TIAA-CREF to Acquire 70% Interest in 225 Binney Street in Cambridge, MA via JV with Alexandria Real Estate Equities, Inc.

TIAA-CREF, a leading U.S. financial services organization and the nation’s largest manager of U.S. institutional tax-exempt real estate assets*, today announced it has agreed to acquire a 70% stake in 225 Binney Street in Cambridge, MA from Alexandria Real Estate Equities, Inc