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The sale is part of the REIT's strategy to sell off non-core assets in order to invest into its development projects and share repurchase program.

Hines' $182 million refinance of an Orange County office property gives some insight into how the debt markets are working.

Isacc Zion is leaving to pursue new opportunities. Meanwhile, the REIT has its own initiatives to handle.

"At 15.5%, Houston has one of the highest five-year growth rates in life sciences establishments in the United States," Hines Senior Managing Director John Mooz said.

The Wylie class-A self-storage facility was an opportunistic investment for Trez Capital's growing portfolio with Hines and it also fits with Hines' strategy to acquire visible properties in rapidly growing cities such as Wylie.

On its heels were Brookfield Asset Management, PGIM Real Estate, Nuveen and Hines, according to a survey published by ANREV, INREV and NCREIF.

The company will create 1,500 new jobs at the Hines and Invesco Real Estate development, within the Midtown Atlanta market.

NEW YORK—SL Green Realty has announced two deals in the last 24 hours. In one, the REIT has entered into a contract to sell its recently repositioned…