Liberty Property Trust has sold eight properties in
Delaware, Florida and Minnesota for $131.1 million during the first three
months of 2016, the company said in a financial report on its website Tuesday.
The six office buildings and two industrial properties
account for around 849,000 square feet, the Malvern-based company said.
A joint venture in which Liberty holds a 25 percent
interest also sold another seven Virginia office buildings for $146.6 million,
it said.
The company plans to sell between $900 million and $1.2
billion worth of suburban properties outside of its core business areas this
year, it said.
Source: Philly.com
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