June 24, 1998

To:  The Investors in Metric Partners Growth Suite Investors, L.P. ("GSI" or the
     "Partnership")

RE:  Important Information Concerning Resale Transactions for 1998

Dear Investor:

On June 24,  1998,  Gemisys,  the  Partnership's  Transfer  Agent,  notified the
Managing General Partner that trading representing 4.9% of the outstanding Units
of GSI had been reached; consequently, the processing of resale transactions has
been  suspended.  You are hereby  notified of such suspension in accordance with
Section  12.3 of the GSI  Partnership  Agreement.  This  action was taken by the
Managing  General  Partner in accordance with its fiduciary  responsibility  and
with the advice of counsel to protect the  Partnership's tax status as a limited
partnership.  IRS regulations  provide that should 5% or more of the outstanding
assignee limited partnership Units be traded in a calendar year, the Partnership
could be classified as a publicly  traded  partnership for federal tax purposes,
and  could  therefore  be taxed as a  corporation.  For  additional  information
regarding this subject, please refer to the original offering Prospectus for GSI
dated April 14, 1988.

All paperwork submitted from the time of the suspension through the remainder of
the 1998  calendar  year will be  returned  to the  originator.  We regret  this
suspension,  but believe such action is in the best interest of the  Partnership
and its investors.  Gemisys will again begin processing  resale  transactions on
January 4, 1999.

Transfers to which the above trading  limit and  suspension do not apply include
carryover basis  transactions;  transfers at death;  transfers between siblings,
spouses,  ancestors,  or lineal descendants;  and distributions from a qualified
retirement   plan.   If  you  have   questions   regarding  a  resale  or  other
re-registration  transaction,  please contact Gemisys at (800)  955-3025,  or in
writing to GSI c/o  Gemisys,  7103 South  Revere  Parkway,  Englewood,  Colorado
80112-3936.

Should you have  questions  regarding  this  communication  please  contact  the
Investor Representative for GSI at (800) 347-6707, extension 2025, or in writing
to GSI,  c/o SSR  Realty  Advisors,  One  California  Street,  Suite  1400,  San
Francisco, California 94111.


Sincerely,

METRIC REALTY
as Managing General Partner of GSI