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 10, 2012
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 8)
AvalonBay Communities Inc
(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
0
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
0
EACH
REPORTING
PERSON WITH
7
SOLE DISPOSITIVE POWER
243,293
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
243,293
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
0.3%
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
656,958
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
6
SHARED VOTING POWER
0
EACH
REPORTING
PERSON WITH
7
SOLE DISPOSITIVE POWER
4,568,823
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,568,823
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
4.8%
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
Ballston Tower 671 North Glebe Road Suite 800
Arlington, VA 22203
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)
(k) ? Group, in accordance with Rule 240.13d-1
(b)(1)(ii)(K). If filing as a non-U.S. institution in
accordance
with Rule 240.13d-1(b)(1)(ii)(J), please specify the
type of institution: ____
* 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
243,293
(b) Percent of Class
0.3%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
0
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the
disposition of
243,293
(iv) shared power to dispose or to direct the
disposition of
0
LaSalle Investment Management (Securities), L.P.
provides the following information:
(a) Amount Beneficially Owned
4,568,823
(b) Percent of Class
4.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
656,958
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the
disposition of
4,568,823
(iv) shared power to dispose or to direct the
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 1, 2012
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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