Pricing Supplement dated June 2, 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: $100,000,000
Issue Price: 100.0%
Interest Rate: 6.60%
Interest Payment Dates: March 15, September 15
Regular Record Dates: March 1, September 1
Stated Maturity Date: June 5, 2002
Denominations (if other than
$1,000 and integral multiples thereof) N/A
Trade Date: June 2, 1998
Original Issue Date: June 5, 1998
Net Proceeds to Issuer: $99,550,000
Agents' Commission: $450,000
Names of Agents: Lehman Brothers Inc.
Donaldson, Lufkin & Jenrette
Securities Corporation
J.P. Morgan Securities Inc.
UBS Securities LLC
Agents acting in the capacity
indicated below:
[X] As Agents
[ ] As Principals
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: N/A
Yield to Maturity: N/A
Initial Accrued Period: N/A
Form: [X] Book-entry [ ] Certificated
