BOSTON, Oct. 30 /PRNewswire/ -- The Board of Directors of Beacon
Properties Corporation (NYSE: BCN) today declared a quarterly dividend of
50 cents per share, payable November 21, 1997, to shareholders of record as of
November 7, 1997.
    The payment covers the third quarter ended September 30, 1997.  Beacon
stock will begin trading ex-dividend on November 5, 1997.
    As announced on September 15, Beacon Properties Corporation and Equity
Office Properties Trust (NYSE: EOP) have entered into a definitive agreement
and plan of merger.
    Beacon Properties Corporation, with headquarters in Boston, Massachusetts,
is one of the nation's largest real estate investment trusts (REITs).
Established in 1994 as a self-administered and self-managed REIT, the company
owns or has an interest in a portfolio of office properties located in major
metropolitan areas, including Boston, Atlanta, Chicago, Los Angeles, San
Francisco and Washington DC.  Beacon's office portfolio currently totals 123
buildings containing 20.7 million square feet.  The properties are
approximately 97 percent leased with over 1,250 tenants.  Additional
information about Beacon is available at the company's Internet site at
http://www.beaconproperties.com.
    Certain matters discussed in this press release may constitute forward-
looking statements within the meaning of the Federal securities law. Although
Beacon believes that the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, it can give no assurance
that its expectations will be achieved.  Factors that could cause actual
results to differ materially from Beacon's current expectations include
general economic conditions, local real estate conditions, timely releasing of
occupied square footage upon expiration, interest rates, availability of
equity and debt financing and other risks detailed from time to time in the
company's filings with the Securities and Exchange Commission, including
quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form
10-K.

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