Bedford Property Investors Inc. Files Shelf Registration Statement.LAFAYETTE, Calif.--(BUSINESS WIRE)--Oct. 31, 1996--Bedford Property Investors Inc. (NYSE NYSE See: New York Stock Exchange :BED) today announced it has filed a shelf registration statement with the Securities and Exchange Commission for the offering from time to time of up to 5,500,000 shares of the company's common stock. The company said it has no immediate plans to issue any securities but believes that it should be in a position to take timely advantage of market opportunities. The registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. If the company decides to proceed with an offering, it currently intends to use the proceeds from the sale of such securities to acquire, expand and develop industrial and suburban office properties, to repay certain indebtedness and for general corporate purposes. In the event of any offering under the shelf registration statement, a copy of the related prospectus supplement may be obtained at the time of such offering from Bedford Property Investors Inc., 270 Lafayette Circle, Lafayette, Calif. 94549, Attention: Investor Relations Investor relations The process by which the corporation communicates with its investors. . Bedford Property Investors Inc. 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 Stock Exchanges under the symbol "BED." CONTACT: Bedford Property Investors Inc. Peter B. Bedford or Donald A. Lorenz, 510/283-8910 |
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