Bridgeland has gathered interest from second- and third-time move-up buyers, empty-nesters, and professionals and families looking for a connection to nature, and access to Houston, schools, retail and employment.

With a healthy supply of office space in the L.A. market, tenant brokers say that landlord reps should abandon the no-quote strategy on marketing materials.

National Storage Affiliates Trust and Heitman Capital Management have secured two institutional lenders to provide approximately $643 million in 10-year secured debt to fund part of the acquisition.