<ARTICLE> 5 <CIK> 0000099235 <NAME> TRANSCO REALTY TRUST <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 3,501 <SECURITIES> 0 <RECEIVABLES> 86,436 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,231,457 <CURRENT-LIABILITIES> 1,644,180 <BONDS> 0 <PREFERRED-MANDATORY> 1,000,000 <PREFERRED> 0 <COMMON> 4,147,196 <OTHER-SE> (5,559,919) <TOTAL-LIABILITY-AND-EQUITY> 1,231,457 <SALES> (859,666) <TOTAL-REVENUES> (859,666) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 115,416 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 35,948 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (897,030) <EPS-PRIMARY> (1.71) <EPS-DILUTED> 0