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):  June 26, 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)



2625 Butterfield Road, Suite 101 N
Oak Brook, Illinois                                  60523
(Address of principal executive offices)           (Zip Code)



Registrant's telephone number, including area code (630) 218-7250


         150 South Wacker Drive, Suite 2900, Chicago, IL 60606
                            (312) 553-9800
         -----------------------------------------------------
          Former name, former address and former fiscal year,
                     if changed since last report





This document consists of 3 pages.

Exhibit index is located on page 2.







                                 - 1 -





ITEM 5.  OTHER INFORMATION

     On June 26, 2001, the Trust issued a Press Release a copy of which is
attached hereto as Exhibit (99.17) 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 (99.17)        Press Release dated June 26, 2001



















































                                 - 2 -





                              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:  June 29, 2001              BANYAN STRATEGIC REALTY TRUST
                                  (Registrant)




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
















































                                 - 3 -

EX-99

EXHIBIT 99.17
- -------------


AT THE TRUST
Robert G. Higgins                 Investor Relations
Vice President, General Counsel   L.G. Schafran - Chairman and
                                  Interim CEO/President
630-218-7255                      312-683-3671
bhiggins@banyanreit.com           ir@banyanreit.com


FOR IMMEDIATE RELEASE
TUESDAY, JUNE 26, 2001


                     BANYAN STRATEGIC REALTY TRUST
               RELOCATES OFFICES TO OAK BROOK, ILLINOIS


OAK BROOK, ILLINOIS -- JUNE 26, 2001. BANYAN STRATEGIC REALTY TRUST
(Nasdaq: BSRTS) announced today that it has relocated its corporate offices
to Oak Brook, Illinois. The new office address and phone numbers are:

                 2625 Butterfield Road, Suite 101 N
                 Oak Brook, Illinois 60523
                 630-218-7250
                 630-218-7251 (fax)
                 312-683-3671 (Investor Relations)

Interim President and CEO L. G. Schafran commented: "In keeping with our
strategy of liquidating the Company's portfolio and winding up its affairs,
we have relocated to smaller, less expensive space in suburban Chicago. We
believe we can better serve the interests of our shareholders from our new
location, while maintaining the level of responsiveness and commitment that
our industry has come to expect from us."

Banyan Strategic Realty Trust is an equity Real Estate Investment Trust
(REIT) which, on January 5, 2001, adopted a Plan of Termination and
Liquidation. On May 17, 2001, Banyan sold approximately 85% of its
portfolio in a single transaction and now owns three (3) real estate
properties located in Atlanta, Georgia; Huntsville, Alabama; and
Louisville, Kentucky. As of this date Banyan has 15,488,137 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 that are detailed from time to
time in Banyan's reports filed with the Securities and Exchange Commission,
including the report on Form 10-K for the year ended December 31, 2000,
filed with the Securities and Exchange Commission on March 9, 2001 and the
"Management's Discussion and Analysis of Financial Condition and Results of
Operations" section included in Banyan's Form 10-Q for the quarter ended
March 31, 2001, which was filed with the Securities and Exchange Commission
on 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.

                                 -30-