The $300 million, ultra-luxury mixed use tower will include condominium residences, and long- and short-term residences with separate lobbies and entrances.

In addition to 801 Washington Ave, Sitex recently added two warehouse/distribution facilities in New York – one in Queens and one in Long Island City – to its portfolio.

“New Jersey historically has been a life science hub, and the industry continues to play a major role in the state's economy,” says Jason Price, director, Cushman & Wakefield's Tri-State Suburbs Research.

“This area of West Loop continues to emerge and the neighborhood is really establishing itself," says JLL's Melissa Rubenstein.

Truman Village Apartments offers a park-like setting with a large pet-friendly community, playground and personal patios.

The $120 million project developed by BET Investments will bring 402 luxury apartments, a 500-car garage and 150,000 square feet of town center shops to a 25-acre site in eastern Montgomery County.

Boulder says the rise in cap rates is mainly due to investor concern about the evolving retail environment, store footprints for big box retailers and the cost associated with filling big box properties.

Gov. Matt Bevin signed Kentucky's P3 legislation in 2016, giving the Commonwealth one of the broadest and most comprehensive P3 laws in the country, for projects that repay funding from revenue they generate.