10-Q/A

THIS REPORT IS FILED SOLELY TO CORRECT EDGAR FORMATTING ERRORS IN 
EXHIBIT 27.


                             UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C.  20549

                              FORM 10-Q/A-1

(Mark One)
X    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
     EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 1996

                                 OR

     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND 
     EXCHANGE ACT OF 1934

For the transition period from ____________________ to _____________________

     Commission file number:  1-13130 (Liberty Property Trust)
                              1-13132 (Liberty Property Limited Partnership)


                           LIBERTY PROPERTY TRUST
                   LIBERTY PROPERTY LIMITED PARTNERSHIP
     (Exact name of registrants as specified in their governing documents)  



MARYLAND (Liberty Property Trust)                                   23-7768996
PENNSYLVANIA (Liberty Property Limited Partnership)                 23-2766549
(State or other jurisdiction of 
 incorporation or organization)        (I.R.S. Employer Identification Number)

65 Valley Stream Parkway, Suite 100, Malvern, Pennsylvania               19355
(Address of Principal Executive Offices)                            (Zip Code)

Registrants' Telephone Number, Including Area Code              (610) 648-1700

Indicate by check mark whether the registrants (1) have filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding twelve (12) months (or for such shorter period that 
the registrants were required to file such reports) and (2) have been subject 
to such filing requirements for the past ninety (90) days.  YES   X    NO  	

On August 9, 1996, 29,855,091 Common Shares of Beneficial Interest, par value 
$.001 per share, of Liberty Property Trust were outstanding.


_________________________________
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" 
for forward-looking statements.  Certain information included in this 
Quarterly Report on Form 10-Q contain statements that are or will be forward-
looking, such as statements relating to acquisitions and other business 
development activities, future capital expenditures and the effects of 
regulation (including environmental regulation) and competition.  Such 
forward-looking information involves important risks and uncertainties that 
could significantly affect anticipated results in the future and, accordingly, 
such results may differ from those expressed in any forward-looking statements 
made by, or on behalf of, the Company. These risks and uncertainties include, 
but are not limited to, uncertainties affecting real estate businesses 
generally (such as renewals of leases and dependence on tenants' business 
operations), risks relating to acquisition, construction and development 
activities, possible environmental liabilities, risks relating to leverage and 
debt service (including sensitivity of the Company's operations to 
fluctuations in interest rates), the potential for the use of borrowings to 
make distributions necessary to qualify as a REIT, dependence on the primary 
markets in which the Company's properties are located, the existence of 
complex regulations relating to status as a REIT and the adverse consequences 
of the failure to qualify as a REIT and the potential adverse impact of market 
interest rates on the market price for the Company's securities.

                                   2


Item 6.  Exhibits and Reports on Form 8-K

         a.   Exhibits

              27 Financial Data Schedule (EDGAR VERSION ONLY)

         b.   Reports on Form 8-K

              None

                                      3



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each 
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.

LIBERTY PROPERTY TRUST



/s/ Joseph P. Denny                    August 13, 1996
- --------------------------------       ------------------------------
Joseph P. Denny                        Date



/s/ George J. Alburger, Jr.            August 13, 1996
- --------------------------------       ------------------------------
George J. Alburger, Jr.                Date


LIBERTY PROPERTY LIMITED PARTNERSHIP
By:  LIBERTY PROPERTY TRUST, GENERAL PARTNER




/s/ Joseph P. Denny                    August 13, 1996
- --------------------------------       -------------------------------
Joseph P. Denny                        Date



/s/ George J. Alburger, Jr.            August 13, 1996
- ---------------------------------      -------------------------------
George J. Alburger, Jr.                Date

EX-27

 

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Balance Sheet at June 30, 1996 (unaudited) and the Consolidated
Statement of Operations for the Six Months Ended June 30, 1996 (unaudited) and
is qualified in its entirety by reference to such financial statements.

<CIK> 0000921112
<NAME> LIBERTY PROPERTY TRUST
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          13,621
<SECURITIES>                                         0
<RECEIVABLES>                                    7,930
<ALLOWANCES>                                     1,025
<INVENTORY>                                          0
<CURRENT-ASSETS>                                21,551
<PP&E>                                       1,002,878
<DEPRECIATION>                                 108,257
<TOTAL-ASSETS>                                 965,758
<CURRENT-LIABILITIES>                           13,067
<BONDS>                                        535,154
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            29
<OTHER-SE>                                     344,020
<TOTAL-LIABILITY-AND-EQUITY>                   965,758
<SALES>                                              0
<TOTAL-REVENUES>                                73,213
<CGS>                                                0
<TOTAL-COSTS>                                   19,807
<OTHER-EXPENSES>                                17,151
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              18,567
<INCOME-PRETAX>                                 17,688
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             17,688
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    17,688
<EPS-PRIMARY>                                      .55
<EPS-DILUTED>                                      .63