Last Updated: May 13, 2004 11:38pm ET

Gov. Orders Review of State-Owned Real Estate, Management

By Brian K. Miller

SACRAMENTO-Saying the process for managing hundreds of billions worth of state-owned assets is “deficient,” Gov. Arnold Schwarzenegger issues an executive order calling for a thorough accounting of the state’s real estate assets, including high-value urban properties that might be sold, as well as a review of the management process in general.

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