New Development Furthers Liberty's Growth Strategy in Baltimore/Washington Region

Columbia, MD - January 13, 2016 - Liberty Property Trust today announced that it has broken ground on a 216,000 square foot, Class A distribution building at 1500 Claybrick Road in Landover, MD. When completed in the third quarter of 2016, Washington Gateway Logistics Center will bring Liberty's industrial portfolio in the region to 24 buildings totaling more than four million square feet.

'Liberty continues to grow our industrial platform in the Baltimore/Washington market,' said Todd Summerfield, senior director of leasing and development for Liberty. 'Delivering 216,000 square feet of new Class A product on the doorstep of Washington D.C. will help satisfy active demand for modern facilities with immediate access to the metropolitan market.'

Washington Gateway Logistics Centerwill feature a 32' clear height, 50'x54' typical column spacing, 60' speed bay, an ESFR fire suppression system, up to 58 dock doors, 2 drive-ins, trailer storage and ample parking. It is situated in a prime location one mile from Washington, D.C. with immediate access to Rt. 50, I-295, I-495/I-95 and proximate to the Cheverly and Deanwood Metro Stations. NAI Michael will be marketing the building for lease on behalf of Liberty.

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 104 million square foot portfolio includes more than 689 properties which provide office, distribution and light manufacturing facilities to 1,650 tenants.

General Inquiries: Todd Summerfield, Liberty Property Trust, 410.715.3333

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

Liberty Property Trust issued this content on 2016-01-13 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-13 18:59:04 UTC

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