Metlife investment management and norges bank investment management announce $825.1 million acquisition of one memorial drive

Cambridge, mass.--(business wire)--metlife investment management (mim), the institutional asset management business of metlife, inc. (nyse: met), and norges bank investment management (nbim), the asset management division of norges bank, today announced the acquisition of one memorial drive in cambridge, massachusetts for $825.1 million. the transaction represents the largest single-asset u.s. office transaction to date in 2021, according to data provider costar. one memorial drive is a 17-stor
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