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Bedford Property Investors, Inc. makes announcement.


LAFAYETTE, Calif.--(BUSINESS WIRE)--March 7, 1996--Bedford Property Investors, Inc. (NYSE NYSE

See: New York Stock Exchange
:BED) announces the execution of a lease of 45,090 square feet to Fujitsu PC Corporation at the REIT's 598 Gibraltar Drive R&D building in Milpitas, Calif.

The building will serve as the U.S. headquarters for Fujitsu's newly formed laptop computer company.

598 Gibraltar Drive is a single-story, 45,090 square foot R&D facility built as a speculative development. Located on a vacant parcel purchased from Prudential at the same time as the adjacent Milpitas Town Center project, shell construction began in September, 1995 and was completed March 1, 1996. Fujitsu plans to occupy the premises on April 5, 1996.

"We are excited to be a part of Fujitsu's entry into the U.S. personal computer market," stated Peter Bedford Peter Lawrence Anthony "Wheels" Bedford (born April 11, 1947) is a former Australian rules footballer. He is best known for his time at Victorian Football League team South Melbourne, but he also played eight games for Carlton.

Peter began his football career at C.B.C.
, Chairman and Chief Executive Officer. "They are a well respected company that truly appreciates our facility. We look forward to following their future successes in the marketplace."

Bedford Property Investors is a self-administrated equity real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
) with investments in suburban office buildings and industrial properties concentrated in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River
West

Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century
. It is traded on the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and Pacific Stock Exchanges under the symbol "BED."

CONTACT: Bedford Property Investors, Inc.

Peter B. Bedford or Donald A. Lorenz, 510/283-8910
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 1996
Words:217
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