JACKSONVILLE, FL – October 26, 2010 - Liberty Property Trust (NYSE:LRY), today announced that it has signed more than 110,000 square feet of new leases and nearly 50,000 square feet in lease renewals and expansions for industrial and office space in Jacksonville during the past quarter.
“We are encouraged by the new leases signed during the quarter,” said Mike Heise, vice president and city manager at Liberty Property Trust.
Liberty's Jacksonville portfolio is 92% leased. The company owns and manages 37 buildings offering nearly 2.5 million square feet of office and industrial properties in the market.
About Liberty Property Trust
Liberty Property Trust is headquartered in Malvern, PA, and 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 79 million square foot portfolio offers exceptional locations and flexible design to more than 2,000 tenants at 700 office, distribution and light manufacturing facilities. The company is a leader in the development of high performance green buildings. For more information please visit www.libertyproperty.com.
General Inquiries: Mike Heise, Liberty Property Trust, 904/281-5454
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653