Banyan Strategic Realty Trust, Oak Brook, Ill., has announced that its board plans to terminate the liquidating real estate investment trust on Jan. 3.The dissolution will be accomplished by transferring all the REIT's remaining assets and liabilities to the newly formed BSRT Liquidating Trust. Robert G. Higgins, the REIT's first vice president and general counsel, has been appointed the primary liquidating trustee, and L. G. Schafran, its interim president and chief executive officer, has been named the secondary liquidating trustee. Banyan adopted a plan of termination and liquidation on Jan. 5, 2001.
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