CHICAGO—The net lease sector as a whole is becoming more popular, especially retail properties, as many investors planning for retirement search for higher yields.

HOUSTON—Smith's role is to contribute to eastern US growth, as well as support business development initiatives throughout the country.

SEATTLE—Locally-focussed firm to blans to erect two 400-foot apartment towers on the half-block site, featuring 850-950 units plus ground-level retail.

LADERA RANCH, CA—Completion of the merger adds 122 owned and 43 managed stores to the Extra Space Storage business, and provides return for SmartStop investors.