Liberty Property Trust reports new leases and renewals during first quarter
Liberty Property Trust brokered 15 leases in Hampton Roads during the first quarter of the year for a total of 117,088 square feet of space.
“This past quarter was dominated by lease renewals within our Hampton Roads portfolio … ” Craig Cope, vice president and city manager for Liberty’s Virginia region, said in a statement.
Liberty's 12 lease renewals totaled 109,459 square feet. A few of them included the Tire Centers, which signed for 31,500 square feet, and Capital Lighting & Supply, which signed a 20,000-square-foot lease, with both of the deals at Bridgeway I in Suffolk.
Liberty owns and manages a combined 2-million-square-foot warehouse and office portfolio in Hampton Roads, and a 3.5-million-square-foot warehouse portfolio in Richmond.