EXHIBIT 3.1.5
LIBERTY PROPERTY LIMITED PARTNERSHIP
PARTNERSHIP INTERESTS
AS OF DECEMBER 31, 1998
Number of
Partnership
Limited Partners Interests Percentage
- ---------------------------------------- ----------- ----------
Balitsaris, Peter 34,969 0.0461%
Carr, Clai 118,198 0.1557%
Castorina, John 11,094 0.0146%
Congdon, George 0 0.0000%
The Estate for George F. Congdon 314,276 0.4141%
Denny, Joseph 260,250 0.3429%
Felix, Jill 195,043 0.2570%
Fenza, Robert 187,670 0.2473%
Fitzgerald, Ward 9,344 0.0123%
Gildea, Larry 93,319 0.1229%
Goldschmidt, Robert 22,895 0.0302%
Hagan, Michael 9,343 0.0123%
Hammers, David 233,133 0.3072%
Kiel, Bob 14,491 0.0191%
Kline, Earl 18,820 0.0248%
Lutz, Jim 27,981 0.0369%
Mazzerralli, James 13,445 0.0177%
Messaros, Steve 0 0.0000%
Messaros, Sharron 7,245 0.0095%
Morrissey, Mary Beth 9,344 0.0123%
Price, Leslie 167,964 0.2213%
Reichert, Joseph 27,242 0.0359%
Rouse & Assoc., Inc. 4,652 0.0061%
Rouse, Willard 453,320 0.5973%
Trust Congdon Children 92,825 0.1223%
Trust Hammers Children 89,651 0.1181%
Trust for Mary Rouse 11,223 0.0148%
Trust for Anne Rouse 11,223 0.0148%
Trust for Rouse Younger Children 67,338 0.0887%
Trust for Laurie Hammers 5,506 0.0073%
Weitzmann, Mike 42,312 0.0557%
R&A - Southeast Limited Partnership 153,909 0.2028%
Liberty Special Purpose Corp. 10,574 0.0139%
Lingerfelt, Rebecca 8,076 0.0106%
Trust J. Ryan Lingerfelt 15,625 0.0206%
Trust Justin M. Lingerfelt 15,625 0.0206%
Trust Daniel K. Lingerfelt 15,625 0.0206%
Trust Catherine E. Lingerfelt 15,625 0.0206%
Lingerfelt, Alan T. 317,500 0.4183%
Lingerfelt, L. Harold 164,375 0.2166%
Carpenter, James J. 78,750 0.1038%
Lingerfelt, David L. 30,674 0.0404%
Ferguson, Morris U. 6,000 0.0079%
Lingerfelt, Carl C. 12,500 0.0165%
Wright, Murray H. 7,500 0.0099%
Latimer, Erle Marie 12,500 0.0165%
Mazel Investments LLC 28,025 0.0369%
Stewart R. Stender 57,613 0.0759%
Robert C. Lux 57,612 0.0759%
NWBC Associates, Inc. 28,191 0.0371%
EXHIBIT 3.1.5 - Continued
LIBERTY PROPERTY LIMITED PARTNERSHIP
PARTNERSHIP INTERESTS
AS OF DECEMBER 31, 1998
Number of
Partnership
Limited Partners Interests Percentage
- ---------------------------------------- ----------- ----------
330 Associates, Inc. 3,407 0.0045%
APEX Asset Management Corp. 85,051 0.1121%
LPC of S.C., Inc. 203,742 0.2684%
Libco of Florida, Inc. 283,238 0.3732%
Southchase Development Corp. 0 0.0000%
Rouse & Associates Maryland Partnership 20,000 0.0264%
A. Carl Helwig 356,737 0.4700%
James J. Sunday 79,348 0.1045%
Charles J. Walters 290,723 0.3830%
Dennis Doyle 19,380 0.0255%
Stanford Baratz 9,044 0.0119%
Walton Street Real Estate Fund II, LP 311,562 0.4105%
Walton Street Managers II, LP 3,147 0.0041%
Total Limited Partner Interests 5,255,794 6.9245%
General Partner
Liberty Property Trust - Preferred Units 5,000,000 6.5875%
Liberty Property Trust GP 86.4880%
Total Ownership 100.0000%
GP - The partnership units for Liberty Property Trust have not been
reflected because there is no conversion of units to shares to the
general partner.