TIAA-CREF Individual & Institutional Services, LLC 730 Third Avenue New York, NY 10017-3206 Angela Kahrmann Senior Managing Director, President and Chief Executive Officer 860-723-8609 (tele) Angela.Kahrmann@tiaa.org

April 27, 2020

VIA EDGAR

(202) 551-3207

Division of Corporation Finance

Office of Real Estate & Construction

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549-4644

Mail Stop 3233

Attention: Ronald Alper, Staff Attorney

Re: TIAA Real Estate Account Pre-Effective Amendment No. 1 to

Registration Statement on Form S-1 (as amended, the “Registration

Statement”) (File No. 333-237134)

Commissioners:

Pursuant to Rule 461 under the Securities Act of 1933, the undersigned, as principal underwriter for the TIAA Real Estate Account (the “Company”), hereby joins a request by Teachers Insurance and Annuity Association of America, on behalf of the Company, to accelerate the effectiveness date of the above-captioned Registration Statement for certain variable annuity contract units as soon as reasonably practicable by 10:00 a.m. ET on Thursday, April 30, 2020.

Very truly yours,

TIAA-CREF INDIVIDUAL & INSTITUTIONAL

SERVICES, LLC

By: /s/ Angela Kahrmann

Name: Angela Kahrmann

Title: Senior Managing Director, President and Chief Executive Officer

FST/fst

cc: F. Scott Thomas, Esq. (via interoffice)