SC 13G: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on February 16, 2010
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 8)
Avalonbay Communities
(Name of Issuer)
Common Stock
(Title of Class of Securities)
053484101
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
Rule 13d-1(b)
? Rule 13d-1(c)
? Rule 13d-1(d)
Page 1 of 8 Pages
1
NAME OF REPORTING PERSON:
LaSalle Investment Management, Inc.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
36-4160747
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) ?
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF
ORGANIZATION
Maryland
5
SOLE VOTING POWER
214,791
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
0
EACH
REPORTING
PERSON WITH
7
SOLE DISPOSITIVE POWER
562,151
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
562,151
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
Excludes shares beneficially owned by LaSalle
Investment Management (Securities), L.P.
11
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.7%
12
TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
1
NAME OF REPORTING PERSON:
LaSalle Investment Management (Securities), L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
36-3991973
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) ?
3
SEC USE ONLY
4
CITIZENSHIP
OR PLACE OF ORGANIZATION
Maryland
5
SOLE VOTING POWER
1,021,039
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
0
EACH
REPORTING
PERSON WITH
7
SOLE DISPOSITIVE POWER
3,600,992
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,600,992
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
Excludes shares beneficially owned by LaSalle
Investment Management, Inc.
11
PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9
4.4%
12
TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1.
(a) Name of Issuer
Avalonbay Communities Inc
(b) Address of Issuer's Principal
Executive Offices
2900 Eisenhower Avenue
Suite 300
Alexandria, VA 22314
Item 2.
LaSalle Investment Management, Inc. provides
the following information:
(a) Name of Person Filing
LaSalle Investment Management, Inc.
(b) Address of Principal Business Office
or, if none, Residence
200 East Randolph Drive
Chicago, Illinois 60601
(c) Citizenship
Maryland
(d) Title of Class of Securities
Common Stock, $.01 par value per share
(e) CUSIP Number
053484101
LaSalle Investment Management (Securities), L.P.
provides the following information:
(a) Name of Person Filing
LaSalle Investment Management (Securities),
L.P.
(b) Address of Principal Business Office or,
if none, Residence
100 East Pratt Street
Baltimore, MD 21202
(c) Citizenship
Maryland
(d) Title of Class of Securities
Common Stock, $.01 par value per share
(e) CUSIP Number
053484101
Item 3.* If this statement is filed pursuant to Rule
13d-1(b), or 13d-2(b), check whether the person filing
is a:
(a) ? Broker or Dealer registered under
Section 15 of the Act
(b) ? Bank as defined in Section 3(a)(6)
of the Act
(c) ? Insurance Company as defined in Section
3(a)(19) of the Act
(d) ? Investment Company registered under Section 8
of the Investment Company Act
(e) Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940
(f) ? Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee Retirement
Income Security Act of 1974 or Endowment Fund; see 240.13d-1(b)
(1)(ii)(F)
(g) ? Parent Holding Company, in accordance with
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) ? A savings association as defined in section
3(b) of the Federal Deposit Insurance Act
(i) ? A church plan that is excluded from the definition
of an
investment company under section 3(c)(14) of the Investment
Company
Act of 1940
(j) ? Group, in accordance with 240.13d-1(b)-1(ii)(J)
* This response is provided on behalf of LaSalle Investment
* Management, Inc. and LaSalle Investment Management
* (Securities), L.P., each an investment adviser under
* Section 203 of the Investment Advisers Act of 1940.
Item 4. Ownership
If the percent of the class owned, as of December 31 of
the year covered by the statement, or as of the last day of
any month described in Rule 13d-1(b)(2), if applicable,
exceeds five percent, provide the following information
as of that date and identify those shares which there is
a right to acquire.
LaSalle Investment Management, Inc. provides the
following information:
(a) Amount Beneficially Owned
562,151
(b) Percent of Class
0.7%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
214,791
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the
disposition of
562,151
(iv) shared power to dispose or to direct the
(v) disposition of
0
LaSalle Investment Management (Securities), L.P.
provides the following information:
(a) Amount Beneficially Owned
3,600,992
(b) Percent of Class
4.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
1,021,039
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the
disposition of
3,600,992
(iv) shared power to dispose or to direct the
(v) disposition of
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 ?.
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
The two members of the Group are: LaSalle Investment
Management, Inc. ("LaSalle") and LaSalle Investment Management
(Securities), L.P. ("LIMS").
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
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 purposes or
effect.
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.
The parties agree that this statement is filed on behalf of
each of them.
Dated: February 5, 2010
LASALLE INVESTMENT
MANAGEMENT, INC.
By:/s/ Marci S. McCready_
Name: Marci S. McCready
Title: Vice President
LASALLE INVESTMENT
MANAGEMENT
(SECURITIES), L.P.
By:/s/ Marci S. McCready
Name: Marci S. McCready
Title: Vice President
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