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 199,333 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 199,333 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 0.2% 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 639,884 NUMBER OF SHARES BENEFICIALLY OWNED BY 6 SHARED VOTING POWER 0 EACH REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 3,797,002 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,797,002 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 3.3% 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 Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. LaSalle Investment Management, Inc. provides the following information: (a) Amount Beneficially Owned 199,333 (b) Percent of Class 0.2% (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 199,333 (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 3,797,002 (b) Percent of Class 3.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 639,884 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 3,797,002 (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 X. 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 4, 2013 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 1 ~BALT2:631732.v1 |2/14/02 17298-27 ~BALT2:631732.v1 |2/14/02 17298-27 8 ~BALT2:631732.v1 |2/14/02 17298-27