BOSTON, April 24 /PRNewswire/ -- The Board of Directors of Beacon
Properties Corporation (NYSE: BCN) today declared a quarterly dividend of
46.25 cents per share, payable May 23, 1997, to shareholders of record as of
May 9, 1997.
The payment covers the first quarter ended March 31, 1997. Beacon stock
will begin trading ex-dividend on May 7, 1997.
Beacon Properties Corporation is a self-administered and self-managed real
estate investment trust (REIT). One of the nation's largest office REITs,
Beacon specializes in property ownership, management, leasing, design and
development. The company currently owns or has an interest in 104 properties
totaling approximately 15.8 million square feet. Pending acquisitions will
increase the portfolio to 112 properties encompassing 17.8 million square
feet. Further information is available at the company's Internet site:
http://www.beaconproperties.com.
SOURCE Beacon Properties Corporation
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CONTACT: Alex McCallum of Beacon Properties, 617-330-1400(office) or 603-778-8179(home)
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