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JLL Capital Markets Investment Sales Advisory Team Closes $5 Million Land Sale for 230-Unit Multifamily Development in Cary, North Carolina

CHICAGO, IL - JLL announced today that it has closed the $5 million land sale for a 5.77-acre, infill development opportunity zoned for multifamily, part of Twin Lakes Center in Cary, North Carolina.
JLL marketed the property on behalf of the seller, Leyland Twin Lakes, LLC. SunCap Property Group (“SunCap”) acquired the property.
Situated along Davis Drive, the site is located within the Twin Lakes Planned Development District (PDD), which also includes a new 100,000-square-foot. ....

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