University of Pennsylvania Health System, Inc. acquired Medical Office Tower in Center City Philadelphia from Liberty Property Trust (NYSE:LPT) for $99.3 million on July 2, 2019. Liberty Property Trust used a portion of the sales proceeds at closing to repay $35.9 million of mortgage debt encumbering the property and, consequently, will realize a loss on early extinguishment of debt of $7.6 million, or $0.05 per diluted share, in the second quarter of 2019. University of Pennsylvania Health System, Inc. completed the acquisition of medical office tower in center city Philadelphia from Liberty Property Trust (NYSE:LPT) on July 2, 2019.