Bedford Property Investors Announces Leasing Activity in Denver, Colorado.Business Editors/Real Estate Writers LAFAYETTE, Calif.--(BUSINESS WIRE)--July 24, 2003 Bedford Property Investors, Inc. (NYSE NYSE See: New York Stock Exchange :BED) announced today the signing of a 62-month lease with Fireman's Fund Insurance Company Fireman's Fund Insurance Company is a Novato, California-based insurance company owned by Allianz SE of Germany. It was founded June 18 1863 and issued its first policy to Walter Hawxhurst covering one half interest in 1,000 kegs of Boston syrup for a premium of $12. to occupy 40,641 square feet of office space at 4601 DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). Boulevard, Denver, Colorado in October 2003. "Fireman's Fund Insurance Company is an excellent and welcome addition to our Colorado portfolio tenant roster. Our Denver team has worked diligently to upgrade and reposition this asset since Chevron/Texaco vacated the two top floors now to be occupied by Fireman's Fund. This transaction reflects the Denver market's favorable response to the upgrades made to 4601 DTC Boulevard as well as to our marketing program," said Peter B. Bedford, Chief Executive Office and Chairman of the Board. THE COMPANY ANNOUNCED THAT, WITH THE SIGNING OF THIS TRANSACTION, THE 4601 DTC BOULEVARD BUILDING IS 100% LEASED. Bedford Property Investors is a self-administered equity real estate investment trust 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 Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the Pacific Exchange under the symbol "BED," and its web site is www.bedfordproperty.com. Please note: This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 that represent the company's current expectations and beliefs. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to be materially different from those expressed, expected or implied by the forward-looking statements. The risks and uncertainties that could cause the company's actual results to differ from management's estimates and expectations are contained in the company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . The company does not undertake to update forward-looking information contained herein or elsewhere to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. |
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