CHICAGO, Oct. 16 /PRNewswire/ -- Banyan Strategic Realty Trust
(Nasdaq: BSRTS) today declared a quarterly cash distribution of 12 cents per
share for the third quarter ended September 30, 2000. The distribution is
payable November 28, 2000 to shareholders of record as of October 27, 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 14,238,161 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
800-PRO-INFO and enter "BSRTS".
SOURCE Banyan Strategic Realty Trust
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Related links:
http://www.banyanreit.com
CONTACT:
Investor, Karen Dickelman, 312-683-3671,
email, ir@banyanreit.com; or Analyst, Georganne Palffy of The
Financial Relations Board, 312-640-6768
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