The schedule of investment (“SOI”) of the TIAA‐CREF Real Property Fund, LP and its subsidiaries attached to this Form N‐PORT Part F filing (the “RPF SOI”) do not constitute part of the Funds’ SOI.
Consolidated Schedule of Investments (In thousands) Real Estate Investments Fair Value as of Type/Investment Name City, State August 31, 2022 May 31, 2022 (unaudited) Industrial (33%) Cooper I-20 Distribution Center Arlington, TX $ 125,270 $ 125,170 Chicago Industrial Joliet, IL — 93,100 Philadelphia Street Industrial Ontario, CA 96,300 90,600 Bridgeway Technology Center Palm Beach Gardens, FL 65,800 64,900 Temple City New York, NY 72,700 71,800 West Coast Industrial Portfolio Fremont, CA; Hayward, CA; Kent, WA 70,000 67,000 51 Commerce Drive Cranbury, NJ 49,900 49,100 190 Mechanic San Diego, CA 44,400 43,600 1165 Vaughn Parkway Portland, TN 41,360 40,760 Corona Industrial Portfolio Bellingham, MA 40,800 41,400 157 & 165 Grove Street Boston, MA 35,011 32,700 VPET - 3839 Distribution Drive Garland, TX 23,700 23,700 Airtex Commerce Center Corona, CA 21,400 20,600 525 Marathon Parkway Atlanta, GA 14,000 12,900 Total Industrial 700,641 777,330 (cost: $396,979 and $469,518) Multifamily (28%) Laurels at Jacaranda Plantation, FL 160,000 153,000 Villas on the Boulevard Santa Clara, CA 106,031 104,000 Atlantic at East Delray Delray Beach, FL 98,900 98,300 Line 28 at LoHi Denver, CO 64,500 62,604 Variant Minneapolis, MN 52,100 51,900 The Cue Seattle, WA 46,200 48,500 Village Green at Littleton Littleton, MA 52,509 49,208 Total Multifamily 580,240 567,512 (cost: $444,886 and $443,275) Office (20%) Millennium Towers Seattle, WA 118,400 122,400 86 Chambers New York, NY 62,200 64,500 539 Bryant San Francisco, CA 58,100 61,200 1840 Victory Blvd Glendale, CA 53,800 53,800 3379 Peachtree Atlanta, GA 38,838 38,955 80 South Lake Pasadena, CA 33,213 33,252 The Yard 5825 San Diego, CA 28,400 28,700 Evergreen MOB Millcreek, UT 20,200 20,800 Total Office 413,151 423,607 (cost: $418,020 and $415,403) TIAA-CREF Real Property Fund LP 7
Consolidated Schedule of Investments (continued) (In thousands) Fair Value as of Type/Investment Name City, State August 31, 2022 May 31, 2022 (unaudited) Retail (14%) 10 Madison Square West New York, NY $ 95,000 $ 95,000 201 Newbury Street Boston, MA 66,261 66,112 Marlton Square(1) Marlton, NJ 45,976 46,700 Promenade Plaza Palm Beach Gardens, FL 51,950 51,190 Total Retail 259,187 259,002 (cost: $278,421 and $277,672) Total Real Estate Investments $ 1,953,218 $ 2,027,451 (cost: $1,538,306 and $1,605,868) (1) The investment has a mortgage loan payable outstanding, as indicated in Note 8. Real Estate Joint Venture(2) Fair Value as of Type/Investment Name City, State August 31, 2022 May 31, 2022 (unaudited) Industrial (4%) Pico Rivera Commerce Center (95% Account Interest) Pico Rivera, CA 90,152 84,388 Total Industrial 90,152 84,388 (cost: $54,376 and $53,797) Total Real Estate Joint Ventures Investments $ 90,152 $ 84,388 (cost: $54,376 and $53,797) Total Investments $ 2,043,371 $ 2,111,839 (cost: $1,592,679 and $1,659,665) (2) Joint venture investments are represented at the net equity value. TIAA-CREF Real Property Fund LP 8