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Liberty Property Trust logo.  (PRNewsFoto/Liberty Property Trust)

 

 

 

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.

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(via Stacy Wescoe of lvb.com)