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Liberty Property Trust Receives LEED Certification For Its 7259 Salisbury Road Building In Jacksonville

Project Marks the Seventh LEED Development by Liberty in Florida

JACKSONVILLE – May 21, 2013 - Liberty Property Trust today announced it has earned LEED certification from the U.S. Green Building Council (USGBC) under the New Construction™ rating system for its 7259 Salisbury Road building, located in Salisbury Business Park in Jacksonville.

“LEED certified buildings are attractive to companies because they offer lower operating expenses and significant cost savings. We project an estimated 20% savings in energy costs by using high energy-efficient HVAC equipment and a 50% reduction in water usage using water reducing fixtures,” said Mike Heise, vice president and city manager for Liberty’s Jacksonville region. “Sustainable buildings also create healthier work environments for tenants and we will continue to develop LEED properties whenever we are able.”

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 certification of the 7259 Salisbury Road building was based on a number of green design and construction features that positively impact the project itself. These features include: enhanced daylight views, use of FSC (Forest Stewardship Council) certified woods, Low-E High Performance Glazing, Low flow Water Fixtures, 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.

7259 Salisbury Road marks the company’s third LEED development project in Jacksonville and it is the seventh LEED building to open in the state. Liberty now has more than 276,400 square feet of LEED certified office space in Jacksonville and more than 775,000 LEED certified space in Florida.

Liberty’s Commitment to Sustainable Development

Liberty has invested more than $1.7 billion in sustainable office, flex and industrial development projects across the United States. Liberty is committed to sustainable building practices in its existing portfolio as well as new developments which lower tenant operating costs, increase employee comfort and productivity and benefit the environment. Liberty has received numerous awards for its leadership in high performance development including the 2012 & 2013 Energy Star Partner of the Year Award; the BOMA 7-Point Challenge; the National Association of Real Estate Investment Trusts (NAREIT) Leader in the Light Gold Award 2011; Global Real Estate Sustainability Benchmark (GRESB) 2011 Green Star; the 2009 Urban Land Institute’s “Award of Excellence: The Americas”, the National Association of Industrial and Office Properties (NAIOP) 2008 Developer of the Year Award and the CoreNet Global 2008 Sustainability Leadership Award.

About Liberty Property Trust

Liberty Property Trust (NYSE: LRY) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 81 million square foot portfolio consists of 666 properties providing office, distribution and light manufacturing facilities to 1,800 tenants.

General Inquiries: Mike Heise, Liberty Property Trust, 904/296-1776
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653