lacing Company, d/b/a Flexco, Inc. |  |  | 7,535 |  |  |  | 71 |  |  |  | 71 |  |  |  | - |  |  | -
|  | 5/30/2018 |  | 13651 McLearen Rd. |  | Herndon |  | VA |  |  | — |  |  | United States of America |  |  | 159,644 |  |  |  | 1,701 |  |  |  | 1,826 |  |  |  | - |  |  | -
|  | 5/31/2018 |  | 8900 Freeport Pkwy. |  | Irving |  | TX |  |  | — |  |  | Pacific Union Financial, LLC. |  |  | 43,396 |  |  |  | 392 |  |  |  | 445 |  |  |  | - |  |  | -
|  | 6/30/2018 |  | 100 Barnes Rd. |  | Wallingford |  | CT |  |  | — |  |  | 3M Company |  |  | 44,400 |  |  |  | 254 |  |  |  | 258 |  |  |  | - |  |  | -
|  |  |  | 420 Riverport Rd. |  | Kingsport |  | TN |  |  | — |  |  | Kingsport Power Company |  |  | 42,770 |  |  |  | 64 |  |  |  | 155 |  |  |  | - |  |  | -
|  | 8/31/2018 |  | 2706 Media Center Dr. |  | Los Angeles |  | CA |  |  | — |  |  | Sony Electronics Inc. |  |  | 20,203 |  |  |  | 91 |  |  |  | 91 |  |  |  | - |  |  | -
|  |  |  | 3500 North Loop Rd. |  | McDonough |  | GA |  |  | — |  |  | Litton Loan Servicing LP |  |  | 62,218 |  |  |  | 475 |  |  |  | 665 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | CBC Restaurant Corp. |  |  | 8,070 |  |  |  | 106 |  |  |  | 112 |  |  |  | - |  |  | -
|  | 10/31/2018 |  | 3943 Denny Ave. |  | Pascagoula |  | MS |  |  | — |  |  | Huntington Ingalls Incorporated |  |  | 94,841 |  |  |  | 296 |  |  |  | 296 |  |  |  | - |  |  | -
|  | 12/22/2018 |  | 5200 Metcalf Ave. |  | Overland Park |  | KS |  |  | — |  |  | Swiss Re America Holding Corporation / Westport Insurance Corporation / Swiss Re Management (US) Corporation |  |  | 320,198 |  |  |  | 2,625 |  |  |  | 2,609 |  |  |  | 33,823 |  |  | 05/2019
2019 |  | 1/31/2019 |  | 2999 Southwest 6th St. |  | Redmond |  | OR |  |  | — |  |  | VoiceStream PCS I, LLC / T-Mobile West Corporation (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 734 |  |  |  | 881 |  |  |  | - |  |  | -
|  | 4/1/2019 |  | 9201 Stateline Rd. |  | Kansas City |  | MO |  |  | — |  |  | Swiss Re America Holding Corporation / Westport Insurance Corporation / Swiss Re Management (US) Corporation |  |  | 155,925 |  |  |  | 1,205 |  |  |  | 1,205 |  |  |  | 16,122 |  |  | 05/2019
|  | 6/19/2019 |  | 3965 Airways Blvd. |  | Memphis |  | TN |  |  | — |  |  | Federal Express Corporation |  |  | 521,286 |  |  |  | 3,507 |  |  |  | 3,507 |  |  |  | - |  |  | -
|  | 6/30/2019 |  | 3265 East Goldstone Dr. |  | Meridian |  | ID |  |  | — |  |  | VoiceStream PCS Holding, LLC / T-Mobile PCS Holdings, LLC (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 553 |  |  |  | 711 |  |  |  | 9,104 |  |  | 08/2019
|  |  |  | 1460 Tobias Gadson Blvd. |  | Charleston |  | SC |  |  | — |  |  | Hagemeyer North America, Inc. |  |  | 20,424 |  |  |  | 408 |  |  |  | 177 |  |  |  | - |  |  | -
|  | 7/15/2019 |  | 19019 North 59th Ave. |  | Glendale |  | AZ |  |  | — |  |  | Honeywell International Inc. |  |  | 252,300 |  |  |  | 951 |  |  |  | 949 |  |  |  | - |  |  | -
|  | 7/31/2019 |  | 500 Jackson St. |  | Columbus |  | IN |  |  | — |  |  | Cummins, Inc. |  |  | 390,100 |  |  |  | 2,270 |  |  |  | 2,381 |  |  |  | 18,830 |  |  | 07/2019
|  | 10/31/2019 |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  |  | — |  |  | John Wiley & Sons, Inc. |  |  | 123,416 |  |  |  | 1,135 |  |  |  | 1,142 |  |  |  | - |  |  | -
|  |  |  | 9601 Renner Blvd. |  | Lenexa |  | KS |  |  | — |  |  | VoiceStream PCS II Corporation (T-Mobile USA, Inc.) |  |  | 77,484 |  |  |  | 571 |  |  |  | 729 |  |  |  | 9,261 |  |  | 12/2019
|  | 12/31/2019 |  | 400 Butler Farm Rd. |  | Hampton |  | VA |  |  | — |  |  | Nextel Communications of the Mid-Atlantic, Inc. (Nextel Finance Company) |  |  | 100,632 |  |  |  | 503 |  |  |  | 506 |  |  |  | - |  |  | -
|  |  |  | 850-950 Warrenville Rd. |  | Lisle |  | IL |  |  | 4 |  |  | National-Louis University / James J. Benes & Associates, Inc. |  |  | 91,879 |  |  |  | 783 |  |  |  | 789 |  |  |  | 9,377 |  |  | N/A
2020 |  | 2/14/2020 |  | 5600 Broken Sound Blvd. |  | Boca Raton |  | FL |  |  | — |  |  | Canon Solutions America, Inc. (Oce - USA Holding, Inc.) |  |  | 143,290 |  |  |  | 1,122 |  |  |  | 1,221 |  |  |  | 19,497 |  |  | 02/2020
|  | 5/31/2020 |  | 2401 Cherahala Blvd. |  | Knoxville |  | TN |  |  | — |  |  | AdvancePCS, Inc. / CaremarkPCS, L.L.C. |  |  | 59,748 |  |  |  | 387 |  |  |  | 375 |  |  |  | - |  |  | -
|  | 6/30/2020 |  | 3711 San Gabriel |  | Mission |  | TX |  |  | — |  |  | VoiceStream PCS II Corporation / T-Mobile West Corporation |  |  | 75,016 |  |  |  | 495 |  |  |  | 469 |  |  |  | - |  |  | -
|  | 7/31/2020 |  | 13775 McLearen Rd. |  | Herndon |  | VA |  |  | 12 |  |  | Orange Business Services U.S., Inc. (Equant N.V.) |  |  | 132,617 |  |  |  | 831 |  |  |  | 882 |  |  |  | - |  |  | -
|  | 8/31/2020 |  | 133 First Park Dr. |  | Oakland |  | ME |  |  | — |  |  | Omnipoint Holdings, Inc. (T-Mobile USA, Inc.) |  |  | 78,610 |  |  |  | 573 |  |  |  | 722 |  |  |  | 8,740 |  |  | 10/2020
|  | 9/30/2020 |  | 600 Business Center Dr. |  | Lake Mary |  | FL |  |  | — |  |  | JPMorgan Chase Bank, National Association |  |  | 125,155 |  |  |  | 879 |  |  |  | 834 |  |  |  | - |  |  | -
|  |  |  | 9200 South Park Center Loop |  | Orlando |  | FL |  |  | — |  |  | Zenith Education Group, Inc. (ECMC Group, Inc.) |  |  | 59,927 |  |  |  | 568 |  |  |  | 572 |  |  |  | 9,397 |  |  | 02/2017
|  |  |  | 550 International Parkway |  | Lake Mary |  | FL |  |  | — |  |  | JPMorgan Chase Bank, National Association |  |  | 125,920 |  |  |  | 881 |  |  |  | 839 |  |  |  | - |  |  | -
|  | 10/31/2020 |  | 12209 West Markham St. |  | Little Rock |  | AR |  |  | — |  |  | Entergy Arkansas, Inc. |  |  | 36,311 |  |  |  | 119 |  |  |  | 119 |  |  |  | - |  |  | -
2021 |  | 1/31/2021 |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | Morgan, Lewis & Bockius LLP |  |  | 289,432 |  |  |  | 2,148 |  |  |  | 2,177 |  |  |  | - |  |  | -
|  | 6/30/2021 |  | 1415 Wyckoff Rd. |  | Wall |  | NJ |  |  | — |  |  | New Jersey Natural Gas Company |  |  | 157,511 |  |  |  | 1,887 |  |  |  | 1,887 |  |  |  | 16,198 |  |  | 01/2021
|  |  |  | 2050 Roanoke Rd. |  | Westlake |  | TX |  |  | 11, 18 |  |  | Charles Schwab & Co, Inc. |  |  | 130,199 |  |  |  | 1,171 |  |  |  | 289 |  |  |  | - |  |  | -
|  | 8/31/2021 |  | 333 Three D Systems Cir. |  | Rock Hill |  | SC |  |  | — |  |  | 3D Systems Corporation |  |  | 80,028 |  |  |  | 344 |  |  |  | 335 |  |  |  | - |  |  | -

| 30 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 11/30/2021 |  | 29 South Jefferson Rd. |  | Whippany |  | NJ |  |  | — |  |  | CAE SimuFlite, Inc. (CAE INC.) |  |  | 123,734 |  |  |  | 1,164 |  |  |  | 1,266 |  |  |  | 13,463 |  |  | 11/2021
|  | 12/31/2021 |  | 2800 Waterford Lake Dr. |  | Midlothian |  | VA |  |  | — |  |  | Alstom Power, Inc. |  |  | 99,057 |  |  |  | 1,092 |  |  |  | 1,128 |  |  |  | - |  |  | -
2022 |  | 6/30/2022 |  | 8555 South River Pkwy. |  | Tempe |  | AZ |  |  | — |  |  | DA Nanomaterials L.L.C./ Air Products and Chemicals, Inc. |  |  | 95,133 |  |  |  | 863 |  |  |  | 811 |  |  |  | - |  |  | -
|  | 7/31/2022 |  | 1440 E 15th Street |  | Tucson |  | AZ |  |  | — |  |  | CoxCom, LLC |  |  | 28,591 |  |  |  | 280 |  |  |  | 280 |  |  |  | - |  |  | -
|  | 11/30/2022 |  | 4201 Marsh Ln. |  | Carrollton |  | TX |  |  | — |  |  | Carlson Restaurants Inc. (Carlson, Inc.) |  |  | 130,000 |  |  |  | 933 |  |  |  | 1,080 |  |  |  | - |  |  | -
|  | 12/31/2022 |  | 231 N. Martingale Rd. |  | Schaumburg |  | IL |  |  | — |  |  | CEC Educational Services, LLC (Career Education Corporation) |  |  | 317,198 |  |  |  | 2,167 |  |  |  | 2,199 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 1315 West Century Dr. |  | Louisville |  | CO |  |  | — |  |  | Rogue Wave Software, Inc. |  |  | 20,000 |  |  |  | 120 |  |  |  | 93 |  |  |  | - |  |  | -
|  | 3/31/2023 |  | 8900 Freeport Pkwy. |  | Irving |  | TX |  |  | — |  |  | Nissan Motor Acceptance Corporation (Nissan North America, Inc.) |  |  | 225,049 |  |  |  | 1,713 |  |  |  | 1,822 |  |  |  | - |  |  | -
|  | 12/14/2023 |  | 3333 Coyote Hill Rd. |  | Palo Alto |  | CA |  |  | — |  |  | Xerox Corporation |  |  | 202,000 |  |  |  | 3,321 |  |  |  | 3,535 |  |  |  | 45,924 |  |  | 12/2023
2024 |  | 2/14/2024 |  | 1362 Celebration Blvd. |  | Florence |  | SC |  |  | — |  |  | MED3000, Inc. |  |  | 32,000 |  |  |  | 287 |  |  |  | 276 |  |  |  | - |  |  | -
|  | 5/31/2024 |  | 3476 Stateview Blvd. |  | Fort Mill |  | SC |  |  | — |  |  | Wells Fargo Bank, N.A. |  |  | 169,083 |  |  |  | 976 |  |  |  | 920 |  |  |  | - |  |  | -
|  |  |  | 3480 Stateview Blvd. |  | Fort Mill |  | SC |  |  | — |  |  | Wells Fargo Bank, N.A. |  |  | 169,218 |  |  |  | 1,013 |  |  |  | 921 |  |  |  | - |  |  | -
|  | 8/31/2024 |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  |  | — |  |  | RGN-Indianapolis I, LLC |  |  | 14,236 |  |  |  | 146 |  |  |  | 146 |  |  |  | - |  |  | -
|  | 10/31/2024 |  | 1409 Centerpoint Blvd. |  | Knoxville |  | TN |  |  | — |  |  | Alstom Power, Inc. |  |  | 84,404 |  |  |  | 627 |  |  |  | 572 |  |  |  | - |  |  | -
|  | 12/31/2024 |  | 12000 & 12025 Tech Center Dr. |  | Livonia |  | MI |  |  | — |  |  | Kelsey-Hayes Company (TRW Automotive Inc.) |  |  | 180,230 |  |  |  | 845 |  |  |  | 803 |  |  |  | - |  |  | -
2025 |  | 1/31/2025 |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  |  | — |  |  | Triumph Aerostructures, LLC (Triumph Group, Inc.) |  |  | 111,409 |  |  |  | 809 |  |  |  | 836 |  |  |  | - |  |  | -
|  | 2/28/2025 |  | 6555 Sierra Dr. |  | Irving |  | TX |  |  | — |  |  | TXU Energy Retail Company, LLC (Texas Competitive Electric Holdings Company, LLC) |  |  | 247,254 |  |  |  | 1,402 |  |  |  | 1,503 |  |  |  | - |  |  | -
|  |  |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  |  | — |  |  | Cyient, Inc. (Infotech Enterprise Limited) |  |  | 13,590 |  |  |  | 99 |  |  |  | 102 |  |  |  | - |  |  | -
|  | 3/14/2025 |  | 601 & 701 Experian Pkwy. |  | Allen |  | TX |  |  | — |  |  | Experian Information Solutions, Inc. / TRW, Inc.(Experian Holdings, Inc.) |  |  | 292,700 |  |  |  | 1,483 |  |  |  | 1,537 |  |  |  | - |  |  | -
|  | 3/31/2025 |  | 2706 Media Center Dr. |  | Los Angeles |  | CA |  |  | — |  |  | Bank of America, National Association |  |  | 62,323 |  |  |  | 455 |  |  |  | 442 |  |  |  | - |  |  | -
|  | 5/31/2025 |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | TruMark Financial Credit Union |  |  | 2,641 |  |  |  | 119 |  |  |  | 119 |  |  |  | - |  |  | -
|  | 6/30/2025 |  | 2500 Patrick Henry Pkwy. |  | McDonough |  | GA |  |  | — |  |  | Georgia Power Company |  |  | 111,911 |  |  |  | 711 |  |  |  | 664 |  |  |  | - |  |  | -
|  | 9/30/2025 |  | 10001 Richmond Ave. |  | Houston |  | TX |  |  | — |  |  | Schlumberger Holdings Corp. |  |  | 554,385 |  |  |  | 3,019 |  |  |  | 2,633 |  |  |  | - |  |  | -
|  | 11/30/2025 |  | 11707 Miracle Hills Dr. |  | Omaha |  | NE |  |  | — |  |  | Wipro Data Center and Cloud Services, Inc. (Infocrossing, Inc.) |  |  | 85,200 |  |  |  | 583 |  |  |  | 583 |  |  |  | - |  |  | -
|  | 12/31/2025 |  | 2005 East Technology Cir. |  | Tempe |  | AZ |  |  | — |  |  | Wipro Data Center and Cloud Services, Inc. (Infocrossing, Inc.) |  |  | 60,000 |  |  |  | 564 |  |  |  | 564 |  |  |  | - |  |  | -
|  |  |  | 4001 International Pkwy. |  | Carrollton |  | TX |  |  | — |  |  | Motel 6 Operating, LP |  |  | 138,443 |  |  |  | 1,113 |  |  |  | 1,065 |  |  |  | - |  |  | -
2026 |  | 3/31/2026 |  | 500 Olde Worthington Rd. |  | Westerville |  | OH |  |  | — |  |  | InVentiv Communications, Inc. |  |  | 97,000 |  |  |  | 553 |  |  |  | 281 |  |  |  | - |  |  | -
|  | 4/30/2026 |  | 2000 Eastman Dr. |  | Milford |  | OH |  |  | — |  |  | Siemens Real Estate |  |  | 221,215 |  |  |  | 1,289 |  |  |  | 1,238 |  |  |  | - |  |  | -
|  |  |  | 800 East Canal St. |  | Richmond |  | VA |  |  | — |  |  | Richmond Belly Ventures, LLC (David Duke, Lauren Duke, Terrence Kee, Cara Kee and John Bokel) |  |  | 2,568 |  |  |  | 13 |  |  |  | 13 |  |  |  | - |  |  | -
|  | 6/30/2026 |  | 10419 North 30th St. |  | Tampa |  | FL |  |  | 9 |  |  | Time Customer Service, Inc. / Time Incorporated |  |  | 132,981 |  |  |  | 416 |  |  |  | 689 |  |  |  | - |  |  | -
|  | 8/31/2026 |  | 2211 South 47th St. |  | Phoenix |  | AZ |  |  | — |  |  | Avnet, Inc. |  |  | 176,402 |  |  |  | 1,336 |  |  |  | 1,102 |  |  |  | - |  |  | -
|  | 11/30/2026 |  | 500 Kinetic Dr. |  | Huntington |  | WV |  |  | — |  |  | AMZN WVCS LLC (Amazon.com, Inc.) |  |  | 68,693 |  |  |  | 634 |  |  |  | 545 |  |  |  | 6,500 |  |  | 02/2017
|  | 12/29/2026 |  | 5500 New Albany Rd. |  | Columbus |  | OH |  |  | — |  |  | Evans, Mechwart, Hambleton & Tilton, Inc. |  |  | 104,807 |  |  |  | 869 |  |  |  | 822 |  |  |  | - |  |  | -
2027 |  | 1/31/2027 |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | Drybar Holdings LLC |  |  | 1,975 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  | 4/30/2027 |  | 1315 West Century Dr. |  | Louisville |  | CO |  |  | — |  |  | Global Healthcare Exchange, Inc. (Global Healthcare Exchange, LLC) |  |  | 86,877 |  |  |  | 644 |  |  |  | 593 |  |  |  | - |  |  | -
|  | 6/30/2027 |  | 3902 Gene Field Rd. |  | St. Joseph |  | MO |  |  | — |  |  | Boehringer Ingelheim Vetmedica, Inc. (Boehringer Ingelheim USA Corporation) |  |  | 98,849 |  |  |  | 996 |  |  |  | 911 |  |  |  | - |  |  | -
|  | 7/6/2027 |  | 2221 Schrock Rd. |  | Columbus |  | OH |  |  | — |  |  | MS Consultants, Inc. |  |  | 42,290 |  |  |  | 320 |  |  |  | 297 |  |  |  | - |  |  | -
|  | 8/7/2027 |  | 25 Lakeview Dr. |  | Jessup |  | PA |  |  | — |  |  | TMG Health, Inc. |  |  | 150,000 |  |  |  | 1,250 |  |  |  | 1,014 |  |  |  | - |  |  | -
|  | 10/31/2027 |  | 11201 Renner Blvd. |  | Lenexa |  | KS |  |  | — |  |  | United States of America |  |  | 169,585 |  |  |  | 3,050 |  |  |  | 2,175 |  |  |  | 35,831 |  |  | 11/2027
|  | 11/30/2027 |  | 1700 Millrace Dr. |  | Eugene |  | OR |  |  | 10 |  |  | Oregon Research Institute / Educational Policy Improvement Center |  |  | 80,011 |  |  |  | 1,042 |  |  |  | 863 |  |  |  | - |  |  | -
|  | 12/31/2027 |  | 333 Mt. Hope Ave. |  | Rockaway |  | NJ |  |  | — |  |  | Atlantic Health System, Inc. |  |  | 92,326 |  |  |  | 597 |  |  |  | 658 |  |  |  | - |  |  | -
2028 |  | 4/30/2028 |  | 9655 Maroon Cir. |  | Englewood |  | CO |  |  | — |  |  | TriZetto Corporation |  |  | 166,912 |  |  |  | 1,922 |  |  |  | 1,777 |  |  |  | - |  |  | -
2029 |  | 1/31/2029 |  | 6226 West Sahara Ave. |  | Las Vegas |  | NV |  |  | — |  |  | Nevada Power Company |  |  | 282,000 |  |  |  | 2,126 |  |  |  | 1,544 |  |  |  | - |  |  | -
|  | 3/31/2029 |  | 2800 High Meadow Cir. |  | Auburn Hills |  | MI |  |  | — |  |  | Faurecia USA Holdings, Inc. |  |  | 278,000 |  |  |  | 1,773 |  |  |  | 1,573 |  |  |  | - |  |  | -

| 31 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
OFFICE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2030 |  | 7/31/2030 |  | 3940 South Teller St. |  | Lakewood |  | CO |  |  | 22 |  |  | Addenbrooke Classical Academy |  |  | 68,165 |  |  |  | 174 |  |  |  | 192 |  |  |  | - |  |  | -
|  | 8/31/2030 |  | 800 East Canal St. |  | Richmond |  | VA |  |  | — |  |  | McGuireWoods LLP |  |  | 224,537 |  |  |  | 3,592 |  |  |  | 3,247 |  |  |  | 57,500 |  |  | 02/2031
|  | 9/30/2030 |  | 800 East Canal St. |  | Richmond |  | VA |  |  | — |  |  | CCA Industries, Inc. (The Riverstone Group, LLC), |  |  | 25,707 |  |  |  | 346 |  |  |  | 329 |  |  |  | - |  |  | -
2031 |  | 1/10/2031 |  | 810 Gears Rd. |  | Houston |  | TX |  |  | — |  |  | United States of America |  |  | 68,985 |  |  |  | 709 |  |  |  | 288 |  |  |  | - |  |  | -
|  | 3/1/2031 |  | 800 East Canal St. |  | Richmond |  | VA |  |  | — |  |  | Towne Bank |  |  | 26,047 |  |  |  | 446 |  |  |  | 220 |  |  |  | - |  |  | -
2032 |  | 10/31/2032 |  | 143 Diamond Ave. |  | Parachute |  | CO |  |  | — |  |  | Encana Oil and Gas (USA) Inc. (Alenco Inc.) |  |  | 49,024 |  |  |  | 642 |  |  |  | 547 |  |  |  | - |  |  | -
|  | 12/31/2032 |  | 3030 North 3rd St. |  | Phoenix |  | AZ |  |  | — |  |  | CopperPoint Mutual Insurance Company |  |  | 252,400 |  |  |  | 2,528 |  |  |  | 2,069 |  |  |  | - |  |  | -
2033 |  | 11/30/2033 |  | 1331 Capitol Ave. |  | Omaha |  | NE |  |  | — |  |  | The Gavilon Group, LLC |  |  | 127,810 |  |  |  | 1,655 |  |  |  | 1,441 |  |  |  | - |  |  | -
|  | 12/31/2033 |  | 3000 Busch Lake Blvd. |  | Tampa |  | FL |  |  | — |  |  | BluePearl Holdings, LLC |  |  | 17,000 |  |  |  | 252 |  |  |  | 252 |  |  |  | - |  |  | -
|  |  |  | 2910 Busch Lake Blvd. |  | Tampa |  | FL |  |  | — |  |  | BluePearl Holdings, LLC |  |  | 2,500 |  |  |  | 28 |  |  |  | 28 |  |  |  | - |  |  | -
|  |  |  | 2950 Busch Lake Blvd. |  | Tampa |  | FL |  |  | — |  |  | BluePearl Holdings, LLC |  |  | 8,000 |  |  |  | 80 |  |  |  | 80 |  |  |  | - |  |  | -
|  |  |  | 19311 SH 249 |  | Houston |  | TX |  |  | — |  |  | BluePearl Holdings, LLC |  |  | 12,622 |  |  |  | 113 |  |  |  | 113 |  |  |  | - |  |  | -
2039 |  | 3/31/2039 |  | 854 Paragon Way |  | Rock Hill |  | SC |  |  | — |  |  | Physicians Choice Laboratory Services, LLC |  |  | 104,497 |  |  |  | 946 |  |  |  | 964 |  |  |  | - |  |  | -
2088 |  | 8/8/2088 |  | 800 East Canal St. |  | Richmond |  | VA |  |  | — |  |  | The City of Richmond, Virginia |  |  | - |  |  |  | 213 |  |  |  | 213 |  |  |  | - |  |  | -
N/A |  | N/A |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | Parking Operations |  |  | - |  |  |  | 1,394 |  |  |  | 1,394 |  |  |  | - |  |  | -
|  | Vacancy |  | 10475 Crosspoint Blvd. |  | Indianapolis |  | IN |  |  | — |  |  | (Available for Lease) |  |  | 3,764 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 1701 Market St. |  | Philadelphia |  | PA |  |  | — |  |  | (Available for Lease) |  |  | 699 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 810 Gears Rd. |  | Houston |  | TX |  |  | — |  |  | (Available for Lease) |  |  | 9,910 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 1401 Nolan Ryan Expy. |  | Arlington |  | TX |  |  | — |  |  | (Available for Lease) |  |  | 36,809 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
OFFICE TOTAL/WEIGHTED AVERAGE |  |  |  |  |  |  |  |  |  | 99.6% Leased |  |  | 12,021,184 |  |  |  | 99,104 |  |  |  | 91,824 |  |  |  | 325,704 |  |  |

| 32 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq. Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
INDUSTRIAL PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | 7/31/2016 |  | 7111 Crabb Rd. |  | Temperance |  | MI |  | — |  | Michelin North America, Inc. |  |  | 744,570 |  |  |  | 1,143 |  |  |  | 1,143 |  |  |  | - |  |  | -
|  | 12/31/2016 |  | 2935 Van Vactor Dr. |  | Plymouth |  | IN |  | — |  | Bay Valley Foods, LLC |  |  | 300,500 |  |  |  | 392 |  |  |  | 413 |  |  |  | 5,745 |  |  | 09/2016
2017 |  | 4/30/2017 |  | 3600 Army Post Rd. |  | Des Moines |  | IA |  | — |  | HP Enterprise Services, LLC |  |  | 405,000 |  |  |  | 1,026 |  |  |  | 1,325 |  |  |  | - |  |  | -
|  | 5/31/2017 |  | 191 Arrowhead Dr. |  | Hebron |  | OH |  | — |  | Owens Corning Insulating Systems, LLC |  |  | 250,410 |  |  |  | 278 |  |  |  | 278 |  |  |  | - |  |  | -
|  |  |  | 200 Arrowhead Dr. |  | Hebron |  | OH |  | — |  | Owens Corning Insulating Systems, LLC |  |  | 400,522 |  |  |  | 445 |  |  |  | 445 |  |  |  | - |  |  | -
|  | 9/30/2017 |  | 250 Swathmore Ave. |  | High Point |  | NC |  | — |  | Steelcase Inc. |  |  | 244,851 |  |  |  | 543 |  |  |  | 571 |  |  |  | - |  |  | -
|  | 12/31/2017 |  | 2203 Sherrill Dr. |  | Statesville |  | NC |  | — |  | Ozburn-Hessey Logistics, LLC (OHH Acquisition Corporation) |  |  | 639,800 |  |  |  | 958 |  |  |  | 1,029 |  |  |  | - |  |  | -
2018 |  | 6/30/2018 |  | 1133 Poplar Creek Rd. |  | Henderson |  | NC |  | — |  | Staples, Inc. |  |  | 196,946 |  |  |  | 430 |  |  |  | 419 |  |  |  | - |  |  | -
|  |  |  | 1650-1654 Williams Rd. |  | Columbus |  | OH |  | — |  | ODW Logistics, Inc. |  |  | 772,450 |  |  |  | 671 |  |  |  | 673 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 50 Tyger River Dr. |  | Duncan |  | SC |  | — |  | Plastic Omnium Auto Exteriors, LLC |  |  | 221,833 |  |  |  | 512 |  |  |  | 512 |  |  |  | - |  |  | -
|  |  |  | 904 Industrial Rd. |  | Marshall |  | MI |  | — |  | Tenneco Automotive Operating Company, Inc. (Tenneco, Inc.) |  |  | 246,508 |  |  |  | 349 |  |  |  | 421 |  |  |  | - |  |  | -
|  | 12/31/2018 |  | 120 Southeast Pkwy. Dr. |  | Franklin |  | TN |  | — |  | Essex Group, Inc. (United Technologies Corporation) |  |  | 289,330 |  |  |  | 367 |  |  |  | 367 |  |  |  | - |  |  | -
|  |  |  | 749 Southrock Dr. |  | Rockford |  | IL |  | — |  | Jacobson Warehouse Company, Inc. (Jacobson Distribution Company, Inc. and Jacobson Transportation Company, Inc.) |  |  | 150,000 |  |  |  | 236 |  |  |  | 263 |  |  |  | - |  |  | -
2019 |  | 10/17/2019 |  | 10345 Philipp Pkwy. |  | Streetsboro |  | OH |  | — |  | L'Oreal USA S/D, Inc. (L’Oreal USA, Inc.) |  |  | 649,250 |  |  |  | 1,305 |  |  |  | 1,409 |  |  |  | 17,467 |  |  | 09/2019
|  | 12/31/2019 |  | 2415 US Hwy. 78 East |  | Moody |  | AL |  | — |  | Michelin North America, Inc. |  |  | 595,346 |  |  |  | 704 |  |  |  | 697 |  |  |  | - |  |  | -
|  |  |  | 3686 South Central Ave. |  | Rockford |  | IL |  | — |  | Pierce Packaging Co. |  |  | 93,000 |  |  |  | 153 |  |  |  | 153 |  |  |  | - |  |  | -
2020 |  | 1/31/2020 |  | 101 Michelin Dr. |  | Laurens |  | SC |  | — |  | Michelin North America, Inc. |  |  | 1,164,000 |  |  |  | 1,694 |  |  |  | 1,694 |  |  |  | - |  |  | -
|  | 3/31/2020 |  | 2425 Hwy. 77 North |  | Waxahachie |  | TX |  | — |  | James Hardie Building Products, Inc. (James Hardie NV & James Hardie Industries NV) |  |  | 335,610 |  |  |  | 1,700 |  |  |  | 1,700 |  |  |  | - |  |  | -
|  | 5/31/2020 |  | 359 Gateway Dr. |  | Lavonia |  | GA |  | — |  | TI Group Automotive Systems, LLC (TI Automotive Ltd.) |  |  | 133,221 |  |  |  | 476 |  |  |  | 600 |  |  |  | 7,517 |  |  | 12/2020
|  | 6/30/2020 |  | 3102 Queen Palm Dr. |  | Tampa |  | FL |  | — |  | Time Customer Service, Inc. (Time Incorporated) |  |  | 229,605 |  |  |  | 617 |  |  |  | 643 |  |  |  | - |  |  | -
|  | 9/30/2020 |  | 3350 Miac Cove Rd. |  | Memphis |  | TN |  | — |  | Mimeo.com, Inc. |  |  | 107,400 |  |  |  | 204 |  |  |  | 219 |  |  |  | - |  |  | -
|  | 12/19/2020 |  | 1901 Ragu Dr. |  | Owensboro |  | KY |  | 6 |  | Unilever Supply Chain, Inc. (Unilever United States, Inc.) |  |  | 443,380 |  |  |  | 746 |  |  |  | 598 |  |  |  | - |  |  | -
2021 |  | 3/31/2021 |  | 2455 Premier Row |  | Orlando |  | FL |  | — |  | Walgreen Co. / Walgreen Eastern Co. |  |  | 205,016 |  |  |  | 393 |  |  |  | 254 |  |  |  | - |  |  | -
|  | 5/31/2021 |  | 291 Park Center Dr. |  | Winchester |  | VA |  | — |  | Kraft Heinz Foods Company |  |  | 344,700 |  |  |  | 702 |  |  |  | 658 |  |  |  | - |  |  | -
|  | 9/30/2021 |  | 3820 Micro Dr. |  | Millington |  | TN |  | — |  | Ingram Micro L.P. (Ingram Micro Inc.) |  |  | 701,819 |  |  |  | 906 |  |  |  | 846 |  |  |  | - |  |  | -
|  | 10/25/2021 |  | 6938 Elm Valley Dr. |  | Kalamazoo |  | MI |  | — |  | Dana Commercial Vehicle Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 150,945 |  |  |  | 873 |  |  |  | 1,014 |  |  |  | - |  |  | -
|  | 11/30/2021 |  | 2880 Kenny Biggs Rd. |  | Lumberton |  | NC |  | — |  | Quickie Manufacturing Corporation |  |  | 423,280 |  |  |  | 678 |  |  |  | 697 |  |  |  | - |  |  | -
2022 |  | 3/31/2022 |  | 5417 Campus Dr. |  | Shreveport |  | LA |  | — |  | The Tire Rack, Inc. |  |  | 257,849 |  |  |  | 670 |  |  |  | 638 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 7670 Hacks Cross Rd. |  | Olive Branch |  | MS |  | — |  | MAHLE Aftermarket Inc. (MAHLE Industries, Incorporated) |  |  | 268,104 |  |  |  | 453 |  |  |  | 450 |  |  |  | - |  |  | -
|  | 12/31/2023 |  | 1601 Pratt Ave. |  | Marshall |  | MI |  | — |  | Autocam Corporation |  |  | 58,707 |  |  |  | 154 |  |  |  | 154 |  |  |  | - |  |  | -
2024 |  | 4/30/2024 |  | 113 Wells St. |  | North Berwick |  | ME |  | — |  | United Technologies Corporation |  |  | 993,685 |  |  |  | 902 |  |  |  | 984 |  |  |  | 4,124 |  |  | 04/2019
|  | 5/31/2024 |  | 901 East Bingen Point Way |  | Bingen |  | WA |  | — |  | The Boeing Company |  |  | 124,539 |  |  |  | 1,318 |  |  |  | 1,267 |  |  |  | - |  |  | -
|  | 10/31/2024 |  | 43955 Plymouth Oaks Blvd. |  | Plymouth |  | MI |  | — |  | Tower Automotive Operations USA I, LLC / Tower Automotive Products Inc. (Tower Automotive, Inc.) |  |  | 290,133 |  |  |  | 734 |  |  |  | 689 |  |  |  | - |  |  | -
2025 |  | 6/30/2025 |  | 10000 Business Blvd. |  | Dry Ridge |  | KY |  | — |  | Dana Light Axle Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 336,350 |  |  |  | 673 |  |  |  | 673 |  |  |  | - |  |  | -
|  |  |  | 301 Bill Bryan Rd. |  | Hopkinsville |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 424,904 |  |  |  | 844 |  |  |  | 844 |  |  |  | - |  |  | -
|  |  |  | 4010 Airpark Dr. |  | Owensboro |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 211,598 |  |  |  | 604 |  |  |  | 604 |  |  |  | - |  |  | -
|  |  |  | 730 North Black Branch Rd. |  | Elizabethtown |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 167,770 |  |  |  | 268 |  |  |  | 268 |  |  |  | - |  |  | -
|  |  |  | 750 North Black Branch Rd. |  | Elizabethtown |  | KY |  | — |  | Metalsa Structural Products, Inc. / Dana Structural Products, LLC (Dana Holding Corporation and Dana Limited) |  |  | 539,592 |  |  |  | 1,419 |  |  |  | 1,419 |  |  |  | - |  |  | -
|  | 7/14/2025 |  | 590 Ecology Ln. |  | Chester |  | SC |  | — |  | Boral Stone Products LLC (Boral Limited) |  |  | 420,597 |  |  |  | 832 |  |  |  | 1,129 |  |  |  | 8,402 |  |  | 08/2025
|  | 7/31/2025 |  | 7005 Cochran Rd. |  | Glenwillow |  | OH |  | — |  | Royal Appliance Mfg. Co. |  |  | 458,000 |  |  |  | 1,031 |  |  |  | 1,051 |  |  |  | 15,156 |  |  | 09/2016
|  | 12/31/2025 |  | 1700 47th Ave North |  | Minneapolis |  | MN |  | — |  | Owens Corning Roofing and Asphalt, LLC |  |  | 18,620 |  |  |  | 275 |  |  |  | 275 |  |  |  | - |  |  | -
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 |  |  |  | 1,269 |  |  |  | 2,166 |  |  |  | - |  |  | -
|  | 3/31/2026 |  | 633 Garrett Pkwy. |  | Lewisburg |  | TN |  | — |  | Calsonic Kansei North America, Inc. |  |  | 310,000 |  |  |  | 644 |  |  |  | 597 |  |  |  | - |  |  | -
|  | 6/30/2026 |  | 351 Chamber Dr. |  | Chillicothe |  | OH |  | — |  | The Kitchen Collection, Inc. |  |  | 475,218 |  |  |  | 580 |  |  |  | 545 |  |  |  | - |  |  | -
|  | 9/30/2026 |  | 900 Industrial Blvd. |  | Crossville |  | TN |  | — |  | Dana Commercial Vehicle Products, LLC |  |  | 222,200 |  |  |  | 289 |  |  |  | 289 |  |  |  | - |  |  | -
|  | 10/31/2026 |  | 5001 Greenwood Rd. |  | Shreveport |  | LA |  | — |  | Libbey Glass Inc. (Libbey Inc.) |  |  | 646,000 |  |  |  | 1,083 |  |  |  | 1,065 |  |  |  | 19,000 |  |  | 07/2017
|  | 11/30/2026 |  | 250 Rittenhouse Cir. |  | Bristol |  | PA |  | — |  | Northtec LLC (The Estée Lauder Companies Inc.) |  |  | 241,977 |  |  |  | 573 |  |  |  | 556 |  |  |  | - |  |  | -

| 33 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq. Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
INDUSTRIAL PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | 736 Addison Rd. |  | Erwin |  | NY |  | — |  | Corning Property Management Corporation |  |  | 408,000 |  |  |  | 616 |  |  |  | 667 |  |  |  | 7,669 |  |  | 10/2018
2027 |  | 2/28/2027 |  | 3456 Meyers Ave. |  | Memphis |  | TN |  | — |  | Sears, Roebuck and Co. / Sears Logistics Services |  |  | 780,000 |  |  |  | 847 |  |  |  | 796 |  |  |  | - |  |  | -
|  |  |  | 1501 Nolan Ryan Expy. |  | Arlington |  | TX |  | — |  | Arrow Electronics, Inc. |  |  | 74,739 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
|  |  |  | 554 Nissan Pkwy. |  | Canton |  | MS |  | — |  | Nissan North America, Inc. |  |  | 1,466,000 |  |  |  | 3,100 |  |  |  | 2,879 |  |  |  | - |  |  | -
|  | 4/30/2027 |  | 2424 Alpine Rd. |  | Eau Claire |  | WI |  | 20 |  | Silver Spring Foods, Inc. (Huntsinger Farms, Inc.) |  |  | 159,000 |  |  |  | 501 |  |  |  | 535 |  |  |  | - |  |  | -
|  | 12/31/2027 |  | 10590 Hamilton Ave. |  | Cincinnati |  | OH |  | — |  | The Hillman Group, Inc. |  |  | 264,598 |  |  |  | 406 |  |  |  | 391 |  |  |  | - |  |  | -
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 |  |  |  | 2,568 |  |  |  | 2,385 |  |  |  | 47,749 |  |  | 03/2028
|  | 8/31/2028 |  | 1420 Greenwood Rd. |  | McDonough |  | GA |  | 11, 19 |  | United States Cold Storage, Inc |  |  | 296,972 |  |  |  | 1,086 |  |  |  | 794 |  |  |  | 22,075 |  |  | 11/2017
2029 |  | 11/24/2029 |  | 318 Pappy Dunn Blvd. |  | Anniston |  | AL |  | — |  | International Automotive Components Group North America, Inc. |  |  | 276,782 |  |  |  | 870 |  |  |  | 798 |  |  |  | - |  |  | -
2030 |  | 3/31/2030 |  | 549 Wingo Rd. |  | Byhalia |  | MS |  | — |  | Asics America Corporation (Asics Corporation) |  |  | 855,878 |  |  |  | 2,174 |  |  |  | 1,939 |  |  |  | - |  |  | -
|  | 5/31/2030 |  | 3301 Stagecoach Rd. NE |  | Thomson |  | GA |  | — |  | Hollander Sleep Products, LLC (Hollander Home Fashions Holdings) |  |  | 208,000 |  |  |  | 465 |  |  |  | 419 |  |  |  | - |  |  | -
2031 |  | 5/31/2031 |  | 671 Washburn Switch Rd. |  | Shelby |  | NC |  | — |  | Clearwater Paper Corporation |  |  | 673,518 |  |  |  | 1,300 |  |  |  | 1,162 |  |  |  | - |  |  | -
2034 |  | 9/30/2034 |  | 5625 North Sloan Ln. |  | North Las Vegas |  | NV |  | — |  | Nicholas and Co., Inc. |  |  | 180,235 |  |  |  | 1,278 |  |  |  | 1,091 |  |  |  | - |  |  | -
|  | 10/31/2034 |  | 1001 Innovation Rd. |  | Rantoul |  | IL |  | — |  | Bell Sports, Inc. (Vista Outdoor, Inc.) |  |  | 813,126 |  |  |  | 2,085 |  |  |  | 1,772 |  |  |  | - |  |  | -
2035 |  | 3/31/2035 |  | 13863 Industrial Rd. |  | Houston |  | TX |  | — |  | Curtis Kelly, Inc. (Spitzer Industries, Inc.) |  |  | 187,800 |  |  |  | 1,218 |  |  |  | 1,012 |  |  |  | - |  |  | -
|  |  |  | 7007 F.M. 362 Rd. |  | Brookshire |  | TX |  | — |  | Orizon Industries, Inc. (Spitzer Industries, Inc.) |  |  | 262,095 |  |  |  | 955 |  |  |  | 794 |  |  |  | - |  |  | -
|  | 6/30/2035 |  | 111 West Oakview Pkwy. |  | Oak Creek |  | WI |  | — |  | Stella & Chewy's, LLC |  |  | 164,007 |  |  |  | 1,049 |  |  |  | 933 |  |  |  | - |  |  | -
|  | 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 |  |  |  | 6,566 |  |  |  | 5,396 |  |  |  | 110,000 |  |  | 01/2026
|  | 10/22/2035 |  | 2860 Clark St. |  | Detroit |  | MI |  | — |  | FCA US LLC (f/k/a Chrysler Group LLC) |  |  | 190,003 |  |  |  | 1,072 |  |  |  | 1,072 |  |  |  | - |  |  | -
2036 |  | 6/30/2036 |  | 100 Ryobi Drive |  | Anderson |  | SC |  | — |  | One World Technologies, Inc. (Techtronic Industries Co. Ltd.) |  |  | 1,327,022 |  |  |  | 26 |  |  |  | 21 |  |  |  | - |  |  | -
N/A |  | Vacancy |  | 3350 Miac Cove Rd. |  | Memphis |  | TN |  | — |  | (Available for Lease) |  |  | 32,679 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
INDUSTRIAL TOTAL/WEIGHTED AVERAGE |  |  |  |  |  | 99.9% Leased |  |  | 26,622,831 |  |  |  | 61,298 |  |  |  | 59,560 |  |  |  | 264,904 |  |  |

| 34 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
LAND AND INFRASTRUCTURE PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2029 |  | 1/31/2029 |  | 175 Holt Garrison Pkwy. |  | Danville |  | VA |  | — |  | Home Depot USA, Inc. |  |  | - |  |  |  | 108 |  |  |  | 130 |  |  |  | - |  |  | -
2032 |  | 4/30/2032 |  | 13930 Pike Rd. |  | Missouri City |  | TX |  | — |  | Vulcan Construction Materials, LP (Vulcan Materials Company) |  |  | - |  |  |  | 1,061 |  |  |  | 934 |  |  |  | - |  |  | -
2038 |  | 3/31/2038 |  | 13901/14035 Industrial Rd. |  | Houston |  | TX |  | — |  | Industrial Terminals Management, L.L.C. (Maritime Holdings (Delaware) LLC) |  |  | 132,449 |  |  |  | 3,386 |  |  |  | 2,778 |  |  |  | - |  |  | -
2048 |  | 12/31/2048 |  | 30 Light St |  | Baltimore |  | MD |  | — |  | 30 Charm City, LLC |  |  | - |  |  |  | 149 |  |  |  | 149 |  |  |  | - |  |  | -
2055 |  | 1/31/2055 |  | 499 Derbyshire Dr. |  | Venice |  | FL |  | — |  | Littlestone Brotherhood LLC |  |  | 31,180 |  |  |  | 954 |  |  |  | 642 |  |  |  | - |  |  | -
2112 |  | 8/31/2112 |  | 201-215 N. Charles St. |  | Baltimore |  | MD |  | — |  | 201 NC Leasehold LLC |  |  | - |  |  |  | 135 |  |  |  | 135 |  |  |  | - |  |  | -
|  | 10/31/2112 |  | 350 and 370-372 Canal St. |  | New York |  | NY |  | — |  | Tribeca Ascott LLC |  |  | - |  |  |  | 7,445 |  |  |  | 2,514 |  |  |  | 69,217 |  |  | 01/2027
|  |  |  | 309-313 West 39th St. |  | New York |  | NY |  | — |  | SM Ascott LLC |  |  | - |  |  |  | 8,686 |  |  |  | 2,933 |  |  |  | 80,761 |  |  | 01/2027
|  |  |  | 8-12 Stone St. |  | New York |  | NY |  | — |  | AL-Stone Ground Tenant LLC |  |  | - |  |  |  | 6,795 |  |  |  | 2,295 |  |  |  | 63,173 |  |  | 01/2027
LAND AND INFRASTRUCTURE TOTAL/WEIGHTED AVERAGE |  |  |  | 100.0% Leased |  |  | 163,629 |  |  |  | 28,719 |  |  |  | 12,510 |  |  |  | 213,151 |  |  |

| 35 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq.Ft. |  | Percentage Leased |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity |  |  |
MULTI-TENANT PROPERTIES (8,14) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | 11511 Luna Rd. |  | Farmers Branch |  | TX |  | 11 |  | International Business Machines Corporation |  | 180,507 |  |  | 37 | % |  |  | 1,239 |  |  |  | 992 |  |  |  | 18,365 |  |  |  | 07/2016 |  |  |
|  |  |  | 1200 Jupiter Rd. |  | Garland |  | TX |  |  |  | Available for lease |  | 278,759 |  |  | 0 | % |  |  | 676 |  |  |  | 627 |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 13430 North Black Canyon Fwy. |  | Phoenix |  | AZ |  | — |  | Multi-Tenant |  | 138,940 |  |  | 92 | % |  |  | 1,158 |  |  |  | 1,128 |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 1600 Eberhardt Rd. |  | Temple |  | TX |  | 4 |  | Nextel of Texas, Inc. (Nextel Finance Company) |  | 108,800 |  |  | 50 | % |  |  | 431 |  |  |  | 472 |  |  |  | 7,463 |  |  |  | N/A |  |  |
|  |  |  | 2210 Enterprise Dr. |  | Florence |  | SC |  | 11 |  | Caliber Funding, LLC |  | 176,557 |  |  | 21 | % |  |  | 355 |  |  |  | 379 |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 26555 Northwestern Pkwy. |  | Southfield |  | MI |  | — |  | Available for lease |  | 359,645 |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 275 Technology Dr. |  | Canonsburg |  | PA |  | — |  | Available for lease |  | 107,872 |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 33 Commercial St. A |  | Foxborough |  | MA |  | — |  | Available for lease |  | 84,441 |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 33 Commercial St. B |  | Foxborough |  | MA |  | 7 |  | Multi-Tenant |  | 76,278 |  |  | 11 | % |  |  | 75 |  |  |  | 75 |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 3165 McKelvey Rd. |  | Bridgeton |  | MO |  | — |  | BJC Health System |  | 51,067 |  |  | 50 | % |  |  | 201 |  |  |  | 217 |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 6050 Dana Way |  | Antioch |  | TN |  | — |  | Multi-Tenant |  | 674,528 |  |  | 98 | % |  |  | 1,121 |  |  |  | 1,115 |  |  |  | - |  |  |  | - |  |  |
|  |  |  | 700 US Hwy. Route 202-206 |  | Bridgewater |  | NJ |  | 4 |  | Available for lease |  | 115,558 |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | 14,118 |  |  |  | N/A |  |  |
|  |  |  | 700 Oakmont Ln. |  | Westmont |  | IL |  | — |  | Available for lease |  | 269,715 |  |  | 0 | % |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |
|  |  |  | King St./1042 Fort St. Mall |  | Honolulu |  | HI |  | — |  | Multi-Tenant |  | 77,459 |  |  | 62 | % |  |  | 358 |  |  |  | 358 |  |  |  | - |  |  |  | - |  |  |
MULTI-TENANT TOTAL/WEIGHTED AVERAGE |  |  |  |  |  | 38.1% Leased |  | 2,700,126 |  |  |  |  |  | $ | 5,614 |  |  | $ | 5,363 |  |  | $ | 39,946 |  |  |  |  |  |  |

| 36 |

LEXINGTON REALTY TRUST

Property Leases and Vacancies - Consolidated Portfolio - 6/30/2016

Year of Lease Expiration |  | Date of Lease Expiration |  | Property Location |  | City |  | State |  | Note |  | Primary Tenant (Guarantor) |  | Sq.Ft. Leased or Available (1) |  |  | GAAP Rent as of 6/30/2016 ($000) (3) |  |  | Cash Rent as of 6/30/2016 ($000) (2) |  |  | 6/30/2016 Debt Balance ($000) |  |  | Debt Maturity
RETAIL/SPECIALTY PROPERTIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2017 |  | 6/30/2017 |  | 1600 East 23rd St. |  | Chattanooga |  | TN |  | — |  | BI-LO, LLC |  |  | 42,130 |  |  |  | 64 |  |  |  | 64 |  |  |  | - |  |  | -
|  | 12/31/2017 |  | 11411 North Kelly Ave. |  | Oklahoma City |  | OK |  | — |  | American Golf Corporation |  |  | 13,924 |  |  |  | 162 |  |  |  | 237 |  |  |  | - |  |  | -
2018 |  | 2/26/2018 |  | 4831 Whipple Ave., NW |  | Canton |  | OH |  | — |  | Best Buy Co., Inc. |  |  | 46,350 |  |  |  | 233 |  |  |  | 233 |  |  |  | - |  |  | -
|  | 2/28/2018 |  | 291 Talbert Blvd. |  | Lexington |  | NC |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 23,000 |  |  |  | 69 |  |  |  | 69 |  |  |  | - |  |  | -
|  |  |  | 2411 West Beverly St. |  | Staunton |  | VA |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 23,000 |  |  |  | 83 |  |  |  | 83 |  |  |  | - |  |  | -
|  | 7/1/2018 |  | 1053 Mineral Springs Rd. |  | Paris |  | TN |  | — |  | The Kroger Co. |  |  | 31,170 |  |  |  | 84 |  |  |  | 80 |  |  |  | - |  |  | -
|  | 9/30/2018 |  | 835 Julian Ave. |  | Thomasville |  | NC |  | — |  | Mighty Dollar, LLC |  |  | 23,767 |  |  |  | 40 |  |  |  | 40 |  |  |  | - |  |  | -
|  | 10/31/2018 |  | 130 Midland Ave. |  | Port Chester |  | NY |  | — |  | St Anthony Supermarket Corp. (Anthony Pena, Marina Pena, Anthony Corona and Robert Corona) |  |  | 59,613 |  |  |  | 488 |  |  |  | 229 |  |  |  | - |  |  | -
|  |  |  | 5104 North Franklin Rd. |  | Lawrence |  | IN |  | — |  | Marsh Supermarkets, Inc. / Marsh Supermarkets, LLC |  |  | 28,721 |  |  |  | 97 |  |  |  | 97 |  |  |  | - |  |  | -
|  | 12/31/2018 |  | 1150 West Carl Sandburg Dr. |  | Galesburg |  | IL |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 94,970 |  |  |  | 164 |  |  |  | 21 |  |  |  | 465 |  |  | 07/2018
|  |  |  | 12080 Carmel Mountain Rd. |  | San Diego |  | CA |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 107,210 |  |  |  | 376 |  |  |  | 24 |  |  |  | 528 |  |  | 07/2018
|  |  |  | 21082 Pioneer Plaza Dr. |  | Watertown |  | NY |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 120,727 |  |  |  | 241 |  |  |  | 36 |  |  |  | 779 |  |  | 07/2018
|  |  |  | 255 Northgate Dr. |  | Manteca |  | CA |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 107,489 |  |  |  | 278 |  |  |  | 38 |  |  |  | 828 |  |  | 07/2018
|  |  |  | 5350 Leavitt Rd. |  | Lorain |  | OH |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 193,193 |  |  |  | 366 |  |  |  | 54 |  |  |  | 1,173 |  |  | 07/2018
|  |  |  | 97 Seneca Trail |  | Fairlea |  | WV |  | — |  | Kmart Corporation/ Project Bay Exchange LLC (Sears, Roebuck and Co.) |  |  | 90,933 |  |  |  | 173 |  |  |  | 25 |  |  |  | 547 |  |  | 07/2018
2019 |  | 3/31/2019 |  | B.E.C. 45th St./Lee Blvd. |  | Lawton |  | OK |  | — |  | Associated Wholesale Grocers, Inc. / Safeway, Inc. |  |  | 30,757 |  |  |  | 94 |  |  |  | 93 |  |  |  | - |  |  | -
|  | 12/31/2019 |  | 1066 Main St. |  | Forest Park |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 14,859 |  |  |  | 99 |  |  |  | 99 |  |  |  | - |  |  | -
|  |  |  | 1698 Mountain Industrial Blvd. |  | Stone Mountain |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 5,704 |  |  |  | 48 |  |  |  | 48 |  |  |  | - |  |  | -
|  |  |  | 201 West Main St. |  | Cumming |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 14,208 |  |  |  | 99 |  |  |  | 99 |  |  |  | - |  |  | -
|  |  |  | 2223 North Druid Hills Rd. |  | Atlanta |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 6,260 |  |  |  | 56 |  |  |  | 56 |  |  |  | - |  |  | -
|  |  |  | 4545 Chamblee – Dunwoody Rd. |  | Dunwoody |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 4,565 |  |  |  | 44 |  |  |  | 44 |  |  |  | - |  |  | -
|  |  |  | 825 Southway Dr. |  | Jonesboro |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 4,894 |  |  |  | 39 |  |  |  | 39 |  |  |  | - |  |  | -
|  |  |  | 956 Ponce de Leon Ave. |  | Atlanta |  | GA |  | — |  | Bank of America, N.A. (Bank of America Corporation) |  |  | 3,900 |  |  |  | 39 |  |  |  | 39 |  |  |  | - |  |  | -
2023 |  | 2/28/2023 |  | 733 East Main St. |  | Jefferson |  | NC |  | — |  | Food Lion, LLC / Delhaize America, Inc. |  |  | 34,555 |  |  |  | 78 |  |  |  | 80 |  |  |  | - |  |  | -
2026 |  | 5/31/2026 |  | 6910 South Memorial Hwy. |  | Tulsa |  | OK |  | — |  | Toys “R” Us, Inc. / Toys "R" Us-Delaware, Inc. |  |  | 43,123 |  |  |  | 118 |  |  |  | 118 |  |  |  | - |  |  | -
2028 |  | 8/31/2028 |  | 9803 Edmonds Way |  | Edmonds |  | WA |  | — |  | Puget Consumers Co-op d/b/a PCC Natural Markets |  |  | 35,459 |  |  |  | 323 |  |  |  | 323 |  |  |  | - |  |  | -
|  | 11/30/2028 |  | 832 N. Westover Blvd . |  | Albany |  | GA |  | — |  | Gander Mountain Company |  |  | 45,554 |  |  |  | 347 |  |  |  | 314 |  |  |  | - |  |  | -
2043 |  | 2/28/2043 |  | 1237 W. Sherman Ave. |  | Vineland |  | NJ |  | — |  | HealthSouth Rehabilitation Hospital of South Jersey, LLC (HealthSouth Corporation) |  |  | 39,287 |  |  |  | 564 |  |  |  | 564 |  |  |  | - |  |  | -
N/A |  | Vacancy |  | 1084 East Second St. |  | Franklin |  | OH |  | 7 |  | (Available for Lease) |  |  | 29,119 |  |  |  | - |  |  |  | - |  |  |  | - |  |  | -
RETAIL/SPECIALTY TOTAL/WEIGHTED AVERAGE |  |  |  |  |  | 97.8% Leased |  |  | 1,318,441 |  |  |  | 4,866 |  |  |  | 3,246 |  |  |  | 4,320 |  |  |
TOTAL CONSOLIDATED PORTFOLIO/WEIGHTED AVERAGE |  | 95.8% Leased (17) |  |  | 42,826,211 |  |  |  | 199,601 |  |  |  | 172,503 |  |  |  | 848,025 |  |  |

Footnotes
1 | Square foot leased or available.
2 | Six months ended 6/30/2016 cash rent. See definitions of non-GAAP measures and reconciliations to applicable GAAP measures in this document.
3 | Six months ended 6/30/2016 GAAP rent.
4 | Mortgage encumbering the property is in default.
5 | Tenant terminated its lease effective 1/31/2017 for a cash payment of $3.5 million received in 2015.
6 | Lexington has a 71.1% interest in this property.
7 | Property sold subsequent to 6/30/2016.
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 received in 2015; however, termination rescinded and lease extended in 2Q 2016.
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 received in 2015.
14 | The multi-tenanted properties incurred approximately $3.1 million in operating expenses, net for the six months ended 6/30/2016.
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 | Consolidated portfolio is 96.2% leased, excluding properties owned subject to mortgages in default.
18 | TD Auto Finance LLC lease terminated effective 2/29/2016 for a payment of $7.7 million, which was paid in April 2016. New lease with Charles Schwab & Co. Inc. commenced 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. commenced 4/16/2016.
20 | Tenant exercised purchase option for $13.6 million. Property classified as held for sale.
21 | ConAgra Foods, Inc. provides credit support.
22 | Tenant exercised purchase option for $11.5 million. Property classified as held for sale.

| 37 |

LEXINGTON REALTY TRUST

Select Credit Metrics Summary (1)

|  | 6/30/2016
Adjusted Company FFO Payout Ratio |  | 57.6%
Unencumbered Assets (2) |  | $3.28 billion
Unencumbered NOI |  | 69.7%
(Debt + Preferred) / Gross Assets |  | 44.2%
Debt/Gross Assets |  | 42.3%
Secured Debt / Gross Assets |  | 16.9%
Net Debt / Adjusted EBITDA |  | 6.2x
(Net Debt + Preferred) / Adjusted EBITDA |  | 6.5x
Credit Facilities Availability (3) |  | $277.0 million
Development / Gross Assets |  | 2.2%

Footnotes
(1) See page 51 for reconciliations of non-GAAP measures. Lexington believes these credit metrics provide investors with additional information to evaluate its liquidity and performance.
(2) Includes loans receivable.
(3) Subject to covenant compliance.

| 38 |

LEXINGTON REALTY TRUST

FINANCIAL COVENANTS (1)

Corporate Level Debt

|  | Must be: |  | 6/30/2016
Bank Loans: |  |  |  |
Maximum Leverage |  | < 60% |  | 46.6%
Fixed Charge Coverage |  | > 1.5X |  | 2.7X
Recourse Secured Indebtedness Ratio |  | < 10% cap value |  | 0.0%
Secured Indebtedness Ratio |  | < 45% |  | 19.0%
Unsecured Debt Service Coverage |  | > 2.0X |  | 4.9X
Unencumbered Leverage |  | < 60% |  | 39.5%
Bonds: |  |  |  |
Debt to Total Assets |  | < 60% |  | 43.5%
Secured Debt to Total Assets |  | < 40% |  | 17.4%
Debt Service Coverage |  | > 1.5X |  | 4.1X
Unencumbered Assets to Unsecured Debt |  | > 150% |  | 271.7%

Footnotes
(1) | The following is a summary of the key financial covenants for Lexington's credit facility and term loans and senior
| notes, as defined and calculated per the terms of the credit facility and term loans and senior notes, as applicable.
| These calculations are presented to show Lexington's compliance with such covenants only and are not measures
| of Lexington's liquidity or performance.

| 39 |

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

6/30/2016

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) (c) |  |  | Balloon Payment ($000) |
Mortgages with Balloons |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Temple, TX |  | (b) |  | $ | 7,463 |  |  |  | 6.090 | % |  | N/A |  | $ | - |  |  | $ | 7,463 |
Bridgewater, NJ |  | (b) |  |  | 14,118 |  |  |  | 5.732 | % |  | N/A |  |  | - |  |  |  | 14,118 |
Bremerton, WA |  | (b) |  |  | 5,479 |  |  |  | 6.090 | % |  | N/A |  |  | - |  |  |  | 5,479 |
Lisle, IL |  | (b) |  |  | 9,377 |  |  |  | 6.500 | % |  | N/A |  |  | - |  |  |  | 9,377 |
Farmers Branch, TX |  | (g) |  |  | 18,365 |  |  |  | 5.939 | % |  | 07/2016 |  |  | 93 |  |  |  | 18,363 |
Glenwillow, OH |  |  |  |  | 15,156 |  |  |  | 6.130 | % |  | 09/2016 |  |  | 183 |  |  |  | 15,132 |
Plymouth, IN |  |  |  |  | 5,745 |  |  |  | 6.315 | % |  | 09/2016 |  |  | 114 |  |  |  | 5,723 |
Memphis, TN |  |  |  |  | 3,520 |  |  |  | 5.710 | % |  | 01/2017 |  |  | 155 |  |  |  | 3,484 |
Huntington, WV |  |  |  |  | 6,500 |  |  |  | 4.150 | % |  | 02/2017 |  |  | 181 |  |  |  | 6,500 |
Orlando, FL |  |  |  |  | 9,397 |  |  |  | 5.722 | % |  | 02/2017 |  |  | 452 |  |  |  | 9,309 |
Shreveport, LA |  |  |  |  | 19,000 |  |  |  | 5.690 | % |  | 07/2017 |  |  | 1,096 |  |  |  | 19,000 |
McDonough, GA |  |  |  |  | 22,075 |  |  |  | 6.110 | % |  | 11/2017 |  |  | 1,674 |  |  |  | 21,651 |
Erwin, NY |  |  |  |  | 7,669 |  |  |  | 5.910 | % |  | 10/2018 |  |  | 728 |  |  |  | 6,637 |
Overland Park, KS |  |  |  |  | 33,823 |  |  |  | 5.891 | % |  | 05/2019 |  |  | 2,657 |  |  |  | 31,812 |
Kansas City, MO |  |  |  |  | 16,122 |  |  |  | 5.883 | % |  | 05/2019 |  |  | 1,268 |  |  |  | 15,179 |
Columbus, IN |  |  |  |  | 18,830 |  |  |  | 2.210 | % |  | 07/2019 |  |  | 4,757 |  |  |  | 4,993 |
Meridian, ID |  |  |  |  | 9,104 |  |  |  | 6.010 | % |  | 08/2019 |  |  | 753 |  |  |  | 7,675 |
Streetsboro, OH |  |  |  |  | 17,467 |  |  |  | 5.749 | % |  | 09/2019 |  |  | 1,344 |  |  |  | 16,338 |
Lenexa, KS |  |  |  |  | 9,261 |  |  |  | 6.270 | % |  | 12/2019 |  |  | 774 |  |  |  | 7,770 |
Boca Raton, FL |  |  |  |  | 19,497 |  |  |  | 6.470 | % |  | 02/2020 |  |  | 1,542 |  |  |  | 18,414 |
Oakland, ME |  |  |  |  | 8,740 |  |  |  | 5.930 | % |  | 10/2020 |  |  | 750 |  |  |  | 7,660 |
Lavonia, GA |  |  |  |  | 7,517 |  |  |  | 5.460 | % |  | 12/2020 |  |  | 741 |  |  |  | 5,895 |
Charleston, SC |  |  |  |  | 7,138 |  |  |  | 5.850 | % |  | 02/2021 |  |  | 520 |  |  |  | 6,632 |
Whippany, NJ |  |  |  |  | 13,463 |  |  |  | 6.298 | % |  | 11/2021 |  |  | 1,344 |  |  |  | 10,400 |
Chester, SC |  |  |  |  | 8,402 |  |  |  | 5.380 | % |  | 08/2025 |  |  | 1,144 |  |  |  | 362 |
Richland, WA |  |  |  |  | 110,000 |  |  |  | 4.000 | % |  | 01/2026 |  |  | 4,400 |  |  |  | 99,492 |
New York, NY |  | (d) |  |  | 213,151 |  |  |  | 4.660 | % |  | 01/2027 |  |  | 10,329 |  |  |  | 200,632 |
Lenexa, KS |  |  |  |  | 35,831 |  |  |  | 3.700 | % |  | 11/2027 |  |  | 3,025 |  |  |  | 10,000 |
Richmond, VA |  |  |  |  | 57,500 |  |  |  | 5.191 | % |  | 02/2031 |  |  | 3,026 |  |  |  | 53,176 |
Subtotal/Wtg. Avg./Years Remaining (i) |  |  |  | $ | 729,710 |  |  |  | 5.005 | % |  | 7.2 |  | $ | 43,050 |  |  | $ | 638,666 |

| 40 |

LEXINGTON REALTY TRUST

Consolidated Properties: Mortgages and Notes Payable

6/30/2016

Property |  | Footnotes |  | Debt Balance ($000) |  |  | Interest Rate (%) |  |  | Maturity (a) |  | Current Estimated Annual Debt Service ($000) (c) |  |  | Balloon Payment ($000) |
Full Amortizing Mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lorain, OH |  |  |  |  | 1,173 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 481 |  |  |  | - |
Manteca, CA |  |  |  |  | 828 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 339 |  |  |  | - |
Watertown, NY |  |  |  |  | 779 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 319 |  |  |  | - |
Fairlea, WV |  |  |  |  | 547 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 224 |  |  |  | - |
San Diego, CA |  |  |  |  | 528 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 216 |  |  |  | - |
Galesburg, IL |  |  |  |  | 465 |  |  |  | 7.750 | % |  | 07/2018 |  |  | 191 |  |  |  | - |
North Berwick, ME |  |  |  |  | 4,124 |  |  |  | 3.560 | % |  | 04/2019 |  |  | 1,532 |  |  |  | - |
Wall, NJ |  |  |  |  | 16,198 |  |  |  | 6.250 | % |  | 01/2021 |  |  | 3,774 |  |  |  | - |
Palo Alto, CA |  |  |  |  | 45,924 |  |  |  | 3.970 | % |  | 12/2023 |  |  | 7,059 |  |  |  | - |
Long Island City, NY |  |  |  |  | 47,749 |  |  |  | 3.500 | % |  | 03/2028 |  |  | 4,538 |  |  |  | - |
Subtotal/Wtg. Avg./Years Remaining (i) |  |  |  | $ | 118,315 |  |  |  | 4.216 | % |  | 8.4 |  | $ | 18,673 |  |  | $ | - |
Subtotal/Wtg. Avg./Years Remaining (i) |  |  |  | $ | 848,025 |  |  |  | 4.895 | % |  | 7.4 |  | $ | 61,723 |  |  | $ | 638,666 |
Corporate (h) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility |  | (l) |  | $ | 123,000 |  |  |  | 1.455 | % |  | 08/2019 |  | $ | 1,815 |  |  | $ | 123,000 |
Term Loan |  | (j) |  |  | 250,000 |  |  |  | 2.192 | % |  | 08/2020 |  |  | 5,556 |  |  |  | 250,000 |
Term Loan |  | (k) |  |  | 255,000 |  |  |  | 2.523 | % |  | 01/2021 |  |  | 6,523 |  |  |  | 255,000 |
Senior Notes |  |  |  |  | 250,000 |  |  |  | 4.250 | % |  | 06/2023 |  |  | 10,625 |  |  |  | 250,000 |
Senior Notes |  |  |  |  | 250,000 |  |  |  | 4.400 | % |  | 06/2024 |  |  | 11,000 |  |  |  | 250,000 |
Convertible Notes |  | (f) |  |  | 11,900 |  |  |  | 6.000 | % |  | 01/2030 |  |  | 714 |  |  |  | 11,900 |
Trust Preferred Notes |  | (e) |  |  | 129,120 |  |  |  | 6.804 | % |  | 04/2037 |  |  | 8,785 |  |  |  | 129,120 |
Subtotal/Wtg. Avg./Years Remaining (i) |  |  |  | $ | 1,269,020 |  |  |  | 3.532 | % |  | 7.0 |  | $ | 45,018 |  |  | $ | 1,269,020 |
Total/Wtg. Avg./Years Remaining (i) |  | (m) |  | $ | 2,117,045 |  |  |  | 4.078 | % |  | 7.2 |  | $ | 106,741 |  |  | $ | 1,907,686 |

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) | Remaining payments for debt with less than 12 months to maturity, all others are debt service for next 12 months.
(d) | Loan is cross-collateralized on three properties.
(e) | Rate fixed through 04/2017; thereafter, LIBOR plus 170 bps.
(f) | Holders have the right to redeem the notes on 01/15/17, 01/15/20 and 01/15/25. Subsequent to 6/30/2016, loan fully satisfied through common share issuances.
(g) | Loan satisfied subsequent to 6/30/16.
(h) | Unsecured.
(i) | Total shown may differ from detailed amounts due to rounding.
(j) | Rate ranges from LIBOR plus 0.90% to 1.75%. LIBOR rate fixed at 1.09% through February 2018 via interest rate swap agreements.
(k) | Rate ranges from LIBOR plus 0.90% to 1.75%. LIBOR rate fixed at 1.42% through January 2019 via interest rate swap agreements.
(l) | Rate ranges from LIBOR plus 0.85% and 1.55%.
(m) | See page 48 for a reconciliation to GAAP reported amounts.

| 41 |

LEXINGTON REALTY TRUST

Non- Consolidated Investments: Mortgages & Notes Payable

6/30/2016

Joint Venture |  | Debt Balance ($000) |  |  | LXP Proportionate Share ($000) (3) |  |  | Interest Rate (%) |  |  | Maturity |  | Current Estimated Annual Debt Service ($000) (4) |  |  | Balloon Payment ($000) |  |  | Proportionate Share Balloon Payment ($000) (3) |
Rehab Humble Lessee |  | $ | 14,220 |  |  | $ | 2,133 |  |  |  | 4.700 | % |  | 05/2017 |  | $ | 846 |  |  | $ | 13,982 |  |  | $ | 2,097 |
Gan Palm Beach Lessee |  |  | 14,320 |  |  |  | 3,580 |  |  |  | 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) |  | $ | 47,331 |  |  | $ | 8,532 |  |  |  | 4.052 | % |  | 1.7 |  | $ | 2,452 |  |  | $ | 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.
(4) | Remaining payments for debt with less than 12 months to maturity, all others are debt service for next 12 months.

| 42 |

LEXINGTON REALTY TRUST

Debt Maturity Schedule

6/30/2016

($000)

Consolidated Properties |
Year |  | Mortgage Scheduled Amortization |  |  | Mortgage Balloon Payments |  |  | Corporate Debt |
2016 - remaining |  | $ | 13,478 |  |  | $ | 75,655 |  |  | $ | - |
2017 |  |  | 26,460 |  |  |  | 59,944 |  |  |  | 11,900 | (2)
2018 |  |  | 26,246 |  |  |  | 6,637 |  |  |  | - |
2019 |  |  | 22,580 |  |  |  | 83,767 |  |  |  | 123,000 | (3)
2020 |  |  | 18,787 |  |  |  | 31,969 |  |  |  | 250,000 |
|  | $ | 107,551 |  |  | $ | 257,972 |  |  | $ | 384,900 |

Non-Consolidated Investments - LXP Proportionate Share |
Year |  | Mortgage Scheduled Amortization |  |  | Mortgage Balloon Payments |  |  |  |
2016 - remaining |  | $ | 59 |  |  | $ | - |  |  |  |  |
2017 |  |  | 94 |  |  |  | 2,097 |  |  |  |  |
2018 |  |  | 21 |  |  |  | 6,261 |  |  |  |  |
2019 |  |  | - |  |  |  | - |  |  |  |  |
2020 |  |  | - |  |  |  | - |  |  |  |  |
|  | $ | 174 |  |  | $ | 8,358 |  |  |  |  |

Footnotes

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

| (2) | Subsequent to June 30, 2016, debt satisfied through the issuance of common shares.

| (3) | Subsequent to June 30, 2016, $80.0 million repaid.

| 43 |

LEXINGTON REALTY TRUST

Mortgage Loans Receivable

6/30/2016

Collateral |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | City |  | State |  | Loan Balance ($000)(1) |  |  | Interest Rate |  |  | Maturity Date |  | Current Estimated Annual Debt Service ($000)(2) |  |  | Balloon Payment ($000) |
Office |  | Oklahoma City (3) |  | OK |  | $ | 8,501 |  |  |  | 11.50 | % |  | N/A |  | $ | - |  |  | $ | 8,420 |
Retail |  | Various |  | Various |  |  | 819 |  |  |  | 8.00 | % |  | 02/2021 |  |  | 219 |  |  |  | - |
|  | Various |  | Various |  |  | 388 |  |  |  | 8.00 | % |  | 12/2021 |  |  | 94 |  |  |  | - |
|  | Various |  | Various |  |  | 516 |  |  |  | 8.00 | % |  | 03/2022 |  |  | 112 |  |  |  | - |
Hospital |  | Kennewick |  | WA |  |  | 85,605 |  |  |  | 9.00 | % |  | 05/2022 |  |  | 7,438 |  |  |  | 87,245 |
|  | Total Mortgage Loans Receivable |  | $ | 95,829 |  |  |  |  |  |  |  |  | $ | 7,863 |  |  | $ | 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. Loan is in default.

| 44 |

LEXINGTON REALTY TRUST

Selected Balance Sheet and Income Statement Account Data

6/30/2016

($000)

Balance Sheet |  |  |
Other assets |  | $ | 17,535 |
The components of other assets are: |  |  |  |
Deposits |  | $ | 362 |
Equipment |  |  | 661 |
Prepaids |  |  | 2,859 |
Other receivables |  |  | 598 |
Deferred lease incentives |  |  | 12,929 |
Other |  |  | 126 |
Accounts payable and other liabilities |  |  |  |
The components of accounts payable and other liabilities are: |  | $ | 43,054 |
Accounts payable and accrued expenses |  | $ | 12,211 |
CIP accruals and other |  |  | 931 |
Taxes |  |  | 498 |
Deferred lease and loan costs |  |  | 4,790 |
Deposits |  |  | 834 |
Escrows |  |  | 1,069 |
Transaction / build-to-suit costs |  |  | 15,201 |
Interest rate swap derivative liability |  |  | 7,520 |
Income Statement - Six months ended June 30, 2016 |  |  |  |
Non-cash interest expense, net |  | $ | (49 | )

| 45 |

LEXINGTON REALTY TRUST

NON-GAAP MEASURES

DEFINITIONS

Lexington has used non-GAAP financial measures as defined by the Securities and Exchange Commission Regulation G in the Quarterly Earnings Release, in this Supplemental Operating and Financial Data Report and in other public disclosures.

Lexington believes that the measures defined below are helpful to investors in measuring our performance or that of an individual investment. Since these measures exclude certain items which are included in their respective most comparable Generally Accepted Accounting Principles (“GAAP”) measures, reliance on the measures has limitations; management compensates for these limitations by using the measures simply as supplemental measures that are weighed in balance with other GAAP measures. These measures are not necessarily indications of our cash flow available to fund cash needs. Additionally, they should not be used as an alternative to the respective most comparable GAAP measures when evaluating Lexington’s financial performance or cash flow from operating, investing, or financing activities or liquidity.

Definitions:

Adjusted EBITDA: Adjusted EBITDA represents EBITDA (earnings before interest, taxes, depreciation and amortization) modified to include other adjustments to GAAP net income for gains on sales of properties, impairment charges, debt satisfaction gains (charges), net, non-cash charges, net, straight-line adjustments and adjustments for pro-rata share of non-wholly owned entities. Lexington’s calculation of Adjusted EBITDA may not be comparable to similarly titled measures used by other companies. Lexington believes that net income is the most directly comparable GAAP measure to Adjusted EBITDA.

Cash Rent: Cash Rent is calculated by making adjustments to GAAP rent to remove the impact of GAAP required adjustments to rental income such as adjustments for straight-line rents related to free rent periods and contractual rent increases. Cash Rent excludes lease termination income. Lexington believes Cash Rent provides a meaningful indication of an investments ability to fund cash needs.

Funds from Operations (“FFO”) and Adjusted Company FFO: Lexington believes that Funds from Operations, or FFO, which is a non-GAAP measure, is a widely recognized and appropriate measure of the performance of an equity real estate investment trust (“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, or 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 non-consolidated 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 and also presents FFO available to all equityholders 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 Adjusted Company FFO available to all equityholders and unitholders - diluted which adjusts FFO available to all equityholders and unitholders - diluted for certain items which we believe are not indicative of the operating results of Lexington’s real estate portfolio. Lexington believes this is an appropriate presentation as it is frequently requested by security analysts, investors and other interested parties. Since others do not calculate these measures in a similar fashion, these measures may not be comparable to similarly titled measures as reported by others. These measures should not be considered as an alternative to net income as an indicator of Lexington’s operating performance or as an alternative to cash flow as a measure of liquidity.

GAAP and Cash Yield: GAAP and cash yields are measures of operating performance used to evaluate the individual performance of an investment. These measures are not presented or intended to be viewed as a liquidity or performance measure that present a numerical measure of Lexington’s historical or future financial performance, financial position or cash flows. The yield is calculated by dividing the annualized NOI (as defined below, except GAAP rent adjustments are added back to rental income to calculate GAAP yield) the investment is expected to generate (or has generated) divided by the acquisition/completion cost (or sale) price.

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LEXINGTON REALTY TRUST

NON-GAAP MEASURES

DEFINITIONS (CONTINUED)

Net Operating Income (NOI): NOI is a measure of operating performance used to evaluate the individual performance of an investment. This measure is not presented or intended to be viewed as a liquidity or performance measure that presents a numerical measure of Lexington's historical or future financial performance, financial position or cash flows. Lexington defines NOI as operating revenues (rental income (less GAAP rent adjustments and lease termination income), tenant reimbursements and other property income) less property operating expenses. Other REITs may use different methodologies for calculating NOI, and accordingly, Lexington’s NOI may not be comparable to other companies. Because NOI excludes general and administrative expenses, interest expense, depreciation and amortization, acquisition-related expenses, other nonproperty income and losses, and gains and losses from property dispositions, it provides a performance measure that, when compared year over year, reflects the revenues and expenses directly associated with owning and operating commercial real estate and the impact to operations from trends in occupancy rates, rental rates, and operating costs, providing a perspective on operations not immediately apparent from net income. Lexington believes that net income is the most directly comparable GAAP measure to NOI.

Same-Store NOI: Same-Store NOI represents the NOI for consolidated properties that were owned and included in our portfolio for two comparable reporting periods excluding properties encumbered by mortgage loans in default and the revenue associated with the expansion of properties. As Same-Store NOI excludes the change in NOI from acquired and disposed of properties and certain other properties, it highlights operating trends such as occupancy levels, rental rates and operating costs on properties. Other REITs may use different methodologies for calculating Same-Store NOI, and accordingly, Lexington’s Same-Store NOI may not be comparable to other REITs. Management believes that Same-Store NOI is a useful supplemental measure of Lexington’s operating performance. However, Same-Store NOI should not be viewed as an alternative measure of Lexington ’s financial performance since it does not reflect the operations of Lexington’s entire portfolio, nor does it reflect the impact of general and administrative expenses, acquisition-related expenses, interest expense, depreciation and amortization costs, other nonproperty income and losses, the level of capital expenditures and leasing costs necessary to maintain the operating performance of Lexington's properties, or trends in development and construction activities which are significant economic costs and activities that could materially impact Lexington’s results from operations. Lexington believes that net income is the most directly comparable GAAP measure to Same-Store NOI.

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LEXINGTON REALTY TRUST

RECONCILIATION OF NON-GAAP MEASURES

($000)

|  | Six months ended June 30, 2016 |
Cash Rent Reconciliation: |  |  |  |
Rental revenue as reported |  | $ | 205,206 |
Rental revenue from sold properties |  |  | (5,605 | )
GAAP rent per supplement |  |  | 199,601 |
GAAP rent adjustments: (1) |  |  |  |
Straight-line adjustments |  |  | (23,461 | )
Lease incentives |  |  | 806 |
Amortization of above/below market leases |  |  | 926 |
Lease termination income |  |  | (5,369 | )
Cash rent per supplement |  | $ | 172,503 |

Consolidated debt reconciliation June 30, 2016:

|  | GAAP Balance |  |  | Deferred Loan Costs, net |  |  | Discounts |  |  | Gross Balance |
Mortgages and notes payable (2) |  | $ | 838,385 |  |  | $ | 9,640 |  |  | $ | - |  |  | $ | 848,025 |
Revolving credit facility borrowings (3) |  |  | 123,000 |  |  |  | - |  |  |  | - |  |  |  | 123,000 |
Term loans payable (3) |  |  | 500,584 |  |  |  | 4,416 |  |  |  | - |  |  |  | 505,000 |
Senior notes payable(3) |  |  | 493,944 |  |  |  | 4,140 |  |  |  | 1,916 |  |  |  | 500,000 |
Convertible guaranteed notes payable (3) |  |  | 11,763 |  |  |  | 27 |  |  |  | 110 |  |  |  | 11,900 |
Trust preferred securities (3) |  |  | 127,046 |  |  |  | 2,074 |  |  |  | - |  |  |  | 129,120 |
Consolidated debt |  | $ | 2,094,722 |  |  | $ | 20,297 |  |  | $ | 2,026 |  |  | $ | 2,117,045 |

Footnotes

(1) Individual items are adjusted for sold properties, which are previously reflected in the reconciliation.

(2) Secured

(3) Unsecured

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LEXINGTON REALTY TRUST

RECONCILIATION OF NON-GAAP MEASURES (CONTINUED)

($000)

Same-Store NOI Reconciliation:

|  | Six months |
|  | June 30, 2016 |  |  | June 30, 2015 |
Net Income |  | $ | 100,137 |  |  | $ | 84,578 |
Interest and amortization expense |  |  | 45,572 |  |  |  | 46,395 |
Provision for income taxes |  |  | 637 |  |  |  | 393 |
Depreciation and amortization |  |  | 84,399 |  |  |  | 82,083 |
General and administrative |  |  | 15,522 |  |  |  | 15,793 |
Transaction costs |  |  | 214 |  |  |  | 714 |
Non-operating income |  |  | (6,420 | ) |  |  | (5,698 | )
Gains on sales of properties |  |  | (42,341 | ) |  |  | (23,151 | )
Impairment charges |  |  | 3,014 |  |  |  | 1,252 |
Debt satisfaction (gains) charges, net |  |  | 3,356 |  |  |  | (14,151 | )
Equity in earnings of non-consolidated entities |  |  | (6,054 | ) |  |  | (672 | )
Lease termination income |  |  | (6,386 | ) |  |  | (1,190 | )
Straight-line adjustments |  |  | (24,380 | ) |  |  | (22,343 | )
Lease incentives |  |  | 842 |  |  |  | 945 |
Amortization of above/below market leases |  |  | 955 |  |  |  | (444 | )
Net Operating Income - ("NOI") |  |  | 169,067 |  |  |  | 164,504 |
Less NOI: |  |  |  |  |  |  |  |
Disposed of properties |  |  | (3,612 | ) |  |  | (12,272 | )
Acquired properties |  |  | (18,587 | ) |  |  | (3,982 | )
Expansion revenue |  |  | (793 | ) |  |  | (530 | )
Properties in default |  |  | (1,771 | ) |  |  | (1,886 | )
Same-Store NOI |  | $ | 144,304 |  |  | $ | 145,834 |

NOI for NAV:

|  | Six months |
|  | June 30, 2016 |
NOI per above |  | $ | 169,067 |
Less NOI: |  |  |  |
Disposed of properties |  |  | (3,612 | )
Assets held for sale |  |  | (478 | )
Assets acquired in 2016 |  |  | (1,091 | )
Assets less than 70% leased / Other |  |  | (534 | )
NOI for NAV |  | $ | 163,352 |

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LEXINGTON REALTY TRUST

RECONCILIATION OF NON-GAAP MEASURES (CONTINUED)

($000)

Reconciliation to Adjusted EBITDA:

|  | Three months ended |  |  |  |
|  | 6/30/2016 |  |  | 3/31/2016 |  |  | 12/31/2015 |  |  | 9/30/2015 |  |  | Trailing 12 Months |
Net income (loss) attributable to Lexington Realty Trust shareholders |  | $ | 48,476 |  |  | $ | 49,769 |  |  | $ | 34,850 |  |  | $ | (5,984 | ) |  | $ | 127,111 |
Interest and amortization expense |  |  | 22,679 |  |  |  | 22,893 |  |  |  | 21,466 |  |  |  | 21,931 |  |  |  | 88,969 |
Provision for income taxes |  |  | 224 |  |  |  | 413 |  |  |  | 104 |  |  |  | 75 |  |  |  | 816 |
Depreciation and amortization |  |  | 41,272 |  |  |  | 43,127 |  |  |  | 41,403 |  |  |  | 39,712 |  |  |  | 165,514 |
Straight-line adjustments |  |  | (13,241 | ) |  |  | (11,139 | ) |  |  | (12,460 | ) |  |  | (12,899 | ) |  |  | (49,739 | )
Lease incentives |  |  | 419 |  |  |  | 423 |  |  |  | 387 |  |  |  | 212 |  |  |  | 1,441 |
Amortization of above/below market leases |  |  | 499 |  |  |  | 456 |  |  |  | 418 |  |  |  | 287 |  |  |  | 1,660 |
Gains on sales of properties |  |  | (25,326 | ) |  |  | (17,015 | ) |  |  | - |  |  |  | (1,733 | ) |  |  | (44,074 | )
Impairment charges |  |  | 3,014 |  |  |  | - |  |  |  | 2,762 |  |  |  | 32,818 |  |  |  | 38,594 |
Debt satisfaction (gains) charges, net |  |  | 3,194 |  |  |  | 162 |  |  |  | (11,397 | ) |  |  | 398 |  |  |  | (7,643 | )
Non-cash charges, net |  |  | 2,403 |  |  |  | 2,207 |  |  |  | 2,213 |  |  |  | 2,205 |  |  |  | 9,028 |
Pro-rata share adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-consolidated entities adjustment |  |  | 254 |  |  |  | (5,106 | ) |  |  | 52 |  |  |  | 609 |  |  |  | (4,191 | )
Noncontrolling interests' adjustment |  |  | 661 |  |  |  | 761 |  |  |  | 470 |  |  |  | 465 |  |  |  | 2,357 |
Adjusted EBITDA |  | $ | 84,528 |  |  | $ | 86,951 |  |  | $ | 80,268 |  |  | $ | 78,096 |  |  | $ | 329,843 |

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LEXINGTON REALTY TRUST

RECONCILIATION OF NON-GAAP MEASURES (CONTINUED)

($000)

Reconciliation of Select Credit Metrics:

Adjusted Company FFO Payout: |  | Six months ended June 30, 2016 |
Common share dividends per share |  | $ | 0.34 |
Adjusted Company FFO per diluted share |  | $ | 0.59 |
Adjusted Company FFO payout ratio |  |  | 57.6 | %
Unencumbered Assets: |  |  |  |
Real estate, at cost |  | $ | 4,518,973 |
held for sale real estate, at cost |  |  | 29,467 |
less encumbered real estate, at cost |  |  | (1,360,303 | )
Loans receivable, net |  |  | 95,829 |
Unencumbered assets |  | $ | 3,283,966 |
Unencumbered NOI: |  |  |  |
NOI |  | $ | 169,067 |
Disposed of properties NOI |  |  | (3,612 | )
Termination income |  |  | 5,369 |
Adjusted NOI |  |  | 170,824 |
less encumbered adjusted NOI |  |  | (51,779 | )
Unencumbered adjusted NOI |  | $ | 119,045 |
Unencumbered NOI % |  |  | 69.7 | %
Net Debt / Adjusted EBITDA: |  |  |  |
Adjusted EBITDA |  | $ | 329,843 |
Consolidated debt |  | $ | 2,094,722 |
less cash and cash equivalents |  |  | (59,776 | )
Net debt |  | $ | 2,034,946 |
Net debt / Adjusted EBITDA |  |  | 6.2 | x
(Net Debt + Preferred) / Adjusted EBITDA: |  |  |  |
Adjusted EBITDA |  | $ | 329,843 |
Net debt |  | $ | 2,034,946 |
Preferred shares liquidation preference |  |  | 96,770 |
Net debt + preferred |  | $ | 2,131,716 |
(Net Debt + Preferred) / Adjusted EBITDA |  |  | 6.5 | X

(Debt + Preferred) / Gross Assets: |  | Six months ended June 30, 2016 |
Consolidated debt |  | $ | 2,094,722 |
Preferred shares liquidation preference |  |  | 96,770 |
Debt and preferred |  | $ | 2,191,492 |
Total assets |  | $ | 3,724,733 |
Plus depreciation and amortization: |  |  |  |
Real estate |  |  | 1,207,434 |
Deferred lease costs |  |  | 22,879 |
Gross assets |  | $ | 4,955,046 |
(Debt + Preferred) / Gross Assets |  |  | 44.2 | %
Debt / Gross Assets: |  |  |  |
Consolidated debt |  | $ | 2,094,722 |
Gross assets |  | $ | 4,955,046 |
Debt / Gross assets |  |  | 42.3 | %
Secured Debt / Gross Assets: |  |  |  |
Mortgages and notes payable |  | $ | 838,385 |
Gross assets |  | $ | 4,955,046 |
Secured Debt / Gross Assets |  |  | 16.9 | %
Development / Gross Assets: |  |  |  |
Investment in real estate under construction |  | $ | 108,763 |
Construction in progress |  |  | 543 |
Development |  | $ | 109,306 |
Gross assets |  | $ | 4,955,046 |
Development / Gross Assets |  |  | 2.2 | %

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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 | KeyBanc Capital Markets Inc. |
James Feldman | (646) 855-5808 | Craig Mailman | (917) 368-2316
Barclays Capital |  | Ladenburg Thalmann & Co., Inc. |
Ross L. Smotrich | (212) 526-2306 | Daniel P. Donlan | (212) 409-2056
Evercore Partners |  | Stifel Nicolaus |
Sheila K. McGrath | (212) 497-0882 | John W. Guinee | (443) 224-1307
J.P. Morgan Chase |  | Wells Fargo Securities, LLC |
Anthony Paolone | (212) 622-6682 | Todd J. Stender | (562) 637-1371
Jeffries & Company, Inc. |  |  |
Jon Peterson | (212) 284-1705 |  |

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LEXINGTON REALTY TRUST

One Penn Plaza, Suite 4015 | New York, NY 10119-4015 | (212) 692-7200 | www.lxp.com

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