Monday, November 30, 2015


Liberty unloads Marlton offices in $195M suburban sales

Horizon, Atrium Way sites unloaded

Liberty unloads Marlton offices in $195M suburban sales


Philadelphia-based national landlord Liberty Property Trust moved further away from its history as a suburban office owner and manager with the sale of 49 mostly low-rise suburban office buildings in New Jersey, Wisconsin, North Carolina, and the Washington, DC area for $195 million. Liberty didn't identify the buyers.

The sale includes around 180,000 square feet at 3000 Atrium Way and 200 Crawford Way in Marlton's Horizon Corporate Center, and 120,000 sq ft at 401 A and C Route 73 South, in the nearby Marlton Executive Park.

Liberty has been bulking up on warehouses and on select urban properties as it sells suburban buildings.

The company's chief executive, William Hankowsky, is among the new owners of the Inquirer. He's also chairman-elect of Philadelphia's chamber of commerce.

We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog

PhillyDeals posts interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at, 215.854.5194, @PhillyJoeD. Read his blog posts at and his Inquirer columns at Bloomberg posts his items at NH BLG_PHILLYDEAL.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
Also on
letter icon Newsletter