Liberty Property to develop 200,000 square foot office building in PA Liberty Property Trust announced that it will develop a 200,000 square foot, six-story office building for The Vanguard Group at Great Valley Corporate Center in Malvern, PA. The total project cost is estimated at $55M. Construction is expected to begin in March of this year, with completion in mid-2014.
News For LRY From The Last 14 Days
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Liberty Property upgraded to Outperform from Market Perform at Wells Fargo Wells Fargo upgraded Liberty Property Trust citing improvement in portfolio quality and expectations for earnings acceleration in the second half of 2014. Wells has a price target range for shares of $34.50-$38.