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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Haagen Alexander Properties Incorporated
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(Name of Issuer)
Common Stock
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(Title of class of securities)
40443E100
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(CUSIP number)
Check the following box if a fee is being paid with this statement [x] (A fee
is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the notes).
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CUSIP No. 40443E100 13G Page 2 of 8 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Morgan Stanley Group Inc.
IRS # 13-283-8891
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,421,400
REPORTING -------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
0
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8 SHARED DISPOSITIVE POWER
1,432,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,432,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.91%
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12 TYPE OF REPORTING PERSON*
IA, CO, HC
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
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CUSIP No. 40443E100 13G Page 3 of 8 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Morgan Stanley Asset Management Inc.
IRS # 13-304-0307
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 881,200
REPORTING -------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
0
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8 SHARED DISPOSITIVE POWER
891,800
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
891,800
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.21%
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
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CUSIP No. 40443E100 13G Page 4 of 8 Pages
Item 1 (a) Name of Issuer
Haagen Alexander Properties Incorporated
Item 1 (b) Address of issuer's principal executive offices
3500 Sepulveda Blvd.
Box 10010
Manhattan Beach, CA 90266-8510
Item 2 (a) Name of person filing
(a) Morgan Stanley Group Inc.
(b) Morgan Stanley Asset Management Inc.
Item 2 (b) Principal business office
(a) 1585 Broadway
New York, New York 10036
(b) 1221 Avenue of the Americas
New York, New York 10020
Item 2 (c) Citizenship
Incorporated by reference to Item 4 of the cover
page pertaining to each reporting person.
Item 2 (d) Title of class of Securities
Common Stock
Item 2 (e) Cusip No.
40443E100
Item 3 (a) Morgan Stanley Group Inc. is (e) an Investment Adviser registered
under section 203 of the Investment Advisers Act of 1940.
(b) Morgan Stanley Asset Management Inc. is (e) an Investment Adviser
registered under Section 203 of the Investment Advisers Act of
1940.
Item 4 Ownership
Incorporated by reference to Items (5) - (9) and (11) of the
cover page.
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CUSIP No. 40443E100 13G Page 5 of 8 Pages
Item 5 Ownership of 5 Percent or Less of a Class
Inapplicable
Item 6 Ownership of More than 5 Percent on Behalf of Another Person
Accounts managed on a discretionary basis by Morgan Stanley Asset
Management Inc., a wholly owned subsidiary of Morgan Stanley Group
Inc., are known to have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from, the sale of such
securities. No such account holds more than 5 percent of the class.
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Inapplicable
Item 8 Identification and Classification of Members of the Group
Inapplicable
Item 9 Notice of Dissolution of Group
Inapplicable
Item 10 Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purpose or effect.
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CUSIP No. 40443E100 13G Page 6 of 8 Pages
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date : April 28, 1997
Signature : /s/ DONALD P. RYAN
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Name / Title : Donald P. Ryan / Vice President
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MORGAN STANLEY ASSET MANAGEMENT INC.
April 28, 1997
Signature : /s/ STUART J.M. BRESLOW
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Name / Title : Stuart J.M. Breslow / Principal Morgan Stanley & Co.
Incorporated
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MORGAN STANLEY GROUP INC.
INDEX TO EXHIBITS PAGE
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EXHIBIT 1 Agreement to Make a Joint Filing 7
EXHIBIT 2 Secretary's Certificate Authorizing Stuart J.M.
Breslow to Sign on behalf of Morgan Stanley Group
Inc. 8
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CUSIP No. 40443E100 13G Page 7 of 8 Pages
EXHIBIT 1 TO SCHEDULE 13G
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April 28, 1997
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MORGAN STANLEY GROUP INC. and MORGAN STANLEY ASSET MANAGEMENT INC.,
hereby agree that, unless differentiated, this Schedule 13G is filed
on behalf of each of the parties.
MORGAN STANLEY ASSET MANAGEMENT INC.
BY: /s/ DONALD P. RYAN
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Morgan Stanley Asset Management Inc.
Donald P. Ryan/ Vice President
MORGAN STANLEY GROUP INC.
BY: /s/ STUART J.M. BRESLOW
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Morgan Stanley Group Inc.
Stuart J.M. Breslow/ Principal Morgan Stanley & Co., Incorporated
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Page 8 of 8 Pages
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EXHIBIT 2
MORGAN STANLEY
SECRETARY'S CERTIFICATE
I, Charlene R. Herzer, a duly elected and acting Assistant
Secretary of Morgan Stanley Group Inc., a corporation organized and existing
under the laws of the State of Delaware (the "Corporation"), certify that the
following resolutions were duly and validly adopted by a Consent in Lieu of a
Meeting of the Executive Committee of the Board of Directors of the Corporation
dated as of October 19, 1995 and that such resolutions are in full force and
effect on the date hereof:
RESOLVED, that the resolutions adopted on September 8, 1993
and April 17, 1995 relating to signatories to certain reports to be
filed with the Securities and Exchange Commission (the "SEC") are
superseded in their entirety by these resolutions and Stuart J. M.
Breslow, Robert G. Koppenol and Edward J. Johnsen are severally
authorized and directed to sign on behalf of the Corporation any
reports to be filed under Section 13 and Section 16 of the Securities
Exchange Act of 1934, as amended, and the rules and regulations
thereunder, with the Securities and Exchange Commission, such
authorizations to cease automatically upon termination of employment
with any affiliate of the Corporation; and
RESOLVED FURTHER, that all actions heretofore taken by Stuart
J. M. Breslow, Robert G. Koppenol and Edward J. Johnsen that are within
the authority conferred by the foregoing resolution are approved,
ratified and confirmed in all respects.
RESOLVED, that any and all actions to be taken, caused to be
taken or heretofore taken by any officer of the Corporation in
executing any and all documents, agreements and instruments and in
taking any and all steps (including the payment of all expenses) deemed
by such officer as necessary or desirable to carry out the intents and
purposes of the foregoing resolutions are authorized, ratified and
confirmed.
IN WITNESS WHEREOF, I have hereunto set my name and affixed
the seal of the Corporation as of the 20th day of October, 1995:
/S/ Charlene R. Herzer
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CHARLENE R. HERZER
ASSISTANT SECRETARY
[SEAL]
