M&A Deal Summary

Liberty Property Trust Acquires LEED Warehouse - 522 772 Square Foot

On April 22, 2014, Liberty Property Trust acquired real estate company LEED Warehouse - 522 772 Square Foot for 34M USD

Acquisition Highlights
  • This is Liberty Property Trust’s 2nd transaction in the Real Estate sector.
  • This is Liberty Property Trust’s 3rd largest (disclosed) transaction.
  • This is Liberty Property Trust’s 2nd transaction in the United States.
  • This is Liberty Property Trust’s 1st transaction in California.

M&A Deal Summary
Date 2014-04-22
Target LEED Warehouse - 522 772 Square Foot
Sector Real Estate
Buyer(s) Liberty Property Trust
Deal Type Add-on Acquisition
Deal Value 34M USD

Target

LEED Warehouse - 522 772 Square Foot

Moreno Valley, California, United States
LEED Warehouse with 522,772 Square Foot,The building, which has been rebranded Liberty Logistics Center, is situated on a 25.96-acre site. Built in 2012, it is currently vacant and available for lease.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Liberty Property Trust

Wayne, Pennsylvania, United States
Category Company
Founded 1972
Sector Real Estate
Employees271
Revenue 705M USD (2018)
DESCRIPTION

Liberty Property Trust is a provider 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 746 properties which provide office, distribution and light manufacturing facilities to 1,800 tenants. Liberty Property was founded in 1972 and is based in Wayne, Pennsylvania.

DEAL STATS #
Overall 2 of 5
Sector (Real Estate) 2 of 5
Type (Add-on Acquisition) 2 of 5
State (California) 1 of 2
Country (United States) 2 of 5
Year (2014) 1 of 4
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-12 Office Building - 146 472 square foot

Washington, District of Columbia, United States

A 146,472 square foot Office Building is located in the heart of Washington's central business district, three blocks from the White House, and is in close proximity to multiple Metro stations. It is currently 82% leased.

Buy $50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-12 Imperial Center - five Class A industrial buildings

Durham, North Carolina, United States

Imperial Center is a five Class A industrial buildings with 705,365 square feet,the newly acquired buildings are located at 4226 Surles Court, 4234 Surles Court, 4227 Surles Court, 4300 Emperor Boulevard, and 1000 Parliament Court with immediate access to I-40 and I-540. The buildings are located within five miles of the Raleigh-Durham International Airport and are 100% occupied.

Buy $44M
Mergr

Product

Company

Legal