Cushman & Wakefield Brokers Sell Palm Beach Development Site For $63.3M In Jupiter

A development site located at Palm Beach Park of Commerce in Jupiter has been sold for a total of $63,325,000. The property spans 81.1 acres and has a price per acre of $780,826. The transaction took place on June 29, 2021.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $63,325,000
• Address: Palm Beach Park of Commerce, Jupiter
• Market: Jupiter
• BSF (Building Square Footage): 1,000,000
• Price per Building Square Footage: $63
• Acres: 81.1
• Price per Acre: $780,826

The sale was facilitated by the brokerage firm Cushman & Wakefield, with the following brokers representing the deal: Zachary Eicholtz, Brooke Tulley, Mike Davis, Rick Brugge, Rick Colon, and Dominic Montazemi.