Texas Teacher Retirement System, Austin, committed $262.5 million to Parkway Properties Office Fund II pending partnership agreement negotiations, according to Parkways website. Parkway CFO Mitchell Collins could not be reached by press time. TRS spokesman Howard Goldman did not return a call on the matter by press time.
Separately, Ken Welch was named CFO of the $110 billion system, Mr. Goldman confirmed in an e-mail. He replaced Tony Galaviz, who retired. Mr. Welch was the director of budget and fiscal policy for the Texas Health and Human Services Commission.