MORGAN STANLEY CAPITAL I INC COM MOR PA TH CER SER 1999 CAMI
8-K, 1999-07-08
ASSET-BACKED SECURITIES
Previous: TRITEL INC, S-4, 1999-07-08
Next: SALOMON BROTHERS MORT SEC VII FL RTE PA THR CER SER 1999-LBI, 8-K, 1999-07-08




                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE

                       SECURITIES AND EXCHANGE ACT OF 1934

Date of Report: July 8, 1999
(Date of earliest event reported)

                                 Morgan Stanley Capital I Inc.

            (Exact name of registrant as specified in its charter)

         Delaware                  333-62911-04               13-3291626

- --------------------------------------------------------------------------------

      (State or Other              (Commission             (I.R.S. Employer
      Jurisdiction of              File Number)           Identification No.)

      Incorporation)

                       1585 Broadway, New York, N.Y. 10036

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------

              (Address of principal executive offices) (Zip Code)

      Registrant's telephone number, including area code: (212) 761-4000


<PAGE>




ITEM 5.  OTHER EVENTS.

            Attached  are certain  collateral  and  structural  term sheets (the
"Collateral and Structural  Term Sheets")  furnished to the Registrant by Morgan
Stanley & Co. Incorporated,  Donaldson, Lufkin & Jenrette Securities Corporation
and Prudential Securities Incorporated (the "Underwriters"), the Underwriters in
respect  of  the   Registrant's   proposed   offering  of  Commercial   Mortgage
Pass-Through   Certificates,   Series   1999-CAM1  (the   "Certificates").   The
Certificates  will be offered  pursuant to a Prospectus  and related  Prospectus
Supplement (together, the "Prospectus"), which will be filed with the Commission
pursuant to Rule 424 under the  Securities  Act of 1933, as amended (the "Act").
The Certificates  will be registered  pursuant to the Act under the Registrant's
Registration  Statement  on  Form  S-3  (No.  333-62911-04)  (the  "Registration
Statement").  The Registrant  hereby  incorporates the Collateral and Structural
Term Sheets by reference in the Registration Statement.

            The Collateral and  Structural  Term Sheets were prepared  solely by
the  Underwriters,  and the  Registrant  did not prepare or  participate  in the
preparation of the Collateral and Structural Term Sheets.

            Any  statement  or  information  contained  in  the  Collateral  and
Structural  Term Sheets  shall be modified  and  superseded  for purposes of the
Prospectus and the Registration Statement by statements or information contained
in the Prospectus.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

(c)  Exhibits

Exhibit  99  Collateral and Structural Term Sheets.


<PAGE>



            Pursuant to the requirements of the Securities Exchange Act of 1934,
the  Registrant  has duly  caused  this  report  to be  signed  on behalf of the
Registrant by the undersigned thereunto duly authorized.

                                   MORGAN STANLEY CAPITAL I INC.

                                   By:  /s/ Russell Rahbany
                                        ___________________

                                      Name:  Russell Rahbany
                                      Title: Vice President

Date:  July 8, 1999


<PAGE>



                                  Exhibit Index

Item  601(a)  of
Regulation  S-K

Exhibit No.      Description                             Page

99               Collateral and Structural Term Sheets


<PAGE>




                                                                      EXHIBIT 99

COLLATERAL AND STRUCTURAL TERM SHEETS




- -------  -------------------------------------------------  --------------------
Tab#                  Property Name                          Current Balance
- -------  -------------------------------------------------  --------------------
   4      Picture Tel Office Building                        $17,756,106.69
   7      Walsh Research Center                              $14,347,807.54
   14     Ingram Micro Inc. Facility                         $10,640,383.82
   17     Federal Express                                     $9,316,455.71
   20     Fort Collier Industrial Park                        $8,764,094.93
   21     Battelle Environmental Technology Bldg.             $8,614,707.76
   26     Sonora Quest Laboratories                           $8,120,685.58
   28     Battelle Energy & Environmental Sciences Bldg.      $7,840,352.04
   29     Encino Spectrum                                     $7,798,047.40
   33     Federal Express                                     $7,509,919.62
   39     First Data Office Building                          $7,044,945.76
   56     Orthologics Building                                $5,662,020.87
   57     General Instruments Building                        $5,590,555.59
   58     Home Depot                                          $5,590,229.76
   59     1875 Charleston Road                                $5,366,560.09
   62     MA Bioservices                                      $5,147,585.71
   63     65 K Street                                         $5,038,665.40
   64     655 5th Avenue                                      $5,000,000.00
   66     Best Buy                                            $4,933,615.98
   68     6006 Executive Boulevard                            $4,769,832.21
   73     Best Buy                                            $4,334,332.75
   75     Lithonia Lighting West Building                     $4,222,762.87
   79     Prince Frederick Office Park                        $4,195,791.82
   80     Bay Tree Village                                    $3,400,146.62
   81     Bugaboo Steak House                                   $755,587.67
   84     Merit Abrasiveproducts Inc.                         $3,956,036.48
   86     DSHS Office Building                                $3,711,571.64
   88     Best Buy                                            $3,681,462.67
   90     Best Buy                                            $3,649,630.15
   91     Circuit City - Colorado Springs                     $3,431,393.26
  100     Mizner Place                                        $3,057,426.57
  101     Kroger                                              $3,044,969.57
  102     Food 4 Less                                         $3,041,913.37
  104     Linens N' Things                                    $3,002,944.23
  107     Walgreens                                           $2,996,369.30
  108     Cahners Publishing Company                          $2,935,450.64
  112     2199 Innerbelt Business Center Drive                $2,754,073.71
  113     Kohl's                                              $2,730,797.52
  114     Office Max                                          $2,717,802.29
  115     Meadows Pavillion II                                $2,683,896.75
  117     1371 & 1375 N. Miller Street                        $2,653,366.42
  121     Federal Express                                     $2,391,234.48
  122     Behr Processing Building                            $2,354,578.87
  124     Walgreens                                           $2,319,467.13
  125     Eckerd Drug Store                                   $2,280,279.25
  126     Shop N' Kart Discount Grocery                       $2,262,921.85
  127     Office Max                                          $2,243,737.03
  128     Eckerd Drug Store                                   $2,230,258.31
  129     Office Max                                          $2,216,657.53
  130     DEA Building                                        $2,203,905.86
  134     Walgreens                                           $1,853,071.44
  136     Probity International Corp                          $1,831,682.07
  137     NOAA-National Weather Service Building              $1,797,158.64
  139     2400 E. Francis                                     $1,727,502.42
  140     Walgreens                                           $1,710,090.01
  141     Walgreens                                           $1,674,969.53
  143     Ames Department Store                               $1,517,427.09
  144     Eckerd Drug Store                                   $1,473,701.38
  146     Harstad/Coates Industrial Park                      $1,328,167.55
  148     Walgreens                                           $1,156,706.46
  149     Walgreens                                           $1,128,735.70
  151     Walgreens                                             $967,171.19
  153     Blockbuster Video                                     $901,914.26
- --------------------------------------------------------------------------------



<PAGE>


Table (continued)
<TABLE>
<CAPTION>

- ------  ----------------------------------------------------------  ----------------------------------------------------------------
Tab#                              Largest Tenant                          Lease Expiration
- ------  ----------------------------------------------------------  ----------------------------------------------------------------
 <S>    <C>                                                          <C>                    <C>
 4      PictureTel Corporation                                                    10/31/16
 7      Electronic Manufacturing Systems                             5/31/2004 & 6/30/2003  One tenant with two leases.
 14     Ingram Micro, Inc.                                                         9/30/13
 17     Federal Express                                                           11/14/13
 20     Southeastern Container, Inc.                                               3/31/13
 21     Battelle Memorial Institute                                                9/30/04
 26     Sonora Quest Laboratories                                                  7/31/08
 28     Battelle Memorial Institute                                                9/30/03
 29     The Motion Picture Association of America, Inc.                            5/31/08
 33     Federal Express                                                            1/15/12
 39     First Data Resources, Inc.                                                 7/31/08
 56     Orthologic Corp.                                                           1/31/08
 57     General Instruments Corp.                                                  8/31/05
 58     Home Depot                                                                 1/31/16
 59     OmniOffices, Inc.                                                         11/14/13
 62     MA Bioservices                                                             9/30/13
 63     D.C. - D.P.W. (District of Columbia)                                      12/31/04
 64     Japan Airlines                                                             4/29/03
 66     Best Buy                                                                  10/30/15
 68     GSA                                                          8/21/2004 & 2/15/2005  One tenant with two leases.
 73     Best Buy                                                                   11/2/15
 75     National Service Industries                                                 4/7/04
 79     US Army Corps of Engineers                                                  4/4/09
 80     Publix Super Market                                                       12/31/12
 81     Bugaboo Creek Steak House (Rare Hospitality)                               5/31/09
 84     Merit Abrasive Products                                                    2/14/20
 86     Dept. of Social & Health Services (State of Washington)                   11/30/07
 88     Best Buy                                                                  11/16/15
 90     Best Buy                                                                   9/22/15
 91     Circuit City                                                              12/14/15
100     Dean Witter Reynolds                                                        4/1/05
101     Kroger                                                                     5/31/15
102     Fleming Foods West, Inc.                                                    9/1/12
104     Linens 'N' Things                                                          1/31/11
107     Walgreens                                                                  3/31/19
108     Reed Publishing (USA) Inc.                                                 5/31/09
112     Clayco Construction Company                                               10/31/15
113     Kohls Department Stores, Inc.                                              1/25/15
114     Office Max                                                                 1/31/15
115     Orion CEM, Inc.                                                            3/31/06
117     Datatech Depot, Inc.                                                       2/28/01
121     Federal Express                                                           10/31/03
122     Behr Process Corporation                                                  12/31/00
124     Walgreens                                                                  6/30/10   Three properties, all leased to
                                                                                             Walgreens.  Date given is the date of
                                                                                             the earliest expiration.
125     Eckerd Drugs                                                               1/20/18
126     Shop 'N' Kart Discount Grocery                                             2/13/11
127     Office Max                                                                 9/20/15
128     Eckerd Drugs                                                               8/27/17
129     Office Max                                                                 2/28/17
130     US Drug Enforcement Agency                                                11/13/06
134     Walgreens                                                                 12/31/13
136     Blockbuster Music                                                          8/31/04
137     National Oceanic & Atmospheric Administration U.S.
           Department of Commerce                                                  6/30/14
139     Kim Lighting, Inc.                                                         11/1/03
140     Walgreens                                                                 10/31/17
141     Walgreens                                                                  5/31/16
143     Ames Department Store                                                      1/31/15
144     Eckerd Drugs                                                               4/29/17
146     Primesource                                                               12/31/06
148     Walgreens                                                                 12/31/13
149     Walgreens                                                                 11/30/13
151     Walgreens                                                                  9/30/12
153     Blockbuster Video                                                          6/30/04   Two properties, both leased to
                                                                                             Blockbuster.  Date given is the date of
                                                                                             the earliest expiration.
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission