Year-To-Date Property Investments Total $600 Million

    BOSTON, Sept. 5 /PRNewswire/ -- Beacon Properties Corporation (NYSE: BCN)
announced today that it has completed the previously-announced acquisitions of
ten office buildings located in Fairfax County, Virginia, Washington, D.C. and
suburban Chicago.  Encompassing 1,562,372 square feet, the buildings were
purchased for a total of $227 million.
    The acquisitions bring to $600 million the total invested by Beacon in
acquiring office properties so far in 1996; last February, the company
acquired the 32-building Perimeter Center in Atlanta, Georgia, for
$336 million.  The 42 buildings acquired this year comprise about 4.9 million
square feet and have increased Beacon's total property portfolio by 73 per
cent to approximately 11.6 million square feet.
    Alan M. Leventhal, president and chief executive officer of Beacon,
stated: "This latest round of acquisitions corresponds with our strategy to
diversify geographically into targeted office markets which have significant
job creation, economic growth and lack of new office supply.  This strategy
also places an emphasis on suburban properties which now represent 66 per cent
of Beacon's total portfolio, compared with 60 per cent previously."
    Six of the ten buildings are located in suburban Chicago.  They include
the five-building, 548,000 square foot Tri-State International suburban office
campus in Lincolnshire, Illinois, and AT&T Plaza, a 225,318 square foot
building in Oak Brook, Illinois.
    Three buildings are located in Fairfax County, Virginia: the E.J. Randolph
Building, Tysons Corner, Virginia with 164,677 square feet, the John Marshall
Building, Tysons Corner, Virginia, with 261,364 square feet; and the
Northridge 1 Building, Herndon, Virginia, with 124,319 square feet.
    Finally, a two-tower office building covering 238,694 square feet, is
located in Washington, DC, at 1333 H Street, NW.
    Financing for the acquisitions was realized from the proceeds of a public
stock offering in August 1996 which raised net proceeds of approximately
$139 million; from the issuance of operating partnership units; and from the
assumption of mortgage debt.
    Beacon Properties Corporation is a self-administered and self-managed real
estate investment trust (REIT).  One of the nation's largest office REITs,
Beacon owns or has an interest in 68 properties totalling approximately
11.6 million square feet.  The company specializes in property acquisitions,
management, leasing, design, construction and development.  In addition to its
own properties, Beacon manages 2.5 million square feet for third party
institutional owners.  Further information is available at the company's
Internet site: http://www.beaconproperties.com.

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