Liberty Property Trust sold a property in the Pencader area south of Newark.
The building at 220 Lake Drive, Glasgow, was sold for $10.1 million. The 183,235 square foot multi-tenant industrial building was 86.6 percent leased at closing. The buyer was not disclosed.
Also sold were:
- 301-321 S. Goolsby Boulevard in Deerfield Beach, FL, for $3.8 million. The 41,614 square foot multi-tenant industrial building was 100 percent leased at closing.
- 6000 Clearwater Drive in Minnetonka, Minnesota, for $9.2 million. The 91,761 square foot office building was vacant at closing.
- Five office properties and approximately four acres of land in Tampa, Florida for $108 million. The properties comprise the following: 8705 Henderson Road, 142,881 square feet; 8715 Henderson Road, 111,012 square feet; 8725 Henderson Road, 105,165 square feet; 8735 Henderson Road, 105,110 square feet; and 8745 Henderson Road, 68,203 square feet. Upon transaction closing, the properties, were 100 percent leased.
Liberty Property Trust serves 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.
