Bedford Property Investors Completes Acquisition.LAFAYETTE, Calif.--(BUSINESS WIRE)--Oct. 18, 1996--Bedford Property Investors, Inc. (NYSE/PSE:BED) announced today the acquisition of two industrial buildings located in Vista, Calif. The buildings total 90,058 sq. ft. and were purchased from Mitsui Fudosan Mitsui Fudosan Co., Ltd. (三井不動産株式会社 (U.S.A.), Inc. Both structures are fully leased on long term leases to Fujikura, a manufacturer of graphite bubble golf shafts The shaft of a golf club is the long, cylindrical piece - generally made of steel or graphite - which connects the golfer’s hands to the club head. While hundreds of different designs exist, the primary purpose of the golf shaft remains the same - to provide the player with a , and Mark Sensing Detecting pencil lines in predefined boxes on paper forms. The form is designed with boundaries for each pencil stroke that represents a yes, no, single digit or letter, providing all possible answers to each question. A mark sense reader detects the marks and converts them into digital code. , a manufacturer of coated papers. "The north coast of San Diego is where the commercial growth is going to occur," stated Peter B. Bedford, Chairman of Bedford Property Investors. "These two assets complement our recent acquisition of Carroll Tech Center in San Diego, and further position our REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). to take advantage of the recovering Southern California economy." Bedford Property Investors, Inc., is a self-administered equity 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 . CONTACT: Bedford Property Investors, Inc. Peter B. Bedford or Donald A. Lorenz, 510/283-8910 |
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