FOR IMMEDIATE RELEASE
General Inquiries: Andy Petry, Liberty Property Trust, 561/999-0310
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653
LIBERTY PROPERTY TRUST RECEIVES LEED® GOLD CERTIFICATION
FOR BOCA COLONNADE II IN FLORIDA
Class A Office Building Marks the Region’s First High Performance Office Building in Boca
BOCA RATON – May 22, 2009 - Liberty Property Trust (NYSE:LRY), the real estate investment trust that owns and manages 2.1 million square feet of office and industrial properties in South Florida, today announced that Boca Colonnade II has earned LEED Gold certification from the U.S. Green Building Council (USGBC).
“Boca Colonnade II is the region's first high performance green office building and offers a template for how sustainable design can make a difference to tenants and communities in South Florida,” said Andy Petry, vice president, leasing and development at Liberty. “The building’s design incorporates state-of-the-art technology that assures exceptional air quality and abundant natural lighting, while limiting resource consumption and lowering operating costs. One example of how we will limit resource consumption is by utilizing water reducing fixtures (and water efficient landscaping) and by doing so we project a 45.8% savings in water consumption compared to a typical development built to code.”
LEED is the USGBC’s leading measurement rating system for designing and constructing the world’s greenest, most energy efficient, and high performing buildings. LEED Gold certification of Boca Colonnade II was based on a number of green design and construction features that positively impact the project itself and the broader community. These features include: waterless urinals, low-flow shower heads and sensor faucets, high energy-efficient HVAC equipment with special filters and carbon dioxide monitors, a highly reflective TPO roof membrane, as well as low VOC (volatile organic compounds) emitting paints, carpet and adhesives.
“Liberty Property Trust is a landlord that takes environmental issues seriously as it develops new properties,” said Kyle Abney, president of the USGBC’s South Florida Chapter and principal of Abney +Abney Green Solutions. “We look forward to future high performance development projects from Liberty in the South Florida area.”
Liberty and LEED®/Sustainable Development
Liberty has been recognized for its commitment to sustainable design and its positive impact on its tenants’ employees, the environment and its communities. Most recently, Liberty was named the National Association of Industrial and Office Properties (NAIOP) 2008 Developer of the Year. This award is presented annually to one member-developer company that best exemplifies leadership and innovation in the commercial real estate industry. Liberty is also the proud recipient of the CoreNet Global 2008 Sustainability Leadership Award for Design & Development and the 2007 NAIOP Green Development Award. The company was also honored with the U.S. Green Building Council’s 2006 LEED Corporate Leadership Award, recognizing outstanding leaders in green building that demonstrate exceptional vision, leadership, and commitment to the evolution of green building design and construction. Liberty has invested more than $1 billion in sustainable developments.
About Liberty Property Trust:
Liberty Property Trust (NYSE:LRY), headquartered in Malvern, PA, is dedicated to enhancing people’s lives through extraordinary work environments. The real estate investment trust (REIT) serves customers in the United States and United Kingdom through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 77 million square foot portfolio offers exceptional locations and flexible design to more than 2,100 tenants at approximately 750 office, distribution and light manufacturing facilities. The company has received numerous recognitions for its leadership, customer service and commitment to the development of high performance green buildings and was recently recognized as the 2008 NAIOP (National Association of Industrial and Office Properties) Developer of the Year. For more information visit www.libertyproperty.com.