Liberty Property Trust Completes a Renewal with Andrx at Weston Business Park


Development of Buildings “C” and “D” in Miami International Tradeport Continues on Schedule

Liberty Property Trust today announced that it has completed a Class A industrial lease renewal with Andrx, LCC at Weston, Florida.

The long-term agreement is for 128,840 square feet of space at 2945 West Corporate Lakes Blvd. in Weston Business Park. The company has been a tenant in the building since 2001.

The renewal maintains Liberty’s 93% occupancy rate in its South Florida portfolio.

At Miami International Tradeport, Liberty’s recently completed Building C is 100 % leased. AMG Global Distribution and Lilly & Associates have each leased 79,590 SF. Building D, a 159,180 square foot 32’ clear height building, is under construction with completion scheduled for the 4th Quarter, 2017.

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 100 million square foot portfolio includes 566 properties which provide office, distribution and light manufacturing facilities to 1,200 tenants.

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