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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
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, Dean Witter, Discover & Co.
IRS # 39-314-5972
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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 423,100
REPORTING -------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
0
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8 SHARED DISPOSITIVE POWER
426,100
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
426,100
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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)
3.54%
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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 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 268,600
REPORTING -------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
0
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8 SHARED DISPOSITIVE POWER
271,300
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
271,300
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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)
2.26%
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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, Dean Witter, Discover & Co.
(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 Dean Witter, Discover & Co. 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
(a) As of the date hereof, Morgan Stanley, Dean Witter, Discover & Co.
has ceased to be the beneficial owner of more than five percent of the
class of securities.
(b) As of the date hereof, Morgan Stanley Asset Management Inc. has
ceased to be the beneficial owner of more than five percent of the
class of securities.
Item 6 Ownership of More than 5 Percent on Behalf of Another Person
Inapplicable
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 : July 11, 1997
Signature : /s/ DONALD P. RYAN
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Name / Title : Donald P. Ryan / Vice President Morgan Stanley
Asset Management Inc.
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MORGAN STANLEY ASSET MANAGEMENT INC.
July 11, 1997
Signature : /s/ BRUCE BROMBERG
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Name / Title : Bruce Bromberg / Morgan Stanley & Co. Incorporated
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MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
INDEX TO EXHIBITS PAGE
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EXHIBIT 1 Agreement to Make a Joint Filing 7
EXHIBIT 2 Secretary's Certificate Authorizing Bruce Bromberg 8
to Sign on behalf of Morgan Stanley, Dean Witter,
Discover & Co.
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CUSIP No. 40443E100 13G Page 7 of 8 Pages
EXHIBIT 1 TO SCHEDULE 13G
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July 11, 1997
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MORGAN STANLEY, DEAN WITTER, DISCOVER & CO. 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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Donald P. Ryan/ Vice President Morgan Stanley Asset Management Inc.
MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
BY: /s/ BRUCE BROMBERG
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Bruce Bromberg / Morgan Stanley & Co., Incorporated
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Page 8 of 8 Pages
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MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
EXHIBIT 2
SECRETARY'S CERTIFICATE
I, Charlene R. Herzer, a duly elected and acting Assistant
Secretary of Morgan Stanley, Dean Witter, Discover & Co. a corporation
organized and existing under the laws of the State of Delaware
(the "Corporation"), certify that, as approved by a Unanimous Consent of
Directors in Lieu of a Meeting dated as of May 31, 1997, the following persons
are each authorized to sign reports to be filed under Sections 13 and 16 of
the Securities Exchange Act of 1934 on behalf of the Corporation, and such
authorizations are in full force and effect as of this date:
Stuart J. M. Breslow
Robert G. Koppenol
Bruce Bromberg
Robin Sherak
IN WITNESS WHEREOF, I have hereunto set my name and affixed
the seal of the Corporation as of the 3rd day of June, 1997:
/S/ Charlene R. Herzer
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CHARLENE R. HERZER
ASSISTANT SECRETARY
[SEAL]
