Liberty REIT Sells VA Properties For $97M

Liberty Property Trust has sold 14 offices and flex properties located in Richmond, Virginia, for about $97 million.

Liberty Property Trust has sold 14 offices and flex properties located in Richmond, Virginia, for about $97 million. The properties were acquired by Lingerfelt Development. The Richmond properties are located in Westgate at Wellesley, Innsbrook Corporate Center and Deep Run Corporate Center. The properties are 98% rented.

Click here for the release from PR Newswire.