Posted on August 20, 2009 - by admin

CalPERS Walks Away

The Wall Street Journal is reporting a target=”_blank” href=”http://online.wsj.com/article/SB125063903854941657.html#mod=todays_us_money_and_investing”Calpers Takes Another Property Hit/a.br /blockquoteThe decision by Calpers, the country’s largest public pension fund by assets, to walk from its investment in the Koin Center, one of Oregon’s tallest buildings at about 509 feet, nicknamed the “mechanical pencil” for its signature shape, also shows that leasing problems are cropping up in even the

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CalPERS Walks Away