CHICAGO, April 5 /PRNewswire/ -- Banyan Strategic Realty Trust
(Nasdaq: BSRTS) today declared a quarterly cash distribution of 12 cents per
share for the first quarter ended March 31, 2000. The distribution is payable
May 22, 2000 to shareholders of record as of April 21, 2000.
Banyan Strategic Realty Trust is an equity Real Estate Investment Trust
(REIT) that owns primarily office and flex/industrial properties. These
properties are located in certain major metropolitan areas of the Midwest and
Southeastern United States, including Atlanta, Georgia and Chicago, Illinois
and smaller markets such as Huntsville, Alabama, Louisville, Kentucky,
Memphis, Tennessee, and Orlando, Florida. The Trust's current portfolio
consists of 27 properties totaling 3.5 million rentable square feet. As of
this date, the Trust has 14,165,635 shares of beneficial interest outstanding.
See Banyan's Website at http://www.banyanreit.com .
For further information regarding Banyan free of charge via fax, dial 1-
800-PRO-INFO and enter "BSRTS".
SOURCE Banyan Strategic Realty Trust
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Related links:
http://www.banyanreit.com
CONTACT:
Karen Dickelman, Investor Relations of Banyan
Strategic Realty Trust, 312-683-3671, ir@banyanreit.com, or
General Inquiries, Larry Stein, 312-640-6794, Analysts, Georganne
Palffy, 312-640-6768, both of the Financial Relations Board
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