New York State Common Retirement Fund, Albany, closed on a $50 million commitment to MeriTech Capital Partners II and purchased two properties as part of the $127 billion funds joint venture with Lexington Corporate Properties: a 247,254-square-foot office building near Dallas for $42.5 million; and two office buildings totaling 251,075 square feet near Orlando, Fla., for $42.1 million. The fund also bought an interest in a 21-story office tower in Boston with a total purchase price of $98 million. Officials from the fund did not return phone calls seeking comment on how much the fund invested in the office building.
New York State Common Retirement Fund, Albany, closed on a $50 million...
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