Green Touch Builders | TIAA-CREF, Norges team up to tackle another multimillion-dollar acquisition in D.C.
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March 26, 2015 By SEO Admin

TIAA-CREF, Norges team up to tackle another multimillion-dollar acquisition in D.C.

TIAA-CREF and Norges Bank Investment Management have inked another multimillion-dollar real estate deal in D.C. with their combined acquisition of Republic Square I for $307 million, adding to an already impressive portfolio that includes PNC Place and the Hall of the States.

TIAA-CREF acquired a 50.1 percent interest in 25 Massachusetts Ave. NW — which is leased by tenants including Google Inc., the American Medical Association and General Motors Co. — while Norges acquired a 49.9 percent stake.…