Liberty Property Trust : to Develop Liberty Center at Rio Salado | 4-Traders

PHOENIX, AZ - March 18, 2013 - Liberty Property Trust today announced that it will develop a sustainable mixed-use business park on 100 acres purchased from the City of Tempe last month. The company is developing a site plan for the new park which will be known as "Liberty Center at Rio Salado."

"After several years of continued success at our nearby Liberty Cotton Center , we sought opportunities that would allow us to continue to offer national and regional tenants opportunities to relocate to or expand," said John DiVall, senior vice president and city manager for Liberty's Arizona region. "Liberty Center at Rio Salado is centrally located in the heart of the Phoenix Metropolitan Area and it will offer a terrific mix of office, flex and industrial space, and, we anticipate, hotel and retail locations."

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