HTG Heritage Property Investment

Heritage Property Investment Trust, Inc. Announces Fourth Quarter 2004 Common Stock Dividend BOSTON, Dec. 6 /PRNewswire-FirstCall/ -- Heritage Property Investment Trust, Inc. (NYSE:HTG) ("Heritage" or the "Company") today reported that the Board of Directors of the Company has declared the regular quarterly dividend on its common stock for the quarter ending December 31, 2004 of $.525 per share. This dividend is payable on January 15, 2005 to shareholders of record on December 31, 2004. About Heritage Property Investment Trust, Inc. Heritage is a fully integrated, self-administered and self-managed REIT traded on the New York Stock Exchange under the symbol "HTG". Heritage is one of the largest owners and operators of neighborhood and community shopping centers in the United States. Heritage focuses on grocer-anchored shopping centers with multiple anchors. As of September 30, 2004, Heritage had a shopping center portfolio of 164 centers, located in 29 states and totaling approximately 33.2 million square feet of total gross leasable area, of which 27.9 million square feet is company-owned gross leasable area. Heritage's shopping center portfolio was approximately 92.1% leased as of September 30, 2004. Heritage is headquartered in Boston, Massachusetts and has an additional 16 regional offices located in the Eastern, Midwestern and Southwestern United States. DATASOURCE: Heritage Property Investment Trust, Inc. CONTACT: Patrick O'Sullivan, Vice President, Finance and Accounting for Heritage Property Investment Trust, Inc., +1-617-247-2200, or ; or Claire Koeneman (Analyst Info), +1-312-640-6745, or Joe Calabrese (General Info), +1-212-827-3772, both of Financial Relations Board for Heritage Property Investment Trust, Inc.

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