SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): September 25, 1997
THE GUARDIAN REAL ESTATE ACCOUNT
OF
THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 33-22548 13-2656036
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(State or other jurisdiction of (Commission (IRS Employer Identification
incorporation or organization) File Number) No.)
201 Park Avenue South, New York, New York 10003
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number: 212-598-8000
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Item 2. Acquisition or Disposition of Assets
(a) On September 25, 1997, The Guardian Insurance & Annuity Company, Inc.
("GIAC"), on behalf of the Account, sold a warehouse/office building located at
955 Cobb Place Boulevard, Kennesaw, Georgia (the "Property"), for a cash
purchase price of approximately $4,968,000. The purchaser of the Property is FR
Acquisitions, Inc.
The amount of consideration paid for the Property is based on the
valuation made by the purchaser as of the date of the purchase and sale
agreement between the parties. In anticipation of the termination of the Account
on or before December 31, 1997, the sale proceeds will be invested in short-term
commerical paper or other short-term debt instruments.
Item 7. Financial Statements and Exhibits
Not applicable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
THE GUARDIAN REAL ESTATE ACCOUNT OF
THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC.
Dated: October 9, 1997 By: /s/ JOHN M. SMITH
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John M. Smith
Executive Vice President
