UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SCHEDULE 13D
Under the Securities Act of 1934
(Amendment No. )*
AmeriVest Properties Inc.
(Name of Issuer)
Common Stock, Par Value $.00
(Title of Class of Securities)
03071L101
(CUSIP Number)
Alexander S. Hewitt
1800 Glenarm Place, Suite 500
Denver, CO 80202
303-297-1800
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
August 12, 1999
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
* 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
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 4
<PAGE>
1. Name of Reporting Person
Social Security or I. R.S. Identification No. of above Person
Alexander S. Hewitt
2. Check the Appropriate Box If a Member of a Group
| | A
|X| B
3. Sec Use Only
4. Source of Funds*
OO
5. Check box if disclosure of legal proceedings is required pursuant to Items
2(d) or 2(e) |_|
6. Citizenship or Place of Organization
US
7. Sole Voting Power
Number of
Shares 53,079 (2.38%)
Beneficially
Owned by
Each 8. Shared Voting Power
Reporting
Person 83,185 (3.73%)
With
9. Sole Dispositive Power
53,079 (2.38%)
10. Shared Dispositive Power
83,185 (3.73%)
11. Aggregate Amount Beneficially Owned by Each Reporting Person
136,264
12. Check If the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
13. Percent of Class Represented by Amount in Row (11)
6.11%
14. Type of Reporting Person*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE AND THE SIGNATUREATTESTATION
Page 2 of 4
<PAGE>
Item 1. Security and Issuer
This statement relates to the common stock, $.001 par value of AmeriVest
Properties Inc., a Maryland corporation, having its executive offices at 3333
South Wadsworth Blvd., Lakewood, CO 80227.
Item 2. Identity and Background
The person filing this statement is Alexander S. Hewitt, a United States
citizen, whose business address is 1800 Glenarm Place, Suite 500, Denver, CO
80202. Mr. Hewitt is an Executive Vice President of Sheridan Realty Corp., 1800
Glenarm Place, Suite 500, Denver, CO 80202. The principal business of Sheridan
Realty Corp. is real estate investment, development and management.
During the last five years, Mr. Hewitt has neither (i) been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) nor
(ii) been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction making either one of them subject to a judgment, decree
or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
Item 3. Source and Amount of Funds or Other Considerations
The transaction covered by this statement is the receipt of common stock from
AmeriVest Properties Inc. as partial consideration for the purchase of three
office buildings located in Indianapolis, Indiana from Sheridan Realty Partners,
L.P., a Delaware limited partnership ("SRP"). Mr. Hewitt is a shareholder in the
general partner of SRP. This transaction is described in detail in the Proxy
Statement of AmeriVest Properties Inc. in connection with the Annual Meeting of
Shareholders held June 29, 1999, which was filed with the Commission on May 27,
1999. A portion of the shares were received in payment of an outstanding loan
due Mr. Hewitt from an affiliated entity.
Item 4. Purpose of Transaction.
The purpose of this transaction is for investment. [Item 3 is incorporated
herein by reference].
Item 5. Interest in Securities of the Issuer.
a. Items 3 and 4 are incorporated herein by reference. Mr. Hewitt is also a
director of Rock River Trust Company in Rock Island, Illinois, which owns
83,185 shares of AmeriVest Properties, Inc. as Trustee of various trusts.
Mr. Hewitt is a beneficiary of some of these trusts. These trusts received
their shares in connection with the purchase and sale transaction described
under Item 3.
b. Mr. Hewitt has sole ownership of 53,079 shares. Rock River Trust Company,
of which Mr. Hewitt is a director, holds 83, 185 shares as Trustee under
various trusts, some of which Mr.Hewitt is also a beneficiary. Rock River
Trust Company is an Illinois chartered trust company with a principal
business address at 4709 44th Street, Suite 5, Rock Island, IL 61201. Rock
River Trust Company has not, during the last five years, been convicted in
a criminal proceeding nor been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect to
such laws.
Item 6. Contract, Arrangement, Understandings or Relationships with respect to
Securities of the Issuer.
There are no contracts, arrangements, understandings or relationships between
Alexander S. Hewitt and any other party with respect to any of the AmeriVest
Common Stock owned by Mr. Hewitt, Rock River Trust Company or by any other party
other than a Subscription and Registration Rights Agreement between Mr. Hewitt
and AmeriVest Properties Inc. Neither Mr. Hewitt nor Rock River Trust Company is
an owner of any other corporation or entity owning any AmeriVest Common Stock.
Mr. Hewitt is a business associate and co-shareholder of Sheridan Realty Corp.
with Mr. William T. Atkins, a director of AmeriVest Properties Inc.
Page 3 of 4
<PAGE>
Item 7. Material to be filed as Exhibits.
Exhibit 1. Purchase And Sale Agreement dated April 26, 1999 between Registrant
and Sheridan Realty Partners, L.P.
(Incorporated by reference from Exhibit 10.1 to AmeriVest Properties,
Inc.'s Definitive Proxy Statement filed with the Commission on May 27,
1999)
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.
/s/ Alexander S. Hewitt
-------------------------
By: Alexander S. Hewitt
Dated: August 20, 1998
Page 4 of 4
