“This was an opportunity to acquire a fully leased building in a very tight, Exit 8A submarket that has seen significant rental rate growth in the last 24-36 months,” says Evan Lippow, vice president of investments at CenterPoint.

There's a distinct supply/demand imbalance for apartment assets nationally and in the western US markets, so investors must be creative to find opportunities, Pathfinder's Mitch Siegler tells GlobeSt.com.

There is Houston office investment interest across the board, including healthcare, thanks to improving fundamentals and the fact that better yields can be realized here than in other gateway markets.