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TheStreet Open House

Liberty Property Trust's CEO Discusses Q3 2011 Results - Earnings Call Transcript

Liberty Property Trust ( LRY)

Q3 2011 Earnings Call

October 25, 2011 1:00 PM ET

Executives

Jeanne Leonard – VP, Corporate Communications

William Hankowsky – Chairman, President and CEO

George Alburger – EVP, CFO and Treasurer

Michael Hagan – SVP, Acquisitions and CIO

Robert Fenza – EVP and COO

Analysts

Sloan Bohlen – Goldman Sachs

Gabriel Hilmoe – UBS

Anthony Paolone – JP Morgan

Ki Bin Kim – Macquarie

Alexander Goldfarb – Sandler O’Neill

Brendan Maiorana – Wells Fargo

Josh Attie – Citi

Michael Bilerman – Citi

Jordan Sadler – Key Bank Capital

John Guinee – Stifel

John Steward – Green Street Advisor

Vincent Chao – Deutsche Bank

Daniel Donlan – Janney Capital

Presentation

Operator

Good afternoon. My name is Michelle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Liberty Property Trust Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. (Operator Instructions).

Thank you. Mrs. Leonard. You may begin your conference.

Jeanne Leonard

Thank you, Michelle and thanks everyone for tuning in today. You will hear prepared remarks from Chief Executive Office, Bill Hankowsky; Chief Financial Officer, George Alburger; Chief Investment Officer, Mike Hagan; and Chief Operating Officer, Rob Fenza.

During the call, management will be referring to our quarterly supplemental information package. You can access this package as well as the corresponding press release on the Investor section of Liberty’s website at www.libertyproperty.com. In this package and in the press release, you will also find a reconciliation of non-GAAP financial measures we referenced today to GAAP measures.

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