-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 654+qNvZMj3d2oxeJZQcjw==

<SEC-DOCUMENT>0000930413-05-003513.txt : 20050510
<SEC-HEADER>0000930413-05-003513.hdr.sgml : 20050510
<ACCEPTANCE-DATETIME>20050510150052
ACCESSION NUMBER:		0000930413-05-003513
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050506
FILED AS OF DATE:		20050510
DATE AS OF CHANGE:		20050510

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Feldman Mall Properties, Inc.
		CENTRAL INDEX KEY:			0001299901
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				134284187
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3225 NORTH CENTRAL AVENUE, SUITE 1205
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85012
		BUSINESS PHONE:		602 277 5559

	MAIL ADDRESS:	
		STREET 1:		3225 NORTH CENTRAL AVENUE, SUITE 1205
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85012

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA
		CENTRAL INDEX KEY:			0000315038
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32365
		FILM NUMBER:		05815991

	BUSINESS ADDRESS:	
		STREET 1:		730 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124909000

	MAIL ADDRESS:	
		STREET 1:		730 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>c37373_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2005-05-06</periodOfReport>

    <dateOfOriginalSubmission>2004-12-17</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001299901</issuerCik>
        <issuerName>Feldman Mall Properties, Inc.</issuerName>
        <issuerTradingSymbol>FMP US</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000315038</rptOwnerCik>
            <rptOwnerName>TEACHERS INSURANCE &amp; ANNUITY ASSOCIATION OF AMERICA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>730 THIRD AVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1367000</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>583000</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>registered investment companies and private funds</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">See Remarks.</footnote>
    </footnotes>

    <remarks>The Issuer issued, 1,637,000 additional shares, which resulted in a decrease of Teachers Insurance and Annuity Association of
America's (&quot;TIAA&quot;) and its affiliated entities' ownership level from 17.86% to 15.53%. TIAA presently holds 1,367,000
shares of Issuer's common stock for the benefit of TIAA Real Estate Account, a separate account of TIAA. In addition, TIAA,
as the parent of two registered investment advisers, may be deemed to have indirect voting or investment discretion over
583,000 shares of Issuer's common stock that are beneficially owned by three registered investment companies-College
Retirement Equities Fund (&quot;CREF&quot;), TIAA-CREF Institutional Mutual Funds (&quot;Institutional Funds&quot;), and TIAA-CREF Life Funds
(&quot;Life Funds&quot;), as well as the TIAA-CREF Asset Management Commingled Funds Trust I (&quot;TCAM Funds&quot;)-whose investment advisers
are TIAA-CREF Investment Management, LLC (in the case of CREF) and Teachers Advisors, Inc. (in the case of Institutional
Funds, Life Funds and TCAM Funds), both of which are wholly owned subsidiaries of TIAA. The filing of this statement should
not be construed as an admission that TIAA is, for the purpose of Sections 13 or 16 of the Securities Exchange Act of 1934,
the beneficial owner of the shares held by Life Funds, Institutional Funds, TCAM Funds, and CREF.</remarks>

    <ownerSignature>
        <signatureName>/s/ Maureen M. Milet</signatureName>
        <signatureDate>2005-05-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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