CalSTRS Looking for New Offices

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(Sacramento, CA)
Wednesday, September 1, 2004
Known as CalSTRS, the teachers’ retirement system needs more than 300,000 square feet of office space for the staff that oversee its investments – more than $116 billion. CalSTRS has been looking for sites for some time, restricted to locations in Sacramento County. But on Tuesday Governor Schwarzenegger signed a bill sponsored by State Senator Mike Machado, whose district includes West Sacramento. It allows the search to include eastern Yolo County. The $45 million project would move 100s of workers from the current site near Sac State.