Paul Hastings advised Lexington Realty Trust (NYSE: LXP), a leading real estate investment trust focused on single-tenant real estate investments across the nation, in connection with its follow-on public offering.

The company sold an aggregate of 11,500,000 common shares, including 1,500,000 common shares issued pursuant to the full exercise of the underwriters’ over-allotment option. The transaction raised gross proceeds of approximately $128.5 million for the company.

Securities and Capital Markets partner Scott Saks and associate Shehzad Siddiqui led the Paul Hastings team, which also included associate Melissa Fishkin and Tax partner Kristen Chang Winckler and associate LiHao Zhang.

The Paul Hastings team has also represented Lexington Realty Trust their prior follow-on public offerings.