"I think that Bedford had achieved its objectives here, saysBruceJackson, regional vice president for the firm. "The companywas ableto meet its capital gains goals and is now concentrating onothermarkets in the west and northwest that are more dynamic atthis time."

The majority of the industrial buildings were sold to apensionfund in California, the office building on College Boulevardto a St.Louis-based partnership and the Didde building to a localprivateinvestor, according to Jackson. Bedford, which had beeninvolved in the Kansas City marketplace since1990, had capitalgains of approximately $4.6 million on the transactions, or $0.25per share.

Sold by Bedford were three service center flex buildings, onebeing theLackman Business Center located in nearby suburban Lenexa,KS and the Panorama Business Center III,located here. The companyalso sold two bulk warehouses and two industrialbuildings inLenexa. Rounding out the sale were two buildings inOverland Park,KS, a 99,000 sf office building at 6600College Blvd. and the Diddebuilding at 1087 Benson in CorporateWoods.