SAN DIEGO, Feb. 12 /PRNewswire/ -- Burnham Pacific Properties, Inc.
(NYSE: BPP), an equity real estate investment trust (REIT), today announced it
will pay a regular first quarter dividend of $0.2625 per share. The dividend
will be payable March 31, 1999 to shareholders of record on March 24, 1999 and
represents the 132nd consecutive dividend paid by the Company.
Burnham Pacific Properties is a fully integrated real estate operating
company which acquires, rehabilitates, develops and manages retail properties.
With 83 properties and four major leaseholds in its portfolio to date, the
Company is the largest owner of retail centers on the West Coast. Burnham
Pacific maintains offices in California, Oregon and Washington and makes
available on a quarterly basis supplemental information that includes property
and corporate level detail which is available upon request. More information
on Burnham Pacific may be found on the Company's web site at
http://www.burnhampacific.com or by calling 800-462-5181.
SOURCE Burnham Pacific Properties, Inc.
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Related links:
http://www.burnhampacific.com
CONTACT:
Daniel B. Platt, Chief Financial Officer of
Burnham Pacific Properties, Inc., 619-652-4700, fax 619-652-4711,
dbplatt@bpac.com
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