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

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SOLD
$63,325,000
Rick Brugge
Mike Davis
+ 3

Florida

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Development Site1,000,000 SF
Sold 06/29/2020
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Property Image
SOLD

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

Park of Commerce Boulevard, Jupiter, Florida 33478, United States

See Similar Deals
Development Site1,000,000 SF
Sold 06/29/2020
Rick Brugge
Mike Davis
+ 3
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$63
Total Square Footage:1,000,000 SF
Transaction Type:Sale

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.

Players

Dominic Montazemi
90 deals$4.2B volume
BROKER

Mike Davis
Cushman & Wakefield
65 deals$3.6B volume
BROKER

Rick Brugge
Cushman & Wakefield
65 deals$2.8B volume
BROKER

Brooke Tulley
Cushman & Wakefield
7 deals$680.9M volume
BROKER

Rick Colon
Cushman & Wakefield
55 deals$2.7B volume
BROKER

Zachary Eicholtz
Cushman & Wakefield
17 deals$1.1B volume
BROKER

Details

SOLD
IMAGE: Mike Davis, Brooke Tulley, Dominic Montazemi, Rick Brugge, Rick Colon & Zachary Eicholtz DATE: 06/29/2021 ADDRESS: Palm Beach Park of Commerce MARKET: Jupiter ASSET TYPE: Development Site BROKERS: Zachary Eicholtz, Brooke Tulley, Mike Davis, Rick Brugge, Rick Colon & Dominic Montazemi - Cushman & Wakefield SALE PRICE: $63,325,000 BSF: 1,000,000 ~ PPBSF: $63 ACRES: 81.1 ~ PPA: $780,826

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