Marcus & Millichap Sells Johnson Controls Building In Jupiter, Florida For $5.4M

Marcus & Millichap has sold the Johnson Controls Building, a 20,000-square-foot industrial property in Jupiter, Florida. The property is located at 1830 Park Lane South in the Jupiter Park of Commerce. The single-tenant office/warehouse space was constructed in 2004 and sits on approximately 1.89 acres of land. The property was sold for a total price of $5.4 million, resulting in a price per square foot of $270.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $5,400,000
• Address: 1830 Park Lane South, Jupiter, Florida
• Market: Jupiter
• Size: 20,000 square feet
• Price per Square Foot: $270
• Acres: 1.89

The sale of the Johnson Controls Building was facilitated by C. Todd Everett from Marcus & Millichap. Hunter Campbell from Bruner Group represented the buyer in this transaction.