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Item 8.01. Other Events

On September 22, 2010, Liberty Property Trust (the “Trust”), through its limited partnership subsidiary, Liberty Property Limited Partnership, (the “Operating Partnership”, and together with the Trust, the “Transaction Entities”) priced a public offering (the “Offering”) of $350,000,000 principal amount of the Operating Partnership’s 4.75% Senior Notes due 2020 (the “Notes”). In connection with the Offering, the Transaction Entities entered into an Underwriting Agreement with Banc of America Securities LLC, Citigroup Global Markets Inc. and Wells Fargo Securities, LLC , as representatives for the several underwriters named therein, that provides for the issuance and sale of the Notes by the Operating Partnership. The Notes are registered under the Securities Act of 1933, as amended, pursuant to the Automatic Shelf Registration Statement on Form S-3 (File No. 333-150737-01) filed by the Transaction Entities with the Securities and Exchange Commission (the “Commission) on May 8, 2008 (the “2008 Registration Statement”), as amended by Post-Effective Amendment No. 1, filed by the Transaction Entities with the Commission on September 22, 2010 (“Amendment No. 1” and together with the 2008 Registration Statement, the “Registration Statement”). The terms of the Notes are governed by a senior indenture, dated September 22, 2010, between the Operating Partnership and U.S. Bank National Association, as trustee (the “Base Indenture”), as supplemented and amended by a supplemental indenture thereto, to be dated September 27, 2010 (the “Supplemental Indenture,” and together with the Base Indenture, the “Indenture”).

A copy of the Base Indenture was previously filed as Exhibit 4.3 to Amendment No. 1. Copies of the Underwriting Agreement, the form of Global Note and the form of Supplemental Indenture are filed as Exhibits 1.1, 4.1 and 4.2 hereto, respectively, and are incorporated by reference herein. The summaries of the Underwriting Agreement, the Notes and the Indenture in this Current Report on Form 8-K do not purport to be complete and are qualified in their entirety by reference to Exhibits 1.1, 4.1 and 4.2 to this Current Report on Form 8-K and to Exhibit 4.3 to Amendment No. 1.

Item 9.01. Financial Statements and Exhibits.

     (d)  Exhibits.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 27, 2010

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EXHIBIT INDEX

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