Sat Jan 25 19:31:27 2020
<9e126bf3> It’s interesting how much gov entities pay in rent instead of owning the real estate they operate out of: <https://www.statesman.com/business/20200124/trs-rent-starts-at-326000-per-month>
— TRS rent starts at $326,000 per month
— The Teacher Retirement System of Texas has disclosed partial costs of its office lease in an upscale high-rise under construction in downtown Austin, seven months after the American-Statesman first asked for financial details about it and the state agency sought to keep it secret.The starting base lease rate disclosed by the retirement system — which has an investment relationship with one of the developers of the 36-story Indeed Tower going up on West Sixth Street — equates to
<9e126bf3> maybe TRS is about to privatize and become a swanky hedge fund :joy: