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Bedford Property Investors Announces Departure of Robert Pester.


LAFAYETTE, Calif.--(BUSINESS WIRE)--Nov. 12, 1998--Bedford Property Investors, Inc. (NYSE NYSE

See: New York Stock Exchange
:BED) announced today the resignation of Robert Pester, Chief Investment Officer for the firm.

Pester expressed regret at leaving his assignment at Bedford, but said he is "leaving a solid team with a strong business plan in front of them."

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 of the Lafayette-based real estate investment trust, commented that "Bob has made an outstanding contribution to our firm and, while we are very sorry to see him leave, he is leaving to accept a truly exceptional opportunity. We wish him the best of success in his new assignment."

Bedford Property Investors is a self-administered 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 Exchanges under the symbol "BED" and its web site is www.bedfordproperty.com.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 13, 1998
Words:155
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