SECURITIES AND EXCHANGE COMMISION
                             Washington, D.C. 20549


                                    Form 8-K

                                 Current Report
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



       Date of Report (Date of earliest event reported): October 28, 2003
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                      LEXINGTON CORPORATE PROPERTIES TRUST
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             (Exact Name of Registrant as specified in its charter)


       Maryland                       1-12386                   13-3717318
       --------                       -------                   ----------
(State or other jurisdiction        (Commission File           (IRS Employer
    of incorporation)                    Number)            Identification No.)


                 355 Lexington Avenue, New York, New York 10017
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               (Address of Principal Executive Offices) (Zip Code)


               Registrant's telephone number, including area code:
                                 (212) 692-7260
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                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)







Item 5.  Other Events.

        On October 28, 2003, Lexington Corporate Properties Trust, a Maryland
statutory real estate investment trust (the "Trust"), entered into an
Underwriting Agreement, dated as of October 29, 2003 (the "Underwriting
Agreement"), between Wachovia Capital Markets, LLC, on the one hand, and the
Trust, Lepercq Corporate Income Fund L.P. ("LCIF I"), Lepercq Corporate Income
Fund II L.P. ("LCIF II") and Net 3 Acquisition L.P. ("Net 3"), on the other,
with respect to the offering by the Trust (the "Offering") of 5,300,000 shares
("Offered Shares") of the Trust's common shares of beneficial interest, par
value $0.0001 per share ("Common Shares"), and up to an additional 795,000
Common Shares ("Option Shares") which may be issued and sold pursuant to the
Underwriter's over-allotment option, pursuant to an effective shelf registration
statement on Form S-3 (Registration No. 333-109393) as amended and supplemented
by a prospectus supplement dated October 28, 2003. The Underwriting Agreement is
attached as Exhibit 1.1 hereto and is incorporated herein by reference.

        On October 29, 2003, the Trust issued a press release announcing the
pricing of the Offering. A copy of the press release is attached as Exhibit 99.1
hereto and is incorporated herein by reference.

        On October 31, 2003, Piper Rudnick LLP delivered its legality opinion
with respect to the Offered Shares and the Option Shares. A copy of the legality
opinion is attached as Exhibit 5.1 hereto.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

        (a) not applicable

        (b) not applicable

        (c) Exhibits

            1.1  Underwriting Agreement, dated as of October 28, 2003, between
                 Wachovia Capital Markets, LLC, on the one hand, and Lexington
                 Corporate Properties Trust, Lepercq Corporate Income Fund L.P.,
                 Lepercq Corporate Income Fund II L.P. and Net 3 Acquisition
                 L.P., on the other.

            5.1  Opinion of Piper Rudnick LLP.

            23.1 Consent of Piper Rudnick LLP (included as part of Exhibit 5.1).

            99.1 Press Release dated October 29, 2003.







        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                       By: Lexington Corporate Properties Trust

October 31, 2003                       By:/s/ Patrick Carroll
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                                          Patrick Carroll
                                          Chief Financial Officer