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Mass PRIM Buys Office Building in Sunnyvale and Commits to New DivcoWest Fund

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Westcore, DRA Advisors, Silicon Valley, San Jose, Fremont, Northern California, Oakland, M West, DivcoWest, TPG Real Estate, Mission West Properties
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By Jon Peterson Boston-based Massachusetts Pension Reserves Investment Management Board has expanded its real estate portfolio in the San Francisco Bay Area over the past month. The pension fund acquired the 166,000 square foot 525 Almanor Avenue office building in Sunnyvale for $94.6 million or $570 per square foot, according to sources familiar with the […]

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