SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
[X] Current Report Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
December 6, 1996
(Date of Report)
Commission file number: 0-28354
Great Lakes REIT, Inc.
(Exact name of Registrant as specified in its Charter)
Maryland 36-3844714
(State or other jurisdiction (I.R.S. Employer identification no.)
of incorporation organization)
823 Commerce Drive, Suite 300, Oak Brook, IL 60521
(Address of principal executive offices) (Zip Code)
(630) 368 - 2900
(Registrant's telephone number, including area code)
2311 West 22nd St., Suite 109, Oak Brook, IL 60521
(Former address of principal executive offices) (Zip Code)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes X No
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
ACQUISITIONS
On November 22, 1996, Great Lakes REIT, Inc. (the "Company") acquired a three-
story, class A office building located at 1301 Long Lake Road, Troy, Michigan
("Long Lake Crossings"). Constructed in 1988, the property consists of 169,959
rentable square feet and was approximately 93% occupied at acquisition. The
property includes a two-story main lobby, an underground garage with 47
parking spaces, exterior parking with 1,067 spaces and a deli.
TERMS OF PURCHASE
Long Lake Crossings was purchased from an unaffiliated third party for
approximately $16.1 million. Funds for the purchase came from Company cash
reserves.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
As of the date of this 8-K, the financial statements and proforma financial
information related to this property are not available but will be filed by
the Company on Form 8-K not later than February 3, 1997.
No information is required under Items 1,3,4, and 6, and these items
have therefore been omitted.
By: /s/ Richard L. Rasley
Richard L. Rasley, Secretary
