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Article: First Washington/CalPERS Shopping Center Portfolio to be Sold for $2.74 Billion; Regency Centers and Macquarie CountryWide the Buyers.
- Article from:
- PR Newswire
- Article date:
- February 14, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BETHESDA, Md., Feb. 14 /PRNewswire/ -- First Washington Realty, Inc., of Bethesda, Maryland, announced today that it has entered into a definitive agreement with a joint venture of Regency Centers Corporation and Macquarie CountryWide Trust of Australia to sell, on behalf of itself and its joint venture partner, the California Public Employees' Retirement System (CalPERS), a nationwide portfolio of neighborhood and community shopping centers comprised of 101 centers, totaling approximately 13 million square feet, for a purchase price of approximately $2.74 billion. Closing is anticipated to take place in approximately 90 days.
A spokesperson for First ...
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Article: Calpers health plan faces exit of local cities.(California ...
Los Angeles Business Journal;
July 14, 2003 ;
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... ... coverage next year for less than what Calpers is offering. Most are in Southern California ... now obtain their health coverage through Calpers, taking advantage of the state's massive buying power. Throughout the 1990s, Calpers was able to hold down costs, but that ...
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