The free program helps investors fulfill the firm's social-impact fiduciary duties and helps lengthen resident occupancy.

The logistics center has site plan approval for up to four buildings between 150,000 square feet and 477,000 square feet, or a single 1.1-million-square-foot site.

The years-long tight market has hurt commercial real estate asset classes, with higher vacancy rents, lower asking rates and greater concessions, according to a report last year from JLL.

Corvias will be responsible for the development and management of the student housing project. Other partners include Dirk Denison Architects for the design and Gilbane Building Co. for the construction of the Bailey Hall renovation.