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Liberty Receives LEED Gold Certification For Butler Plaza III In Jacksonville

General Inquiries: Mike Heise, Liberty Property Trust, 904/ 281-5454

Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653

Project Marks the Fifth LEED Certified Building Developed by Liberty in Florida

JACKSONVILLE – December 16, 2009 - Liberty Property Trust (NYSE:LRY), the real estate investment trust that owns and manages nearly 2.5 million square feet of office and industrial properties in Jacksonville, today announced it has earned LEED Gold certification from the U.S. Green Building Council (USGBC) for its Butler Plaza III building in Jacksonville.

“We originally designed Butler Plaza III to achieve LEED Silver certification knowing that this project would have a competitive advantage over other comparable Class A space in the market,” said Mike Heise, vice president and city manager at Liberty. “LEED certified buildings are attractive to occupants due to lower operating expenses and a more productive work environment provided by the sustainable design and operating elements.”

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 the Butler Plaza III 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, 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.

Butler Plaza III marks the company’s second LEED certified development project in Jacksonville and it is the fifth LEED building to open in the state. Liberty now has more than 230,000 square feet of LEED certified office space in Jacksonville.

Earlier this year Liberty was presented with “Developer of the Year” award and “Sustainable Project of the Year” award from the Northeast Florida Chapter of National Association of Industrial Office Properties (NAIOP) for the building. Butler Plaza III is Liberty’s third and final development in Butler Plaza, a master planned park featuring 240,0000 square feet of space conveniently located on the corner of J. Turner Butler Boulevard and Belfort Road with immediate access to I-95, restaurants, hotels, banks and shopping venues

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Liberty’s Commitment to Sustainable Development

Liberty has invested more than $1 billion in sustainable office, flex and industrial development projects across the United States. During the last three years the company has been named the National Association of Industrial and Office Properties (NAIOP) 2008 Developer of the Year; received the CoreNet Global 2008 Sustainability Leadership Award for Design & Development and the 2007 NAIOP Green Development Award; and was honored with the U.S. Green Building Council’s 2006 LEED (Leadership in Energy and Environmental Design) Corporate Leadership Award. Liberty is committed to sustainable building practices for many reasons, including lowering tenant operating costs, increasing employee comfort and productivity and benefitting the environment.

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 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.