Pricing Supplement dated December 4, 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: $100,000,000
Issue Price: 99.963%
Interest Rate: 6.950%
Interest Payment Dates: June 1, December 1
Regular Record Dates: May 15, November 15
Stated Maturity Date: December 1, 2006
Denominations (if other than
$1,000 and integral multiples thereof) N/A
Trade Date: December 4, 1997
Original Issue Date: December 9, 1997
Net Proceeds to Issuer: $99,313,000
Agents' Commission: $650,000
Names of Agents: Donaldson, Lufkin & Jenrette
Securities Corporation
First Chicago Capital Markets, Inc.
Lehman Brothers Inc.
J.P. Morgan Securities Inc.
UBS Securities LLC
Agents acting in the capacity
indicated below:
[ ] As Agents
[X] As Principals
Reoffering at:
[ ] varying prices related to prevailing market prices at the
time of resale
[X] fixed public offering price of 99.963% of face value
<PAGE>
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: [X] Yes [ ] No
Total Amount of OID: $37,000
Yield to Maturity: 6.956%
Initial Accrued Period: December 9, 1997
Form: [X] Book-entry [ ] Certificated
