UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30
1999
Check here if Amendment [ ]; Amendment Number
This Amendment (check only one.) [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Teachers Insurance and Annuity Association of America
Address: 730 Third Ave
New York, New York 10017
13F File Number: 28-331
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules , lists, and tables, are considered integral parts of
this form.
Person signing this report on Behalf of Reporting Manager:
Name: Michael T. O Kane
Title: Senior Managing Director
Phone: 212-916-4345
Signature, Place, and Date of Signing:
Michael T. O Kane New York, NY November 15 1999
Report Type(Check only one)
[ ] 13F Holdings Report
[ ] 13F Notice
[ x] 13f Combination Report
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:3
Form 13F Information Table Entry Total:52
Form 13F Information Table Value Total:$451911(thousands)
List of Other Included Managers:
No. 13F File Number Name
01 28-4800 Teachers Advisors, Inc.
02 28-3194 TIAA-CREF Investment Management LLC
03 28-5057 TIAA-CREF Trust Company
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<TABLE>
<CAPTION>
FORM 13-F TABLE
(X1000)
NAME OF ISSUER TITLE CUSIP VALUE
SHRS/AMT
SH/PT/CALL INV DISCRETION OTHER MGRS VOTING
AUTH(SOLE)
<S> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
AAVID THERMAL TECHNOLOGIES COM 002539104 3102 137500
SH DEFINED 137500
ALEXANDRIA REAL ESTATE COM 015271109 1637 55600
SH DEFINED 55600
AMB PROPERTIES COM 00163T109 17628 832000
SH DEFINED 832000
APARTMENT INVESTMENT COM 03748R101 10328 270000
SH DEFINED 290000
AVALON PROPERTIES, INC COM 053484101 8042 237400
SH DEFINED 237400
BANCO BILBAO VIZCAYA INTL COM 059456103 20000 800000
SH DEFINED 800000
BANCO BILBAO VIZCAYA INTL PRF 059456202 12625 500000
SH DEFINED 500000
BOSTON PROPERTIES COM 101121101 11026 359300
SH DEFINED 359300
BRADLEY REAL ESTATE COM 104580105 2065 112400
SH DEFINED 112400
BRANDYWINE REALTY TR COM 105368203 2281 140400
SH DEFINED 140400
CABOT INDUSTRIAL TRUST COM 127072106 1788 92900
SH DEFINED 92900
CAMDEN PROPERTY TRUST COM 133131102 937 34900
SH DEFINED 34900
CANADIAN NAT RAILWAY COM 136375409 8903 165000
SH DEFINED 165000
CBS INC COM 12490K107 17416 876253
SH DEFINED 876253
CENTERPOINT PPTYS COM 151895109 10095 301100
SH DEFINED 301100
CHARLES E SMITH RESLT COM 832197107 5395 157800
SH DEFINED 157800
COLONIAL PROPERTIES COM 195872106 2378 88900
SH DEFINED 88900
CONCURRRENT COMPUTER CORP COM 206710204 10334 1516938
SH DEFINED 1516938
CORNERSTONE PROP. COM 21922H103 13624 893400
SH DEFINED 893400
CORPORATE OFFICE PRO COM 22002T108 855 113100
SH DEFINED 113100
DUKE REALTY INVTS COM 264411505 11628 596300
SH DEFINED 596300
EL PASO NATURAL GAS COM 283678209 10000 200000
SH DEFINED 200000
EQUITY OFFICE PPTY COM 294741103 21718 934100
SH DEFINED 934100
EQUITY RES PROP TR COM 29476L107 22107 521700
SH DEFINED 521700
FELCOR LODGING TRUST COM 31430F101 443 25300
SH DEFINED 25300
FRIEDMANS INC COM 358438109 3783 429323
SH DEFINED 429323
FURRS BISHOP INCORP COM 361115504 8608 4841796
SH DEFINED 4841796
HIGHWOODS PROPERTIES INC COM 431284108 2588 2540936
SH DEFINED 2540936
HOSPITALITY PROP TR COM 44106M102 1652 74900
SH DEFINED 74900
HOST MARRIOT COM 44107P104 6 700
SH DEFINED 700
LASALLE HOTEL PROP COM 517942108 824 63700
SH DEFINED 63700
LONE STAR INC COM 542290408 16300 326816
SH DEFINED 326816
LONE STAR INC WT 542290119 13090162111
SH DEFINED 162111
MACERICH CO(THE) COM 554382101 15027 649800
SH DEFINED 649800
MACK-CALI REALTY COM 554489104 5238 200000
SH DEFINED 200000
NEW PLAN EXCEL COM 648053106 1161 65159
SH DEFINED 65159
PARAMETRIC TECHNOLOGY COM 699173100 49 3694
SH DEFINED 3694
PUBLIC STORAGE, INC COM 74460D109 6995 277700
SH DEFINED 277700
RECKSON ASSOC REALTY COM 75621K106 5047 250000
SH DEFINED 250000
ROUSE CO, THE COM 779273101 82671 3594382
SH DEFINED 3594382
SIMON PROPERTY, GRP COM 828806109 14156 630900
SH DEFINED 630900
SPIEKER PROPERTIES COM 848497103 10406 300000
SH DEFINED 300000
STARWOOD HOTELS COM 85590A203 13517 605800
SH DEFINED 605800
STORAGE USA, INC COM 861907103 1801 65500
SH DEFINED 65500
TAUBMAN CENTERS, INC COM 876664103 2765 240400
SH DEFINED 240400
TRINET CORP RLTY COM 896287109 5079 211700
SH DEFINED 211700
URBAN SHOPPING CENTER COM 917060105 6453 222100
SH DEFINED 222100
VICORP RESTAURANTS COM 925817108 238 14407
SH DEFINED 14407
WENDYS FINANCING PRF 950588202 18094160000
SH DEFINED 160000
WHX CORP COM 929248102 7 782
SH DEFINED 782
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