Orlando

The undeveloped property at the northeast corner of South Lakewood Drive and Brandon Parkway will have 600 multifamily units and 75,000 square feet of mixed-use buildings and stores on 55 acres, which is one of the largest remaining undeveloped parcels in Brandon.

Commercial brokerage firm JLL reports that Whitley Capital expects to break ground on the first phase of the project in early 2020.

The firm's fund, Black Creek Diversified Property Fund, expands its footprint with 49 total properties.

Laramar Group, which has offices in Chicago and Denver, acquired the 379 units at the 432-unit condominium for $49.65 million from Aspen Square Management of West Springfield, MA.

The 454-unit Tampa, FL portfolio is the first joint venture transaction between the two firms.

The 486-unit Opportunity Zone project in Jacksonville, FL is set to break ground later this year.