MG3 Group Acquires 79.6 Acre Industrial Property In Jupiter For $78M

The industrial property located at 15998 Walgreens Drive in Jupiter has been sold in a recent transaction. The property spans across an area of 79.6 acres and is situated in a prime location.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $78,000,000
• Square Footage: 683,300
• Price per Square Foot: $114
• Date: 11/28/2022
• Market: Jupiter

The buyer of this property is MG3 Group, represented by Marcelo Saiegh, Gustavo Bogomolni, and Hernan Leonoff. On the other hand, the seller is Walgreens Co. The sale of this industrial property was facilitated by brokers Jose Lobón and Maury Vanden Eykel from CBRE.