CalSTRS in March acquired five properties with a total value of $259...

CalSTRS in March acquired five properties with a total value of $259 million. The biggest buy was Pacific Northwest Group A, a $138.5 million industrial property in Seattle, acquired by manager Lend Lease. Other purchases were: a $42.1 million apartment building in Orange County, Calif., by SSR Realty; a $35.6 million apartment building in West Palm Beach, Fla., by MIG; a $28.4 million office building in Denver, by Heitman; and a $14.3 million apartment building in Newark, N.J., by SSR. The $100 billion California State Teachers’ Retirement System, Sacramento, also sold a $21.1 million apartment building in Denver; that transaction was handled by SSR.