SC TO-T 1 mpfgtjreitschedto.htm INITIAL FILING mpfgtjreitschedto.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
_______________________

SCHEDULE TO
Tender Offer Statement Pursuant to Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
___________________

GTJ REIT, INC.
(Name of Subject Company)

MPF BADGER ACQUISITION CO., LLC; MPF SENIOR NOTE PROGRAM II, LP; MPF SPECIAL FUND 8, LLC; MPF INCOME FUND 23, LLC; MPF INCOME FUND 16, LLC; MPF DEWAAY PREMIER FUND 4, LLC; MPF DEWAAY PREMIER FUND 2, LLC; MPF DEWAAY FUND 6, LLC; MPF DEWAAY FUND 5, LLC; MP INCOME FUND 12, LLC; MPF FLAGSHIP FUND 13, LLC; AND MACKENZIE PATTERSON FULLER, LP
(Bidders)


SHARES OF COMMON STOCK
(Title of Class of Securities)

None or unknown
(CUSIP Number of Class of Securities)
_______________________
                                                                                 
  Copy to:     
Christine Simpson          Chip Patterson, Esq.
MacKenzie Patterson Fuller, LP
MacKenzie Patterson Fuller, LP
1640 School Street
1640 School Street
Moraga, California  94556
Moraga, California  94556
(925) 631-9100 ext. 1024 (925) 631-9100 ext. 1006
                                                                                                           

(Name, Address, and Telephone Number of
Person Authorized to Receive Notices and
Communications on Behalf of Bidder)

Calculation of Filing Fee

Transaction                                  Amount of
Valuation*                                    Filing Fee

                    $3,500,000                                           $137.55

*           For purposes of calculating the filing fee only.  Assumes the purchase of 700,000 Shares at a purchase price equal to $5 per Share in cash.

[]
Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid.  Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

Amount Previously Paid:
Form or Registration Number:
Filing Party:
Date Filed:

 [ ]
Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 Check the appropriate boxes below to designate any transactions to which the statement relates:

[X]
third party tender offer subject to Rule 14d-1.
[ ]
issuer tender offer subject to Rule 13e-4.
[ ]
going private transaction subject to Rule 13e-3
[ ]
amendment to Schedule 13D under Rule 13d-2

Check the following box if the filing is a final amendment reporting the results of the tender offer: [ ]

 
 

 


TENDER OFFER

This Tender Offer Statement on Schedule TO relates to the offer (the “Offer”) by MPF Badger Acquisition Co., LLC; MPF Senior Note Program II, LP; MPF Special Fund 8, LLC; MPF Income Fund 23, LLC; MPF Income Fund 16, LLC; MPF DeWaay Premier Fund 4, LLC; MPF DeWaay Premier Fund 2, LLC; MPF DeWaay Fund 6, LLC; MPF DeWaay Fund 5, LLC; MP Income Fund 12, LLC; MPF Flagship Fund 13, LLC; and Mackenzie Patterson Fuller, LP (collectively the “Purchasers”) to purchase up to 700,000 shares of common stock (the “Shares”)  in GTJ REIT, Inc. (the “Corporation”), the subject company, at a purchase price equal to $5 per Share, less the amount of any dividends declared or made with respect to the Shares between June 6, 2008 (the “Offer Date”) and July 18, 2008 or such other date to which this Offer may be extended (the “Expiration Date”), upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 6, 2008 (the “Offer to Purchase”) and the related Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1) and (a)(2), respectively.  As noted above, the Offer price would be subject to reduction for dividends made or declared prior to the Expiration Date.  Any dividends made or declared after the Expiration Date, by the terms of the Offer and as set forth in the Letter of Transmittal, would be assigned by tendering Shareholders to the Purchasers.

In the event of a price reduction resulting from a Corporation dividend declared or made after the Offer Date and before the Expiration Date, as described above, the Purchasers will file an amendment to this Schedule TO reflecting such reduction and will, to the extent necessary, extend the Expiration Date to assure there is a minimum ten business day period following the amendment before the Offer expires.

Tender of Shares will include the tender of any and all securities into which the Shares may be converted and any securities distributed with respect to the Shares from and after the Offer Date.

The Corporation had 384 holders of record owning an aggregate of 13,472,281 Shares as of March 30, 2008, according to its Annual Report on Form 10-K for the fiscal year ending December 31, 2007.  The Purchasers and their affiliates currently beneficially own 0 Shares, or 0.0% of the outstanding Shares.  The 700,000 Shares subject to the Offer constitute 5.2% of the outstanding Shares.  Consummation of the Offer, if all Shares sought are tendered, would require payment by the Purchasers of up to $3,500,000 in aggregate purchase price, which the Purchasers intend to fund out of their current working capital.

The address of the Corporation’s principal executive offices is 444 Merrick Road, Lynbrook, New York 11563, and its phone number is (516) 881-3535.

The information in the Offer to Purchase, including all schedules and annexes thereto, is hereby expressly incorporated herein by reference in response to all the items of this Statement.

Item 12.                      Exhibits.

(a)(1)           Offer to Purchase dated June 6, 2008

(a)(2)           Letter of Transmittal

(a)(3)           Form of Letter to Shareholders dated June 6, 2008

(a)(4)           Form of advertisement in Investor’s Business Daily

(b)- (h)        Not applicable.

Item 13.                      Information Required by Schedule 13E-3.

Not applicable.
 
 
                                                SIGNATURES
 
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:         June 6, 2008

MPF Badger Acquisition Co., LLC; MPF Senior Note Program II, LP; MPF Special Fund 8, LLC; MPF Income Fund 23, LLC; MPF Income Fund 16, LLC; MPF DeWaay Premier Fund 4, LLC; MPF DeWaay Premier Fund 2, LLC; MPF DeWaay Fund 6, LLC; MPF DeWaay Fund 5, LLC; MP Income Fund 12, LLC; MPF Flagship Fund 13, LLC

By:           /s/ Chip Patterson                                           
Chip Patterson, Senior Vice President of Manager or General Partner of each filing person



 
 

 



 



                  EXHIBIT INDEX


Exhibit                                Description

(a)(1)                      Offer to Purchase dated June 6, 2008

(a)(2)                      Letter of Transmittal

(a)(3)                      Form of Letter to Shareholders dated June 6, 2008

(a)(4)                      Form of advertisement in Investor’s Business Daily