BRADLEY &lt;BRLY> ANNOUNCES LONG-TERM LEASE

  Bradley Real Estate Trust said it signed
  a 99-year lease for property in downtown Minneapolis to BCED
  Minnesota Inc.
      The lease will increase net income by about 24 cts a share
  on a post-February 1987 three-for-two stock split basis. For
  1986, the Trust reported net income of 1.3 mln dlrs or 38 cts a
  share on a post-split basis.
      Bradley will also be entitled to a one-time additional
  rental payment of 30 cts a share upon BCED entering into a
  space lease with a prime national tenant and a share in a
  portion of net cash flow from operations on the property.
  

