Metzler Real Estate, sold TechRidge Five, a light industrial property in Austin, Texas to the investor group GH TechRidge Five, Inc. for $24 million.
Bloomberg: Houston Makes Top 5 as Boom Lures Foreigners: Real Estate
"Houston has risen to the top of the pile as investors look for good current returns with reasonable appreciations," said Donald Wise, CEO of Seattle-based Metzler
GlobeSt.com: Foreign Capital Finds a Home in the US
CANNES France - Don Wise, president and CEO of Metzler Realty Advisors, [...] talks about the firm's strategy and how that is likely to expand