- -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------ SCHEDULE 13E-3/A RULE 13E-3 TRANSACTION STATEMENT (PURSUANT TO SECTION 13(E) OF THE SECURITIES EXCHANGE ACT OF 1934) (AMENDMENT NO. 5) --------- IDS/SHURGARD INCOME GROWTH PARTNERS, L.P. II (NAME OF ISSUER) SHURGARD STORAGE CENTERS, INC. (NAME OF PERSON FILING STATEMENT) UNITS OF LIMITED PARTNERSHIP INTEREST (TITLE OF CLASS OF SECURITIES) ------------ 448933-101 (CUSIP NUMBER OF CLASS OF SECURITIES) KRISTIN H. STRED, ESQ. SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY 1201 THIRD AVENUE, SUITE 2200 SEATTLE, WASHINGTON 98101 (206) 624-8100 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSONS AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF PERSON(S) FILING STATEMENT) COPIES TO: JEFFREY T. PERO, ESQ. WILLIAM J. CERNIUS, ESQ. LATHAM & WATKINS 650 TOWN CENTER DRIVE TWENTIETH FLOOR COSTA MESA, CALIFORNIA 92626 (714) 540-1235 This statement is filed in connection with (check the appropriate box): a. / / The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the Securities Exchange Act of 1934. b. / / The filing of a registration statement under the Securities Act of 1933. c. /X/ A tender offer. d. / / None of the above. Check the following box if soliciting material or information statement referred to in checking box (a) are preliminary copies: / / - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- This Amendment No. 5 to the Transaction Statement on Schedule 13E-3, as previously amended (the "Schedule 13E-3), relates to the acquisition of the entire limited partnership interest in IDS/ Shurgard Income Growth Partners L.P. II, a Washington limited partnership (the "Partnership"), by Shurgard Storage Centers, Inc., a Delaware corporation (the "Company"). The first step of the acquisition was the commencement of the Company's offer (the "Offer") to purchase up to 49,000 units of limited partnership interest (the "Units") in the Partnership at a price of $222 net per Unit in cash, without interest. The second step of the acquisition will be, if all applicable conditions are satisfied, the merger of the Partnership with and into the Company (the "Merger") pursuant to the terms of the Acquisition Agreement dated July 1, 1996, by and among the Company, the Partnership, IDS/Shurgard Income Growth Partners L.P. and IDS/Shurgard Income Growth Partners L.P. III. 2 17. MATERIAL TO BE FILED AS EXHIBITS. Item 17 is hereby amended to add the following as additional information: 99.23 Press release dated August 5, 1996 (relating to Offer commenced July 2, 1996) (incorporated by reference to Exhibit 99.16 to the Company's Amendment No. 5 to the Tender Offer Statement on Schedule 14D-1/A filed with the Securities and Exchange Commission on August 5, 1996). 3 SIGNATURE After due 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. Dated: August 5, 1996 SHURGARD STORAGE CENTERS, INC. By /s/ HARRELL L. BECK ---------------------------------- Name: Harrell L. Beck Title: Senior Vice President, Chief Financial Officer and Treasurer 4