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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13E-3/A
RULE 13E-3 TRANSACTION STATEMENT
(PURSUANT TO SECTION 13(E) OF THE SECURITIES EXCHANGE ACT OF 1934)
(AMENDMENT NO. 5)
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IDS/SHURGARD INCOME GROWTH PARTNERS, L.P.
(NAME OF ISSUER)
SHURGARD STORAGE CENTERS, INC.
(NAME OF PERSON FILING STATEMENT)
UNITS OF LIMITED PARTNERSHIP INTEREST
(TITLE OF CLASS OF SECURITIES)
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448933-309
(CUSIP NUMBER OF CLASS OF SECURITIES)
KRISTIN H. STRED, ESQ.
SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
1201 THIRD AVENUE, SUITE 2200
SEATTLE, WASHINGTON 98101
(206) 624-8100
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSONS AUTHORIZED TO RECEIVE NOTICES
AND COMMUNICATIONS ON BEHALF OF PERSON(S) FILING STATEMENT)
COPIES TO:
JEFFREY T. PERO, ESQ.
WILLIAM J. CERNIUS, ESQ.
LATHAM & WATKINS
650 TOWN CENTER DRIVE
TWENTIETH FLOOR
COSTA MESA, CALIFORNIA 92626
(714) 540-1235
This statement is filed in connection with (check the appropriate box):
a. / / The filing of solicitation materials or an information statement
subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under
the Securities Exchange Act of 1934.
b. / / The filing of a registration statement under the Securities Act of
1933.
c. /X/ A tender offer.
d. / / None of the above.
Check the following box if soliciting material or information statement
referred to in checking box (a) are preliminary copies: / /
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This Amendment No. 5 to the Transaction Statement on Schedule 13E-3, as
previously amended (the "Schedule 13E-3"), relates to the acquisition of the
entire limited partnership interest in IDS/ Shurgard Income Growth Partners
L.P., a Washington limited partnership (the "Partnership"), by Shurgard Storage
Centers, Inc., a Delaware corporation (the "Company"). The first step of the
acquisition was the commencement of the Company's offer (the "Offer") to
purchase up to 65,000 units of limited partnership interest (the "Units") in the
Partnership at a price of $257 net per Unit in cash, without interest. The
second step of the acquisition will be, if all applicable conditions are
satisfied, the merger of the Partnership with and into the Company (the
"Merger") pursuant to the terms of the Acquisition Agreement dated July 1, 1996,
by and among the Company, the Partnership, IDS/Shurgard Income Growth Partners
L.P. II and IDS/Shurgard Income Growth Partners L.P. III.
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17. MATERIAL TO BE FILED AS EXHIBITS.
Item 17 is hereby amended to add the following as additional information:
99.23 Press release dated August 5, 1996 (relating to Offer commenced July 2,
1996) (incorporated by reference to Exhibit 99.16 to the Company's
Amendment No. 5 to the Tender Offer Statement on Schedule 14D-1/A filed
with the Securities and Exchange Commission on August 5, 1996).
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SIGNATURE
After due 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.
Dated: August 5, 1996
SHURGARD STORAGE CENTERS, INC.
By /s/ HARRELL L. BECK
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Name: Harrell L. Beck
Title: Senior Vice President,
Chief Financial Officer
and Treasurer
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