Liberty Property Trust Leases 94,400 Square Feet to Atlas Box and Crating Company; Brings Keystone Business Park to 100% Occupancy

Charlotte, NC - April 15, 2014- Liberty Property Trust today announced that it has recently signed leases for a total of 94,400 square feet with Atlas Box and Crating Company at Keystone Business Park in Morrisville, North Carolina, bringing the park to 100% occupancy.

"Atlas Box and Crating Company is a valued customer and we are pleased to help assist the company's growth in our Raleigh-Durham portfolio," said Massie Flippin, vice president and city manager for the Carolinas region. "Keystone Business Park is strategically located near the I-85 corridor, a very beneficial location for many tenants. Whether a tenant is new, renewing or expanding, we remain committed to providing outstanding customer service to all of our tenants in the park."

Atlas Box and Crating Company renewed its long-term lease for 62,400 square feet at 619 Distribution Drive in Keystone Business Park. The company has also signed a new lease for 32,000 square feet of additional space at 627 Distribution Drive within the park.

Across the portfolio, Liberty owns more than 6.1 million square feet of multi-tenant industrial space in the Carolinas. In North Carolina, the company owns two million square feet in the Piedmont Triad, 664,000 square feet in Raleigh and 2.6 million square feet in Charlotte. In addition, it owns 837,000 square feet of space in the Greenville, South Carolina area (with an additional 156,000 square feet under development).

About Liberty Property Trust

Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 100 million square foot portfolio includes 746 properties which provide office, distribution and light manufacturing facilities to 1,800 tenants.

General Inquiries: Massie Flippin, Liberty Property Trust, 704.426.8000

Media Contact: Margo Hunt Winans, a.s.a.p.r., 757.404.8653


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