8-K

                     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):   April 27, 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 April 27, 2001, the Trust issued a Press Release a copy of which
is attached hereto as Exhibit (99.10) 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 (99.10)      Press Release dated April 27, 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 March 31, 2001.

      The conference call will take place on Tuesday, May 15, 2001, at
11:00 a.m. Eastern Time (ET).

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

      1.    On Tuesday, May 15, 2001, dial 1-800-982-3472 or 703-871-3022
            at least five minutes before the call begins (11:00 a.m. ET);

      2.    Tell the operator that you are calling for Banyan Strategic
            Realty Trust's first quarter 2001 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, May 22, 2001.  To access the replay, please
dial 1-888-266-2086 or 703-925-2435 and request passcode number 5170563.


      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: April 27, 2001             BANYAN STRATEGIC REALTY TRUST
                                 (Registrant)




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
















































                                    - 3 -

EX-99

EXHIBIT 99.10
- -------------



AT THE TRUST
Robert G. Higgins                      Investor Relations
First Vice President, General Counsel  L.G. Schafran - Chairman and
                                       Interim CEO/President
312-683-5539                           312-683-5525
bhiggins@banyanreit.com




FOR IMMEDIATE RELEASE
FRIDAY, APRIL 27, 2001



                BANYAN STRATEGIC REALTY TRUST SCHEDULES
                  FIRST QUARTER 2001 CONFERENCE CALL


CHICAGO - APRIL 27, 2001 --  BANYAN STRATEGIC REALTY TRUST (Nasdaq:  BSRTS)
announced today that it will hold a conference call on Tuesday, May 15,
2001, at 11:00 a.m. (ET) to discuss its first quarter 2001 financial and
operating results.  The call can be accessed by dialing: 703-871-3022.  A
replay of the call will be available for one week by dialing: 703-925-2435,
using the passcode: 5170563.

Banyan Strategic Realty Trust is an equity Real Estate Investment Trust
(REIT) that owns primarily office and flex/industrial properties.  The
properties are located in certain major metropolitan areas of the Midwest
and Southeastern United States, including Atlanta, Georgia and Chicago,
Illinois, and smaller markets such as Huntsville, Alabama; Louisville,
Kentucky; Memphis, Tennessee; and Orlando, Florida.  The Trust's current
portfolio consists of properties totaling 3.5 million rentable square feet.

As of this date the Trust has 15,487,808 shares of beneficial interest
outstanding.


Except for the historical information contained herein, certain matters
discussed in this release are forward-looking statements, the achievement
of which involve risks and uncertainties such as the closing of the
Denholtz transaction and other risks and uncertainties that are detailed
from time to time in our reports filed with the Securities and Exchange
Commission, including the report on Form 10-K for the year ended December
31, 2000, and in the "Management's Discussion and Analysis of Financial
Condition and Results of Operations" section which will be included in our
Form 10-Q for the quarter ended March 31, 2001 which will be  filed with
the Securities and Exchange Commission by May 15, 2001.  Without limitation
the foregoing, words such as "anticipates", "expects", "intends", "plans",
and similar expressions are intended to identify forward-looking
statements.




          See Banyan's Website at http://www.banyanreit.com.



   For further information regarding Banyan free of charge via fax,
                 dial 1-800-PRO-INFO and enter BSRTS.




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