'Our growth trajectory in both our Defense and NewSpace [commercial space launch] portfolios have exceeded our five-year plan, causing us to be space-constrained. Having Liberty as a landlord, with its ample selection of high-quality RTP properties, is a big plus to an agile manufacturer like us,' said Scott Bledsoe, president of Blue Force Technologies.

Bryan Blythe represented Liberty in the transaction.

Across the Carolinas portfolio, Liberty owns more than 8.2 million square feet of industrial space completed or under construction. In North Carolina, the company owns two million square feet in the Piedmont Triad, 1.7 million square feet in Raleigh and 2.9 million square feet in Charlotte. In addition, it owns 1.6 million square feet of space in Greenville, South Carolina.

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 691 properties which provide office, distribution and light manufacturing facilities to 1,600 tenants.

General Inquiries: Massie Flippin, Liberty Property Trust, 704.426.8000

Liberty Property Trust issued this content on 06 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 April 2016 15:46:21 UTC

Original Document: http://phx.corporate-ir.net/phoenix.zhtml?c=96097&p=irol-newsArticle&ID=2154691