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): February 20, 2001




                         BANYAN STRATEGIC REALTY TRUST
            ------------------------------------------------------
            (Exact name of Registrant as specified in its charter)




  Massachusetts                 0-15465                        36-3375345
(State of or other         (Commission File                  (I.R.S. Employer
 jurisdiction of                Number)                      Identification
 incorporation)                                                  Number)




150 South Wacker Drive, Suite 2900, Chicago, IL                   60606
(Address of principal executive offices)                        (Zip Code)




Registrant's telephone number, including area code      (312)553-9800



This document consists of 3 pages.


Exhibit index is located on page 2.

















                                     - 1 -





ITEM 5.     OTHER INFORMATION

      On February 20, 2001, the Trust issued a Press Release a copy of
which is attached hereto as Exhibit (99.4) and is incorporated herein by
reference.



ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

      (a)   Financial Statements.  Not applicable.

      (b)   Pro Forma Financial Information.  Not applicable.

      (c)   Exhibits

            EXHIBIT NUMBER        DESCRIPTION

            Exhibit (99.4)        Press Release dated February 20, 2001



ITEM 9.  REGULATION FD DISCLOSURE

      Banyan Strategic Realty Trust will host a conference call to discuss
the Company's results for the quarter ended December 31, 2000.

      The conference call will take place on Tuesday, March 13, 2001, at
2:00 p.m. Eastern Time (ET).

      To participate in the conference call, please take the following
steps:

      1.    On Tuesday, March 13, 2001, dial 1-800-982-3472 or
            703-871-3022 at least five minutes before the call begins
            (2:00 p.m. ET);

      2.    Tell the operator that you are calling for Banyan Strategic
            Realty Trust's fourth quarter 2000 Earnings Conference Call;

      3.    State your full name and company affiliation and you will be
            connected to the call.

      Additionally, replays of the conference call will be available until
12:00 midnight ET, Tuesday, March 20, 2001.  To access the replay, please
dial 1-888-266-2086 or 703-925-2435 and request passcode number 4991024.


      NOTE: The information in this report is furnished pursuant to Item 9
and shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934, as amended or otherwise subject to the
liabilities of that section.  This is not an admission as to the
materiality of any information contained herein that is required to be
disclosed solely by regulation FD.
















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                                  SIGNATURES


      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.




Date: February 21, 2001                    BANYAN STRATEGIC REALTY TRUST
                                           (Registrant)




                                  By:      JOEL L. TEGLIA
                                           -------------------------
                                           Joel L. Teglia
                                           Executive Vice President,
                                           Chief Financial and
                                           Accounting Officer
















































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