Yesterday we looked at the most viewed stories of 2011. Today we focus on the Top Deals of the year, including two valued at $100 million each.
1. The biggest-dollar deal belongs to Lingerfelt Development, which in May paid about $100 million for a 900,000 square-foot portfolio of 14 buildings from Liberty Property Trust. In August, Lingerfelt added one more building at Glenside.
Lingerfelt and Liberty have a history. In 1995, Lingerfelt sold itself to Liberty. Alan Lingerfelt, now in his mid-50s, had worked locally for Liberty for 12 years until he retired. He then re-launched Lingerfelt Development.