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MALVERN, PA. — Malvern-based Liberty Property Trust has completed the sale of 48 properties, totaling 2.6 million square feet and 19 acres, for $329.6 million. The recent closing consists of 2.1 million square feet of office space and 468,000 square feet of flex properties, including 1.37 million square feet across 23 properties in Maryland, 1.89 million square feet across 24 properties in New Jersey and a 36,718-square-foot property in Fort Washington, Pa. The sale is part of a previously announced transaction consisting of a total of 97 properties. The first closing, which occurred in December 2013, consisted of 49 properties for $367.7 million.