APRIL 3, 2014

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MassPRIM issues RFP for real estate and timber consultant

by Reg Clodfelter

The Massachusetts Pension Reserves Investment Management Board, which manages Massachusetts’ $58.2 billion Pension Reserves Investment Trust, has approved an RFP for real estate and timberland consulting services. A spokesperson for MassPRIM confirmed the approval. MassPRIM’s real estate and timberland committee voted unanimously to recommend that the board approve the issuance of the RFP in March.

The approved RFP may be posted to MassPRIM’s website as early as April 14, thought it is not certain at this time. MassPRIM issues an RFP for consulting services every three years and is open to hiring more than one consultant. The incumbent consultant, The Townsend Group, will be eligible to rea

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