<SEC-DOCUMENT>0001539497-21-001272.txt : 20210830
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<ACCEPTANCE-DATETIME>20210830161238
ACCESSION NUMBER:		0001539497-21-001272
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		21
CONFORMED PERIOD OF REPORT:	20210830
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20210830
DATE AS OF CHANGE:		20210830

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEXINGTON REALTY TRUST
		CENTRAL INDEX KEY:			0000910108
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				133717318
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12386
		FILM NUMBER:		211223659

	BUSINESS ADDRESS:	
		STREET 1:		ONE PENN PLAZA
		STREET 2:		SUITE 4015
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10119
		BUSINESS PHONE:		(212) 692-7200

	MAIL ADDRESS:	
		STREET 1:		ONE PENN PLAZA
		STREET 2:		SUITE 4015
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LEXINGTON CORPORATE PROPERTIES TRUST
		DATE OF NAME CHANGE:	19980625

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LEXINGTON CORPORATE PROPERTIES INC
		DATE OF NAME CHANGE:	19930816
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Washington, D.C. 20549</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM <span id="xdx_904_edei--DocumentType_c20210830__20210830_zz1GxAIFY3va"><ix:nonNumeric contextRef="From2021-08-30to2021-08-30" name="dei:DocumentType">8-K</ix:nonNumeric></span></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">CURRENT REPORT</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Pursuant to Section 13 or 15(d) of</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">The Securities Exchange Act of 1934</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event reported):
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Registrant&#8217;s telephone number, including area
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><span style="text-decoration: underline">Not
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former name or former address, if changed since
last report)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Securities registered pursuant to Section 12(b) of the Act:</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR &#167;240.12b-2).</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>



<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in">Item&#160;1.01.</td><td>Entry into a Material Definitive Agreement.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">On August 30, 2021, Lexington Realty Trust (the
&#8220;Trust&#8221;) entered into a third supplemental indenture (the &#8220;Third Supplemental Indenture&#8221;) with U.S.&#160;Bank
National Association, as trustee (the &#8220;Trustee&#8221;) which supplements the base indenture, dated as of May&#160;9, 2014 by and
among the Trust, certain subsidiaries of the Trust and the Trustee (the &#8220;Base Indenture,&#8221; and together with the Third Supplemental
Indenture, the &#8220;Indenture&#8221;), in connection with the issuance by the Trust of $400.0&#160;million aggregate principal amount
of its&#160;2.375% Senior Notes due&#160;2031 (the &#8220;Notes&#8221;). The Indenture governs the terms of the Notes. The Notes mature
on October 1, 2031, and accrue interest at a rate of&#160;2.375% per annum, payable semi-annually on April 1 and October 1 of each year,
commencing April 1, 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Prior to July 1, 2031, the Trust may redeem
the Notes, in whole or in part at any time and from time to time, at its option, at a redemption price equal to the greater of (1) 100%
of the aggregate principal amount of the Notes being redeemed and (2)&#160;the sum of the present values of the remaining scheduled payments
of principal and interest thereon (not including any portion of such payments of interest accrued as of the date of redemption) discounted
to its present value, on a semi-annual basis (assuming a&#160;360-day year consisting of twelve&#160;30-day months) at an adjusted treasury
rate (as defined in the Third Supplemental Indenture) plus twenty basis points, plus, in each case, accrued and unpaid interest thereon
to, but not including, the date of redemption. At any time on or after July 1, 2031, the Notes will be redeemable, in whole or in part
at any time and from time to time, at the Trust&#8217;s option, at a redemption price equal to&#160;100% of the principal amount of the
Notes to be redeemed plus accrued and unpaid interest on the amount being redeemed to, but not including, the date of redemption.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">A copy of the Base Indenture is attached as
Exhibit&#160;4.1 to the Current Report on Form&#160;8-K, filed with the Securities and Exchange Commission on May&#160;13, 2014, the Third
Supplemental Indenture is attached to this Current Report on Form 8-K (this &#8220;Current Report&#8221;) as Exhibit&#160;4.1 and both
are incorporated herein by reference. The foregoing description of the Base Indenture and the Third Supplemental Indenture is qualified
in its entirety by reference to the full text of the respective documents.</p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in">Item&#160;2.03.</td><td>Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The information contained in (or incorporated
by reference into) Item&#160;1.01 of this Current Report is hereby incorporated by reference into this Item&#160;2.03.</p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in">Item&#160;8.01.</td><td>Other Information.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in"><i>Opinions</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Paul Hastings LLP and Venable LLP, counsel and
Maryland counsel to the Trust, respectively, have issued opinions to the Trust dated August 30, 2021, regarding the Notes. Additionally,
Paul Hastings LLP has issued a separate opinion to the Trust dated August 30, 2021, regarding tax matters related to the Notes. Copies
of the opinions are filed as Exhibits 5.1, 5.2 and 8.1 hereto, respectively.</p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in">Item&#160;9.01.</td><td>Financial Statements and Exhibits</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in"><a href="exh4-1.htm" style="-sec-extract: exhibit">4.1</a></td><td><a href="exh4-1.htm" style="-sec-extract: exhibit">Third Supplemental Indenture, dated as of August 30, 2021, between the Trust and U.S.&#160;Bank National Association, as trustee.</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in"><a href="exh5-1.htm" style="-sec-extract: exhibit">5.1</a></td><td><a href="exh5-1.htm" style="-sec-extract: exhibit">Opinion of Paul Hastings LLP.</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in"><a href="exh5-2.htm" style="-sec-extract: exhibit">5.2</a></td><td><a href="exh5-2.htm" style="-sec-extract: exhibit">Opinion of Venable LLP.</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in"><a href="exh8-1.htm" style="-sec-extract: exhibit">8.1</a></td><td><a href="exh8-1.htm" style="-sec-extract: exhibit">Opinion of Paul Hastings LLP regarding tax matters.</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in">23.1</td><td>Consent of Paul Hastings LLP (included in <a href="exh5-1.htm" style="-sec-extract: exhibit">Exhibits&#160;5.1</a> and&#160;<a href="exh8-1.htm" style="-sec-extract: exhibit">8.1</a>).</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in"><a href="exh5-2.htm" style="-sec-extract: exhibit">23.2</a></td><td><a href="exh5-2.htm" style="-sec-extract: exhibit">Consent of Venable LLP (included in Exhibit&#160;5.2).</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 12pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in">104</td><td>Cover
Page Interactive File (the cover page tags are embedded within the Inline XBRL document).</td></tr></table>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">SIGNATURES</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of&#160;1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

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    <td style="width: 50%; padding-right: 5.75pt; padding-bottom: 12pt; padding-left: 5.75pt"><b>Lexington Realty Trust</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.75pt; padding-bottom: 12pt; padding-left: 5.75pt">Date: August 30, 2021</td>
    <td style="padding-right: 5.75pt; padding-bottom: 12pt; padding-left: 5.75pt">By: <span style="text-decoration: underline">/s/ Beth Boulerice&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><br />
Beth Boulerice<br />
Chief Financial Officer</td></tr>
  </table>
<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"></p>

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<TYPE>EX-4.1
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<DESCRIPTION>THIRD SUPPLEMENTAL INDENTURE, DATED AS OF AUGUST 30, 2021
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 4.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Execution Version</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>LEXINGTON REALTY TRUST,<BR>
as Issuer,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>U.S. BANK NATIONAL ASSOCIATION,<BR>
as Trustee</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Supplemental Indenture No. 3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>Dated as of August 30, 2021</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>$400,000,000<BR>
of<BR>
2.375% Senior Notes due 2031</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&thinsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TABLE
OF CONTENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-top: 3pt; padding-bottom: 3pt">ARTICLE ONE RELATION TO BASE INDENTURE; DEFINITIONS SECTION</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 26%; padding-right: 5.75pt; padding-left: 0.5in">Section 1.1</TD>
    <TD STYLE="width: 67%; padding-right: 5.75pt">Relation to Base Indenture</TD>
    <TD STYLE="width: 7%; padding-right: 5.75pt; text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 1.2</TD>
    <TD STYLE="padding-right: 5.75pt">Definitions</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-top: 3pt; padding-bottom: 3pt">ARTICLE TWO THE NOTES SECTION</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.1</TD>
    <TD STYLE="padding-right: 5.75pt">Title of the Securities</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.2</TD>
    <TD STYLE="padding-right: 5.75pt">Forms Generally</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.3</TD>
    <TD STYLE="padding-right: 5.75pt">Limitation on Initial Aggregate Principal Amount; Further Issuances</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.4</TD>
    <TD STYLE="padding-right: 5.75pt">Interest and Interest Rates; Maturity Date of Notes</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.5</TD>
    <TD STYLE="padding-right: 5.75pt">Issuance of Additional Notes</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">6</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.6</TD>
    <TD STYLE="padding-right: 5.75pt">Limitations on Incurrence of Debt</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">6</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.7</TD>
    <TD STYLE="padding-right: 5.75pt">Insurance</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">8</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.8</TD>
    <TD STYLE="padding-right: 5.75pt">Maintenance of Properties</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">8</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.9</TD>
    <TD STYLE="padding-right: 5.75pt">Payment of Taxes and Other Claims</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">8</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.10</TD>
    <TD STYLE="padding-right: 5.75pt">Optional Redemption</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">9</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.11</TD>
    <TD STYLE="padding-right: 5.75pt">Guarantees</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">9</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.12</TD>
    <TD STYLE="padding-right: 5.75pt">No Sinking Fund</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.13</TD>
    <TD STYLE="padding-right: 5.75pt">Conflict with Trust Indenture Act</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 2.14</TD>
    <TD STYLE="padding-right: 5.75pt">Covenant Defeasance</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-top: 3pt; padding-bottom: 3pt">ARTICLE THREE MISCELLANEOUS PROVISIONS SECTION</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.1</TD>
    <TD STYLE="padding-right: 5.75pt">Ratification of Base Indenture</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.2</TD>
    <TD STYLE="padding-right: 5.75pt">Governing Law</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.3</TD>
    <TD STYLE="padding-right: 5.75pt">Counterparts</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.4</TD>
    <TD STYLE="padding-right: 5.75pt">Trustee</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.5</TD>
    <TD STYLE="padding-right: 5.75pt">Corporate Trust Office</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.6</TD>
    <TD STYLE="padding-right: 5.75pt">Failure or Delay in Performance</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.7</TD>
    <TD STYLE="padding-right: 5.75pt">Effect of Third Supplemental Indenture</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.8</TD>
    <TD STYLE="padding-right: 5.75pt">Effect of Headings</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.9</TD>
    <TD STYLE="padding-right: 5.75pt">Successors and Assigns</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.10</TD>
    <TD STYLE="padding-right: 5.75pt">Severability Clause</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.11</TD>
    <TD STYLE="padding-right: 5.75pt">Benefits of Third Supplemental Indenture</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.12</TD>
    <TD STYLE="padding-right: 5.75pt">WAIVER OF JURY TRIAL</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 0.5in">Section 3.13</TD>
    <TD STYLE="padding-right: 5.75pt">Electronic Notices</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">EXHIBIT A</TD>
    <TD STYLE="padding-right: 5.75pt">Form of Note</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">A-1</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">EXHIBIT B</TD>
    <TD STYLE="padding-right: 5.75pt">Form of Notation of Guarantee</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: right">B-1</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>THIS SUPPLEMENTAL INDENTURE NO. 3</B>, dated
as of August 30, 2021 (the &ldquo;<B>Third Supplemental Indenture</B>&rdquo;), between <B>LEXINGTON REALTY TRUST</B>, a Maryland real
estate investment trust, (the &ldquo;<B>Issuer</B>&rdquo;), and <B>U.S. BANK NATIONAL ASSOCIATION</B>, a national banking association,
as trustee (herein called the &ldquo;<B>Trustee</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">WITNESSETH:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>WHEREAS</B>, the Issuer has heretofore delivered
to the Trustee an Indenture dated as of May 9, 2014 (the &ldquo;<B>Base Indenture</B>&rdquo;), providing for the issuance by the Issuer
from time to time of its senior debt securities evidencing its unsecured and unsubordinated indebtedness (the &ldquo;<B>Securities</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>WHEREAS</B>, Section 2.01 of the Base Indenture
provides for various matters with respect to any series of Securities issued under the Base Indenture to be established in an indenture
supplemental to the Base Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>WHEREAS</B>, Section 9.01(i) of the Base
Indenture provides for the Issuer and the Trustee to enter into an indenture supplemental to the Base Indenture to establish the form
or terms of Securities of any series as provided by Sections 2.01 and 2.02 of the Base Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>WHEREAS</B>, the Board of Trustees of the
Issuer, has duly adopted resolutions authorizing the Issuer to execute and deliver this Third Supplemental Indenture and issue the Notes;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>WHEREAS</B>, all of the conditions and requirements
necessary to make this Third Supplemental Indenture, when duly executed and delivered, a valid and binding agreement in accordance with
its terms and for the purposes herein expressed, have been performed and fulfilled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>NOW, THEREFORE</B>, THIS THIRD SUPPLEMENTAL
INDENTURE WITNESSETH:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">For and in consideration of the premises and
the purchase of the series of Securities provided for herein by the Holders thereof, it is mutually covenanted and agreed, for the equal
and proportionate benefit of all Holders of Securities of such series, as follows:</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase">ARTICLE
One</FONT><BR>
RELATION TO BASE INDENTURE; DEFINITIONS SECTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 1.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Relation to Base Indenture</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Third Supplemental Indenture constitutes
an integral part of the Base Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 1.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Definitions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">For all purposes of this Third Supplemental
Indenture, except as otherwise expressly provided for or unless the context otherwise requires:</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">(1)&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;Capitalized
terms used but not defined herein shall have the respective meanings assigned to them in the Base Indenture; <B>provided </B>that, where
a term is defined both in this Third Supplemental Indenture and in the Base Indenture, the meaning given to such term in this Third Supplemental
Indenture shall control for purposes of this Third Supplemental Indenture and (in respect of the Notes but not any other series of Securities)
the Base Indenture; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">(2)&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;All
references herein to Articles and Sections, unless otherwise specified, refer to the corresponding Articles and Sections of this Third
Supplemental Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Acquired Debt</B>&rdquo; means Debt
of a Person (1) existing at the time such Person is merged or consolidated with or into the Issuer or any of its Subsidiaries or becomes
a Subsidiary of the Issuer; or (2) assumed by the Issuer or any of its Subsidiaries in connection with the acquisition of assets from
such Person. Acquired Debt shall be deemed to be incurred on the date the acquired Person is merged or consolidated with or into the Issuer
or any of its Subsidiaries or becomes a Subsidiary of the Issuer or the date of the related acquisition, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Additional Notes</B>&rdquo; means
additional Notes (other than the Initial Notes) issued under this Third Supplemental Indenture in accordance with <U>Section 2.5</U> hereof,
as part of the same series as the Initial Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Adjusted Treasury Rate</B>&rdquo;
means, with respect to any Redemption Date, the rate per year equal to the arithmetic mean of the weekly average yield to maturity (representing
the average of the daily rates for the immediately preceding week) available through the most recent Statistical Release for the maturity
(rounded to the nearest month) corresponding to the remaining life to the Par Call Date of the Notes as of the Redemption Date. If no
maturity exactly corresponds to such maturity, yields for the two published maturities most closely corresponding to such maturity shall
be calculated pursuant to the immediately preceding sentence and the Adjusted Treasury Rate shall be interpolated or extrapolated from
such yields on a straight-line basis, rounding in each of such relevant periods to the nearest month. For the purposes of calculating
the Adjusted Treasury Rate, the most recent Statistical Release published at least two Business Days prior to the Redemption Date (or
in the case of satisfaction and discharge or defeasance, two Business Days prior to the date funds are deposited with the Trustee to pay
and discharge the entire indebtedness of the Notes) shall be used.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Annual Debt Service Charge</B>&rdquo;
means, for any period, the interest expense of the Issuer and its Subsidiaries for such period, determined on a consolidated basis in
accordance with United States generally accepted accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Consolidated Income Available for
Debt Service</B>&rdquo; means, for any period, Consolidated Net Income of the Issuer and its Subsidiaries for such period, plus amounts
which have been deducted and minus amounts which have been added for, without duplication: (1) interest expense on Debt, (2) provision
for taxes based on income, (3) amortization of debt discount, premium and deferred financing costs, (4) impairment losses and gains on
sales or other dispositions of properties and other investments, (5) real estate related depreciation and amortization, (6) the effect
of any non-recurring non-cash items, (7) amortization of deferred charges, (8) gains or losses on early extinguishment of debt, and (9)
acquisition expenses, all</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">determined on a consolidated basis in accordance with United States
generally accepted accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Consolidated Net Income</B>&rdquo;
means, for any period, the amount of net income (or loss) of the Issuer and its Subsidiaries for such period, excluding, without duplication:
(1) extraordinary items, and (2) the portion of net income (but not losses) of the Issuer and its Subsidiaries allocable to minority interests
in unconsolidated persons to the extent that cash dividends or distributions have not actually been received by the Issuer or one of its
Subsidiaries, all determined on a consolidated basis in accordance with United States generally accepted accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Debt</B>&rdquo; means, with respect
to any Person, any indebtedness of such Person in respect of, without duplication, (1) such Person&rsquo;s borrowed money or such Person&rsquo;s
indebtedness evidenced by bonds, notes, debentures or similar instruments, in each case, whether or not such Debt is secured by any Lien
existing on any property or assets owned by such Person; (2) any other indebtedness secured by any Lien on any property or asset owned
by such Person, but only to the extent of the lesser of (a) the amount of indebtedness so secured and (b) the fair market value (determined
in good faith by the board of trustees of such Person or, in the case of a Guarantor, by the Issuer&rsquo;s Board of Trustees or a duly
authorized committee thereof) of the property subject to such Lien; (3) reimbursement obligations, contingent or otherwise, in connection
with any letters of credit actually issued or amounts representing the balance deferred and unpaid of the purchase price of any property
except any such balance that constitutes an accrued expense or trade payable; or (4) any lease of property by such Person as lessee which
is required to be reflected on such Person&rsquo;s balance sheet as a finance lease in accordance with United States generally accepted
accounting principles. The term &ldquo;Debt&rdquo; also includes, to the extent not otherwise included, any non-contingent obligation
of such Person to be liable for, or to pay, as obligor, guarantor or otherwise (other than for purposes of collection in the ordinary
course of business), Debt of the types referred to above of another Person (it being understood that Debt shall be deemed to be incurred
by such Person whenever such Person shall create, assume, guarantee (on a non-contingent basis) or otherwise become liable in respect
thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Holders</B>&rdquo; has the meaning
specified in <U>Section 2.4</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Indenture</B>&rdquo; means the Base
Indenture together with the Third Supplemental Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Initial Notes</B>&rdquo; means the
first $400,000,000 aggregate principal amount of Notes issued under this Third Supplemental Indenture on the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Interest Payment Date</B>&rdquo; has
the meaning specified in <U>Section 2.4</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Lien</B>&rdquo; means any mortgage,
deed of trust, lien, charge, pledge, security interest, security agreement, or other encumbrance of any kind.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Maturity Date</B>&rdquo; has the meaning
specified in <U>Section 2.4</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Notes</B>&rdquo; has the meaning specified
in <U>Section 2.1</U> hereof and includes the Initial Notes and any Additional Notes.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Par Call Date</B>&rdquo; has the meaning
provided in <U>Section 2.10</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Principal Credit Agreement</B>&rdquo;
means the Amended and Restated Credit Agreement, dated as of February 6, 2019, among the Issuer, as borrower, each of the lenders party
thereto, and KeyBank National Association, as agent, as the same may be amended, supplemented or otherwise modified from time to time,
and any successor credit agreement thereto (whether by renewal, replacement, refinancing or otherwise) that the Issuer in good faith designates
to be the Issuer&rsquo;s principal credit agreement (taking into account the maximum principal amount of the credit facility provided
thereunder, the recourse nature of the agreement and such other factors as the Issuer deems reasonable in light of the circumstances),
such designation (or the designation that at a given time there is no principal credit agreement) to be made by an Officers&rsquo; Certificate
delivered to the Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Quotation Agent</B>&rdquo; means an
independent investment banking institution of national standing appointed by the Issuer from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Record Date</B>&rdquo; has the meaning
specified in <U>Section 2.4</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Redemption Price</B>&rdquo; has the
meaning provided in <U>Section 2.10</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&rdquo;<B>Statistical Release</B>&rdquo; means
the statistical release designated &ldquo;H.15&rdquo; or any successor publication which is published by the Federal Reserve System (or
companion online data resource published by the Federal Reserve System) and which establishes yields on actively traded United States
government securities adjusted to constant maturities, or, if such statistical release is not published at the time of any determination
under the Indenture, then such other reasonably comparable index designated by the Issuer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Total Assets</B>&rdquo; means the
sum of, without duplication (1) Undepreciated Real Estate Assets and (2) all other assets (excluding accounts receivable, right-of use
assets associated with an operating lease, and non-real estate intangibles) of the Issuer and its Subsidiaries, all determined on a consolidated
basis in accordance with United States generally accepted accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Total Unencumbered Assets</B>&rdquo;
means, as of any date, the Total Assets of the Issuer and its Subsidiaries, which are not subject to a Lien securing Debt, all determined
on a consolidated basis in accordance with United States generally accepted accounting principles; <B>provided</B>, <B>however</B>, that,
in determining Total Unencumbered Assets as a percentage of outstanding Unsecured Debt for purposes of the covenant set forth in <U>Section
2.6(d)</U> hereof, all investments in unconsolidated limited partnerships, unconsolidated limited liability companies and other unconsolidated
entities shall be excluded from Total Unencumbered Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Undepreciated Real Estate Assets</B>&rdquo;
means, as of any date, the cost (original cost plus capital improvements) of real estate assets, any right-of-use assets associated with
a financing lease, and related intangibles of the Issuer and its Subsidiaries on such date, before depreciation and amortization, all
determined on a consolidated basis in accordance with United States generally accepted accounting principles.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&ldquo;<B>Unsecured Debt</B>&rdquo; means Debt
of the Issuer or any of its Subsidiaries which is not secured by a Lien on any property or assets of the Issuer or any of its Subsidiaries.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase">ARTICLE
Two</FONT><BR>
THE NOTES SECTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Title of the Securities</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">There shall be a series of Securities designated
the &ldquo;2.375% Senior Notes due 2031&rdquo; (the &ldquo;<B>Notes</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Forms Generally</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Notes shall be issued in the form of a Global
Security and DTC shall be the initial Depositary for the Notes. The Notes and the Trustee&rsquo;s certificate of authentication shall
be in the forms set forth in <U>Exhibit A</U> attached hereto, with such appropriate insertions, omissions, substitutions and other variations
as are required or permitted by the Indenture and may have such letters, numbers or other marks of identification and such legends or
endorsements placed thereon as may be required to comply with the rules of any securities exchange or as may, consistently herewith, be
determined by the Officers executing such Notes, as evidenced by their execution of the Notes. Any portion of the text of any Note may
be set forth on the reverse thereof, with an appropriate reference thereto on the face of the Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Notes shall be printed, lithographed or
engraved or produced by any combination of these methods or may be produced in any other manner, as determined by the Officers of the
Issuer executing such Notes, as evidenced by their manual or facsimile execution of such Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In accordance with Section 2.04 of the Base
Indenture, upon the execution of this Third Supplemental Indenture, and from time to time thereafter, Notes may be executed by the Issuer
and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver Notes upon a written order of
the Issuer conforming to the signatory requirements of an Officers&rsquo; Certificate under Section 1.01 of the Base Indenture (an &ldquo;<B>Authentication
Order</B>&rdquo;), without any further action by the Issuer hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Limitation on Initial Aggregate Principal Amount; Further Issuances</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The aggregate principal amount of the Initial
Notes shall be limited to $400,000,000, except as provided in Sections 2.06 and 2.07 of the Base Indenture. The Issuer may, from time
to time, subject to <U>Section 2.6</U> hereof and applicable law, create and issue Additional Notes under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Interest and Interest Rates; Maturity Date of Notes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Notes shall bear interest at 2.375% per
annum from August 30, 2021 or from the immediately preceding Interest Payment Date (as defined below) to which interest has been paid,
payable semi-annually in arrears on April 1 and October 1 of each year, commencing April 1, 2022 (each, an &ldquo;<B>Interest Payment
Date</B>&rdquo;), to the persons (the &ldquo;<B>Holders</B>&rdquo;) in whose name the applicable Notes are registered in the Security
Register at the close of business on the March 15</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">or September 15 immediately preceding such Interest Payment Date
(regardless of whether such day is a Business Day), as the case may be (each, a &ldquo;<B>Record Date</B>&rdquo;). Interest on the Notes
shall be computed on the basis of a 360-day year of twelve 30-day months. Defaulted Interest, if any, shall forthwith cease to be payable
to the Holder on the applicable Record Date and may either be paid to the person in whose name such Note is registered at the close of
business on a special record date for the payment of such Defaulted Interest to be fixed by the Trustee, notice of which shall be given
to the Holder of such Note not less than ten days prior to such special record date, or may be paid at any time in any other lawful manner,
as more particularly described in the Base Indenture. The Notes shall mature on October 1, 2031 (the &ldquo;<B>Maturity Date</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Issuance of Additional Notes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Issuer will be entitled, upon delivery to
the Trustee of an Officers&rsquo; Certificate, Opinion of Counsel and Authentication Order, subject to its compliance with <U>Section
2.6</U> hereof, to issue Additional Notes under the Indenture that will have identical terms to and the same CUSIP number as the Initial
Notes issued on the date of this Third Supplemental Indenture other than with respect to the date of issuance, issue price, the date from
which interest initially accrues on such Additional Notes, and if applicable, the first Interest Payment Date. The Initial Notes and any
such Additional Notes will constitute a single series of debt securities, and in circumstances in which the Indenture provides for the
Holders of Notes to vote or take any action, the Holders of Initial Notes and the Holders of any such Additional Notes will vote or take
the action as a single class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">With respect to any Additional Notes, the Issuer
will set forth in a resolution of its Board of Trustees and an Officers&rsquo; Certificate, a copy of each of which will be delivered
to the Trustee, the following information:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1.5in">(1)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>the aggregate principal amount of such Additional Notes to be authenticated and delivered pursuant to the Indenture; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1.5in">(2)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>the issue price, the issue date and the CUSIP number of such Additional Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.6<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Limitations on Incurrence of Debt</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Limitation on Total Outstanding Debt</U>. The Issuer will not, and will not permit any of its Subsidiaries to, incur any Debt
(including, without limitation, Acquired Debt) if, immediately after giving effect to the incurrence of such Debt and the application
of the proceeds from such Debt on a pro forma basis, the aggregate principal amount of all of the Issuer&rsquo;s and its Subsidiaries&rsquo;
outstanding Debt (determined on a consolidated basis in accordance with United States generally accepted accounting principles) is greater
than 60% of the sum of the following (without duplication): (1) the Issuer&rsquo;s and its Subsidiaries&rsquo; Total Assets as of the
last day of the then most recently ended fiscal quarter and (2) the aggregate purchase price of any real estate assets or mortgages receivable
acquired, and the aggregate amount of any securities offering proceeds received (to the extent such proceeds were not used to acquire
real estate assets or mortgages receivable or used to reduce Debt), by the Issuer or any Subsidiary of the Issuer</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">since the end of such fiscal quarter, including the proceeds obtained
from the incurrence of such additional Debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Limitation on Secured Debt</U>. The Issuer will not, and will not permit any of its Subsidiaries to, incur any Debt (including,
without limitation, Acquired Debt) secured by any Lien on any of the Issuer&rsquo;s or any of its Subsidiaries&rsquo; property or assets,
whether owned on the date of this Third Supplemental Indenture or subsequently acquired, if, immediately after giving effect to the incurrence
of such Debt and the application of the proceeds from such Debt on a pro forma basis, the aggregate principal amount of all of the Issuer&rsquo;s
and its Subsidiaries&rsquo; outstanding Debt (determined on a consolidated basis in accordance with United States generally accepted accounting
principles) which is secured by a Lien on any of the Issuer&rsquo;s or its Subsidiaries&rsquo; property or assets is greater than 40%
of the sum of (without duplication): (1) the Issuer&rsquo;s and its Subsidiaries&rsquo; Total Assets as of the last day of the then most
recently ended fiscal quarter; and (2) the aggregate purchase price of any real estate assets or mortgages receivable acquired, and the
aggregate amount of any securities offering proceeds received (to the extent such proceeds were not used to acquire real estate assets
or mortgages receivable or used to reduce Debt), by the Issuer or any of its Subsidiaries since the end of such fiscal quarter, including
the proceeds obtained from the incurrence of such additional Debt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Debt Service Test</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1.5in">(1)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>The Issuer will not, and will not permit any of its Subsidiaries to, incur any Debt (including, without limitation, Acquired Debt)
if the ratio of Consolidated Income Available for Debt Service to Annual Debt Service Charge for the period consisting of the four consecutive
fiscal quarters most recently ended prior to the date on which such additional Debt is to be incurred shall have been less than 1.5:1
on a pro forma basis after giving effect to the incurrence of such Debt and the application of the proceeds from such Debt (determined
on a consolidated basis in accordance with United States generally accepted accounting principles), and calculated on the following assumptions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1.5in">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>such Debt and any other Debt (including, without limitation, Acquired Debt) incurred by the Issuer or any of its Subsidiaries since
the first day of such four- quarter period had been incurred, and the application of the proceeds from such Debt (including to repay or
retire other Debt) had occurred, on the first day of such period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1.5in">(B)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>the repayment or retirement of any other Debt of the Issuer or any of its Subsidiaries since the first day of such four-quarter
period had occurred on the first day of such period (except that, in making this computation, the amount of Debt under any revolving credit
facility, line of credit or similar facility will be computed based upon the average daily balance of such Debt during such period); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-indent: 1.5in">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>in the case of any acquisition or disposition by the Issuer or any of its Subsidiaries of any asset or group of assets with a fair
market value in excess of $1.0 million since the first day of such four-quarter period, whether by merger, stock purchase or sale or asset
purchase or sale or otherwise, such acquisition or disposition</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in">had occurred as of the first day of such period with the appropriate
adjustments with respect to such acquisition or disposition being included in such pro forma calculation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1.5in">(2)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>If the Debt giving rise to the need to make the calculation described in <U>Section 2.6(c)(1)</U> hereof or any other Debt incurred
after the first day of the relevant four-quarter period bears interest at a floating rate, then, for purposes of calculating the Annual
Debt Service Charge, the interest rate on such Debt will be computed on a pro forma basis by applying the average daily rate which would
have been in effect during the entire four-quarter period to the greater of the amount of such Debt outstanding at the end of such period
or the average amount of such Debt outstanding during such period. For purposes of this <U>Section 2.6(c)</U> hereof, Debt will be deemed
to be incurred by the Issuer or any of its Subsidiaries whenever the Issuer or any of its Subsidiaries shall create, assume, guarantee
(on a non-contingent basis) or otherwise become liable in respect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Maintenance of Total Unencumbered Assets</U>. The Issuer and its Subsidiaries will not have at any time Total Unencumbered Assets
of less than 150% of the aggregate principal amount of all of the Issuer&rsquo;s and its Subsidiaries&rsquo; outstanding Unsecured Debt
determined on a consolidated basis in accordance with United States generally accepted accounting principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.7<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Insurance</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Issuer will, and will cause of each of its
Subsidiaries to, keep in force upon all of the Issuer&rsquo;s and each of its Subsidiaries&rsquo; properties and operations insurance
policies carried with responsible insurance companies in such amounts and covering all such risks as is customary in the industry in which
the Issuer and its Subsidiaries do business in accordance with prevailing market conditions and availability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.8<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Maintenance of Properties</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Issuer will cause all of its and its Subsidiaries&rsquo;
properties used or useful in the conduct of the business of the Issuer or any of its Subsidiaries to be maintained and kept in good condition,
repair and working order and supplied with all necessary equipment and the Issuer will cause all necessary repairs, renewals, replacements,
betterments and improvements to be made, all as in the Issuer&rsquo;s judgment may be necessary in order for the Issuer to at all times
properly and advantageously conduct its business carried on in connection with such properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.9<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Payment of Taxes and Other Claims</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Issuer will pay or discharge or cause to
be paid or discharged before it becomes delinquent: (i) all taxes, assessments and governmental charges levied or imposed on the Issuer
or any of its Subsidiaries or on its or any such Subsidiary&rsquo;s income, profits or property; and (ii) all lawful claims for labor,
materials and supplies that, if unpaid, might by law become a Lien upon its property or the property of any of its Subsidiaries; <B>provided</B>,
<B>however</B>, that the Issuer will not be required to pay or discharge or cause to be paid or discharged any tax, assessment, charge
or claim the amount, applicability or validity of which is being contested in good faith.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.10<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Optional Redemption</U>. The provisions of this <U>Section 2.10</U> apply solely with respect to the Notes and all references
to Holders in this <U>Section 2.10</U> shall be solely to Holders of the Notes. The Notes shall be redeemable at the Company&rsquo;s
option prior to the Maturity Date in accordance with this <U>Section 2.10</U> and Sections 3.01, 3.02 and 3.03 of the Base Indenture
(as amended by this <U>Section 2.10</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>The Issuer shall have the right to redeem the Notes at its option and in its sole discretion at any time or from time to time prior
to the Maturity Date, in whole or in part. The redemption price (&ldquo;<B>Redemption Price</B>&rdquo;) will equal the greater of (i)
100% of the principal amount of the Notes to be redeemed or (ii) as determined by the Quotation Agent, the sum of the present values of
the remaining scheduled payments of principal and interest thereon (not including any portion of such payments of interest accrued as
of the Redemption Date) that would be due if such Notes matured 90 days prior to the Maturity Date (the &ldquo;<B>Par Call Date</B>&rdquo;)
but for the redemption thereof discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve
30-day months) at the Adjusted Treasury Rate plus 20 basis points (0.200% or twenty one-hundredths of one percent), plus, in the case
of both clauses (i) and (ii), accrued and unpaid interest on the principal amount of the Notes being redeemed to, but excluding, the applicable
Redemption Date; <B>provided</B>, <B>however</B>, that if the Redemption Date falls after a Record Date and on or prior to the corresponding
Interest Payment Date, the Issuer will pay the full amount of accrued and unpaid interest, if any, on such Interest Payment Date to the
Holder of record at the close of business on the corresponding Record Date (instead of the Holder surrendering its Notes for redemption).
Notwithstanding the foregoing, if the Notes are redeemed on or after July 1, 2031, the Redemption Price will be equal to 100% of the principal
amount of the Notes being redeemed plus unpaid interest, if any, accrued thereon to, but excluding, the Redemption Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>The Issuer shall not redeem the Notes pursuant to <U>Section 2.10(a)</U> hereof on any date if the principal amount of the Notes
has been accelerated, and such an acceleration has not been rescinded or cured on or prior to such date (except in the case of an acceleration
resulting from a default by the Issuer in the payment of the Redemption Price with respect to the Notes to be redeemed).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT>Section 3.02 of the Base Indenture is hereby amended with respect to the Notes only by changing, in the first sentence thereof,
the number &ldquo;30&rdquo; to the number &ldquo;15&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.11<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Guarantees</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(a)&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;In
accordance with Section 15.04 of the Base Indenture, the Issuer will cause each Subsidiary of the Issuer that is a domestic Subsidiary
of the Issuer that becomes a Principal Credit Agreement Obligor on or after the date hereof, to, within 60 days of becoming a Principal
Credit Agreement Obligor, execute and deliver to the Trustee a supplemental indenture pursuant to which such Subsidiary will unconditionally
guarantee, on a joint and several basis, the full and prompt payment of the principal of, premium, if any, and interest in respect of
the Notes on a senior unsecured basis and all other obligations under the Indenture.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">(b)&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;In
accordance with Section 15.02 of the Base Indenture, each Guarantor shall also execute a notation of Guarantee substantially in the form
of <U>Exhibit B</U> supplemental hereto, which shall be endorsed on each Note authenticated and delivered by the Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.12<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>No Sinking Fund</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The provisions of Sections 3.04, 3.05 and 3.06
of the Base Indenture shall not be applicable to the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.13<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Conflict with Trust Indenture Act</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">If any provision of the Indenture limits, qualifies
or conflicts with another provision of the Indenture, which is required to be included in the Indenture by any of the provisions of the
Trust Indenture Act, such required provision shall control to the extent it is applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2.14<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Covenant Defeasance</U>. Section 12.03 of the Base Indenture is hereby amended with respect to the Notes only by changing, in
the first sentence thereof, the reference to &ldquo;Section 4.05 and 4.08 and Article X hereof&rdquo; to &ldquo;Section 4.05, Section
5.04 and Article X of the Base Indenture and Sections 2.6, 2.7, 2.8 and 2.9 of the Third Supplemental Indenture.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: uppercase">ARTICLE
Three</FONT><BR>
MISCELLANEOUS PROVISIONS SECTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Ratification of Base Indenture</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Except as expressly modified or amended hereby,
the Base Indenture continues in full force and effect and is in all respects confirmed, ratified and preserved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Governing Law</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Third Supplemental Indenture and each Note
shall be governed by and construed in accordance with the laws of the State of New York. This Third Supplemental Indenture is subject
to the provisions of the Trust Indenture Act and shall, to the extent applicable, be governed by such provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Counterparts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Third Supplemental Indenture may be executed
in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute
but one and the same instrument. The exchange of copies of this Third Supplemental Indenture and of signature pages by facsimile, PDF
transmission or other electronic transmission shall constitute effective execution and delivery of this Third Supplemental Indenture as
to the parties hereto and may be used in lieu of the original Third Supplemental Indenture and signature pages for all purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.4<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Trustee</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Trustee makes no representations as to the
validity or sufficiency of this Third Supplemental Indenture, the Notes or any Guarantee. The statements and recitals herein are deemed
to be those of the Issuer and not of the Trustee. All of the provisions contained in the Base Indenture in respect of the rights, privileges,
immunities, powers and duties of the Trustee shall be applicable in respect of the Notes, any Guarantee and of this Third Supplemental
Indenture as fully and with like effect as if set forth herein in full.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.5<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Corporate Trust Office</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Trustee hereby notifies the Issuer that
its corporate trust business is principally administered at its office located at 100 Wall Street, Suite 600, New York, New York 10005
and, therefore, pursuant to the Indenture, the Corporate Trust Office is such office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.6<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Failure or Delay in Performance</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In no event shall the Trustee be responsible
or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly,
forces beyond its control, including, without limitation, strikes, work stoppages, accidents, pandemics, acts of war or terrorism, civil
or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications
or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with
accepted practices in the banking industry to resume performance as soon as practicable under the circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.7<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Effect of Third Supplemental Indenture</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Third Supplemental Indenture is a supplemental
indenture within the meaning of Section 9.01 of the Base Indenture, and the Base Indenture shall be read together with this Third Supplemental
Indenture and shall have the same effect over the Notes, in the same manner as if the provisions of the Base Indenture and this Third
Supplemental Indenture were contained in the same instrument. In all other respects, the Base Indenture is confirmed by the parties hereto
as supplemented by the terms of this Third Supplemental Indenture; <B>provided</B> that the provisions of this Third Supplemental Indenture
apply solely with respect to the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.8<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Effect of Headings</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Article and Section headings herein are
for convenience only and shall not affect the construction hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.9<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Successors and Assigns</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">All covenants and agreements in the Indenture
by the Issuer, the Trustee and the Holders shall bind their successors and assigns, whether so expressed or not.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.10<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Severability Clause</U>.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In case any provision in the Indenture or in
the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not
in any way be affected or impaired thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.11<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Benefits of Third Supplemental Indenture</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Nothing in the Indenture or in the Notes, express
or implied, shall give to any Person, other than the parties thereto, any benefit or any legal or equitable right, remedy or claim under
the Indenture or the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.12<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>WAIVER OF JURY TRIAL</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">EACH OF THE ISSUER AND THE TRUSTEE HEREBY IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR
RELATING TO THIS THIRD SUPPLEMENTAL INDENTURE, THE BASE INDENTURE (TO THE EXTENT IT RELATES TO THE NOTES), THE NOTES, ANY GUARANTEE OR
THE TRANSACTION CONTEMPLATED HEREBY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 3.13<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;&thinsp;
</FONT><U>Electronic Notices</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In addition to the foregoing, the Trustee agrees
to accept and act upon notice, instructions or directions pursuant to the Indenture sent by unsecured e-mail, facsimile transmission or
other similar unsecured electronic methods. If the party elects to give the Trustee e-mail or facsimile instructions (or instructions
by a similar electronic method) and the Trustee in its discretion elects to act upon such instructions, the Trustee&rsquo;s understanding
of such instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or
indirectly from the Trustee&rsquo;s reliance upon and compliance with such instructions notwithstanding such instructions conflict or
are inconsistent with a subsequent written instruction. The party providing electronic instructions agrees to assume all risks arising
out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk
of the Trustee acting on unauthorized instructions, and the risk or interception and misuse by third parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>, the parties hereto have
caused this Third Supplemental Indenture to be duly executed all as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&thinsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>ISSUER</B>:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>LEXINGTON REALTY TRUST</B>, a Maryland real estate investment trust, as Issuer of the Notes</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%">&thinsp;</TD>
    <TD STYLE="width: 7%">By: </TD>
    <TD STYLE="width: 48%; border-bottom: Black 1pt solid">/s/ Joseph S. Bonventre</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD>Name:&thinsp;&thinsp;Joseph S. Bonventre</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD>Title:&thinsp;&thinsp;Executive Vice President</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Third Supplemental Indenture]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>TRUSTEE:</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>U.S. BANK NATIONAL ASSOCIATION</B>,<BR>
as Trustee</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%">&thinsp;</TD>
    <TD STYLE="width: 7%">By: </TD>
    <TD STYLE="width: 48%; border-bottom: Black 1pt solid">/s/ Hazrat R. Haniff</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD>Name:&thinsp;&thinsp;Hazrat R. Haniff</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD>Title:&thinsp;&thinsp;Assistant Vice President</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Signature Page to Third Supplemental Indenture]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>EXHIBIT A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">THIS GLOBAL SECURITY IS HELD BY THE DEPOSITARY
(AS DEFINED IN THE INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT
TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (1) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT
TO SECTION 2.02 OF THE BASE INDENTURE, (2) THIS GLOBAL SECURITY MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.05(a)
OF THE BASE INDENTURE, (3) THIS GLOBAL SECURITY MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.08 OF THE BASE
INDENTURE AND (4) THIS GLOBAL SECURITY MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE ISSUER.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR
IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY
OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF
THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK) (&ldquo;DTC&rdquo;), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE &amp; CO. OR SUCH OTHER NAME AS MAY BE REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &amp; CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE &amp; CO., HAS AN INTEREST HEREIN.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">[Form of Face of Note]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>LEXINGTON
REALTY TRUST<BR>
2.375% Senior Notes due 2031</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">No. 1</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-left: 0">CUSIP No.:</TD>
    <TD STYLE="width: 79%; padding-right: 5.4pt; padding-left: 5.4pt">529537AA0</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0">ISIN:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">US529537AA08</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&thinsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>$400,000,000</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Lexington Realty Trust, a Maryland real estate
investment trust (herein called the &ldquo;<B>the Issuer</B>,&rdquo; which term includes any successor entity under the Indenture referred
to on the reverse hereof), for value received hereby promises to pay to Cede &amp; Co., or its registered assigns, the principal sum of
FOUR HUNDRED MILLION DOLLARS ($400,000,000), or such lesser amount as is set forth in the Schedule of Increases or Decreases In Global
Security on the other side of this Note, on October 1, 2031 at the office or agency of the Issuer maintained for that purpose in accordance
with the terms of the Indenture, in such coin or currency of the United States of America as at the time of payment shall be legal tender
for the payment of public and private debts, and to pay interest, semi-annually on April 1 and October 1 of each year, commencing April
1, 2022, on said principal sum at said office or agency, in like coin or currency, at the rate per annum of 2.375%, from the April 1 or
October 1, as the case may be, next preceding the date to which interest has been paid or duly provided for, unless no interest has been
paid or duly provided for on the Notes, in which case from August 30, 2021 until payment of said principal sum has been made or duly provided
for. The Issuer shall pay interest on any Notes in certificated form by check mailed to the address of the Person entitled thereto as
it appears in the Security Register, or on any Global Security by wire transfer of immediately available funds to the account of the Depositary
or its nominee. The Issuer shall pay interest to Holders of record as of the March 15 or September 15 preceding the applicable Interest
Payment Date, in accordance with the terms of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Issuer promises to pay interest on overdue
principal, premium, if any, and (to the extent that payment of such interest is enforceable under applicable law) interest at the rate
of 1.0% per annum above the rate borne by the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Reference is made to the further provisions
of this Note set forth on the reverse hereof and the Indenture governing this Note. Such further provisions shall for all purposes have
the same effect as though fully set forth at this place.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Note shall not be valid or become obligatory
for any purpose until the certificate of authentication hereon shall have been signed manually by the Trustee or a duly authorized authenticating
agent under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>, the Issuer has caused
this Note to be duly executed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Dated: August 30, 2021</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>LEXINGTON REALTY TRUST</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%">&thinsp;</TD>
    <TD STYLE="width: 7%">By: </TD>
    <TD STYLE="width: 48%; border-bottom: Black 1pt solid">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD>Name:&thinsp;&thinsp;Joseph S. Bonventre</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD>Title:&thinsp;&thinsp;Executive Vice President</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TRUSTEE&rsquo;S
CERTIFICATE OF AUTHENTICATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This is one of the Notes described in the within-named
Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Dated: August 30, 2021</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>U.S. BANK NATIONAL ASSOCIATION</B>,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">as Trustee</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%">&thinsp;</TD>
    <TD STYLE="width: 7%">By: </TD>
    <TD STYLE="width: 48%; border-bottom: Black 1pt solid">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD>
    <TD STYLE="text-align: center">Authorized Signatory</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3.5in; text-indent: -0.5in">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>[FORM
OF REVERSE SIDE OF NOTE]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Lexington
Realty Trust<BR>
2.375% Senior Notes due 2031</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Note is one of a duly authorized issue
of a series of Securities of the Issuer, designated as its 2.375% Senior Notes due 2031 (herein called the &ldquo;<B>Notes</B>&rdquo;),
issued under and pursuant to an Indenture, dated as of May 9, 2014 (the &ldquo;<B>Base Indenture</B>&rdquo;), by and between the Issuer
and U.S. Bank National Association, as trustee (the &ldquo;<B>Trustee</B>&rdquo;), as supplemented by the Third Supplemental Indenture
dated as of August 30, 2021 (the &ldquo;<B>Third Supplemental Indenture</B>&rdquo;), between the Issuer and the Trustee (the Base Indenture,
as amended and supplemented by the Third Supplemental Indenture, and as may otherwise be amended and/or modified from time to time, the
&ldquo;<B>Indenture</B>&rdquo;), to which Indenture and any indentures supplemental thereto reference is hereby made for a description
of the rights, limitations of rights, obligations, duties and immunities thereunder of the Trustee, the Issuer, any Guarantor and the
Holders of the Notes. Defined terms used but not otherwise defined in this Note shall have the respective meanings ascribed thereto in
the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">If an Event of Default (other than an Event
of Default specified in Section 6.01(f), 6.01(g) or 6.01(h) of the Base Indenture with respect to the Issuer) occurs and is continuing,
the principal of, premium, if any, and accrued and unpaid interest on all Notes may be declared to be due and payable by either the Trustee
or the Holders of at least twenty five percent (25%) in aggregate principal amount of the Notes then outstanding, and, upon said declaration
the same shall be immediately due and payable. If an Event of Default specified in Section 6.01(f), 6.01(g) or 6.01(h) of the Base Indenture
occurs with respect to the Issuer, the principal of and premium, if any, and interest accrued and unpaid on all the Notes shall be immediately
and automatically due and payable without necessity of further action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Indenture contains provisions permitting
the Issuer and the Trustee, with the consent of the Holders of not less than a majority in aggregate principal amount of the Notes at
the time outstanding, to execute supplemental indentures adding any provisions to or changing in any manner or eliminating any of the
provisions of the Indenture or of any supplemental indenture or modifying in any manner the rights of the Holders of the Notes, subject
to exceptions set forth in Section 9.02 of the Base Indenture. Subject to the provisions of the Indenture, the Holders of not less than
a majority in aggregate principal amount of the Notes at the time outstanding may, on behalf of the Holders of all of the Notes, waive
any past Default or Event of Default, subject to exceptions set forth in the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">No reference herein to the Indenture and no
provision of this Note or of the Indenture shall impair, as among the Issuer and the Holder of the Notes, the obligation of the Issuer,
which is absolute and unconditional, to pay the principal of, premium, if any, on and interest on this Note at the place, at the respective
times, at the rate and in the coin or currency herein and in the Indenture prescribed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Interest on the Notes shall be computed on the
basis of a 360-day year of twelve 30-day months.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Notes are issuable in fully registered form,
without coupons, in denominations of $2,000 principal amount and any multiple of $1,000. At the office or agency of the Issuer referred
to on the face hereof, and in the manner and subject to the limitations provided in the Indenture, without payment of any service charge
but with payment of a sum sufficient to cover any tax, assessment or other governmental charge that may be imposed in connection with
any registration or exchange of Notes, Notes may be exchanged for a like aggregate principal amount of Notes of any other authorized denominations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Issuer shall have the right to redeem the
Notes under certain circumstances as set forth in Section 2.10 of the Third Supplemental Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Notes are not subject to redemption through
the operation of any sinking fund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Except as expressly provided in Article XV of
the Base Indenture, no recourse for the payment of the principal of or any premium or interest on this Note, or for any claim based hereon
or otherwise in respect hereof, and no recourse under or upon any obligation, covenant or agreement of the Issuer in the Indenture or
any supplemental indenture or in any Note, or because of the creation of any indebtedness represented thereby, shall be had against any
incorporator, stockholder, partner, member, manager, employee, agent, officer, trustee, director or subsidiary, as such, past, present
or future, of any Guarantor, the Issuer or any of the Issuer&rsquo;s Subsidiaries or of any successor thereto, either directly or through
any Guarantor, the Issuer or any of the Issuer&rsquo;s subsidiaries or of any successor thereto, whether by virtue of any constitution,
statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that all such liability
is hereby expressly waived and released as a condition of, and as consideration for, the execution of the Indenture and the issue of this
Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>ASSIGNMENT
FORM</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">To assign this Note, fill in the form below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; width: 38%; padding-right: 5.4pt; padding-left: 5.4pt">(I) or (we) assign and transfer this Note to:&thinsp;&thinsp;</TD>
    <TD STYLE="width: 62%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 12pt; padding-left: 5.4pt">(Insert assignee&rsquo;s legal name)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Insert assignee&rsquo;s soc. sec. or tax I D. no.)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Print or type assignee&rsquo;s name, address and zip code)</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">and irrevocably appoint __________________ to transfer this Note
on the books of the Issuer. The agent may substitute another to act for him.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Date: _____________</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&thinsp;</TD>
    <TD STYLE="width: 50%">Your Signature:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>(Sign exactly as your name appears <BR>
on the face of this Note)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>*Signature Guarantee:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD>*Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Schedule
of Increases or Decreases In Global Security *</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The following increases and decreases in this
Global Security, have been made:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Date of Increase
    or Decrease</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Amount of decrease
    in Principal Amount at maturity of this Global Security</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Amount of increase
    in Principal Amount at maturity of this Global Security</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal Amount
    at maturity of this Global Security following such decrease (or increase)</B></P></TD>
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Signature of authorized
    signatory of Trustee or Custodian</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">* This schedule should be included only if the Note is issued in
global form.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>EXHIBIT B</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>FORM OF NOTATION OF GUARANTEE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The guarantor listed below (hereinafter referred
to as the &ldquo;<B>Guarantor</B>,&rdquo; which term includes any successors or assigns under the Indenture, dated May 9, 2014, (the &ldquo;<B>Base
Indenture</B>&rdquo;), by and between the Issuer (as defined below) and U.S. Bank National Association, as trustee (the &ldquo;<B>Trustee</B>&rdquo;),
as supplemented by the Third Supplemental Indenture dated as of August 30, 2021 (the &ldquo;<B>Third Supplemental Indenture</B>&rdquo;),
between the Issuer and the Trustee and [REFERENCE APPLICABLE SUPPLEMENTAL INDENTURE GUARANTOR MUST EXECUTE] (the Base Indenture, as so
amended and supplemented, the &ldquo;<B>Indenture</B>&rdquo;), has irrevocably and unconditionally, jointly and severally, guaranteed
on a senior unsecured basis the Guarantee Obligations (as defined in Section 15.01 of the Base Indenture), which include (i) the due and
punctual payment of the principal of, premium, if any, and interest, if any, on the 2.375% Senior Notes due 2031 (the &ldquo;<B>Notes</B>&rdquo;)
of Lexington Realty Trust, a Maryland real estate investment trust (the &ldquo;<B>Issuer</B>&rdquo;), whether at maturity, by acceleration,
call for redemption or otherwise, the due and punctual payment of interest on the overdue principal and premium, if any, and (to the extent
permitted by law) interest on any interest on the Notes, and the due and punctual performance of all other obligations of the Issuer,
to the Holders of the Notes or the Trustee all in accordance with the terms set forth in Article XV of the Base Indenture, and (ii) in
case of any extension of time of payment or renewal of any Notes or any such other obligations, that the same shall be promptly paid in
full when due or performed in accordance with the terms of the extension or renewal, whether at maturity, by acceleration, call for redemption
or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The obligations of the Guarantor to the Holders
of the Notes and to the Trustee pursuant to this Guarantee and the Indenture are expressly set forth in Article XV of the Base Indenture
and reference is hereby made to such Indenture for the precise terms of this Guarantee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">No past, present or future director, trustee,
officer, employee, incorporator, partner, member or stockholder (direct or indirect) of the Guarantor (or any such successor entity),
as such, shall have any liability for any obligations of the Guarantor under this Guarantee or the Indenture or for any claim based on,
in respect of, or by reason of, such obligations or their creation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Guarantor hereby waives diligence, presentment,
demand of payment, filing of claims with a court in the event of merger or bankruptcy of the Issuer, any right to require a proceeding
first against the Issuer, the benefit of discussion, protest or notice with respect to the Notes and all demands whatsoever.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This is a continuing Guarantee and shall remain
in full force and effect and shall be binding upon the Guarantor and its successors and assigns until full and final payment of all of
the Issuer&rsquo;s obligations under the Notes and Indenture or until legally discharged in accordance with the Indenture and shall inure
to the benefit of the successors and assigns of the Trustee and the Holders of the Notes, and, in the event of any transfer or assignment
of rights by any Holder of the Notes or the Trustee, the rights and privileges herein conferred upon that party shall</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&thinsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">automatically extend to and be vested in such transferee or assignee,
all subject to the terms and conditions hereof. This is a Guarantee of payment and performance and not of collectability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Guarantee shall not be valid or obligatory
for any purpose until the certificate of authentication on the Note upon which this Guarantee is noted shall have been signed, in the
name and on behalf of the Trustee under the Indenture, manually by one of the authorized officers of the Trustee under the Indenture or
as otherwise permitted under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The obligations of the Guarantor under this
Guarantee shall be limited to the extent necessary to insure that it does not constitute a fraudulent conveyance under applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">THE TERMS OF ARTICLE XV OF THE INDENTURE ARE
INCORPORATED HEREIN BY REFERENCE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Capitalized terms used herein have the same
meanings given in the Indenture unless otherwise indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>, the Guarantor has
caused this notation of Guarantee to be duly executed as of the day and year first above written.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>SUBSIDIARY GUARANTOR</B>:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2"><B>[_____]</B>., a [_____] [_____], as a Subsidiary Guarantor</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&thinsp;</TD>
    <TD COLSPAN="2">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt">By:</TD>
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Name:&thinsp;&thinsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&thinsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Title:&thinsp;&thinsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&thinsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>exh5-1.htm
<DESCRIPTION>OPINION OF PAUL HASTINGS LLP
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Arial, Helvetica, Sans-Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 5.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="">&nbsp;</TD>
  <TD STYLE="width: 34%">&nbsp;</TD>
  <TD STYLE="width: 33%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/1pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/1pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-bottom: 0.25in; font: 10pt Arial, Helvetica, Sans-Serif">August 30, 2021</TD>
    <TD STYLE="width: 50%; padding-bottom: 0.25in; padding-left: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">Lexington Realty Trust<BR>
One Penn Plaza, Suite 4015<BR>
New York, NY 10019<BR>
Attention: General Counsel</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">Re:</TD><TD STYLE="padding-right: 5.75pt">Lexington Realty Trust - $400,000,000 aggregate principal amount of 2.375% Notes due 2031</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">We have acted as counsel to Lexington Realty Trust, a Maryland real
estate investment trust (the &#8220;<U>Company</U>&#8221;), in connection with the issuance and sale by the Company of $400,000,000 aggregate
principal amount of its 2.375% Notes due 2031 (the &#8220;<U>Notes</U>&#8221;) registered pursuant to the Company&#8217;s Registration
Statement on Form S-3 (File No. 333-253297) (the &#8220;<U>Registration Statement</U>&#8221;) filed with the Securities and Exchange Commission
(the &#8220;<U>Commission</U>&#8221;) under the Securities Act of 1933, as amended (the &#8220;<U>Securities Act</U>&#8221;).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">This opinion letter is being delivered in accordance with the requirements
of Item 601(b)(5) of Regulation S-K under the Securities Act.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">The Notes will be issued pursuant to the Indenture, dated as of May&nbsp;9,
2014 (the &#8220;<U>Base Indenture</U>&#8221;), by and among the Company, certain subsidiaries of the Company and U.S. Bank National Association,
as trustee (the &#8220;<U>Trustee</U>&#8221;), as amended by the Third Supplemental Indenture thereto, dated as of the date hereof (the
&#8220;<U>Supplemental Indenture</U>&#8221; and, together with the Base Indenture, the &#8220;<U>Indenture</U>&#8221;), between the Company
and the Trustee, and will be sold pursuant to the terms of an underwriting agreement, dated August 16, 2021 (the &#8220;<U>Underwriting
Agreement</U>&#8221;), among the Company and J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several
underwriters listed therein (collectively, the &#8220;<U>Underwriters</U>&#8221;).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">As such counsel and for purposes of our opinion set forth below,
we have examined originals or copies, certified or otherwise identified to our satisfaction, of such documents, corporate records, certificates
of public officials and other instruments as we have deemed necessary or appropriate as a basis for the opinions set forth herein, including,
without limitation:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(i)</TD><TD>the Registration Statement;</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(ii)</TD><TD>the base prospectus, dated February 19, 2021, in the form in which it appears in the Registration Statement at the time the Registration
Statement became effective, as supplemented by the prospectus supplement to the base prospectus, as filed by the Company with the Commission
on August 18, 2021 pursuant to Rule 424(b) under the Securities Act (together, the &#8220;<U>Prospectus</U>&#8221;);</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(iii)</TD><TD>the Indenture, including the Notes in the form of the global securities attached to the Indenture; and</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(iv)</TD><TD>the Underwriting Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

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  <TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="">&nbsp;</TD>
  <TD STYLE="width: 34%">&nbsp;</TD>
  <TD STYLE="width: 33%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Lexington Realty Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Page 2</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">In addition to the foregoing, we have made such investigations of
law as we have deemed necessary or appropriate as a basis for the opinion set forth herein.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">The Notes and the Indenture are referred to herein, individually,
as a &#8220;<U>Transaction Document</U>&#8221; and, collectively, as the &#8220;<U>Transaction Documents</U>.&#8221;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">In such examination and in rendering the opinion expressed below,
we have assumed, without independent investigation or verification: (i) the due incorporation and valid existence in good standing of
the Company under the laws of the State of Maryland; (ii) the due authorization, execution and delivery of all agreements, instruments
and other documents by all the parties thereto; (iii) the genuineness of all signatures on all documents reviewed by us; (iv) the authenticity
and completeness of all documents, corporate records, certificates and other instruments reviewed by us; (v) that photocopy, electronic,
certified, conformed, facsimile and other copies of original documents, corporate records, certificates and other instruments reviewed
by us conform to the original documents, records, certificates and other instruments; (vi) the legal capacity and competency of all individuals
executing documents; (vii) that the Transaction Documents are the valid and binding obligations of each of the parties thereto (other
than the Company), enforceable against such parties (other than the Company) in accordance with their respective terms and that no Transaction
Document has been amended or terminated orally or in writing except as has been disclosed to us in writing; (viii) that the statements
contained in the certificates and comparable documents of public officials, officers and representatives of the Company and other persons
on which we have relied for the purposes of this opinion letter are true and correct on and as of the date hereof; (ix) that the Trustee
has satisfied all regulatory and legal requirements applicable to its activities; (x) that the Notes will be duly authenticated by the
Trustee; (xi) that the remedies set forth in the Indenture and the Notes will be exercised in good faith and the Indenture and the Notes
were entered into without fraud or duress and for good, valuable and adequate consideration and without intent to hinder, delay or defeat
any rights of any creditors or stockholders of the Company and (xii) that the form and terms of the Notes, the issuance, sale and delivery
thereof by the Company, and the incurrence and performance by the Company of its obligations thereunder or in respect thereof in accordance
with the terms thereof, will comply with, and will not violate, any applicable order, judgment, decree or award, or any contract, indenture,
mortgage, loan agreement, note, lease or other agreement or instrument, in each case, binding upon the Company, or to which the issuance,
sale and delivery of such Notes, or the incurrence and performance of such obligations, may be subject. As to all questions of fact material
to this opinion letter and as to the materiality of any fact or other matter referred to herein, we have relied (without independent investigation
or verification) upon representations and certificates or comparable documents of officers and representatives of the Company.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">Based upon the foregoing, and in reliance thereon, and subject to
the limitations, qualifications, assumptions and exceptions set forth herein, we are of the opinion that, when the Notes have been duly
executed by the Company, duly authenticated by the Trustee in accordance with the terms of the Indenture, and delivered to and paid for
by the Underwriters pursuant to the terms of the Underwriting Agreement, the Notes will constitute valid and binding obligations of the
Company, enforceable against the Company in accordance with their terms.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">The opinion expressed herein is subject to the following exceptions,
qualifications and limitations:</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Lexington Realty Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Page 3</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">A. It is limited by the effect of (i) any applicable bankruptcy,
insolvency, reorganization, moratorium or similar law and principles affecting creditors&#8217; rights generally, including without limitation
fraudulent transfer or fraudulent conveyance laws and (ii) general principles of equity (including, without limitation, concepts of materiality,
reasonableness, good faith and fair dealing) and the availability of equitable remedies (including, without limitation, specific performance
and equitable relief), regardless of whether considered in a proceeding in equity or at law. In addition, we express no opinion as to
the validity, binding effect or enforceability of any provision of the Indenture or the Notes relating to the separability of provisions
of the Indenture or the Notes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">B. No opinion is expressed herein with respect to the validity, binding
effect or enforceability of any provision of the Indenture or the Notes insofar as it purports to effect a choice of governing law or
choice of forum for the adjudication of disputes or with respect to the acceptance by a federal court located in the State of New York
of jurisdiction of a dispute arising under the Indenture or the Notes, other than (a) the enforceability by a New York State court under
New York General Obligations Law Section 5-1401 of the choice of New York State law as the governing law of the Indenture or the Notes
(subject, however, to the extent limited by the Constitution of the United States and by Section 1-301 of the New York Uniform Commercial
Code), and (b) the enforceability by a New York State court under New York General Obligations Law Section 5-1402 of New York State courts
as a non-exclusive forum for the adjudication of disputes with respect to the Indenture or the Notes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">Without limiting any of the other limitations, exceptions, assumptions
and qualifications stated elsewhere herein, we express no opinion with regard to the applicability or effect of the law of any jurisdiction
other than, as in effect on the date of this opinion letter, the internal laws of the State of New York.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">This opinion letter deals only with the specified legal issues expressly
addressed herein, and you should not infer any opinion that is not explicitly addressed herein from any matter stated in this opinion
letter. This opinion letter is rendered solely in connection with the offering of the Notes. This opinion letter is rendered as of the
date hereof, and we assume no obligation to advise you or any other person with regard to any change after the date hereof in the circumstances
or the law that may bear on the matters set forth herein even if the change may affect the legal analysis or a legal conclusion or other
matters in this opinion letter.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">We hereby consent to the filing of this opinion letter as an exhibit
to the Company&#8217;s Current Report on Form 8-K filed with the Commission on August 30, 2021 for incorporation by reference in the Registration
Statement and to the reference to our Firm under the caption &#8220;Legal Matters&#8221; in the Prospectus. In giving such consent, we
do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act, or the
rules and regulations of the Commission thereunder.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

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    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Very truly yours,</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">/s/ PAUL HASTINGS LLP</P></TD>
    <TD STYLE="width: 50%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"></P>

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<DOCUMENT>
<TYPE>EX-5.2
<SEQUENCE>4
<FILENAME>exh5-2.htm
<DESCRIPTION>OPINION OF VENABLE LLP
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 5.2</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<IMG SRC="image_003.jpg" ALT=""></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">August
30, 2021</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lexington
Realty Trust</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">One
Penn Plaza, Suite 4015<BR>
New York, NY 10119</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Re:&#9;<U>Registration
Statement on Form S-3 (Registration No. 333-253297)</U></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ladies
and Gentlemen:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have served as Maryland counsel to Lexington Realty Trust, a Maryland real estate investment trust (the &#8220;Company&#8221;), in connection
with certain matters of Maryland law arising out of the registration of the issuance of up to $400,000,000 in aggregate principal amount
of the Company&#8217;s 2.375% Senior Notes due 2031 (the &#8220;Notes&#8221;), covered by the above-referenced Registration Statement,
and all amendments thereto (the &#8220;Registration Statement&#8221;), filed by the Company with the U.S. Securities and Exchange Commission
(the &#8220;Commission&#8221;) under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with our representation of the Company, and as a basis for the opinion hereinafter set forth, we have examined originals,
or copies certified or otherwise identified to our satisfaction, of the following documents (hereinafter collectively referred to as
the &#8220;Documents&#8221;):</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Registration Statement and the related form of prospectus included therein and the supplement thereto, substantially in the form
in which it was transmitted to the Commission under the 1933 Act;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Declaration of Trust of the Company, certified by the State Department of Assessments and Taxation of Maryland (the &#8220;SDAT&#8221;);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Amended and Restated Bylaws of the Company, certified as of the date hereof by an officer of the Company;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
A certificate of the SDAT as to the good standing of the Company, dated as of a recent date;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Indenture, dated as of May 9, 2014, as amended and supplemented by the Third Supplemental Indenture, dated as of August 30, 2021
(collectively, the &#8220;Indenture&#8221;), each among the Company, the guarantors named therein and U.S. Bank National Association,
as trustee, relating to the Notes;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Resolutions of the Board of Trustees of the Company relating to, among other things, (a) the sale and issuance of the Notes and (b) the
Indenture, certified as of the date hereof by an officer of the Company;</FONT>&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><IMG SRC="image_004.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Lexington Realty Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Page 2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 A certificate executed by an officer of the Company, dated as of the date hereof; and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Such other documents and matters as we have deemed necessary or appropriate to express the opinion set forth below, subject to the assumptions,
limitations and qualifications stated herein.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
expressing the opinion set forth below, we have assumed the following:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Each individual executing any of the Documents, whether on behalf of such individual or another person, is legally competent to do so.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Each individual executing any of the Documents on behalf of a party (other than the Company) is duly authorized to do so.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Each of the parties (other than the Company) executing any of the Documents has duly and validly executed and delivered each of the Documents
to which such party is a signatory, and such party&#8217;s obligations set forth therein are legal, valid and binding and are enforceable
in accordance with all stated terms.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
Documents submitted to us as originals are authentic. The form and content of all Documents submitted to us as unexecuted drafts do not
differ in any respect relevant to this opinion from the form and content of such Documents as executed and delivered. All Documents submitted
to us as certified or photostatic copies conform to the original documents. All signatures on all Documents are genuine. All public records
reviewed or relied upon by us or on our behalf are true and complete. All representations, warranties, statements and information contained
in the Documents are true and complete. There has been no oral or written modification of or amendment to any of the Documents, and there
has been no waiver of any provision of any of the Documents, by action or omission of the parties or otherwise.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
phrase &#8220;known to us&#8221; is limited to the actual knowledge, without independent inquiry, of the lawyers at our firm who have
performed legal services in connection with the issuance of this opinion.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Based
upon the foregoing, and subject to the assumptions, limitations and qualifications stated herein, it is our opinion that:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is a real estate investment trust duly formed and validly existing under and by virtue of the laws of the State of Maryland and
is in good standing with the SDAT.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-left: 0"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT>&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Lexington Realty Trust</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Page 3</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
issuance, execution and delivery of the Notes have been duly authorized by all necessary trust action of the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
execution and delivery of the Indenture have been duly authorized by all necessary trust action of the Company. The Indenture has been
duly executed and, so far as is known to us, delivered by the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
foregoing opinion is limited to the laws of the State of Maryland and we do not express any opinion herein concerning any federal law
or the laws of any other jurisdiction. We express no opinion as to the applicability or effect of federal or state securities laws, including
the securities laws of the State of Maryland, or as to federal or state laws regarding fraudulent transfers. We note that the Indenture
provides that it shall be governed by the laws of the State of New York. To the extent that any matter as to which our opinion is expressed
herein would be governed by the laws of any jurisdiction other than the State of Maryland, we do not express any opinion on such matter.
The opinion expressed herein is subject to the effect of judicial decisions which may permit the introduction of parol evidence to modify
the terms or the interpretation of agreements.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
opinion expressed herein is limited to the matters specifically set forth herein and no other opinion shall be inferred beyond the matters
expressly stated. We assume no obligation to supplement this opinion if any applicable law changes after the date hereof or if we become
aware of any fact that might change the opinion expressed herein after the date hereof.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
opinion is being furnished to you for submission to the Commission as an exhibit to the Company&#8217;s Current Report on Form 8-K relating
to the Notes (the &#8220;Current Report&#8221;), which is incorporated by reference in the Registration Statement. We hereby consent
to the filing of this opinion as an exhibit to the Current Report and the said incorporation by reference and to the use of the name
of our firm therein. In giving this consent, we do not admit that we are within the category of persons whose consent is required by
Section 7 of the 1933 Act.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9;Very
truly yours,</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;<IMG SRC="image_002.jpg" ALT="" STYLE="height: 56px; width: 189px"></TD></TR>
</TABLE>

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<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>5
<FILENAME>exh8-1.htm
<DESCRIPTION>OPINION OF PAUL HASTINGS LLP REGARDING TAX MATTERS
<TEXT>
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<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Exhibit 8.1</B></FONT></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

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  <TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="">&nbsp;</TD>
  <TD STYLE="width: 34%">&nbsp;</TD>
  <TD STYLE="width: 33%">&nbsp;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 52%">August 30, 2021</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 48%; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 12pt 5.65pt 0 0.5in; text-indent: -0.5in">Lexington Realty Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">One Penn Plaza Suite 4015</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">New York, NY 10119</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">We have acted as counsel to Lexington Realty
Trust, a Maryland statutory real estate investment trust (the &#8220;<U>Company</U>&#8221;). In connection with the issuance and sale
by the Company of the Company&#8217;s $400.0 million aggregate principal amount of 2.375% Senior Notes due 2031 (the &#8220;<U>Notes</U>&#8221;),
pursuant to the automatic shelf registration statement on Form S-3 (&#8220;<U>Form S-3</U>&#8221;), filed by the Company with the Securities
and Exchange Commission (the &#8220;<U>Commission</U>&#8221;) on February 19, 2021, and the prospectus supplement, dated August 16, 2021
(the &#8220;<U>Prospectus Supplement</U>&#8221;), to the prospectus, dated February 19, 2021 (the &#8220;<U>Prospectus</U>&#8221; and
together with the Prospectus Supplement and the Form S-3, as amended, the &#8220;<U>Registration Statement</U>&#8221;), the Company has
requested our opinion concerning the qualification for federal income tax purposes of the Company as a real estate investment trust (&#8220;<U>REIT</U>&#8221;)
under the Internal Revenue Code of 1986, as amended (the &#8220;<U>Code</U>&#8221;), as of the date hereof.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in">This opinion letter is being delivered in accordance
with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act of 1933, as amended. In connection with this opinion,
we have examined and relied upon those documents and such information that we have deemed appropriate, including but not limited to the
following materials:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD>the Registration Statement;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>the Declaration of Trust of the Company, dated as of December 22, 1997, as amended to date;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD>the By-Laws of the Company, as amended to date; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD>the Officer&#8217;s Certificate of the Company, dated as of the date hereof, and the Officer&#8217;s Certificates of Concord Debt
Holdings LLC, a Delaware limited liability company, Concord Debt Funding Trust, a Maryland real estate investment trust, and CDH CDO LLC,
a Delaware limited liability company, dated as of January 11, 2013 (the &#8220;<U>Officer&#8217;s Certificates</U>&#8221;).</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="">&nbsp;</TD>
  <TD STYLE="width: 34%">&nbsp;</TD>
  <TD STYLE="width: 33%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Lexington Realty Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Page 2</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
do not express any opinion concerning any laws of states or jurisdictions other than the federal law of the United States of America.
No opinion is expressed as to the effect that the law of any other jurisdiction might have upon the subject matter of the opinion expressed
herein under conflicts of laws principles or otherwise.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">Except for the opinion expressly set forth below,
we express no other opinions and no opinions should be implied or inferred. Our opinion is limited in all respects to laws and facts existing
on the date hereof. We disclaim any obligation to update the opinion expressed herein for events (including changes of law or facts) occurring
after the date hereof.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">The opinion set forth below is subject to the
following additional assumptions, qualifications and limitations:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">A.</TD><TD>We have made such factual and legal inquiries, including examination of the documents set forth above, as we have deemed necessary
or appropriate for purposes of our opinion and after such inquiries, we are not aware of any material facts inconsistent with representations
made in the Officer&#8217;s Certificates. As to matters of fact relevant to this opinion, we have relied without independent investigation
on, and assumed the accuracy and completeness of, the factual representations in the Officer&#8217;s Certificates. We have not made an
investigation as to, and have not independently verified the facts underlying such representations or covered by the Officer&#8217;s Certificates.
We have consequently relied upon the representations in each Officer&#8217;s Certificate that the information presented in such document
or otherwise furnished to us accurately and completely describes all material facts relevant to our opinion. In addition, to the extent
that any of the representations provided to us in the Officer&#8217;s Certificates are with respect to matters set forth in the Code or
Treasury Regulations thereunder, the individuals making such representations have reviewed with us or other tax counsel the relevant portion
of the Code and the applicable Regulations. With respect to the qualification and taxation of Concord Debt Funding Trust as a REIT under
the Code, for the period prior to and including December 31, 2006, we have also assumed to be true and are expressly relying upon the
opinion, dated December 21, 2006, delivered to Concord Debt Funding Trust, among others, by Katten Muchin Rosenman LLP.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">B.</TD><TD>We have assumed that the Company, Concord Debt Holdings LLC, Concord Debt Funding Trust, and CDH CDO LLC have operated and will continue
to be operated in the manner described in the Officer&#8217;s Certificates, the Registration Statement and the applicable organizational
documents and that all terms and provisions of such documents have been and will continue to be complied with.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">C.</TD><TD>We have assumed the genuineness of all signatures, the authenticity and completeness of all documents, certificates and instruments
submitted to us as originals, the conformity with the originals of all documents, certificates and instruments submitted to us as copies
and the legal capacity to sign of all individuals executing such documents, certificates and instruments.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">D.</TD><TD>We have assumed that there are no oral modifications or written agreements or understandings which limit, modify or otherwise alter
the terms, provisions, and conditions of, or relate to, the Registration Statement and the transactions contemplated therein.</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="">&nbsp;</TD>
  <TD STYLE="width: 34%">&nbsp;</TD>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Lexington Realty Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Page 3</P>


<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>




<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">E.</TD><TD>We express no opinion as to (1) the effect on the opinions expressed herein of the compliance or non-compliance of the Company or
any other party with any state, federal or other laws or regulations applicable to it and (2) the impact, if any, of dispositions, if
any, treated as prohibited transactions pursuant to Section 857 of the Code.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">F.</TD><TD>We have assumed that the Company will use the proceeds of any primary offerings pursuant to the Registration Statement as provided
therein.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">On the basis of the foregoing, and in reliance
thereon, subject to the limitations, qualifications and exceptions set forth herein, it is our opinion that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>Commencing with its taxable year ended December 31, 1993, the Company has been organized and has operated in conformity with the requirements
for qualification as a REIT pursuant to Sections 856 through 860 of the Code, and the Company&#8217;s current and proposed method of operation
will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>The statements set forth in the Prospectus Supplement, under the caption entitled, &quot;Material U.S. Federal Income Tax Consequences,&quot;
insofar as they purport to summarize the legal matters referred to therein, are accurate summaries of such legal matters in all material
respects.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">The above opinion is based on the Code, Treasury
Regulations promulgated thereunder, administrative pronouncements and judicial interpretations thereof, in each case as in effect on the
date hereof, all of which are subject to change. An opinion of counsel merely represents counsel&#8217;s best judgment with respect to
the probable outcome on the merits and is not binding on the Internal Revenue Service or the courts. Accordingly, there can be no assurance
that the Internal Revenue Service will not take a contrary position, that the applicable law will not change, or that any such change
will not have retroactive effect. We assume no obligation to advise you of any changes in our opinion subsequent to the delivery of this
opinion letter. Moreover, the Company&#8217;s qualification and taxation as a REIT depend upon the Company&#8217;s ability to meet, on
a continuing basis, through actual annual operating and other results, the various requirements under the Code with regard to, among other
things, the sources of its gross income, the composition of its assets, the level of its distributions to stockholders, and the diversity
of its stock ownership. Paul Hastings LLP will not review the Company&#8217;s compliance with these requirements on a continuing basis.
Accordingly, no assurance can be given that the actual results of the Company&#8217;s operations for any one taxable year will satisfy
such requirements.</P>


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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="">&nbsp;</TD>
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  <TD STYLE="width: 33%">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Lexington Realty Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">August 30, 2021</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Page 4</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0.5in">Subject
to the following sentence, this opinion is being rendered to you for your sole use and may not be made available to or relied upon by
any other person, firm or entity without our express prior written consent. We hereby consent to the filing of this opinion as an exhibit
to the Company&#8217;s Current Report on Form 8-K relating to the Notes, which is incorporated by reference in the Registration Statement,
and the reference to our firm name under the caption entitled, &#8220;United States Federal Income Tax Considerations,&#8221; in the Prospectus.
In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of
the Securities Act of 1933, as amended.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Very truly yours,</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.5in 0 0"><FONT STYLE="text-transform: uppercase">/</FONT>s<FONT STYLE="text-transform: uppercase">/
Paul Hastings LLP</FONT></P>

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    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>12
<FILENAME>lxp-20210830_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
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<?xml version="1.0" encoding="US-ASCII" ?>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140029046183512">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Aug. 30, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfCapitalizationEquityLineItems', window );"><strong>Schedule of Capitalization, Equity [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Aug. 30,  2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-12386<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">LEXINGTON REALTY TRUST<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000910108<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">13-3717318<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">One Penn Plaza, Suite 4015<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10119-4015<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(212)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">692-7200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=LXP_SharesOfBeneficialInterestParValue0.0001PerShareClassifiedAsCommonStockMember', window );">Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfCapitalizationEquityLineItems', window );"><strong>Schedule of Capitalization, Equity [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">LXP<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=LXP_Sec6.50SeriesCCumulativeConvertiblePreferredStockParValue0.0001PerShareMember', window );">6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfCapitalizationEquityLineItems', window );"><strong>Schedule of Capitalization, Equity [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">LXPPRC<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
