BOCA RATON, FL - Liberty Property Trust (NYSE:LRY), the real estate investment trust that owns and manages nearly two million square feet of office and industrial properties in South Florida, today announced that it has purchased a 106,910 square foot Class A office building in Sunrise, Florida.
The building, located at 13621 NW 12th Street in Sawgrass International Corporate Park, (top right photo) was purchased from Real Estate Capital Partners. It is currently 100% leased to UnitedHealthcare.
“This acquisition allows us to expand our presence in Sawgrass International Corporate Park and gives us an excellent opportunity to continue to grow our national relationship with UnitedHealthcare, a Liberty tenant located in our Maryland, Minnesota and North Caroli
na regions,” said Andy Petry, (miidle right photo) Vice President Leasing and Development, Liberty Property Trust.
Located just west of Fort Lauderdale, the Sawgrass International Corporate Park is a 612-acre planned business park which provides office, flex and light industrial space. Park amenities include hotels, restaurants, child-care, fitness centers and retail shops.
In addition to the new
acquisition, Liberty currently owns and operates three office buildings in Sawgrass International Corporate Park (1301 International Parkway building, 13360 NW 8th Street building and 13650 NW 8th Street building), totaling nearly 200,000 square feet.
Sawgrass International Corporate Park is strategically located at the intersection of I-75, I-595, the Sawgrass Expressway and within 15 minutes of the Fort Lauderdale International Airport and 30 minutes of the Miami International Airport.
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.
Andy Petry, Liberty Property Trust, 561/999-0310
Media: Margo Hunt Winans, a.s.a.p.r., 757/404-8653
The building, located at 13621 NW 12th Street in Sawgrass International Corporate Park, (top right photo) was purchased from Real Estate Capital Partners. It is currently 100% leased to UnitedHealthcare.
“This acquisition allows us to expand our presence in Sawgrass International Corporate Park and gives us an excellent opportunity to continue to grow our national relationship with UnitedHealthcare, a Liberty tenant located in our Maryland, Minnesota and North Caroli
na regions,” said Andy Petry, (miidle right photo) Vice President Leasing and Development, Liberty Property Trust.Located just west of Fort Lauderdale, the Sawgrass International Corporate Park is a 612-acre planned business park which provides office, flex and light industrial space. Park amenities include hotels, restaurants, child-care, fitness centers and retail shops.
In addition to the new
acquisition, Liberty currently owns and operates three office buildings in Sawgrass International Corporate Park (1301 International Parkway building, 13360 NW 8th Street building and 13650 NW 8th Street building), totaling nearly 200,000 square feet. Sawgrass International Corporate Park is strategically located at the intersection of I-75, I-595, the Sawgrass Expressway and within 15 minutes of the Fort Lauderdale International Airport and 30 minutes of the Miami International Airport.
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 75 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 visit http://www.libertyproperty.com/.
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 visit http://www.libertyproperty.com/.CONTACTS:
Andy Petry, Liberty Property Trust, 561/999-0310Media: Margo Hunt Winans, a.s.a.p.r., 757/404-8653
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