Pricing Supplement dated November 19, 1998 Rule 424(b)(2)
(To Prospectus dated January 7, 1998 and File No. 333-43267
Prospectus Supplement dated January 12, 1998)
LIBERTY PROPERTY LIMITED PARTNERSHIP
Medium-Term Note - Fixed Rate
Face Amount: $20,000,000
Issue Price: 98.127%
Interest Rate: 8.125%
Interest Payment Dates: January 15, July 15
Regular Record Dates: January 1, July 1
Stated Maturity Date: January 15, 2009
Denominations (if other than
$1,000 and integral multiples thereof) N/A
Trade Date: November 19, 1998
Original Issue Date: November 24, 1998
Net Proceeds to Issuer: $19,500,400
Agents' Commission: $125,000
Names of Agents: Warburg Dillon Read - DTC 642
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 98.127% 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: N/A
Yield to Maturity: N/A
Initial Accrued Period: N/A
Form: [X] Book-entry [ ] Certificated
