SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) November 7, 1994
HRE PROPERTIES
(Eact name registrant as specified in charter)
Massachusetts 1-6309 04-2458402
(State or other jurisdiction (Commission (IRS employer
of incorporation) file number) identification no.)
530 Fifth Avenue New York, New York 10036
(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code 212/642-4800
ITEM 5 Other Events
On November 7, 1994, the Registrant entered into a Purchase
and Sale Agreement dated as of October 24, 1994 with Public
Employees Retirement System of Nevada for the sale of four (4)
warehouse distribution facilities owned by the Registrant totalling
626,060 square feet of gross leasable space. The properties are
located in Colorado, Florida, Oregon and Tennessee and net leased
to a single tenant. The sale price to the Registrant is
$13,596,870 subject to certain proration adjustments.
The transaction is expected to close during the Registrant's first
quarter in fiscal year 1995 which commenced on November 1, 1994.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
HRE PROPERTIES
(Registrant)
Date November 18, 1994
By /s/ Charles J. Urstadt
Charles J. Urstadt
President and Chief
Executive Officer
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