Plymouth County greenlights $35m commitment to TA Realty Core Property Fund

Plymouth County (Mass.) Retirement Retirement Association has approved a $35 million commitment to TA Realty Core Property Fund, an open-end property fund managed by TA Realty.

The fund opened to investors in 2018 and had collected $816.1 million in capital commitments as of October 2019. The fund follows a core investment strategy and targets properties throughout the United States.

TA Realty has managed, acquired or invested more than $30 billion since 1982, according to the firm’s website. TA Realty’s core open-end strategy aims to construct and operate a diversified portfolio of institutional-quality, core real estate holdings in major U.S. metropolitan areas, with an emphasis on steady income generation.

Plymouth County could not be reached to comment on its recent investment activity.