The Brookline (Mass.) Retirement System is searching for a value-added...

The Brookline (Mass.) Retirement System is searching for a value-added real estate manager to run between $5 million and $11 million, confirmed Frank Zecha, director of the $200 million plan. Funding will likely come from a general redistribution, and no managers will be terminated, Mr. Zecha said. The plan's existing real estate allocation is $20 million, split between Bailard and Massachusetts PRIM, he said. The RFP is available on consultant Meketa Investment Group's website at www.meketagroup.com/mgrCenter.php. Proposals are due 4 p.m. EDT Oct. 13. No selection date was available.