BentleyForbes Plans for $12 Billion Portfolio Via Strategic Five-Year Investment and Growth Program

   National Commercial Real Estate Investment Firm to Focus on Strategic

  Capital Alliances, Global Expansion, Acquisitions, New Construction and

                    Continued Infrastructure Development



    LOS ANGELES, Aug. 14 /EMWNews/ -- BentleyForbes

(http://www.bentleyforbes.com), a national real estate investment firm,

today announced plans to move forward with an ambitious growth strategy

outlined in a five-year program that will expand its portfolio of

properties to $12 billion by 2014.



    Currently, the private company owns a $3 billion portfolio of

commercial properties that includes landmark Class A office, luxury hotel &

resort, and single-tenant corporate properties in diverse markets across

the United States.



    "During the past 12 months, BentleyForbes has focused on asset

management and property improvement within our existing portfolio, refining

operating procedures, and attracting key personnel to prepare for the

Company's next phase of growth," said Fred Wehba Sr.

(http://www.fredwehba.com), chairman and founder of BentleyForbes. "We are

confident that BentleyForbes is now correctly positioned to move forward

from a well capitalized, well prepared foundation on a strategic five-year

plan that targets the significant expansion and growth of our portfolio of

owned properties."



    Wehba, in conjunction with the BentleyForbes Executive Committee, which

also includes Vice Chairman Fred Wehba Jr., President & CEO David Cobb, and

Chief Operating Officer Bert Dezzutti, charted a four-point plan for growth

during the next five-year period:






    -- Strategic Capital Partnerships (Institutional Fund or Private Equity

       sources).

    -- Global Expansion (Enter International markets).

    -- New Acquisitions (Class A Office, Luxury Resort & Hotel, Single Tenant

       Corporate).

    -- New Development/Redevelopment (Property Expansion, Renovation, New

       Projects).



    "BentleyForbes is in a unique position within today's market

environment," said Cobb. "All of the Company's growth to date has been

through the successful management and redeployment of internally generated

capital resources. Our current portfolio of properties is funded with

stable, long-term debt and maintains healthy occupancy levels and cash

flows. A key to our future growth is to align our internally generated

capital with that of joint venture capital partners seeking to leverage the

strength of our investment, operations, and management expertise."



    BentleyForbes has diversified itself in recent years as an owner of

premier quality Class A office and luxury resort/hotel properties in select

U.S. markets. Historically, the Company is also known as the leading

private firm focused on the acquisition and management of single-tenant and

sale-leaseback corporate real estate properties, an expertise and product

type that still plays a role in its portfolio and operations today.



    "BentleyForbes has developed a scaleable operations platform that is

poised to support the Company's next phase of growth," said Dezzutti, who

joined the Company as COO at the beginning of 2008. "Through investment in

sophisticated and customized software systems, and the recruitment and

retention of key personnel with documented real estate investment

expertise, BentleyForbes is well positioned to manage and create value

within a growing portfolio of premier real estate assets."



    Since the founding of BentleyForbes in 1993 by real estate industry

leaders C. Frederick Wehba (Fred Wehba Sr.) and C. Frederick Wehba II (Fred

Wehba Jr.), the Wehba family has overseen the wholly-owned company's growth

to a total of 102 employees working in six offices companywide, including

its Los Angeles headquarters at Century City's MGM Tower. These personnel

include experts in real estate investment, management, accounting and law.



    Trophy assets in the current BentleyForbes portfolio include: The Four

Seasons Resort and Club Dallas, which sits on 400-acres and includes four

swimming pools, a 176,000-square-foot sports club, two golf courses, 307

guest rooms, 124 villa rooms, and 60 branded Four Season for-sale

condominiums now in development; Prudential Plaza, a 2.2

million-square-foot, two-tower, integrated office complex in Chicago; Bank

of America Plaza, a 1.3 million-square-foot office tower in Atlanta; Las

Olas Centre, a 469,000-square-foot office complex in Fort Lauderdale, Fla.;

The Watergate Building, a 261,000-square-foot office and retail property in

Washington, D.C.; and Three Dallas office properties: the

419,000-square-foot, three-building Preston Commons, the

303,000-square-foot Sterling Plaza, and the 236,000-square-foot Park

Center.

    About BentleyForbes:



    Founded in 1993 by C. Frederick Wehba and members of his family,

including C. Frederick Wehba II, privately-held BentleyForbes is a national

real estate investment firm focused on the acquisition, ownership and

management of trophy Class A office buildings, luxury resort and hotel

properties and select high-quality industrial and retail facilities.

Currently, the Company owns and operates a portfolio of assets valued in

excess of $3 billion that comprises approximately 7.9 million square feet

in total consideration located in diverse markets across the United States.

Typical investments for the Company range from $30 million to $500 million

and beyond, emphasizing multi-tenanted and single-tenanted Class A office

properties in top CBD or regional submarket locations and best-of-class

luxury resort and hotel properties in major MSA or resort destination

markets. Furthermore, the Company is recognized for its expertise in the

acquisition and management of single tenant and/or sale-leaseback property

investments, and continues to invest in assets of this type on a select

basis. From its Los Angeles headquarters, BentleyForbes employs a roster of

real estate experts well versed in commercial real estate investment,

finance, law, accounting and asset management. The Company also has

regional offices in Atlanta, Chicago, Dallas, Ft. Lauderdale and Washington

D.C. For more information, please logon to http://www.bentleyforbes.com.