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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D/A
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13D-2
(AMENDMENT NO. 17)
CARRAMERICA REALTY CORPORATION
(FORMERLY NAMED CARR REALTY CORPORATION)
(NAME OF ISSUER)
COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
144418 10 0
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(CUSIP Number)
JEFFREY A. KLOPF, SECRETARY
SECURITY CAPITAL GROUP INCORPORATED
125 LINCOLN AVENUE
SANTA FE, NEW MEXICO 87501
(505) 982-9292
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
SEPTEMBER 10, 2001
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(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(e), 13d-1(f) or 13d-1(g), check the following
box: |_|.
(Continued on following pages)
(Page 1 of 10 Pages)
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SCHEDULE 13D
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CUSIP NO. 861907 10 3 Page 2 of 10
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1. NAMES OF REPORTING PERSONS
Security Capital Group Incorporated
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
36-3692698
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY |_|
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
BK, 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
Maryland
--------------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY 28,603,417
OWNED BY EACH
REPORTING
PERSON WITH
---------------------------------------------------------------
8. SHARED VOTING POWER
-O-
---------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
28,603,417
---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-O-
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,603,417
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
45.7%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON REPORTING
CO
--------------------------------------------------------------------------------
SCHEDULE 13D
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CUSIP NO. 861907 10 3 Page 3 of 10
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1. NAMES OF REPORTING PERSONS
SC Capital Incorporated
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
74-2985638
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY |_|
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
BK, 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
Nevada
--------------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY 28,603,417
OWNED BY EACH
REPORTING
PERSON WITH
---------------------------------------------------------------
8. SHARED VOTING POWER
-0-
---------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
28,603,417
---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-O-
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,603,417
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
45.7%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON REPORTING
CO
--------------------------------------------------------------------------------
SCHEDULE 13D
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CUSIP NO. 861907 10 3 Page 4 of 10
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1. NAMES OF REPORTING PERSONS
SC Realty Incorporated
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
88-0330184
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY |_|
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
BK, 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
Nevada
--------------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY 28,603,417
OWNED BY EACH
REPORTING
PERSON WITH
---------------------------------------------------------------
8. SHARED VOTING POWER
-O-
---------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
28,603,417
---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-O-
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,603,417
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
45.7%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON REPORTING
CO
--------------------------------------------------------------------------------
SCHEDULE 13D
----------------------------- -------------------------
CUSIP NO. 861907 10 3 Page 5 of 10
----------------------------- -------------------------
--------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
Security Capital Operations Incorporated
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
52-2146697
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY |_|
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
BK, 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
Maryland
--------------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY 28,603,417
OWNED BY EACH
REPORTING
PERSON WITH
---------------------------------------------------------------
8. SHARED VOTING POWER
-O-
---------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
28,603,417
---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-O-
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,603,417
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
45.7%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON REPORTING
CO
--------------------------------------------------------------------------------
SCHEDULE 13D
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CUSIP NO. 861907 10 3 Page 6 of 10
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1. NAMES OF REPORTING PERSONS
East Mixed-Use Realty Investors Trusts
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
74-2869172
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY |_|
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
BK, 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
Maryland
--------------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES
BENEFICIALLY 28,603,417
OWNED BY EACH
REPORTING
PERSON WITH
---------------------------------------------------------------
8. SHARED VOTING POWER
-O-
---------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
28,603,417
---------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-O-
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,603,417
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
45.7%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON REPORTING
CO
--------------------------------------------------------------------------------
This Amendment No. 17 is filed by Security Capital Group
Incorporated ("Security Capital Group"), a Maryland corporation, SC Realty
Incorporated, a Nevada corporation and an indirect wholly owned subsidiary of
Security Capital Group ("SC-Realty"), Security Capital Operations Incorporated,
a Maryland corporation and wholly owned subsidiary of SC-Realty ("Operations"),
and East Mixed-Use Realty Investors Trust a Maryland real estate investment
trust and subsidiary of Operations ("East"), and amends the Schedule 13D
originally filed (as previously amended, the "Schedule 13D") by Security Capital
Group, SC-Realty and Security Capital Holdings S.A. ("Holdings"), a corporation
organized and existing under the laws of Luxembourg and a wholly owned
subsidiary of SC-Realty. This Amendment No. 17 relates to shares of common
stock, par value $0.01 per share ("Common Stock"), of CarrAmerica Realty
Corporation, a Maryland corporation formerly named Carr Realty Corporation
("Carr"). Capitalized terms used herein without definition shall have the
meanings ascribed thereto in the Schedule 13D.
ITEM 4. PURPOSE OF THE TRANSACTION
Item 4 is hereby amended to add the following:
Security Capital Group has publicly announced that its strategy is
to own all or a high percentage of six real estate businesses that function as
private operating divisions and to eliminate the discount to the underlying
value of its assets. Security Capital Group currently has ownership positions in
12 real estate businesses, including Carr. As part of its strategy, Security
Capital Group plans to reposition or sell its investment in several of these
businesses and focus its capital in six private operating divisions. With
respect to Carr, any action or discussions taken in such connection will be
subject to and conducted in accordance with all applicable legal rules and
contractual agreements to which Security Capital Group is subject or which
otherwise apply to the purchase or sale of Common Stock or Security Capital
Group's investment in Carr including, without limitation, the relevant
"standstill" provisions of the Stockholders Agreement as previously described in
this Schedule 13D. Nothing contained herein is intended to indicate any intent
to act otherwise than in accordance with such provisions and covenants, to
modify any such provisions or to encourage Carr or any other person to do so.
Subject to these requirements and limitations, however, Security Capital intends
to actively consider a wide range of transactions with respect to each of its
investments, including Carr, and may, from time to time, enter into discussions
with Carr and/or third parties, concerning Security Capital Group's holdings of
Common Stock and possible future extraordinary transactions involving Security
Capital Group and Carr, which could involve any of the items enumerated in the
Schedule 13D instructions to this Item 4. Security Capital Group also reserves
the right, based on all relevant factors, and consistent with its contractual
obligations, to change its investment intent with respect to Carr at any time in
the future, to dispose of all or a portion of its holdings of Common Stock, or
to change its intention with respect to any or all of the matters referred to in
this Schedule 13D. In reaching any conclusion as to its future course of action,
Security Capital Group will take into consideration various factors, such as
Carr's business and prospects, other developments con-
cerning Carr, other business opportunities available to Security Capital Group,
developments with respect to the business of Security Capital Group, its
contractual obligations and general economic and stock market conditions,
including, but not limited to, the market price of the Common Stock and of
Security Capital Group's own common stock. There can be no assurance as to
whether Security Capital Group will take any action with respect to its
ownership of Common Stock, or enter into any discussions with Carr or with any
third parties with respect to the Common Stock or Carr, whether such discussions
will lead to any transaction that might be considered or agreed to by any third
party, Carr or Security Capital Group, the terms of any such transaction, or the
timing or certainty of any such transaction.
ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER
Item 5 is hereby amended to add the following:
On May 3, 2001, SC Realty transferred all of its shares of Common
Stock to East through a series of internal transfers. East is an indirect
subsidiary of Security Capital.
SIGNATURE
After reasonable inquiry and to the best of the undersigned's
knowledge and belief, the undersigned certifies that the information set forth
in this statement is true, complete and correct.
SECURITY CAPITAL GROUP INCORPORATED
By: /s/ Jeffrey A. Klopf
-------------------------------
Name: Jeffrey A. Klopf
Title: Senior Vice President and
Secretary
SC CAPITAL INCORPORATED
By: /s/ Jeffrey A. Klopf
-------------------------------
Name: Jeffrey A. Klopf
Title: Secretary
SC REALTY INCORPORATED
By: /s/ Jeffrey A. Klopf
-------------------------------
Name: Jeffrey A. Klopf
Title: Secretary
SECURITY CAPITAL OPERATIONS
INCORPORATED
By: /s/ Jeffrey A. Klopf
-------------------------------
Name: Jeffrey A. Klopf
Title: Secretary
EAST MIXED-USE REALTY INVESTORS TRUST
By: /s/ Jeffrey A. Klopf
-------------------------------
Name: Jeffrey A. Klopf
Title: Secretary
September 10, 2001