Teacher Retirement System of Texas Headquarters sold for $108 million

1 month ago 27
Teacher Retirement System of Texas sells Downtown Austin headquarters for $108 million

TRS goals to assist educators by investing belongings, managing and delivering advantages to those that want to full their instructing profession.

TRS will stay within the constructing till its new headquarters Mueller enterprise district is prepared for occupancy. In keeping with a press launch, the brand new location will get monetary savings on downtown rental prices and provides workers extra workplace area.

“Occupancy of the Alpha constructing on the new facility is anticipated to start in summer season 2023, with the remaining TRS workers relocating to the adjoining Bravo constructing in late 2024,” TRS stated in a press launch.

TRS’ Pink River headquarters housed simply over 200 workers and 300,000 members when it started within the 1970s. As we speak, TRS has almost 1,000 workers and almost 1.9 million members.

A regional workplace is anticipated to open in November 2022 in El Paso, Texas.

https://www.kvue.com/article/information/native/retirement-system-sells-downtown-headquarters/269-35cac9ba-7eda-4430-9030-6ebca953ee99 Trainer Retirement System of Texas Headquarters offered for $108 million

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