STRS Ohio acquires a 50 percent stake in 21 India Street

STRS Ohio (AKA Ohio State Teachers Retirement System) has acquired a 50 percent stake in 21 India Street from Mack Real Estate + Palin Enterprises + Urban Development Partners, TRD first reported. The deal includes the rental and retail portion of the Greenpoint building and reportedly values the asset at more than $350 million.

• Dig Deeper: The 40-story building spans 454,502 SF, and is comprised of 287 rentals, 95 residential condos, and a ground-floor retail component.