California’s massive teachers pension fund is pumping $300 million into commercial real estate, with a focus on the tech sector. The California State Teachers’ Retirement System is starting the venture with longtime investment partner Divco West Real Estate Services, Bloomberg reported. Divco West has invested $1.5 billion of CalSTRS funds over the last decade and a half. The venture will focus on commercial properties in core and core plus assets in markets in five states […]
source https://therealdeal.com/la/2018/05/14/calstrs-bets-300m-on-real-estate-with-longtime-partner-divco/#new_tab
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