SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 10, 1996
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TRINET CORPORATE REALTY TRUST, INC.
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(Exact name of registrant as specified in its Charter)
Maryland 1-11918 94-3175659
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Four Embarcadero Center, Suite 3150
San Francisco, CA 94111
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 391-4300
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
Exhibit
Number Exhibit
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1 Form T-1 Statement of Eligibility under the Trust Indenture Act
of 1939, which is being filed pursuant to Regulation S-K,
Item 601(b)(25) in lieu of filing the otherwise required exhibit
to the Registration Statement on Form S-3, File No. 33-80709,
under the Securities Act of 1933, as amended, and which, since
this Form 8-K filing is incorporated by reference in such
registration statement, is set forth in full in such
registration statement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.
TRINET CORPORATE REALTY TRUST, INC.
Date: May 10, 1996 By: /s/ A. William Stein
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A. William Stein
Executive Vice President and Chief
Financial Officer
(Authorized Officer of the Registrant
and Principal Financial Officer)
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This Form T-1 relates
to Registration Statement
No. 33-80709
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
Statement of Eligibility
Under the Trust Indenture Act of 1939
of a Corporation Designated to Act as Trustee
Check if an Application to Determine Eligibility
of a Trustee Pursuant to Section 305(b)(2) /X/
HARRIS TRUST AND SAVINGS BANK
(Name of Trustee)
Illinois 36-1194448
(State of Incorporation) (I.R.S. Employer Identification No.)
111 West Monroe Street, Chicago, Illinois 60603
(Address of principal executive offices)
Judith Bartolini, Harris Trust and Savings Bank,
311 West Monroe Street, Chicago, Illinois, 60606
312-461-2527 phone 312-461-3525 facsimile
(Name, address and telephone number for agent for service)
TriNet Corporate Realty Trust, Inc.
(Name of obligor)
Maryland 94-3175659
(State of Incorporation) (I.R.S. Employer Identification No.)
Four Embarcadero Center
Suite 3150
San Francisco California 94111
(Address of principal executive offices)
Senior Debt Securities
(Title of indenture securities)
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1. GENERAL INFORMATION. Furnish the following information as to the Trustee:
(a) Name and address of each examining or supervising authority to which it
is subject.
Commissioner of Banks and Trust Companies, State of Illinois,
Springfield, Illinois; Chicago Clearing House Association, 164
West Jackson Boulevard, Chicago, Illinois; Federal Deposit
Insurance Corporation, Washington, D.C.; The Board of
Governors of the Federal Reserve System,Washington, D.C.
(b) Whether it is authorized to exercise corporate trust powers.
Harris Trust and Savings Bank is authorized to exercise
corporate trust powers.
2. AFFILIATIONS WITH OBLIGOR. If the Obligor is an affiliate of the Trustee,
describe each such affiliation.
The Obligor is not an affiliate of the Trustee.
3. thru 15.
NO RESPONSE NECESSARY
16. LIST OF EXHIBITS.
1. A copy of the articles of association of the Trustee is now in
effect which includes the authority of the trustee to commence
business and to exercise corporate trust powers.
A copy of the Certificate of Merger dated April 1, 1972 between Harris
Trust and Savings Bank, HTS Bank and Harris Bankcorp, Inc. which
constitutes the articles of association of the Trustee as now in
effect and includes the authority of the Trustee to commence business
and to exercise corporate trust powers was filed in connection with
the Registration Statement of Louisville Gas and Electric Company,
File No. 2-44295, and is incorporated herein by reference.
2. A copy of the existing by-laws of the Trustee.
A copy of the existing by-laws of the Trustee was filed in connection
with the Registration Statement of C-Cube Microsystems Inc., File No.
33-97166, and is incorporated herein by reference.
3. The consents of the Trustee required by Section 321(b) of the Act.
(included as Exhibit A on page 2 of this statement)
4. A copy of the latest report of condition of the Trustee published
pursuant to law or the requirements of its supervising or examining
authority.
(included as Exhibit B on page 3 of this statement)
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee,
HARRIS TRUST AND SAVINGS BANK, a corporation organized and existing under the
laws of the State of Illinois, has duly caused this statement of eligibility to
be signed on its behalf by the undersigned, thereunto duly authorized, all in
the City of Chicago, and State of Illinois, on the 6th day of May, 1996.
HARRIS TRUST AND SAVINGS BANK
By: /s/ J. Bartolini
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J. Bartolini
Vice President
EXHIBIT A
The consents of the trustee required by Section 321(b) of the Act.
Harris Trust and Savings Bank, as the Trustee herein named, hereby consents that
reports of examinations of said trustee by Federal and State authorities may be
furnished by such authorities to the Securities and Exchange Commission upon
request therefor.
HARRIS TRUST AND SAVINGS BANK
By: /s/ J. Bartonlini
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J. Bartolini
Vice President
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EXHIBIT B
Attached is a true and correct copy of the statement of condition of Harris
Trust and Savings Bank as of December 31, 1995, as published in accordance with
a call made by the State Banking Authority and by the Federal Reserve Bank of
the Seventh Reserve District.
[GRAPHIC OMITTED] HARRIS BANK
Harris Trust and Savings Bank
111 West Monroe Street
Chicago, Illinois 60603
of Chicago, Illinois, And Foreign and Domestic Subsidiaries, at the close of
business on December 31, 1995, a state banking institution organized and
operating under the banking laws of this State and a member of the Federal
Reserve System. Published in accordance with a call made by the Commissioner of
Banks and Trust Companies of the State of Illinois and by the Federal Reserve
Bank of this District.
Bank's Transit Number 71000288
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<CAPTION>
THOUSANDS
ASSETS OF DOLLARS
<S> <C> <C>
Cash and balances due from depository institutions:
Non-interest bearing balances and currency and coin ... $1,409,760
Interest bearing balances ............................. $457,700
Securities:
a. Held-to-maturity securities ............................ $0
b. Available-for-sale securities .......................... $2,036,329
Federal funds sold and securities purchased under
Agreements to resell in domestic offices of the
bank and of its Edge and Agreement subsidiaries,
and in IBF's:
Federal funds sold ..................................... $84,600
Securities purchased under agreements to resell ........ $79,345
Loans and lease financing receivables:
Loans and leases, net of unearned income ............... $7,472,020
LESS: Allowance for loan and lease losses ........ $94,153
Loans and leases, net of unearned income, allowance, and
reserve (item 4.a minus 4.b) $7,377,867
Assets held in trading accounts $143,738
Premises and fixed assets (including capitalized leases .... $137,261
Other real estate owned .................................... $608
Investments in unconsolidated subsidiaries and associated
companies................................................. $200
Customer's liability to this bank on acceptances
outstanding................................................. $95,326
Intangible assets .......................................... $18,881
Other assets ............................................... $405,945
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TOTAL ASSETS $12,247,560
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LIABILITIES
Deposits:
In domestic offices ................................... $4,902,609
Non-interest bearing ............................... $2,685,798
Interest bearing ................................... $2,216,811
In foreign offices, Edge and Agreement subsidiaries,
and IBF's .......................................... $2,392,853
Non-interest bearing ............................... $41,003
Interest bearing ................................... $2,351,850
Federal funds purchased and securities sold under agreements to
repurchase in domestic offices of the bank and of its Edge
and Agreement subsidiaries, and in IBF's:
Federal funds purchased ............................... $826,480
Securities sold under agreements to repurchase ........ $1,277,657
Trading Liabilities
Other borrowed money ....................................... $1,318,063
a. With original maturity of one year or less ............. $12,162
b. With original maturity of more than one year ........... $95,326
Bank's liability on acceptances executed and outstanding
Subordinated notes and debentures .......................... $295,000
Other liabilities .......................................... $245,069
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TOTAL LIABILITIES $11,410,319
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EQUITY CAPITAL
Common stock ............................................... $100,000
Surplus..................................................... $275,000
a. Undivided profits and capital reserves.................. $445,119
b. Net unrealized holding gains (losses) on
available-for-sale securities .......................... $17,122
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TOTAL EQUITY CAPITAL $837,241
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Total liabilities, limited-life preferred stock, and
equity capital ............................................. $12,247,560
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</TABLE>
I, Steve Neudecker, Vice President of the above-named bank, do hereby
declare that this Report of Condition has been prepared in conformance with the
instructions issued by the Board of Governors of the Federal Reserve System and
is true to the best of my knowledge and belief.
STEVE NEUDECKER
1/30/96
We, the undersigned directors, attest to the correctness of this Report
of Condition and declare that it has been examined by us and, to the best of our
knowledge and belief, has been prepared in conformance with the instructions
issued by the Board of Governors of the Federal Reserve System and the
Commissioner of Banks and Trust Companies of the State of Illinois and is true
and correct.
JAMES J. GLASSER,
ALAN G. McNALLY,
MARIBETH S. RAHE
Directors.
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