Offers are due Thursday  on eight properties in Liberty Property Trust’s local portfolio leased on a long-term basis to Vanguard Group in the Great Valley Corporate Center in Malvern.

The buildings total 884,000 square feet and could sell for upwards of an estimated $250 million, writes Natalie Kostelni at bizjournals.com.

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The sale of these properties is significant. Once they go, the company will essentially be done divesting its local, suburban office properties as part of a strategy that started in earnest in 2013 to transform itself over five years into an industrial real estate investment trust from an owner of office and flex space.

Liberty will continue to own 650 E. Swedesford Road, where it maintains its new headquarters, and 680 E. Swedesford Road in Wayne.

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