CHICAGO, Oct. 6 /PRNewswire/ -- Banyan Strategic Realty Trust
(Nasdaq: BSRTS) today declared a quarterly cash distribution of $0.12 per
share for the third quarter ended September 30, 1999. The distribution is
payable November 22, 1999 to shareholders of record as of October 22, 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 apartment units. The Trust currently has 13,509,893
shares of beneficial interest outstanding.
See Banyan's website at http://banyanreit.com for additional company
information.
Further information regarding Banyan can also be found free of charge via
fax by dialing 1-800-PRO-INFO and enter BSRTS.
SOURCE Banyan Strategic Realty Trust
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Related links:
http://www.banyanreit.com
CONTACT:
Investor Relations, Karen Dickelman of Banyan
Strategic Realty Trust, 312-683-5671; or General, Tony Ebersole,
312-640-6727, or Analyst, Georganne Palffy, 312-640-6768, both of
The Financial Relations Board for Banyan Strategic Realty Trust
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