Texas Teacher Retirement System to Spend $326K a Month on Rent
$360,000 per month seems reasonable – right? It is extremely important that the retirement system have office space in absolutely the most prime bit of real estate in Austin.
(From The Texas Scorecard)
Beginning in 2021, TRS will be charged just over $326,000 monthly for their rent of the space. That charge will increase to over $383,000 towards the end of the contract.