CalPERS has completed the purchase of a New York office building for $1.9 billion.
Business & Real Estate
By Dale Kasler
February 9, 2016 – 10:18 AM
- Purchase is one of largest real estate investments in fund’s history
- Almost fully leased, building represents conservative strategy
CalPERS has completed one of the biggest real estate investments in its history, purchasing a New York office tower for $1.9 billion.