CHICAGO, July 7 /PRNewswire/ -- Banyan Strategic Realty Trust
(Nasdaq: BSRTS) today declared a quarterly cash distribution of 12 cents per
share for the second quarter ended June 30, 1999. The distribution is payable
August 20, 1999 to shareholders of record as of July 20, 1999.
Banyan Strategic Realty Trust is an equity real estate investment trust
(REIT) with a portfolio that includes primarily flex/industrial and suburban
office buildings, as well as retail and residential properties. The Trust's
current portfolio includes 32 properties totaling 3.7 million net rentable
square feet and 864 apartments units. The Trust currently has 13,470,903
shares of beneficial interest outstanding.
See Banyan's website at http://www.bayanreit.com for additional company
information.
SOURCE Banyan Strategic Realty Trust
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Related links:
http://www.bayanreit.com
CONTACT:
Karen Dickelman, Investor Relations of Banyan
Strategic Realty Trust, 312-683-3671; or General Info., Tony
Ebersole, 312-640-6728, Media Inquiries, Laura Kuhlmann,
312-640-6727, or Analyst Inquiries, Georganne Palffy,
312-640-2874, all of The Financial Relations Board
NOTE TO EDITORS: Further information regarding Banyan can also be
found free of charge via fax by dialing 1-800-PRO-INFO and enter
BSRTS.
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