The $202 billion Teacher Retirement System of Texas (TRS) bought the Alpha Building in Austin from Shorenstein Properties LLC under undisclosed terms.
"TRS looks forward to serving members in our new Austin location. The campus in the Mueller development ensures the System's growing membership will have improved access to counseling staff and other services outside busy downtown Austin," said Brian Guthrie, executive director of TRS.
The Alpha Building is located north of downtown Austin in Mueller, a 750-acre, pedestrian-oriented, mixed-use community that is located alongside the city . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators