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11/18/14Liberty Property Trust Announces Acquisition and Disposition Activity
Liberty adds to its Southern California distribution portfolio and sells multi-tenant industrial and office properties in Houston and Minnesota  MALVERN, Pa., Nov. 18, 2014 /PRNewswire/ -- Liberty Property Trust (NYSE: LPT), has acquired a distribution property in Southern California for $27.3 million, and sold six properties in Houston and Minnesota for $70.7 million.  Southern California  Liberty added to its holdings in the Inland Empire with the purchase of 1920 We... 
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10/21/14Liberty Property Trust Hosts Formal Ground Breaking Ceremony at Dayton Distribution Center I in the Twin Cities
Eden Prairie, MN – October 21, 2014 – Liberty Property Trust (on Monday 10/20) celebrated its official groundbreaking of Dayton Distribution Center I, located along I-94. The 247,004 square foot building is expected to be completed by spring 2015.   “We fast-tracked this project since closing on the 20-acre parcel last month, and we thank the City of Dayton, its planning commission and city council for their support of our project,” said Dave Jellison, vice president and city m... 
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09/17/14Liberty Property Trust Breaks Ground on New Industrial Center in the Twin Cities
Eden Prairie, MN – September 17, 2014 – Liberty Property Trust today announced that it has begun site work at its recently acquired 20-acre parcel, to be known as Dayton Distribution Center. Construction of Dayton Distribution Center I totaling 247,000 square feet, will commence immediately, with expected delivery by spring 2015.   “From putting the land under contract to the start of site work was less than 60 days. The City of Dayton’s Mayor, Planning Commission, City Counci... 
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09/10/14Liberty Property Trust Details Development Starts and Leasing Activity
MALVERN, Pa., Sept. 10, 2014 /PRNewswire/ -- Liberty Property Trust announced that the company has begun development of eight industrial projects totaling 2.2 million square feet thus far in the third quarter. The starts represent a projected total investment of $150 million. Liberty also announced two large leases totaling 1.2 million square feet in industrial properties in Pennsylvania.   Third Quarter Industrial Development Starts 11835 Newgate Boulevard, Hag... 
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07/30/14Dan Lofgren Joins Liberty Property Trust as Director of Leasing in Minnesota
Eden Prairie, MN – July 30, 2014 – Liberty Property Trust today announced that Dan Lofgren has been hired as director of leasing for the company’s Minnesota region.  In his new role, Mr. Lofgren will be responsible for leasing Liberty’s Minnesota portfolio of office and industrial properties, which total approximately five million square feet.  Mr. Lofgren will specifically focus on leasing Liberty’s growing industrial portfolio, as well as pursue various development opportunit... 
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02/18/14Liberty Property Trust Unveils its New Visual Identity
Logo, color palette, tagline showcase Liberty’s national strengths MALVERN, PA – February 18, 2014 – Liberty Property Trust, a leader in the development and management of high performance  industrial and office properties, today unveiled a new visual identity including a new logo, tagline, color palette and updated positioning. The new identity is designed to better align Liberty’s visual presentation with its national operating platform, cutting-edge development capabilities, fina... 
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12/30/13Liberty Property Trust Completes Sale Of 49 Properties
MALVERN, Pa., Dec. 30, 2013 /PRNewswire/ -- Liberty Property Trust (NYSE: LRY) today announced that it has closed on the sale of 49 properties totaling approximately four million square feet of space and 140 acres of land, for proceeds of $367.7 million. This sale is part of the previously announced transaction consisting of a total of 97 properties. Sale of the balance of the portfolio, for proceeds of $329.6 million, is scheduled for late January 2014. The initial closing consists of 1.9 m... 
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12/30/13Property List: Liberty Completes Sale of 49 Properties
4190 Belfort Road Jacksonville FL 32216 Off.     119,047 4345 Southpoint Boulevard Jacksonville FL 32216 Off.     104,358 4801-100 Executive Park Court Jacksonville FL 32216 Flex       60,000 4801-200 Executive Park Court ... 
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11/07/13Property List: Liberty Property Trust to Sell 97 Properties in Five States
Address City State Zip Type SF 4190 Belfort Road Jacksonville FL 32216 Off.  119,047 4345 Southpoint Boulevard Jacksonville FL 32216 Off.  104,358 4801-100 Executive Park Court Jacksonville FL 32216 Flex    ... 
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11/07/13Liberty Property Trust To Sell 97 Properties In Five States
MALVERN, Pa., Nov. 7, 2013 /PRNewswire/ -- Liberty Property Trust (NYSE: LRY) today announced it has entered into an agreement to sell 97 properties totaling 6.6 million square feet of space and 159 acres of land for approximately $705 million. The sale consists of 4.0 million square feet of office properties, 2.3 million square feet of flex properties and 274,000 square feet of industrial properties and includes Liberty's Jacksonville, Florida portfolio in its entirety, all of the office proper... 
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10/09/13Liberty Property Trust's Minnesota Region Gains Five Industrial Industrial Buildings with the Company's Purchase of the Operating Partnership of Cabot Industrial Value Fund III
Properties in three submarkets increase the reach and depth of Liberty’s industrial portfolio in the Twin Cities Eden Prairie, MN – October 9, 2013 – Liberty Property Trust (NYSE: LRY) announced that its previously announced acquisition of the operating partnership of Cabot Industrial Value Fund III was completed today for a purchase price of $1.475 billion. Locally, the purchase includes five industrial buildings in the Minneapolis area totaling 438,222 square feet of space. The move... 
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10/09/13List of Properties Acquired in Purchase of Operating Partnership of Cabot Industrial Value Fund III
 Address  City  State  Zip  SF  1858 East Encanto Drive   Tempe   AZ   85281      81,817  475 West Vaughn Street   Tempe   AZ   85283      67,454  12601 Industry Street   Garden Grove   CA   92841      36,303  12641 In... 
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10/08/13Liberty Property Trust Completes Purchase of Operating Partnership of Cabot Industrial Value Fund III
MALVERN, Pa., Oct. 8, 2013 /PRNewswire/ -- Liberty Property Trust (NYSE: LRY) announced that its previously announced acquisition of the operating partnership of Cabot Industrial Value Fund III was completed today for a purchase price of $1.475 billion. The transaction has increased Liberty's industrial platform by approximately 23 million square feet and added 177 properties in 24 new and existing Liberty industrial markets.  Approximately 58% of the total portfolio is located in existing L... 
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10/08/13Liberty Property Trust Sees Strong Activity on Liberty Industrial Park at Diamond Lake
First speculative distribution building 62% leased, Liberty starts construction of next building Eden Prairie, MN – October 7, 2013 – Liberty Property Trust has begun development of a state-of-the-art multi-tenant industrial building at Liberty Industrial Park at Diamond Lake. Totaling 227,054 square feet, 13225 Brockton Lane North will complete the park’s build-out. “We continue to experience strong tenant demand in the northwest industrial market, particularly in Rogers,” said Dave Je... 
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10/01/13Liberty Property Trust Achieves Record Industrial Leasing In Third Quarter
MALVERN, Pa., Oct. 1, 2013 /PRNewswire/ -- Liberty Property Trust announced today that the company leased 7.5 million square feet in its industrial portfolio in the third quarter of 2013, the highest quarterly leasing total in its 41 year history. Contributing to leasing volume were the following: Existing development pipeline 2785 Commerce Center Blvd., Bethlehem, PA. Walmart has leased this recently completed 1.2 million square foot distribution facility. The lease will commence Janu... 
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07/31/13Liberty Property Trust to Acquire Operating Partnership of Cabot Industrial Value Fund III
MALVERN, Pa., July 31, 2013 /PRNewswire/ -- Liberty Property Trust (NYSE: LRY) has entered into a definitive agreement to acquire the operating partnership of Cabot Industrial Value Fund III for a purchase price of $1.475 billion. Including related net transaction expenses and anticipated capital expenditures, the total costs are expected to be approximately $1.5 billion. The transaction is expected to close in October of 2013 and is subject to the satisfaction of customary closing conditions. ... 
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06/11/13Liberty Property Trust Closes 18 Deals In Minnesota During the First Five Months of 2013
EDEN PRAIRIE, MN – June 11, 2013 - Liberty Property Trust (NYSE:LRY) today announced that it has closed 18 lease agreements totaling more than 600,000 square feet of space in its Minnesota region during the first five months of 2013. “Whether we have been working with prospects on new leases, renewals or expansions, there’s been an energy of ‘moving forward’ that has been strong since the start of the year,” Dave Jellison, senior vice president and city manager for Liberty’s Minnesota regio... 
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01/14/13Liberty Property Trust Buys Two Buildings at Park 2000 in Shakopee, MN
EDEN PRAIRIE, MN – January 11, 2013 - Liberty Property Trust (NYSE:LRY) today announced that it has purchased two buildings located at Park 2000 in Shakopee, Minnesota. “We are very excited about our first industrial assets in Shakopee,” Dave Jellison, senior vice president and city manager for Liberty’s Minnesota region. “These are two newer, well-designed industrial buildings in a marketplace that should only become more desirable with the completion of the interchange at I-494 and Highway 1... 
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12/19/12Liberty Property Trust Announces $155 Million Investment In Industrial Acquisitions In Fourth Quarter
MALVERN, Pa., Dec. 19, 2012 /PRNewswire/ -- Liberty Property Trust has announced that it has closed on the acquisition of 19 industrial buildings totaling three million square feet for $155 million thus far during the fourth quarter. The properties consist of 12 properties in Tampa, FL, totaling 1.2 million square feet; two buildings in suburban Chicago, IL totaling 1.2 million square feet; three properties in Charlotte, NC totaling 376,000 square feet; and two buildings in Shakopee, MN to... 
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12/14/12Liberty Property Trust Announces the Signing of the First Lease at Liberty Industrial Park at Diamond Lake in Rogers, MN
ADO Products, LLC, takes 57,067 square feet at 13220 Wilfred Lane North EDEN PRAIRIE, MN – December 13, 2012 - Liberty Property Trust today announced that ADO Products, LLC has signed a lease for 57,067 square feet of space in its new bulk warehouse building, Liberty Industrial Park at Diamond Lake – Building 2 in Rogers, MN. The 227,000 square foot Class A property, located at 13220 Wilfred Lane North, is designed to achieve LEEDÒ certification. It is expected that ADO will move into the sp... 
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08/29/12Liberty Property Trust Leases More Than 260,000 Square Feet of Space During the Second Quarter in Minnesota as Activity Remains High
Two flex space leases announced EDEN PRAIRIE, MN – August 28, 2012 - Liberty Property Trust (NYSE:LRY) today announced that it executed 14 leases during the second quarter of the year for a total of 262,946 square feet of space. “In spite of these uncertain economic times, we have been very pleased with the amount of interest in our portfolio from current tenants and prospects,” said Dave Jellison, senior vice president and city manager for Liberty’s Minnesota region. “The importance of... 
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07/17/12Liberty Property Trust Names Kenneth K. Chang, P.E., LEED AP As Senior Project Manager In The Central Region
HOUSTON, TX – July 11, 2012 – Liberty Property Trust today announced that Kenneth K. Chang, P.E., LEED AP, has joined the company as Senior Project Manager. Chang will be responsible for new development and industrial property improvement projects in Liberty’s Central Region which spans Texas, Arizona, Illinois and Minnesota. “Ken comes to Liberty with a strong knowledge of development and a commitment to sustainability that will serve our tenants well,” said Joe Trinkle, senior vice preside... 
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05/31/12Liberty Property Trust To Develop A 227,000 SF Multi-Tenant Industrial Building At Liberty Industrial Park At Diamond Lake
EDEN PRAIRIE, MN – MAY 30, 2012 - Liberty Property Trust (NYSE:LRY) today announced that it will soon break ground on a 227,000 square foot multi-tenant industrial building at Liberty Industrial Park at Diamond Lake in Rogers, MN. The speculative building will be located on 13 acres at 13320 Wilfred Lane North on a section of the 55-acre parcel the company bought in 2011. Liberty plans to break ground in June and have the project completed by the end of the year. The building, designed to m... 
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04/24/12Liberty Property Trust Welcomes Two Tenants To Newly Acquired Rogers Distribution Center
EDEN PRAIRIE, MN – April 23, 2012 - Liberty Property Trust (NYSE:LRY) today announced that two tenants have moved into Rogers Distribution Center during the first quarter of 2012. Both long term leases are at 13098 George Weber Drive. Alive Companies, Inc. signed a lease for 37,575 square feet and Perkins Power-Motion Products, Inc. (known commercially as “Baldor”) signed a lease for 23,660 square feet. Both companies have moved into the 147,160 square foot industrial building, bringing it... 
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12/15/11Liberty Property Trust Named One Of The Top Commercial Real Estate Firms In The Americas For Its Leadership In Environmental Practices
Minnesota Region’s Commitment to Sustainable Property Management Contributes to National Recognition EDEN PRAIRIE, MN – December 12, 2011 – For the second year in a row, Liberty Property Trust (NYSE:LRY) has ranked in the top three among 64 North and South America-based commercial real estate companies and funds for its environmental and social performance. The international study – “GRESB 2011 Research Report” – was completed by the GRESB Foundatio... 
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10/27/11Liberty Property Trust Signs Universal Hospital Services At Newly Renamed "One Liberty Corporate Center" In Bloomington
Agreement absorbs 54,000+ square feet of Class A space in advance of availability EDEN PRAIRIE, MN – OCTOBER 24, 2011 - Liberty Property Trust (NYSE:LRY) today announced it has executed a new, long term lease with Universal Hospital Services, Inc. for a full floor of Class A office space at One Liberty Corporate Center (6625 W. 78th Street) in Bloomington. The tenant plans to relocate its United States headquarters to the location. Corey Whitbeck of TaTonka Real Estate Advisors rep... 
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09/30/11Liberty Property Trust Purchases Three Office Buildings In Minnetonka
EDEN PRAIRIE, MN – September 30, 2011 - Liberty Property Trust (NYSE:LRY) today announced that it purchased three office properties at Minnetonka Corporate Campus in Minnetonka, MN. The three buildings total more than 231,000 square feet and were purchased for approximately $11 million. “These three buildings are well built and well located in the southwest Twin City submarket, an area in which we have a significant concentration of holdings,” said Dave Jellison, senior vice president, city ma... 
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09/27/11Liberty Property Trust Expands Its Footprint In Minnesota With The Acquisition Of Buildings In Champlin, Eagan and Rogers
EDEN PRAIRIE, MN – September 27, 2011 - Liberty Property Trust (NYSE:LRY) today announced that it purchased three industrial distribution properties in Minnesota totaling more than 450,000 square feet of space. The properties were purchased for approximately $25 million. Dave Jellison, senior vice president, city manager for Liberty in the state said: “We are strategically expanding our industrial distribution footprint in this market and it is our belief that these buildings are in location... 
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04/26/11Liberty Property Trust Announces Senior Management Appointments, Market Realignment
MALVERN, Pa., April 26, 2011 /PRNewswire via COMTEX/ -- Liberty Property Trust (NYSE: LRY) announced the following management appointments: Joe Trinkle has been promoted to senior vice president and named regional director of the company's newly-aligned Central Region. As regional director, Trinkle will oversee development, leasing, property management, acquisitions and dispositions for Liberty's operations in Arizona, Illinois, Minnesota, Houston and Wisconsin. He will maintain his office in ... 
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04/15/11Liberty Property Trust Capitalizes on Market Shift
Tenants More Willing to Commit to Space; Three New Tenants Join the Minnesota Portfolio During First Quarter EDEN PRAIRIE, MN – April 12, 2011 - Liberty Property Trust (NYSE:LRY) today announced that it added three new tenants to its portfolio during the first quarter of 2011 for a total of 87,059 square feet of leased space. “We saw good, consistent activity during the first quarter and have been especially encouraged by the significant drop in the time taken by tenants to make leas... 
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10/27/10Liberty Property Trust Fills Shady Oak Business Center Building B Within A Week Of Vacancy
Savillex Corporation Begins Fit-Out Process Nearly Immediately EDEN PRAIRIE, MN – October 7, 2010 - Liberty Property Trust (NYSE:LRY) today announced that Savillex Corporation, a performance plastics injection molding manufacturer in the laboratory industry, has signed a long term lease for Shady Oak Business Center “B” Building (10321 West 70th Street) in Eden Prairie. The 23,183 square foot office building became vacant on August 31. Savillex toured the space and signed the lease du... 
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07/16/10Liberty Minnesota Completes More Than A Dozen Leases During Second Quarter 2010
Kroll On-Track Completes Expansion into Sixth Building at Flying Cloud Corporate Center EDEN PRAIRIE, MN – July 14, 2010 - Liberty Property Trust (NYSE:LRY) today announced that it finalized 14 new and renewed leases in the second quarter for a total of 155,661 square feet of space. “Several of these deals are expansions for existing tenants, which we see as a very positive sign,” said Brad Butler, senior leasing representative for Liberty in Minnesota. “Companies are looking to ... 
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07/09/10Liberty Property Trust Signs Dominium At Northwest Business Campus I In Plymouth
EDEN PRAIRIE, MN – July 9, 2010 - Liberty Property Trust (NYSE:LRY) today announced that Dominium Management Services LLC has signed a long term lease at Northwest Business Campus I, effective August 1. With the signing of this lease for 31,261 square feet, occupancy in the building reaches 95%. “We are seeing the first real wave of companies looking for new or significantly expanded space,” said Brad Butler, senior leasing representative for Liberty in Minnesota. “This lease with Dominium ... 
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06/30/10The Legacy Of Founder Bill Rouse Lives On Through Day Of Caring Program
EDEN PRAIRIE, MN – June 22, 2010 – On Friday, June 18, Liberty Property Trust employees from the Minnesota region office traded in their suits and cell phones for t-shirts and gloves, hammers and screwdrivers to participate in the 7th annual Bill Rouse Day of Caring. Liberty closed its 20+ offices for a full day so that teams of employees could work on community service projects in memory of the company’s founder, Willard G. Rouse III. Bill Rouse was as committed to community service and i... 
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04/30/10Liberty Ranks First In Environmental Policy Implementation & Measurement In International Study
Minneapolis Region’s Commitment to Sustainable Property Management Contributes to National Recognition and One Million Dollars in Savings MINNEAPOLIS – April 17, 2010 – Liberty Property Trust (NYSE:LRY) has ranked first among US commercial real estate developers for its implementation and measurement of its sustainable property management policy. The international study – Environmental Performance: A Global Perspective on Commercial Real Estate In... 
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04/07/10Liberty Minnesota More Than Doubles Square Footage Leased In First Quarter 2010
EDEN PRAIRIE, MN – April 2, 2010 - Liberty Property Trust (NYSE:LRY) today announced that leasing activity in the first quarter of 2010 increased 138% when compared to first quarter 2009. Leasing from the first of the year totaled 134,824 square feet, compared to 56,754 square feet in first quarter 2009. Nine leasing agreements included four new leases, three renewals and two expansions. “The trend toward positive absorption continued through the quarter,” said Brad Butler, senior leasing ... 
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03/03/10Liberty Minnesota Begins 2010 With Strong Leasing Activity
FOR IMMEDIATE RELEASE General Inquiries: Dave Jellison, Liberty Property Trust, 952/947-1100 Media Contact: Robbie Tarpley Raffish, a.s.a.p.r., 410/883-2000 LIBERTY PROPERTY TRUST STARTS 2010 WITH STRONG LEASING ACTIVITY GSA Signs New Lease for 17,270 Square Feet at Normandale Ponds in Bloomington; Time Warner Takes 100% of 5450 Feltl Road EDEN PRAIRIE, MN – March 2, 2010 - Liberty Property Trust (NYSE:LRY) today announced that it has been experiencing strong leasing activity since the sta... 
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01/21/10Minnesota Office Closes 2009 With Strong Leasing Activity
FOR IMMEDIATE RELEASE General Inquiries: Dave Jellison, Liberty Property Trust, 952/947-1100 Media Contact: Robbie Tarpley Raffish, a.s.a.p.r., 410/883-2000       lIBERTY PROPERTY TRUST CLOSES FOURTH QUARTER WITH Two NEW LEASES,   THREE EXPANSIONS AND TWO RENEWALS FOR 141,191 SQUARE FOOT GAIN   Compellent Technologies leads the way with a 73,000 square foot expansion at Lake Smetana   EDEN PRAIRIE, MN – January 21, 2010 - Liberty Property Trust (NYSE:L... 
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11/05/09Minnesota Office Leases More Than 100,000 SF In Third Quarter 2009
FOR IMMEDIATE RELEASE General Inquiries: Dave Jellison, Liberty Property Trust, 952/947-1100 Media Contact: Robbie Tarpley Raffish, a.s.a.p.r., 410/883-2000 LIBERTY PROPERTY TRUST LEASES 102,507 SQUARE FEET OF SPACE AND BRINGS TWO BUILDINGS TO 100% OCCUPANCY IN THIRD QUARTER EDEN PRAIRIE, MN – November 5, 2009 - Liberty Property Trust, (NYSE:LRY), the real estate investment trust that owns and manages nearly four million square feet ... 
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08/24/09Liberty Welcomes Three New Tenants In Minnesota
FOR IMMEDIATE RELEASE General Inquiries: Dave Jellison, Liberty Property Trust, 952/947-1100 Media Contact: Robbie Tarpley Raffish, a.s.a.p.r., 410/883-2000 LIBERTY PROPERTY TRUST WELCOMES THREE NEW TENANTS IN MINNESOTA Lease with Sara Lee Corporation brings 10400 Viking Drive to 100% occupancy EDEN PRAIRIE, MN – August 24, 2009 - Liberty Property Trust, (NYSE:LRY), the real estate investment trust that owns and manages nearly four million square feet of office, flex and indust... 
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04/21/09Liberty To help US Service Personnel Phone Home As It E-Cycles Cell Phones In 18 Cities This Earth Day
FOR IMMEDIATE RELEASE April 20, 2009 LIBERTY PROPERTY TRUST TO HELP U.S. SERVICE PERSONNEL PHONE HOME AS IT E-CYCLES CELL PHONES IN 18 CITIES THIS EARTH DAY Illinois, Wisconsin and Minnesota Region Offices to Participate WHAT: Liberty Property Trust will collect used cell phones in 18 of its regions this Earth Day – Wednesday, April 22 – in support of Cell Phones for Soldiers, a charitable foundation that provides calling cards to U.S. soldiers stationed overseas. ... 
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01/30/09Liberty Begins 2009 With Two New Leases And Two Renewals
Activision Publishing and SightPath Medical both expand EDEN PRAIRIE, MN – January 30, 2009 - Liberty Property Trust, (NYSE:LRY), the real estate investment trust that owns and manages nearly four million square feet of office, flex and industrial space throughout Minnesota, today announced the signing of four lease agreements totaling 52,667 square feet of office space. In West Bloomington Technology Park, SightPath Medical, Inc. renewed and expanded its location at 5775 W. ... 
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07/14/08Liberty Announces New Leases And Renewals In Minnesota
EDEN PRAIRIE, MN – July 14, 2008 – Liberty Property Trust, (NYSE:LRY), the real estate investment trust that owns and manages nearly four million square feet of office, flex and industrial space throughout Minnesota, has leased and renewed 50,153 square feet of office and industrial space in Minnetonka, Eden Prairie and Maple Grove. Dreyer's Grand Ice Cream, Inc. signed a long term lease for a 4,634 square foot sales facility at Technology Park VII, 7716 Golden Triangle Drive in Eden Prairie.... 
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05/14/08Liberty Announces More Than 34,000 Square Feet Of New Leases And Renewals
EDEN PRAIRIE, MN - May 14, 2008 - Liberty Property Trust, (NYSE:LRY), the real estate investment trust that owns and manages nearly four million square feet of office, flex and industrial space throughout Minnesota, has leased and renewed 34,717 square feet of office and industrial space in Minnetonka and Eden Prairie. BodySound Technologies, Inc. has signed a long term lease for 9,404 square feet at Westwood IV Business Center in Eden Prairie.  The company will move into 6321 Bury Drive on Jun... 
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