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Liberty Property Trust completes sale of 48 properties

Liberty Property Trust has closed on the sale of 48 properties totalling approximately 2.6 million square feet of space and 19 acres of land, for proceeds of USD329.6m.

This sale is part of the previously announced transaction consisting of a total of 97 properties.
 
The first closing of 49 properties occurred in December 2013, for proceeds of USD367.7m.
 
The January closing consists of 2.1 million square feet of office properties and 468,000 square feet of flex properties.

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