SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): January 6, 1999
BANYAN STRATEGIC REALTY TRUST
------------------------------------------------------
(Exact name of Registrant as specified in its charter)
Massachusetts 0-15465 36-3375345
(State of or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation) Number)
150 South Wacker Drive, Suite 2900, Chicago, IL 60606
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312)553-9800
This document consists of 4 pages.
- 1 -
<PAGE>
ITEM 5. OTHER INFORMATION
On January 6, 1999, the Trust issued a Press Release, a copy of which
is attached hereto as Exhibit (99.1) and is incorporated herein by
reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Exhibits
EXHIBIT NUMBER DESCRIPTION
Exhibit (99.1) Press Release dated January 6, 1999
- 2 -
<PAGE>
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.
Date: January 15, 1999 BANYAN STRATEGIC REALTY TRUST
(Registrant)
By: JOEL L. TEGLIA
---------------------
Joel L. Teglia
Vice President,
Chief Financial and
Accounting Officer
- 3 -
EXHIBIT (99.1)
- --------------
AT THE TRUST: AT THE FINANCIAL RELATIONS BOARD:
Karen Dickelman Tony Ebersole Laura Kuhlmann Georgeanne Palffy
Investor General Info. Media Inquiries Analyst Inquiries
Relations 312 640-6728 312 640-6727 312 640-6768
312 683-3671
www.banyanreit.com
- ------------------
FOR IMMEDIATE RELEASE
WEDNESDAY, JANUARY 6, 1999
BANYAN STRATEGIC REALTY TRUST DECLARES
FOURTH QUARTER 1998 CASH DISTRIBUTION
--------------------------------------
CHICAGO, JANUARY 6, 1999 -- BANYAN STRATEGIC REALTY TRUST (Nasdaq:BSRTS)
today declared a quarterly cash distribution of 12 cents per share for the
fourth quarter ended December 31, 1998. The distribution is payable
February 22, 1999, to shareholders of record as of January 22, 1999.
Banyan Strategic Realty Trust is a equity real estate investment trust
(REIT) with a portfolio that includes primarily flex/industrial and
suburban office buildings, as well as retail and residential properties.
The Trust's current portfolio includes 32 properties totaling 3.7 million
net rentable square feet and 864 apartment units. The Trust currently has
13,389,846 shares of beneficial interest outstanding.
See Banyan's Website at http://banyanreit.com for additional company
information.
Further information regarding Banyan can also be found free of charge via
fax by dialing 1-800-PRO-INFO and enter "BSRTS."