Liberty Property Trust sells a five-property 806,000-square-foot portfolio in Phoenix for $255 million.

The 350,000-square-foot multi-tenanted building is located on a 50-acre park-like setting within University Research Park. The seller of the property was a partnership between affiliates of Atlantic Creek Real Estate Partners, Origin Investments, and Stream Realty Partners.

San Francisco-based Rentlytics provides owners and operators with normalized data across multiple third-party systems, resolving system incompatibility, data accuracy issues and time-to-analysis delays. The deal will add approximately 200,000 new units of real time data to RealPage's data analytics platform.

The ground leases are improved with eight single-tenant net-lease retail properties, totaling approximately 44,000 square feet, with tenants including a Chase Bank, a WaWa, five national restaurant brands including Cheddar's and Chuy's, and a car wash.