Lexington obtained the secured credit facility, which includes a$165-million term loan and an $85-million revolving creditagreement, through KeyBank National Association, according to arelease. The unsecured revolving credit facility had an outstandingbalance of $25 million as of Dec. 31, 2008, while the term loan had$174.3 million outstanding as of that date.

The new facility bears interest at 2.85% over LIBOR and willmature in February 2011, but can be extended until February 2012 atLexington's option, the release states. It's secured by a borrowingbase of 72 properties.

Additionally, Lexington has the option of increasing the size ofthe term loan by $135 million and the revolving loan by $115million, pending approval by its lenders. This would double thecredit facility to $500 million, and would be secured by addingproperties to the borrowing base.