Liberty Property Trust reports new leases and renewals during first quarter

Published May 11, 2015 by Paula C. Squires

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.