Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Liberty Property Trust    LPT   US5311721048

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Liberty Property Trust : Buys Two Buildings at Park 2000 in Shakopee, MN

01/14/2013 | 03:22pm US/Eastern

EDEN PRAIRIE, MN - January 11, 2013 - Liberty Property Trust (NYSE:LRY) today announced that it has purchased two buildings located at Park 2000 in Shakopee, Minnesota.

"We are very excited about our first industrial assets in Shakopee," Dave Jellison, senior vice president and city manager for Liberty's Minnesota region. "These are two newer, well-designed industrial buildings in a marketplace that should only become more desirable with the completion of the interchange at I-494 and Highway 169."

The two properties include:

  • Park 2000 Phase II (5555 12th Avenue East) is a 128,172 square foot single story building located on approximately seven acres of land. It is 100% leased to S.W. Anderson Company, My Pillow and North American Membership Group, Inc.
  • Park 2000 Phase IV (1150 Gateway Drive) is 100% leased to Logistics International, LLC. The building offers 153,454 square feet of industrial space, also on seven acres of land.

Liberty Property Trust owns and manages over five million square feet of office, flex and industrial property in Minnesota, including more than 50 buildings.

About Liberty Property Trust

Liberty Property Trust (NYSE:LRY) 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 81 million square foot portfolio includes nearly 650 properties which provide office, distribution and light manufacturing facilities to 1,800 tenants. For more information, visit www.libertyproperty.com.

General Inquiries: Dave Jellison, Liberty Property Trust, 952/947-1100
Media Contact: Robbie Tarpley Raffish, a.s.a.p.r., 443/944-9301


distributed by
React to this article
Latest news on LIBERTY PROPERTY TRUST
03/05 LIBERTY PROPERTY : LPT) is Trading Lower on Unusual Volume for March 05
03/03 LIBERTY PROPERTY : Maryland Region Sees Resurgence in Local and Regional Demand ..
02/26 LIBERTY PROPERTY : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION A..
02/18 JPMORGAN CHASE : JP Morgan Rating Disclosure on Liberty Property Trust
02/12 LIBERTY PROPERTY : Houses Selling Out Fast at Kings Hill
02/06 LIBERTY PROPERTY : Southeastern Pennsylvania Region Leases More Than 750,000 Squ..
02/06 LIBERTY PROPERTY : Leased More Than One Million Square Feet in Richmond in 2014
02/05 LIBERTY PROPERTY : Celebrates the Grand Opening of Liberty Park at Amberpoint in..
02/05 LIBERTY PROPERTY : Atlanta Region Signs Leases Totaling More Than 375,000 Square..
02/03 LIBERTY PROPERTY : reports 4Q results
Advertisement
Chart
Duration : Period :
Liberty Property Trust Technical Analysis Chart | LPT | US5311721048 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF