DivcoWest, CalSTRS to invest $300M in commercial real estate throughout California, other high-growth markets

DivcoWest Real Estate Services and the California State Teachers’ Retirement System have raised $300 million for a joint venture to acquire commercial real estate throughout California and in other high-job growth cities.

In the 15 years the two have been working together, DivcoWest has put to work more than $1.5 billion of CalSTRS investments into various DivcoWest-sponsored investment vehicles.

“We continue to commit capital to DivcoWest, not only because of our partnership’s financial…

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