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Deloitte LLP predicts overall 2018 holiday sales will climb anywhere from 5% to 5.6%, while e-commerce sales will soar between 17% to 22%.

Since P3 Properties acquired the four-building complex last year, occupancy has risen more than 13 percent, according to its owners.

With limited supply, urban in-fill generational triple net assets leased to top-tier credit tenants in hot markets such as Los Altos continue to be in high demand and many sales are off-market.

"With new capital made available through this financing and positive momentum in the Midtown market, we feel the property is well positioned for continued success," says Square Mile Capital's Eric Cohen.

All of the student housing buildings are expected to begin operations by the fall of 2020, with the exception of the Octave at the University of Illinois Urbana-Champaign project, which is scheduled for a fall 2019 occupancy.

The Mayo Clinic is partnering with Singapore-based Pontiac Land on the $190-million project that will also include hotel space.

SkyHouse Denver also includes 6,650 square feet of street-level retail and parking for 485 vehicles.

The 3,787-unit, Class B portfolio is located around Seattle, Portland, Los Angeles and Denver.