Industrial buildings totaling approximately two million square feet are the first to be developed in Liberty Business Center III at Mill Creek Road

Malvern, PA - April 24, 2015 - Liberty Property Trust announced today that it has signed an agreement with Uline for the company to occupy two build-to-suit warehouses in Trexlertown, Pa. The new buildings are the first to be built in the company's new development, Liberty Business Center III. The 200-acre park, located in mostly Upper Macungie Township with the balance in Lower Macungie Township, sits on Mill Creek Road between Hamilton and the Route 222 Bypass.

"We are excited to begin the project in Liberty Business Center III, particularly as it is with our long term tenant Uline," said Robert Kiel, senior vice president and city manager, Liberty Property Trust. "Having worked together for years on previous buildings, it is gratifying to again be able to provide them with a first class development solution which in this instance allows them to effectively consolidate their operations into a campus setting."

Currently, Uline leases space in four Liberty buildings in the Lehigh Valley. The new buildings will nearly double the company's space with Liberty. Liberty is slated to break ground this summer.

Added Kiel, "We have been working closely with both Townships for months to create a development plan that will provide our tenants with the features they need and want while being respectful of our neighbors. To ease traffic flow, we will invest in road improvements, including a new slip ramp on the Route 222 Bypass."

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: Bob Kiel, Liberty Property Trust, 610.867.9100

Media Contact: Jen Meyer, a.s.a.p.r., 201.914.9957

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