facebook
Traded Co logo
Submit

MDH Partners Acquires Industrial Property In Jupiter For $27.2M

Property Image
SOLD
$27,200,000

Florida

See Similar Deals
Industrial218,000 SF
Sold 12/10/2020
the dealplayerscompscontact
Property Image
SOLD

MDH Partners Acquires Industrial Property In Jupiter For $27.2M

15335 Park of Commerce Boulevard, Jupiter, FL, USA

See Similar Deals
Industrial218,000 SF
Sold 12/10/2020
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$124
Total Square Footage:218,000 SF
Transaction Type:Sale

The industrial property located at 15335 Park of Commerce Boulevard in Jupiter has been sold in a recent transaction. The property, measuring approximately 218,000 square feet, was sold for a price of $27,200,000, resulting in a price per square foot of $125. The sale took place on December 10, 2020.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $27,200,000

The buyer of the property was MDH Partners, represented by Jeff Small Jr. On the other hand, the seller was TPA Group, represented by J. Bradford Smith.

Players

BROKERAGE

JJ
6 deals$396.7M volume
BUYER

Bradford Smith
4 deals$152.9M volume
SELLER

Details

SOLD
IMAGE: Jeff Small Jr. & J. Bradford Smith DATE: 12/10/2020 ADDRESS: 15335 Park of Commerce Boulevard MARKET: Jupiter ASSET TYPE: Industrial BUYER: MDH Partners - Jeff Small Jr. SELLER: TPA Group - J. Bradford Smith PRICE: $27,200,000 SF: 218,000 ~ PPSF: $125

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,450,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$96,635.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$128,941.88
Annual Debt Service$1,547,302.52