CHICAGO, July 14 /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, 2000.
The distribution is payable August 21, 2000 to shareholders of record as of
July 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 14,201,689 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
Company News On-Call:
http://www.prnewswire.com/comp/126807.html or fax,
800-758-5804, ext. 126807
CONTACT:
Karen Dickelman, Investor Relations of Banyan
Strategic Realty Trust, 312-683-3671, or ir@banyanreit.com; or
Georganne Palffy, Analyst Inquiries of Financial Relations Board,
312-640-6768, for Banyan Strategic Realty Trust
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