The board of trustees of Liberty Property Trust, headquartered in Malvern with Lehigh Valley offices in Bethlehem, has authorized the repurchasing of up to $250 million of outstanding common shares through Aug. 6, 2017.
Liberty is a major player in the Lehigh Valley, with millions of square feet of big-box industrial warehouse space that employ thousands of people.
Altogether, Liberty, which does business globally, has a 105-million-square-foot portfolio that includes more than 700 properties providing office, distribution and light manufacturing facilities to 1,700 tenants.
(via Stacy Wescoe of lvb.com)