Partial records released: TRS rent starts at $326,000 per month
FOIFT2020-01-27T14:47:17-06:00By Bob SechlerAustin American-StatesmanOriginally published Jan. 24, 2020 The Teacher Retirement System of Texas has disclosed partial costs of its office lease in an upscale high-rise under construction in downtown Austin, seven months after the American-Statesman first asked for financial details about it and the state agency sought to keep it secret. The starting base lease rate disclosed by the retirement system — which has an investment relationship with one of the developers of the 36-story Indeed Tower going up on West Sixth Street — equates to about $326,000 per month initially. That rate is below the current average for top-end [...]