Tenant Demand Remains High Across the Region

PHOENIX, AZ - August 20, 2014 - Liberty Property Trust today announced that it has signed a lease with Green Light Direct Services at Liberty Tolleson Center, bringing the 200,000 square foot project to 100% occupancy.

Green Light Direct Services will move into its new location, 8601 W. Washington Street, in October. Rick Collins of CD Commercial Advisors represented Green Light Direct Services and Tony Lydon, Marc Hertzberg and Riley Gilbert of JLL represented Liberty Property Trust in the transaction.

"There continues to be strong interest in high quality assets in prime locations throughout our Arizona portfolio," said John DiVall, senior vice president and city manager for Liberty's Arizona region. "We've seen momentum in the Southwest valley returning as of late, spanning from 50,000 square feet and up."

Since January, Liberty has closed eight lease agreements totaling more than 500,000 square feet across the Arizona region.



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 103 million square foot portfolio includes more than 750 properties which provide office, distribution and light manufacturing facilities to 1,800 tenants.

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


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