<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF EQK REALTY INVESTORS I FOR THE PERIOD ENDED DECEMBER 31, 1994, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 4,701 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 90,258 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 135,875 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (131,062) <TOTAL-LIABILITY-AND-EQUITY> 90,258 <SALES> 0 <TOTAL-REVENUES> 16,512 <CGS> 0 <TOTAL-COSTS> 5,836 <OTHER-EXPENSES> 6,003 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,132 <INCOME-PRETAX> (3,459) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,459) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,459) <EPS-PRIMARY> (.37) <EPS-DILUTED> (.37)