SAN DIEGO, Dec. 3 /PRNewswire/ -- Burnham Pacific Properties, Inc.
(NYSE: BPP), an equity real estate investment trust (REIT), today announced it
will pay a regular fourth quarter dividend of $0.2625 per share. The dividend
will be payable December 31, 1998 to shareholders of record on December 17,
1998 and represents the 131st consecutive dividend paid by the Company.
Burnham Pacific Properties is a fully integrated real estate operating
company which acquires, rehabilitates, develops and manages retail properties.
With 81 properties in its portfolio to date, the Company is the largest owner
of retail centers on the West Coast. Burnham Pacific maintains offices in
California, Oregon and Washington and makes available on a quarterly basis
supplemental information that includes property and corporate level detail
which is available upon request. More information on Burnham Pacific may be
found on the Company's web site at http://www.burnhampacific.com or by calling
800-462-5181.
SOURCE Burnham Pacific Properties, Inc.
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Related links:
http://www.burnhampacific.com
CONTACT:
Daniel B. Platt, Chief Financial Officer of
Burnham Pacific Properties, Inc., 619-652-4700, or fax,
619-652-4711, dbplatt@bpac.com
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