17.10.2008 - Mass PRIM makes additions in real estate
From IPE: Massachusetts Pension Reserves Investment Management Board has selected a new real estate consultant and added an office building to its real estate portfolio. The pension fund appointed Callan Associates as its new real estate consultant following its 8 October board meeting, replacing The Townsend Group. Mass PRIM has also recently paid $28.8m (€21.2m) for the Torre Plaza office building in Cupertino, California - part of the office market in San Jose - to sit inside its value-added portfolio..... Full Article: Source
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