SAN FRANCISCO-With $600 million in equity, Shorenstein Co. has closed Shorenstein Realty Investors Six, the largest fund sponsored by the company to date. In addition to Shorenstein’s $75 million capital investment, investors in the fund include foundations, college endowments, pension funds and high net worth individuals.

SRI Six will invest in large Class A office assets in major markets the United States using acquisition debt in the range of 60-65% of cost. “With our fifth fund about to be fully invested and the downturn in the national economy beginning to have an identifiable impact on capital flows in the Class A office sector,” says chairman and CEO Douglas Shorenstein, “we feel that the timing of the equity raise for SRI Six affords us a tremendous opportunity to build yet another successful investment portfolio.”

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