Lexington Boosts Stake in LSAC

Lexington Corporate Properties Trust, a New York-based real estate investment trust, has reported the acquisition of additional shares of Lexington Strategic Asset Corp., bringing its ownership of LSAC's common stock to approximately 76.2%.The purchase, totaling approximately $14.4 million, was made at a price of $9.30 per share, the company said. LSAC is a real estate investment company that is externally advised by a subsidiary of Lexington. The REIT can be found on the Web at http://www.lxp.com.

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