FOR IMMEDIATE RELEASE
General Inquiries: Jay Kraft, Liberty Property Trust, 804/934-4300
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653

LIBERTY PROPERTY TRUST SIGNS FOUR NEW LEASES IN RICHMOND

RICHMOND, VA – July 7, 2009 – Liberty Property Trust (NYSE: LRY), which owns and manages more than five million square feet of office and industrial space in the greater Richmond area, today announced that it has recently signed four new leases within its Richmond portfolio.
• Synergy Installation Solutions, Inc. signed a new long-term lease for 19,625 square feet at the Fairgrounds Distribution Center Building C in Richmond. The company moved into its new 4263 Carolina Avenue location last month. Brian Felton handled the lease negotiations in-house for Liberty and Scott Keeton of GVA Advantis represented Synergy Installations Solutions in the transaction.
• Capital Center, LLC has signed a new lease for 5,584 square feet in Rowe Plaza, located at 4510 Cox Road in Glen Allen. The company is currently a Liberty tenant in the building leasing 6,477 square feet, bringing its new total lease commitment in Rowe Plaza to 12,061 square feet. Capital Center has been a Liberty tenant in the building for eight years. Brian Witthoefft handled lease negotiations in-house for Liberty.
• Benchmark Wealth Advisors, Inc. has signed a new lease for 920 square feet at 4198 Cox Road in Glen Allen. The company will move into its new space this month. Brian Witthoefft handled lease negotiations in-house for Liberty.
• Andrew Lakoff CPA, LLCsigned a new lease at 4121 Cox Road in Glen Allen. The company has leased 579 square feet of class A office space and will move into its new location this month.

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.