Tennessee Department of the Treasury, Nashville, rehired Townsend Group as real estate consultant for the $40 billion Tennessee Consolidated Retirement System, Blake Fontenay, spokesman for David H. Lillard Jr., state treasurer, said in an e-mail.
The department issued an RFP in April because Townsend’s contract was to expire on June 30.
Other finalists were Courtland Partners and Pension Consulting Alliance.