Filed Pursuant to Rule 433
Dated September 20, 2007
Registration Statements
No. 333-125571
No. 333-120692

Liberty Property Limited Partnership

FINAL TERM SHEET

Dated: September 20, 2007

Issuer:	Liberty Property Limited Partnership
Size:	$300,000,000
Maturity:	October 1, 2017
Coupon (Interest Rate):	6.625%
Underwriting Discount:	0.650%
Yield to Maturity:	6.710%
Spread to Benchmark Treasury:	+ 207 basis points
Benchmark Treasury:	4.75% due August 15, 2017
Benchmark Treasury Price and Yield:	100-27+ 4.640%
Interest Payment Dates:	April 1 and October 1, commencing April 1, 2008
Redemption Provision:	At any time at a discount rate of Treasury plus 35 basis points
Price to Public:	99.385%
Settlement Date:	September 25, 2007
Ratings:	Baa2 by Moody's Investors Service, Inc., BBB by Standard & Poor's Ratings Services and BBB+ by Fitch Ratings

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll-free at 1-800-294-1322, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649 or Wachovia Capital Markets, LLC toll-free at 1-866-289-1262. You also may e-mail a request to dg.prospectus_distribution@bofasecurities.com or syndicate.ops@wachovia.com.