UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549

                             SCHEDULE 13D

              Under the Securities Exchange Act of 1934
                          (Amendment No. 6 )*

                AMERICAN INDUSTRIAL PROPERTIES REIT INC.
         ---------------------------------------------------------
                            (Name of Issuer)

             Shares of Beneficial Interest, $0.10 par value
           --------------------------------------------------
                      (Title of Class of Securities)

                                02679110
                   ------------------------------------
                             (CUSIP Number)

    David Goldberg, 600 No. Brand Blvd., Ste. 300, Glendale, California
                  91203-1241, 818/244-8080, ext. 529
        -----------------------------------------------------------
              (Name, Address and Telephone Number of Person
            Authorized to Receive Notices and Communications)

                             March 4, 1996
         (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(b)(3) or (4), check
   the following box  [  ].

   Check the following box if a fee is being paid with the statement [  ]. 
   (A fee is not required only if the reporting person: (1) has a previous
   statement on file reporting beneficial ownership of more than five
   percent of the class of securities described in Item 1; and (2) has
   filed no amendment subsequent thereto reporting beneficial ownership of
   five percent or less of such class.)  (See Rule 13d-7.)

   NOTE:  Six copies of this statement, including all exhibits, should be
   filed with the Commission.  See Rule 13d-1(a) for other parties to whom
   copies are to be sent.

   *The remainder of this cover page shall be filled out for a reporting
   person's initial filing on this form with respect to the subject class
   of securities, and for any subsequent amendment containing information
   which would alter disclosures provided in a prior cover page.

   The information required on the remainder of this cover page shall not
   be deemed to be "filed" for the purpose of Section 18 of the Securities
   Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
   that section of the Act but shall be subject to all other provisions of
   the Act (however, see the Notes).

     -----------------------
     CUSIP NO. 02679110           SCHEDULE 13D
     -----------------------
    
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         NAME OF REPORTING PERSON
    1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         PUBLIC STORAGE, INC.
         [95-3551121]
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         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    2                                                              (a) [_]
                                                                   (b) [_]
     ---------------------------------------------------------------------
         SEC USE ONLY
    3

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         SOURCE OF FUNDS*
    4
         WC

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         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) OR 2(e)                                         [_]
    5

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         CITIZENSHIP OR PLACE OF ORGANIZATION
    6
         CALIFORNIA

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                             SOLE VOTING POWER
                        7
        NUMBER OF            500,800

         SHARES       ----------------------------------------------------
                             SHARED VOTING POWER
      BENEFICIALLY      8
                             N/A
        OWNED BY
                      ----------------------------------------------------
          EACH               SOLE DISPOSITIVE POWER
                        9
       REPORTING             500,800
    
         PERSON       ----------------------------------------------------
                             SHARED DISPOSITIVE POWER
          WITH         10
                             N/A

     ---------------------------------------------------------------------
         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   11
         500,800

     ---------------------------------------------------------------------
         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES*                                                       [_]
   12
    
      --------------------------------------------------------------------
         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   13    
         5.5%

     ---------------------------------------------------------------------
         TYPE OF REPORTING PERSON*
   14
         CO

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         The Statement on Schedule 13D dated November 14, 1995, as
   amended by Amendment No. 1 dated November 24, 1995, Amendment
   No. 2 dated January 17, 1996, Amendment No. 3 dated January 23,
   1996, Amendment No. 4 dated February 9, 1996 and Amendment No. 5
   dated February 15, 1996 (the "Schedule 13D") filed by Public Storage,
   Inc. ("PSI"), relating to the Shares of Beneficial Interest, $0.10
   par value (the "Shares") of American Industrial Properties REIT Inc.,
   a Texas real estate investment trust (the "Issuer"), is amended by
   this Amendment No. 6 as set forth below.  Defined terms that are not
   defined herein have the meanings assigned to those terms in the
   Schedule 13D.

   Item 4.   Purpose of Transaction

         PSI and Issuer have mutually determined to discontinue any
   further discussions relating to a corporate transaction between them. 
   PSI has also discontinued discussions with the Lender concerning a
   purchase by PSI of the Issuer's Notes.

         At this time, PSI intends to seek to dispose of the Shares owned
   by PSI.


                                   SIGNATURE

         After reasonable inquiry and to the best of its knowledge and
   belief, the undersigned certifies that the information set forth in
   this statement is true, complete and correct.

   Dated:  March 4, 1996                 PUBLIC STORAGE, INC.


                                         By: /S/ RONALD L. HAVNER, JR.
                                             ------------------------
                                             Ronald L. Havner, Jr.
                                             Senior Vice President