Foreign investors are beginning to explore real estate opportunities outside the global gateway markets, expanding the appetite for deals in cities such as Seattle, Houston and Dallas.

"Investors outside the U.S. have not looked at these markets much before because they are unfamiliar to them. It would be like any U.S. investor going to China. They know about Shanghai and Beijing, but what about Dalian?" Peter DiCorpo, Americas head of separate accounts for....

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