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MALVERN, PA-Liberty Property Trust has secured financing on a cash-strapped environment. The REIT closed six mortgage loans totaling $317 million that were provided by a group of life-insurance companies with an average interest rate of 7.1%.

Industrial assets secured five of the mortgages while office properties secured one of them. Half are three-year, floating-rate mortgages, while the other half are through fixed-rate, seven-year terms.

The $317 million accounts for all of the company’s 2009 secured financing, says Bill Hankowsky, Liberty’s chief executive officer, in a statement.

Meanwhile, the owner of 700 commercial properties in the US and the UK, recently received LEED Gold certification for its 73,345-square-foot Independence Place office building in Chesapeake, VA.

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