SAN FRANCISCO (S&P Global Ratings) Nov. 2, 2026--S&P Global Ratings today discontinued its'BBB-'issuer credit rating on LXP Industrial Trust . This follows LXP’s acquisition by affiliates of Brookfield Asset Management Ltd. and Canada Pension Plan completed on Nov. 2, 2026. We placed our ratings on LXP on CreditWatch with negative implications on July 23, 2026. General Criteria: Hybrid Capital: Methodology And Assumptions , Oct. 13, 2025 Criteria Corporates General: Corporate Methodology , Jan. 7, 2024 Criteria Corporates General: Methodology: Management And Governance Credit Factors For Corporate Entities , Jan. 7, 2024 General Criteria: Environmental, Social, And Governance Principles In Credit Ratings , Oct. 10, 2021 General Criteria: Group Rating Methodology , July 1, 2019 Criteria Corporates General: