Pricing Supplement dated December 10, 1997 Rule 424(b)(2)
(To Prospectus dated October 24, 1997 and File No. 333-22211
Prospectus Supplement dated October 24, 1997)
LIBERTY PROPERTY LIMITED PARTNERSHIP
Medium-Term Note - Fixed Rate
Face Amount: $50,000,000
Issue Price: 100.0%
Interest Rate: 6.970%
Interest Payment Dates: March 15, September 15
Regular Record Dates: March 1, September 1
Stated Maturity Date: December 11, 2003
Denominations (if other than
$1,000 and integral multiples thereof) N/A
Trade Date: December 8, 1997
Original Issue Date: December 11, 1997
Net Proceeds to Issuer: $49,725,000
Agent's Commission: $275,000
Name of Agent: Lehman Brothers Inc.
Agent acting in the capacity
indicated below:
[X] As Agent
[ ] As Principal
Reoffering at:
[ ] varying prices related to prevailing market prices at the
time of resale
[ ] fixed public offering price of ______% of face value
Day Count Convention:
[X] 30/360
[ ] Actual/360
[ ] Actual/Actual
[ ] Other (see attached)
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
[ ] The Notes can be redeemed prior to Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
[X] The Notes cannot be repaid prior to the Stated Maturity Date.
[ ] The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Optional Repayment Date(s):
Repayment Price: %
Original Issue Discount: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity: %
Initial Accrued Period:
Form: [X] Book-entry [ ] Certificated
