Bentley Forbes Markets Nearly 5M SF

David W. Cobb, president and CEO of the firm, says the upshot of theportfolio sales and the investment next year will be to "exponentiallygrow BentleyForbes in 2005." Since June the company has focused oncreating class A properties and has hired several new senior executives as part of the expansion program. Proceeds of the portfolio sales will gotoward new acquisitions of class A office, trophy retail and industrialproperties, Cobb says. The firm has engaged Wachovia Securities as itsinvestment banker to identify joint venture partners in the institutionalinvestment markets. It will seek one partner interested in the firm s focuson net lease and sale leaseback properties, and one partner interested inpursuing select multitenant properties in class A office and retailproperties.

The office portfolio up for sale comprises approximately 2.1 million sfof class A space in 14 buildings located in California, Ohio, Colorado,Maryland and Texas. It is being marketed by Jeffrey W. Shell of Cushman & Wakefield. The industrial portfolio comprises approximately 2.5 million sf in 15 buildings located in California, North Carolina, Massachusetts, Georgia, Illinois, Texas, Idaho, Wisconsin,Maryland, Pennsylvania and Alabama. It is being marketed by JackFraker of CB Richard Ellis. The properties will be sold either to one, all-inclusive buyer, in clusters based around a tenant, or in single property sales.