Morgan Lewis and Lexington Realty Trust Announce Seven-Year Lease Extension at Six Penn Center in Philadelphia, PA

PHILADELPHIAand NEW YORK, Jan. 25, 2012/PRNewswire/ -- Morgan, Lewis & Bockius LLP (Morgan Lewis) and Lexington Realty Trust (NYSE: LXP) announced today that Morgan Lewisextended its lease for 289,432 square feet of Class A office space at Six Penn Center in Philadelphia, PAwhich is owned by a joint venture controlled by Lexington Realty Trust. Morgan Lewis, one of the 15 largest law firms in the US according to The National Law Journal's NLJ250, leases 100% of the office space at Six Penn Center consisting of floors six through 18. The lease now expires on January 31, 2021. The building also contains prime ground floor retail space and four levels of structured parking.

(Logo: http://photos.prnewswire.com/prnh/20070205/LAM022LOGO)

Morgan Lewiswas represented by W. Whitney Hunterand Peter Talmanof Jones Lang LaSalle. Locally-based Pitcairn Properties Management Co. LLC will continue to be responsible for the management of the building.

ABOUT MORGAN, LEWIS & BOCKIUS LLP

With 22 offices in the United States, Europe, and Asia, Morgan Lewisprovides comprehensive transactional, litigation, labor and employment, regulatory, and intellectual property legal services to clients of all sizes-from global Fortune 100 companies to just-conceived startups- across all major industries. Its international team of attorneys, patent agents, employee benefits advisors, regulatory scientists, and other specialists-nearly 3,000 professionals total-serves clients from locations in Beijing, Boston, Brussels, Chicago, Dallas, Frankfurt, Harrisburg, Houston, Irvine, London, Los Angeles, Miami, New York, Palo Alto, Paris, Philadelphia, Pittsburgh, Princeton, San Francisco, Tokyo, Washington, D.C., and Wilmington. For further information about Morgan Lewisor its practices, please visit: www.morganlewis.com.

ABOUT LEXINGTONREALTY TRUST

Lexington Realty Trust is a real estate investment trust that owns, invests in and manages single-tenant office, industrial and retail properties leased to major corporations throughout the United States. Lexingtonalso provides investment advisory and asset management services to investors in the single-tenant area. Lexington's common shares are traded on the New York Stock Exchange under the symbol "LXP". Additional information about Lexingtonis available on-line at www.lxp.com or by contacting Lexington Realty Trust, Investor Relations, One Penn Plaza, Suite 4015, New York, New York10119-4015.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under Lexington's control which may cause actual results, performance or achievements of Lexingtonto be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those factors and risks detailed in Lexington's periodic filings with the Securities and Exchange Commission. Lexingtonundertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the occurrence of unanticipated events. Accordingly, there is no assurance that Lexington's expectations will be realized.

SOURCE Lexington Realty Trust