Hampton Roads, VA - April 30, 2015- Liberty Property Trust today announced that it has executed sixteen leases during the first quarter of the year for a total of 117,088 square feet of space.

"This past quarter was dominated by lease renewals within our Hampton Roads portfolio, a continuing testament to our team's hard work of providing superior tenant relations and customer service," said Craig Cope, vice president and city manager for Liberty's Virginia region.

The quarter was marked by four new leases totaling 7,629 square feet. Liberty also executed twelve lease renewals totaling 109,459 square feet. A few notable renewals include Tire Centers which signed a lease for 31,500 square feet and Capital Lighting & Supply which signed a lease for 20,000 square feet of space (both at Bridgeway I in Suffolk).

Liberty owns and manages a combined 2 million square foot warehouse and office portfolio in Hampton Roads, and a 3.5 million square foot warehouse portfolio in Richmond, Virginia.

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 105 million square foot portfolio includes 750 properties which provide office, distribution and light manufacturing facilities to 1,900 tenants.

General Inquiries: Craig Cope, Liberty Property Trust, 757.498.4800

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

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