Liberty Property Trust exits Jacksonville, Fla., with portfolio sale

11/8/2013 | American City Business Journals

Liberty Property Trust is selling its office and flex Jacksonville, Fla., portfolio, which consists of 32 buildings totaling 2.1 million square feet. It is also selling 20 acres of office land and 120 acres of industrial land for a total of $705 million. The REIT is exiting the Jacksonville market entirely with the sale as it focuses on industrial assets.

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