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Principal Puts Equity Investment for Development in Millbrae in Core Open-Ended Fund

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By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has made an un-disclosed equity investment into the $335.6 million development project in Millbrae called Gateway at Millbrae Station for its core open-ended commingled fund, the $11 billion Principal U.S. Property Account. Rod Vogel, senior managing director with Principal, said, “While our commingled fund does […]

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