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Pacific Gulf Properties Declares Second Quarter 1998 Dividend

    NEWPORT BEACH, Calif., June 10 /PRNewswire/ -- Directors of Pacific Gulf
Properties Inc. (NYSE: PAG) today declared a regular dividend of $.42 per
share.  The  dividend will be payable July 10, 1998, to shareholders of record
on July 1, 1998.
    Pacific Gulf Properties Inc., a self-administered and self-managed equity
real estate investment trust, owns, operates, leases, acquires, rehabilitates
and develops industrial and multifamily properties located in selected markets
within the western United States.


SOURCE Pacific Gulf Properties Inc.




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