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Nuveen, the investment manager of TIAA and one of the largest real estate managers in the world, with $141 billion in real estate assets under management, has announced the closing of a separately managed account for the California State Teachers’ Retirement System (CalSTRS) to invest in self-storage assets across the United States. This strategic collaboration includes an initial equity commitment of $150 million from CalSTRS, alongside a 10 percent equity commitment of $16.6 million from the TIAA General Account for a total allocation of $166.6 million.