EXHIBIT 99.15
- -------------




AT THE TRUST                  AT THE FINANCIAL RELATIONS BOARD

Karen Dickelman               Larry Stein             Georganne Palffy
Investor Relations            General Inquiries       Analyst Inquiries
312/683-3671                  312/640-6794            312/640-6768
ir@banyanreit.com




FOR IMMEDIATE RELEASE
WEDNESDAY, APRIL 5, 2000




                  BANYAN STRATEGIC REALTY TRUST DECLARES
                   FIRST QUARTER 2000 CASH DISTRIBUTION




CHICAGO, APRIL 5, 2000 - Banyan Strategic Realty Trust (Nasdaq:BSRTS) today
declared a quarterly cash distribution of  12 cents per share for the first
quarter ended March 31, 2000.  The distribution is payable May 22, 2000 to
shareholders of record as of April 21, 2000.

Banyan Strategic Realty Trust is an equity Real Estate Investment Trust
(REIT) that owns primarily office and flex/industrial properties.  These
properties are located in certain major metropolitan areas of the Midwest
and Southeastern United States, including Atlanta, Georgia and Chicago,
Illinois and smaller markets such as Huntsville, Alabama, Louisville,
Kentucky, Memphis, Tennessee, and Orlando, Florida.  The Trust's current
portfolio consists of 27 properties totaling 3.5 million rentable square
feet.  As of this date, the Trust has 14,165,635 shares of beneficial
interest outstanding.


             See Banyan's Website at http:www.banyanreit.com.


For further information regarding Banyan free of charge via fax,
dial 1-800-PRO-INFO and enter "BSRTS".

























                                  - END -