UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31
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 February 15 2000
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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:3
Form 13F Information Table Entry Total:46
Form 13F Information Table Value Total:$441076(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
<PAGE>
<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 3377 137500
SH DEFINED 137500
ALEXANDRIA REAL ESTATE COM 015271109 2049 55600
SH DEFINED 55600
AMB PROPERTIES COM 00163T109 17500 877700
SH DEFINED 877700
APARTMENT INVESTMENT COM 03748R101 10750 270000
SH DEFINED 270000
AVALON PROPERTIES, INC COM 053484101 8220 237400
SH DEFINED 237400
BANCO BILBAO VIZCAYA INTL PRF 059456202 12625 500000
SH DEFINED 500000
BOSTON PROPERTIES COM 101121101 11183 359300
SH DEFINED 359300
BRADLEY REAL ESTATE COM 104580105 1786 102400
SH DEFINED 102400
BRANDYWINE REALTY TR COM 105368203 2135 130400
SH DEFINED 130400
CABOT INDUSTRIAL TRUST COM 127072106 1707 92900
SH DEFINED 92900
CBS INC COM 12490K107 71411 1116884
SH DEFINED 1116884
CENTERPOINT PPTYS COM 151895109 8712 240300
SH DEFINED 240300
CHARLES E SMITH RESLT COM 832197107 5621 158900
SH DEFINED 158900
COLONIAL PROPERTIES COM 195872106 985 42500
SH DEFINED 42500
CONCURRENT COMPUTER CORP COM 206710204 28349 1516938
SH DEFINED 1516938
CORNERSTONE PROP. COM 21922H103 11823 808400
SH DEFINED 808400
CORPORATE OFFICE PRO COM 22002T108 862 113100
SH DEFINED 113100
DUKE REALTY INVTS COM 264411505 13987 270900
SH DEFINED 270900
EQUITY OFFICE PPTY COM 294741103 22510914100
SH DEFINED 914100
EQUITY RES PROP TR COM 29476L107 22996 538700
SH DEFINED 538700
FRIEDMAN'S INC COM 358438109 3220 429323
SH DEFINED 429323
HIGHWOODS PROPERTIES INC COM 431284108 100 2362500
SH DEFINED 2362500
HOSPITALITY PROP TR COM 44106M102 1428 74900
SH DEFINED 74900
STARWOOD FINANCIAL COM 85569R104 4895 289455
SH DEFINED 289455
SUN COMM INC CO 866674104 55 1700
SH DEFINED 1700
MACERICH CO(THE) COM 554382101 13524 649800
SH DEFINED 649800
MACK-CALI REALTY COM 554489104 7712 295900
SH DEFINED 295900
MANUFACTURED HOME COMM 564682102 1823 75000
SH DEFINED 75000
NEW PLAN EXCEL COM 648053106 398 25159
SH DEFINED 25159
PARAMETRIC TECHNOLOGY COM 699173100 100 3694
SH DEFINED 3694
PROLOGIST TRUST COM 743410102 4481 225000
SH DEFINED 225000
SL GREEN REALTY CORP 78440X101 844 38800
SH DEFINED 38800
PUBLIC STORAGE, INC COM 74460D109 9354 412300
SH DEFINED 412300
RECKSON ASSOC REALTY COM 75621K106 5894 287500
SH DEFINED 287500
ROUSE CO, THE COM 779273101 76381 3594382
SH DEFINED 3594382
SIMON PROPERTY, GRP COM 828806109 14471 630900
SH DEFINED 630900
SPIEKER PROPERTIES COM 848497103 10184 279500
SH DEFINED 279500
STARWOOD HOTELS COM 85590A203 17383 739700
SH DEFINED 739700
STORAGE USA, INC COM 861907103 1074 35500
SH DEFINED 35500
TAUBMAN CENTERS, INC COM 876664103 2154 200400
SH DEFINED 200400
TELLABS, INC COM 879664100 1020 15893
SH DEFINED 15893
URBAN SHOPPING CENTER COM 917060105 5753 212100
SH DEFINED 212100
VICORP RESTAURANTS COM 925817108 231 14407
SH DEFINED 14407
WHX CORP COM 929248102 7 782
SH DEFINED 782
</TABLE>
