MLP Ventures acquired eight office properties and six industrial flex in King of Prussia, Pennsylvania from Liberty Property Trust (NYSE:LPT) for $76.9 million in the first weeks of 2018. The portfolio comprises 2700, 2900, 3000, 3100, 3200, 3400, 3500, 3600, 3602 and 3604 Horizon Drive, and 2300, 2500, 2520 and 2560 Renaissance Boulevard. JLL Capital Markets team arranged $79.3 million in acquisition financing, with an initial term of three years and two additional one-year extensions. LoanCore Capital provided the loan and part of it will be used as capital for leasing activity. Robert Fahey and Jerry Kranzel of CBRE Inc. represented Liberty Property Trust in the transaction. Robert Fahey, Jerry Kranzel, Erin Hannan and Jack Corcoran of CBRE Capital Markets’ Institutional Properties team represented Liberty Property in the marketing and sales negotiations. Nick Harris and Steven Doherty of CBRE's Debt & Structured Finance team procured the financing on behalf of MLP Ventures. MLP Ventures completed the acquisition of eight office properties and six industrial flex in King of Prussia, Pennsylvania from Liberty Property Trust (NYSE:LPT) in the first weeks of 2018.