Texas Teachers buys Alpha Building in Austin

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 . . .

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