|02/06/18||Liberty Property Trust Announces 2017 Fourth Quarter and Full Year Results and Provides Guidance for 2018|
|MALVERN, Pa., Feb. 06, 2018 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE:LPT) announced financial and operating results for the quarter and year ended December 31, 2017, as well as projections for 2018 performance.
Highlights for Fourth Quarter 2017
Net income available to common shareholders $0.87 per diluted share
NAREIT Funds from Operations $0.68 per diluted share
Same store operating income increased by 5.1% over prior year quarter
Same store operating income for the ... |
|02/21/18||Liberty Property Trust Begins 2018 with Momentum in Charlotte|
|New Development and Leasing Build on 2017 Successes
Charlotte, NC – February 21, 2018 – Liberty Property Trust today announced that it has broken ground on another Class A, industrial building at Shopton Ridge Business Park. The company plans to deliver the 158,760 square foot building at 3923 Shutterfly Road, for which it is pursuing LEED® certification, in June.
The company also announced it completed four new leases in the Charlotte market during the last two months, absorbing a total ... |
|02/08/18||Hot Spot for Property Company|
|Leading insurance and data company, CLS Group, has moved into larger offices in Kings Hill in order to work more efficiently and allow room for further growth.
The company, which advises on UK and European commercial and residential property markets, has operated on the business park for ten years but had outgrown its previous space and needed a new modern office where all the staff could be under one roof.
"We're really pleased with our new office as it means we can work together more e... |
|02/07/18||Liberty Property Trust Begins with Momentum in the Triangle|
|Two New Leases Build Upon 2017 Successes
Charlotte, NC – February 7, 2018 – Liberty Property Trust today announced it has completed two new leases at Keystone Park in Durham.
FIDELITONE has signed a long-term lease of 40,000 square feet of space at 324 Park Knoll Drive for their last mile delivery business. The building remains 100% occupied. Doug Brock of Newmark Grubb Knight Frank represented the tenant, and Ed Brown of NAI Carolantic represented Liberty.
Associated Materials, L... |
|02/05/18||Liberty Property Trust Completes 876,984 Square Feet of Transactions in Georgia During 2017|
|Developer's new Liberty Commerce Center in Butts County will add capacity in 2018
Atlanta, GA – February 5, 2018 – Liberty Property Trust completed 876,984 square feet of leasing in 2017, ending the year with 2.7 million square feet of space across 19 buildings and a 93.3 percent occupancy rate in its Georgia portfolio.
"In executing more than 20 new leases, renewals and expansions in 2017, we laid the groundwork for strategic core growth in 2018," said Steve Rowley, vice president and m... |
|02/05/18||Liberty Property Trust Starts 2018 with an Acquisition in City of Commerce|
|Southern California Portfolio Nearly Doubles Through Purchases and Development
Malvern, PA – February 5, 2018 – Liberty Property Trust today announced that it has purchased an industrial building at 5959 Randolph Street in the City of Commerce. Liberty bought the 400,169 square foot Class A property for $92.7 million. The property is fully leased. Liberty was represented on the transaction by Mike Condon, Jr. of Cushman & Wakefield and Zac Sakowski of JLL.
"It's been a ... |
|02/05/18||Liberty Property Trust Begins 2018 with Momentum in the Triad|
|New leases and renewals keep occupancy high in High Point and Greensboro
Charlotte, NC – February 5, 2018 – Liberty Property Trust today announced that it has completed a new lease and two renewals – one with a significant expansion – in early January, on the heels of a new lease at the close of 2017.
"Interest remains high in the Triad as companies seek easy interstate access, a solid labor pool and modern industrial facilities," said Bryan Blythe, vice president of leasing and developm... |
|01/17/18||Liberty Property Trust Joins Other Leading Industrial REITs in Conforming Certain Non-GAAP Operating Metrics|
|MALVERN, Pa., Jan. 17, 2018 (GLOBE NEWSWIRE) -- Liberty Property Trust today announced that a group of leading industrial real estate investment trusts, including, along with the Company, DCT Industrial Trust Inc. (DCT), Duke Realty Corporation (DRE), EastGroup Properties Inc. (EGP), First Industrial Realty Trust, Inc. (FR), Prologis Inc. (PLD), and STAG Industrial Inc. (STAG) (the “Industrial REIT Group”), has agreed on a consistent methodology to calculate various non-GAAP property operating... |
|01/16/18||Liberty Property Trust to Discuss 2017 Fourth Quarter and Full Year Results|
|MALVERN, Pa., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Liberty Property Trust will hold its fourth quarter and full year results conference call on Tuesday, February 6, 2018, at 1:00 P.M., ET. The call can be accessed by dialing (855) 277-7530 and entering the passcode 7393199. The conference call will also be available live at www.libertyproperty.com in the “Investor Relations” section of the site. Liberty will issue a press release detailing results the same day before the market opens.
If you a... |
|01/16/18||Liberty Property Trust Updates Capital Recycling Activity|
|MALVERN, Pa., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE:LPT), today announced sales and acquisitions completed during the fourth quarter of 2017 and thus far in 2018.
Fourth quarter 2017: During the fourth quarter, Liberty sold four properties for $326.6 million. The properties include:
700 Uline Way and 800 Uline Way, two industrial properties totaling 1,683,876 square feet and 44 acres of land in Allentown, Pennsylvania, for $249.1 million.
|01/15/18||Liberty Property Trust Announces Tax Treatment of 2017 Distributions|
|MALVERN, Pa., Jan. 15, 2018 (GLOBE NEWSWIRE) -- Liberty Property Trust (NYSE:LPT) announced today the final tax treatment for the 2017 distributions on its common shares. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Liberty Property Trust distributions. The table below summarizes the income tax treatment of the company’s 2017 distribution of $1.675 per common share (CUSIP No. 531172104):
Common share distributions:
Contact Investor Relations
|Jeanne A. Leonard|
Liberty Property Trust
500 Chesterfield Parkway
Malvern, PA 19355
|Shareholders with questions concerning share certificates, account information, dividend payments or share transfers, or to obtain a prospectus and enrollment information for Liberty Property Trust’s dividend reinvestment and share purchase plan, please contact:
Wells Fargo Shareholder Services
P.O. Box 64874
St. Paul, MN 55164-0874
|Shareholders are also welcome to call:|
Administrator, Corporate and Shareholder Services