<PAGE> 1
Pricing Supplement Dated July 16, 1996 Rule 424(b)(3)
No. 1 File No. 33 - 98372
(To Prospectus Supplement dated June 20, 1996 File No. 333 - 04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $25,000,000
<TABLE>
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Trade Date: July 16, 1996 Original Issue Date: July 19, 1996 Interest Rate: 8%
Issue Price: 100% of Principal Amount Stated Maturity: July 19, 2005 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $150,000 (.6%) (If other than January 15 and July 15)
Net Proceeds to Company: $24,850,000
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agent: Merrill Lynch & Co.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.
<PAGE> 2
Pricing Supplement Dated July 16, 1996 Rule 424(b)(3)
No. 2 File No. 33 - 98372
(To Prospectus Supplement dated June 20, 1996 File No. 333 - 04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $25,000,000
<TABLE>
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Trade Date: July 16, 1996 Original Issue Date: July 19, 1996 Interest Rate: 8%
Issue Price: 100% of Principal Amount Stated Maturity: July 19, 2005 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $150,000 (.6%) (If other than January 15 and July 15)
Net Proceeds to Company: $24,850,000
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agent: Dean Witter Reynolds, Inc.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.
<PAGE> 3
Pricing Supplement Dated July 16, 1996 Rule 424(b)(3)
No. 3 File No. 33 - 98372
(To Prospectus Supplement dated June 20, 1996 File No. 333 - 04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $25,000,000
<TABLE>
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Trade Date: July 16, 1996 Original Issue Date: July 19, 1996 Interest Rate: 8%
Issue Price: 100% of Principal Amount Stated Maturity: July 19, 2005 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $150,000 (.6%) (If other than January 15 and July 15)
Net Proceeds to Company: $24,850,000
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agent: Goldman, Sachs & Co.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.
<PAGE> 4
Pricing Supplement Dated July 16, 1996 Rule 424(b)(3)
No. 4 File No. 33 - 98372
(To Prospectus Supplement dated June 20, 1996 File No. 333 - 04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $25,000,000
<TABLE>
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Trade Date: July 16, 1996 Original Issue Date: July 19, 1996 Interest Rate: 8%
Issue Price: 100% of Principal Amount Stated Maturity: July 19, 2005 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $150,000 (.6%) (If other than January 15 and July 15)
Net Proceeds to Company: $24,850,000
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agent: J.P. Morgan & Co.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.
<PAGE> 5
Pricing Supplement Dated July 17, 1996 Rule 424(b)(3)
No. 5 File No. 33-98372
(To Prospectus Supplement dated June 20, 1996 File No. 333-04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $24,500,000
<TABLE>
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------
Trade Date: July 17, 1996 Original Issue Date: July 22, 1996 Interest Rate: 7.58%
Issue Price: 100% of Principal Amount Stated Maturity: December 17, 2001 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $122,500 (.5%) (If other than January 15 and July 15)
Net Proceeds to Company: $24,377,500
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agents: Goldman, Sachs & Co.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.
<PAGE> 6
Pricing Supplement Dated July 17, 1996 Rule 424(b)(3)
No. 6 File No. 33-98372
(To Prospectus Supplement dated June 20, 1996 File No. 333-04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $18,500,000
<TABLE>
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------
Trade Date: July 17, 1996 Original Issue Date: July 22, 1996 Interest Rate: 7.58%
Issue Price: 100% of Principal Amount Stated Maturity: December 17, 2001 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $92,500 (.5%) (If other than January 15 and July 15)
Net Proceeds to Company: $18,407,500
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agents: Merrill Lynch & Co.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.
<PAGE> 7
Pricing Supplement Dated July 17, 1996 Rule 424(b)(3)
No. 7 File No. 33-98372
(To Prospectus Supplement dated June 20, 1996 File No. 333-04299
to Prospectus dated June 20, 1996)
SPIEKER PROPERTIES, L.P.
Medium-Term Notes Due From Nine Months
or More From Date of Issue
Fixed Rate Principal Amount
US $7,000,000
<TABLE>
<S> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------
Trade Date: July 17, 1996 Original Issue Date: July 22, 1996 Interest Rate: 7.58%
Issue Price: 100% of Principal Amount Stated Maturity: December 17, 2001 Regular Record Dates: _______
(If other than December 31 and June 30)
Selling Agent's Discount Interest Payment Dates: _______
or Commission: $35,000 (.5%) (If other than January 15 and July 15)
Net Proceeds to Company: $6,965,000
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
Form:
/X/ Book-Entry
/ / Definitive
Redemption:
/X/ The Note may not be redeemed prior to Stated Maturity
/ / The Note may be redeemed prior to Stated Maturity
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Make-Whole Amount Applicable (Y/N): N/A
Repayment:
/X/ The Note may not be repaid prior to Stated Maturity
/ / The Note may be repaid prior to Stated Maturity at
the option of the holder of the Note
Optional Repayment Date(s): N/A
Optional Repayment Price: N/A
Original Discount Note: / / Yes /X/ No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Agents: J.P. Morgan & Co.
Other/Additional Provisions: NONE
Terms are not completed for certain items above either because such
items are not applicable or because the terms are as specified in the
Prospectus.