Exhibit 99.1

                  HARTMAN COMMERCIAL PROPERTIES REIT ANNOUNCES
                      SECOND QUARTER EARNINGS AND REVENUES

Houston, Texas - August 6, 2003: Hartman Commercial Properties REIT ("HCP")
announces today the results of its second quarter, ending June 30, 2003. All per
share amounts reflected current shareholder balances through June 30, 2003:

..  Net Income Available to common shareholders decreased slightly to $1,050,005
   as compared to $1,099,689 in the second quarter of 2002. This represents
   $0.21 per common share for the second quarter of 2003 as compared to $0.22
   per common share for the second quarter of 2002.

..  Revenues for the second quarter of 2003 were $5,485,617, up from $5,214,460
   for the second quarter of 2002. This represents a 5% increase when comparing
   second quarter 2003 to the same period in 2002.

..  Occupancy for the overall portfolio was reported at 89% for the second
   quarter of 2003 as compared to 93% for the second quarter of 2002.

..  The Board of Directors of HCP declared a dividend of $0.25 per common share
   for the second quarter of 2003 up from $0.2375 per common share for the year
   ago quarter. This dividend represents a distribution of $1.00 per share on an
   annualized basis. The dividend will be paid in three equal installments
   beginning on July 1, 2003. Shareholders can expect a monthly dividend payment
   at the end of the first week of each month.

     Allen R. Hartman, President of HCP, announced the results, and stated, "We
are most pleased with HCP's performance throughout the second quarter. All our
employees have worked diligently to deliver these wonderful numbers." Hartman
went on to state that "We made great strides in improving on our goals of
maximizing shareholder income and keeping expenses in line with growth."

     Bob Engel, Chief Financial Officer of HCP, commented on several significant
accomplishments that were achieved during the quarter. Engel noted:

          We finalized a $25,000,000 credit facility with Union Planters Bank at
          an attractive interest rate for the purpose of acquiring additional
          properties. Our cost of funds for this line of credit is capped at the
          30-day Libor Rate plus 2.25% which is a favorable rate. The term of
          the loan is two years with interest only, payable monthly. The loan
          will be secured by existing unencumbered properties and new properties
          to be acquired, with a maximum loan to value ratio of 50%.

     Terry Henderson, Chief Financial Officer of Hartman Management, L.P. which
manages HCP, addressed two significant financial accomplishments, which
positively affected HCP. He stated "HCP won several significant property tax
reductions during the quarter, which should have the effect of reducing its
property tax expense and liability. These hard fought victories took a concerted
team effort."

     Hartman Commercial Properties REIT is a Houston, Texas based real estate
investment trust with 32 income producing properties including holdings in the
retail, office and industrial/warehouse segments of



the commercial property industry. The REIT was formed in 1998 through the
consolidation of numerous private limited partnerships sponsored by Hartman
Management Inc. The current value of properties owned by Hartman Commercial
Properties REIT is approximately $125,000,000. For more information on HCP,
please contact Hartman's headquarters at (713) 467-2222 or (800) 880-2212.

     Statements about HCP's outlook and all other statements in this release
other than historical facts are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements and all references to financial estimates rely on a number of
assumptions concerning future events and are subject to a number of
uncertainties and other factors, many of which are outside HCP's control, that
could cause actual results to differ materially from such statements. While HCP
believes that the assumptions concerning future events are reasonable, it
cautions that there are inherent difficulties in anticipating or predicting
certain important factors. Such factors are discussed in "Risks Related to our
Business" in HCP's Registration Statement on Form 10, filed with the Securities
and Exchange Commission. A discussion of these factors, including risks and
uncertainties, is set forth from time to time in HCP's filings with the
Securities and Exchange Commission. HCP disclaims any intention or obligation to
revise any forward-looking statements, including financial estimates, whether as
a result of new information, future events or otherwise.