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BURNHAM PACIFIC PROPERTIES TO PAY 103RD CONSECUTIVE QUARTERLY DIVIDEND

 BURNHAM PACIFIC PROPERTIES TO PAY
 103RD CONSECUTIVE QUARTERLY DIVIDEND
 SAN DIEGO, Nov. 27 /PRNewswire/ -- Burnham Pacific Properties Inc. (NYSE: BPP), a San Diego-based equity real estate investment trust (REIT), has declared a fourth quarter cash dividend of 34-cents a share, payable on Dec. 31 to shareholders of record on Dec. 16, 1991.
 The dividend is the same amount paid a year ago and represents the 103rd consecutive quarterly cash distribution by the company without interruption or reduction.
 Burnham Pacific recently reported record third quarter earnings and also announced it plans to become a self-administered REIT early next year.
 Founded in 1963, Burnham Pacific Properties converted to REIT status in 1987 and currently owns and manages 19 commercial real estate properties in San Diego, Orange and Los Angeles counties.
 -0- 11/27/91
 /CONTACT: Louis J. Garday or Bill Gabriel of Burnham Pacific, 619-236-1555/
 (BPP) CO: Burnham Pacific Properties ST: California IN: SU:


EH-AL -- SD001 -- 7605 11/27/91 07:35 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 27, 1991
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