Bedford Property Investors announces termination of agreement to buy real estate assets.LAFAYETTE, Calif.--(BUSINESS WIRE)--Feb. 3, 1995--Bedford Property Investors Inc. (NYSE NYSE See: New York Stock Exchange :BED) announced today that it has terminated the previously announced agreement to buy substantially all of the real estate assets of Mission West Properties (ASE/PSE:MSW (MicroSoft Word) See Microsoft Word. ), a San Diego based owner of industrial and office properties. Bedford Property Investors exercised its right to terminate the transaction during the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. period provided under the definitive agreement. Bedford Property Investors continues to pursue acquisition opportunities in suburban office 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 . Bedford Property Investors is a self-administered equity real estate investment trust that is traded on the New York and Pacific Stock Exchanges under the symbol "BED." CONTACT: Bedford Property Investors Peter B. Bedford or Jay Spangenberg, 510/283-8910 |
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