A Chicago-based development group plans to build a 38-story apartment tower with coworking space at the downtown Miami Worldcenter.

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