Home INDUSTRY news Massachusetts PRIM Buys 21 Acres in Santa Clara for $112.25MM
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Massachusetts PRIM Buys 21 Acres in Santa Clara for $112.25MM

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Massachusetts Pension Reserves Investment Management Santa Clara Redevelopment Authority Silicon Valley DivcoWest Properties The Irvine Company
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(Dec. 22, 2016) The Massachusetts Pension Reserves Investment Management (PRIM) Board and the Santa Clara (California) Redevelopment Authority closed Dec. 21, 2016 on PRIM’s purchase of 21 acres and a related ground lease in Santa Clara for $112.25 million in cash. The purchase represents the PRIM Board’s first direct investment in real estate and is […]

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