SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
CHELSEA GCA REALTY, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
163262108
(CUSIP Number)
*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 on 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).
Page 1 of Pages
<PAGE>
SCHEDULE 13G
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CUSIP No. 163262108 Page 2 OF PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warburg, Pincus Capital Company, L.P.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
- ------------------------------------------------------------------------------
(b) X
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
- ------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
- ------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
- -----------------------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
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* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
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CUSIP No. 163262108 Page 3 OF PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
E.M. Warburg, Pincus & Company, LLC
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
- -----------------------------------------------------------------------------
(b) X
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
- -----------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
- -----------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
- -----------------------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- -----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------------------------------------------------------
CUSIP No. 163262108 Page 4 OF PAGES
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warburg, Pincus & Co.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
- ------------------------------------------------------------------------------
(b) X
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
- ------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
- ------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
- ------------------------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -----------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILING OUT!
<PAGE>
ITEM 1(A). NAME OF ISSUER:
Chelsea GCA Realty, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
103 Eisenhower Parkway
Roseland, NJ 07068
Items 2(a),
(B) AND (C). NAME OF PERSON FILING; ADDRESS OF PRINCIPAL BUSINESS
OFFICE; CITIZENSHIP:
This statement is being filed by (a) Warburg, Pincus Capital Company, L.P.,
a Delaware limited partnership ("WPC"); (b) E.M. Warburg, Pincus & Company, LLC,
a New York limited liability company ("EMW"), whose members are substantially
the same as the partners of Warburg, Pincus & Co.; and (c) Warburg, Pincus &
Co., a New York general partnership ("WP"). WP, as the sole general partner of
WPC, has a 20% interest in the profits of WPC. EMW has entered into a management
agreement with WPC for the management of all investments made by it. Lionel I.
Pincus is the managing partner of WP and the managing member of EMW and may be
deemed to control them. The business address of each of the foregoing is 466
Lexington Avenue, New York, New York 10017.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP NUMBER:
163262108
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP:
(a) 0
(b) 0
(c) (i) 0
(ii) 0
(iii) 0
(iv) 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. [X]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
Not Applicable
<PAGE>
SIGNATURE
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.
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co.,
General Partner
By:_____________________________________
Stephen Distler, Partner
E. M. WARBURG, PINCUS & COMPANY, LLC
By:_____________________________________
Stephen Distler, Member
WARBURG, PINCUS & CO.
By:______________________________________
Stephen Distler, Partner
Dated: February 5, 1997
