Saturday, April 11, 2009

Liberty Property Trust Receives Two Prestigious Awards from NAIOP Northeast Florida Chapter

Jacksonville Office Receives ‘Developer of the Year’ and ‘Sustainable Project of the Year’ Honors

JACKSONVILLE, FL - 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, has received two awards from the Northeast Florida Chapter of National Association of Industrial Office Properties (NAIOP).

The awards, presented to Liberty for its Butler Plaza III LEED® registered building, (top left photo) were received for Developer of the Year and Sustainable Project of the Year.

“To receive ‘developer of the year’ and ‘sustainable project of the year’ honors by NAIOP, the leading trade association for developers, owners, investors and other professionals in the commercial real estate arena, is an exceptional honor,” said Mike Heise, (middle right photo) vice president and city manager, Liberty Property Trust.

Located at 4875 Belfort Road, Butler Plaza III is an 80,000 square foot building that was designed to receive LEED Silver certification (certification is expected at anytime).

The building officially opened last year in July, and in October the company announced that it had leased 98% of the building.

Liberty has since moved its Jacksonville headquarters to the brand new state-of-the-art building and the company has built-out its corporate office space to meet the U.S. Green Building Council’s LEED Gold CI (Commercial Interiors) certification.

Butler Plaza III marks the company’s second sustainable development project in Jacksonville and the company's sixth sustainable building to open in the state.

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

LIBERTY PROPERTY TRUST RENEWS TWO TENANTS AT BOCA COLONNADE

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, has renewed leases with two tenants in its Boca Raton portfolio.

Campus Management Corporation has renewed a long-term lease for 53,619 square feet in the Boca Colonnade building, (bottom right photo) located at 777 Yamato Road.

The company has been a Liberty tenant since 2002. Greg Katz with Studley represented Campus Management Corporation in the transaction.

Also renewing in the Boca Colonnade building is Verizon Wireless Personal Communications LP. The company has renewed its lease for 25,262 square feet and has been a long-time tenant with Liberty since 1995. Keith Edelman and Scott Goldstein with Jones Lang LaSalle represented Verizon Wireless in the transaction.

Contacts:
General Inquiries: Andy Petry, Liberty Property Trust, 561/999-0310
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653

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