NORTHBROOK, Ill., Sept. 8 /PRNewswire/ -- Bradley Real Estate, Inc.
(NYSE: BTR) today announced the declaration of a regular quarterly cash
dividend on its Common Stock of $0.35 per share and a regular quarterly cash
dividend on its Series A Preferred Stock of $0.525 per share. Both classes of
dividends are payable on September 30, 1998, to stockholders of record on
September 18, 1998. These payments represent the 149th consecutive quarterly
dividend paid by Bradley Real Estate, Inc. on its Common Stock and the first
quarterly dividend paid on the company's Series A Preferred Stock, which was
issued in connection with Bradley's acquisition of Mid-America Realty
Investments, Inc. on August 6, 1998.
Bradley Real Estate, Inc. is the nation's oldest real estate investment
trust (REIT) and a leading owner and operator of neighborhood and community
shopping centers located in the Midwest region of the United States. The
company currently owns 95 properties located in 15 states aggregating 15
million square feet of rentable space.
SOURCE Bradley Real Estate, Inc.
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CONTACT:
Thomas P. D'Arcy, President and CEO of
Bradley Real Estate, 847-272-9800; or Dennis Waite of the
Financial Relations Board, 312-640-6674
NOTE TO EDITORS: For further information on Bradley Real Estate,
Inc. free of charge via fax, simply dial 1-800-PRO-INFO and enter
"BTR."
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