<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF EQK REALTY INVESTORS I FOR THE PERIOD ENDED SEPTEMBER 30, 1994, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <CASH> 4,849 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 91,380 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 135,779 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (129,772) <TOTAL-LIABILITY-AND-EQUITY> 91,380 <SALES> 0 <TOTAL-REVENUES> 12,319 <CGS> 0 <TOTAL-COSTS> 4,309 <OTHER-EXPENSES> 4,102 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,077 <INCOME-PRETAX> (2,169) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,169) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,169) <EPS-PRIMARY> (.23) <EPS-DILUTED> (.23)