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NEW $135 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY

NEW $135 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY

Miami, FL – December 21, 2011 – (RealEstateRama) — In one of the largest industrial land transactions in Miami-Dade County since before the recession, Liberty Property Trust (NYSE:LRY) has acquired 126 acres for the development of Miami International Tradeport. With an anticipated 1.6 million square feet of new institutional-grade warehouse and distribution space planned, Miami International Tradeport (MIT) is expected to add $135 million in value to Miami-Dade County’s tax base and create 4,000 new construction jobs with 2,000 full-time jobs upon completion.