SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) November 10, 1997
(October 24, 1997)
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GLENBOROUGH REALTY TRUST INCORPORATED
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(Exact name of registrant as specified in its charter)
Maryland 001-14162 94-3211970
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(State or other (Commission (IRS Employer
jurisdiction of File Number) I.D. Number)
incorporation)
400 South El Camino Real, Ste. 1100, San Mateo, California 94402
(Address of principal executive offices)
Registrant's Telephone number, including area code: (650) 343-9300
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Item 2. ACQUISITION OR DISPOSITION OF ASSETS
On October 24, 1997, the Company acquired eight properties from six separate
limited partnerships in which affiliates of AEW Capital Management, L.P.
(successors in interest to one or more affiliates of Copley Advisors Inc.) serve
as general partners (the "Copley Properties"). The total acquisition cost,
including capitalized costs, was approximately $63.7 million, which was paid
entirely in cash from the proceeds of the Company's October 1997 public stock
offering. The Copley Properties comprise 766,269 square feet of industrial
space, with one property located in Tempe, Arizona, one in Anaheim, California,
one in Columbia, Maryland and five in Las Vegas, Nevada.
There is no relationship between any of the sellers listed above and the
Company, the Company's Operating Partnership or any affiliated entities of the
Company.
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Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a)&(b) FINANCIAL STATEMENTS
As of the date of filing of this Current Report on Form 8-K, it is
impracticable for the Company to provide the financial statements
required by Item 7 (a) & (b) of Form 8-K. In accordance with Item
7(a)(4) of Form 8-K, the Company will by amendment to this Form
8-K no later than 60 days after November 10, 1997, file such
financial statements.
(c) EXHIBITS
None
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
GLENBOROUGH REALTY TRUST INCORPORATED
By: Glenborough Realty Trust Incorporated,
Date: November 10, 1997 /s/ Andrew Batinovich
Andrew Batinovich
President,
Chief Operating Officer
(Principal Operating Officer)
Date: November 10, 1997 /s/ Terri Garnick
Terri Garnick
Senior Vice President,
Chief Accounting Officer,
Treasurer
(Principal Accounting Officer)
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