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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 )
Meridian Industrial Trust Inc
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(Name of Issuer)
Common Stock
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(Title of class of securities)
589643105
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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. 589643105 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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5 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 647,936**
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
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8 SHARED DISPOSITIVE POWER
651,736**
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
651,736**
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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)
4.79%
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
** AS OF 5/31/97
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CUSIP No. 589643105 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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5 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 418,636**
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
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8 SHARED DISPOSITIVE POWER
422,436**
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
422,436**
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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)
3.11%
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
** AS OF 5/31/97
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CUSIP No. 589643105 13G Page 4 of 8 Pages
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<TABLE>
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Item 1 (a) Name of Issuer
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Meridian Industrial Trust Inc
Item 1 (b) Address of issuer's principal executive offices
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455 Market Street 17th Floor
San Francisco, CA 94105
Item 2 (a) Name of person filing
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(a) Morgan Stanley, Dean Witter, Discover & Co.
(b) Morgan Stanley Asset Management Inc.
Item 2 (b) Principal business office
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(a) 1585 Broadway
New York, New York 10036
(b) 1221 Avenue of the Americas
New York, New York 10020
Item 2 (c) Citizenship
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Incorporated by reference to Item 4 of the cover
page pertaining to each reporting person.
Item 2 (d) Title of class of Securities
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Common Stock
Item 2 (e) Cusip No.
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589643105
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
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Incorporated by reference to Items (5) - (9) and
(11) of the cover page.
</TABLE>
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CUSIP No. 589643105 13G Page 5 of 8 Pages
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<TABLE>
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Item 5 Ownership of 5 Percent or Less of a Class
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(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 five percent of the class
of securities.
Item 6 Ownership of More than 5 Percent on Behalf of Another Person
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Accounts managed on a discretionary basis by Morgan Stanley Asset
Management Inc., a wholly owned subsidiary of Morgan Stanley, Dean
Witter, Discover & Co., 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
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Security Being Reported on By the Parent Holding Company
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Inapplicable
Item 8 Identification and Classification of Members of the Group
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Inapplicable
Item 9 Notice of Dissolution of Group
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Inapplicable
Item 10 Certification
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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. 589643105 13G Page 6 of 8 Pages
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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 : June 19, 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.
Date : June 19, 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.
</TABLE>
<TABLE>
<CAPTION>
INDEX TO EXHIBITS PAGE
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EXHIBIT 1 Agreement to Make a Joint Filing 7
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EXHIBIT 2 Secretary's Certificate Authorizing Bruce Bromberg 8
- ----------- to Sign on behalf of Morgan Stanley, Dean Witter,
Discover & Co.
</TABLE>
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CUSIP No. 589643105 13G Page 7 of 8 Pages
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EXHIBIT 1 TO SCHEDULE 13G
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June 19, 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 of the parties.
BY: /s/ Donald P. Ryan
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Morgan Stanley Asset Management Inc.
Donald P. Ryan/Vice President
/s/ Bruce Bromberg
BY: --------------------------------------------------------------------
Morgan Stanley & Co. Incorporated
Bruce Bromberg
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Page 8 of 8 Pages
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[LETTERHEAD OF MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.]
SECRETARY'S CERTIFICATE
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I, Charlene R. Herzer, a duly elected and acting Assistant Secretaty 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 Sections13 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]
