MassPRIM considers re-upping with Townsend for consulting services
The real estate and timber committee for the Massachusetts Pension Reserves Investment Management Board, which manages Massachusetts’ $59.7 billion Pension Reserves Investment Trust, has recommended the selection of The Townsend Group to provide general real estate and timber consulting services for MassPRIM for a three-year term. A vote on the recommendation is expected to be made at MassPRIM’s Aug. 12 board meeting.
Townsend has provided real estate and timber consulting services for MassPRIM for the past three years, but its current contract is set to expire on Aug. 1. An RFP for the position was published in April, and, as the incumbent consultant, Townsend was allowed to reapply