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                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                    FORM 8-K


                                 CURRENT REPORT
               PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
                              EXCHANGE ACT OF 1934



       Date of Report (Date of earliest event reported) November 22,1995


                             EQK REALTY INVESTORS I
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Massachusetts                                    1-8815                                       23-2320360                
- ----------------------------      ---------------------------------------    -------------------------------------------
(State or other juris-                    (Commission File Number)                (IRS Employer Identification No.)
diction of incorporation)



5775 Peachtree Dunwoody Road, Suite 200D, Atlanta, GA                 30342 
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(Address of principal executive offices)                            (Zip Code)



Registrant's telephone number, including area code    (404) 303-6100  
                                                    -----------------


                                      N/A
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        (Former name or former address, if changed since last report.)
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Item 5.          Other Events

                 EQK Realty Investors I (the "Company") announced on November
                 28, 1995 that it has executed an agreement of sale for
                 Castleton Park, its 1.1 million square foot office complex
                 located in Indianapolis, Indiana.  This agreement follows the
                 Company's September 11, 1995 announcement of the signing of a
                 letter of intent to sell Castleton and the substantial
                 completion of due diligence by the purchaser, which is an
                 affiliate of a major national real estate advisory firm.

                 Under the terms of the sale agreement, the purchaser will pay
                 $40,175,000, subject to final due diligence adjustments, 
                 customary prorations, closing costs and other transaction 
                 expenses.
                         
                 A copy of the agreement of sale and of the press
                 release announcing its execution are attached hereto as 
                 Exhibits 99 (a) and (b), respectively.

Item 7.          Financial Statements, Pro Forma Financial Information and 
                 Exhibits


                 (c)      Exhibits:

                 99 (a)   Purchase Agreement for Real Property and Escrow
                          Instructions.

                 99 (b)   Press release of EQK Realty Investors I dated 
                          November 28, 1995.
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                                   SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                     EQK REALTY INVESTORS I



DATE:  DECEMBER 1, 1995               BY: /S/WILLIAM G. BROWN, JR.  
                                          --------------------------------------
                                          NAME:  WILLIAM G. BROWN, JR.  
                                          TITLE: VICE PRESIDENT AND CONTROLLER
                                                 (PRINCIPAL ACCOUNTING OFFICER)
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                                 EXHIBIT INDEX



                       
Exhibit
Number


99(a)                     Purchase Agreement for Real Property
                          and Escrow Instructions.

99(b)                     Press release of EQK Realty Investors I dated 
                          November 28, 1995.