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15132 Park Of Commerce Boul...

Updated Sep 28, 2026

Nathan Albers Acquires Industrial Asset In Jupiter For $19.25M With David Burck As Buyer's Rep
SOLDIndustrial

Nathan Albers Acquires Industrial Asset In Jupiter For $19.25M With David Burck As Buyer's Rep

15132 Park Of Commerce Boulevard

$19,250,000

$187/SF

Building Size

102,503 SF

Asset Type

Industrial

Closing

Sep 21, 2026

About this deal

AI

The industrial asset located at 15132 Park of Commerce Boulevard in Jupiter was sold for $19,250,000. The property spans 102,503 square feet, resulting in a price per square foot of $187.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $19,250,000
  • Address: 15132 Park of Commerce Boulevard
  • Market: Jupiter
  • Square Footage: 102,503
  • Price per Square Foot: $187
  • Buyer: Nathan Albers
  • Seller: Ken Gaul
  • Buyer’s Representative: David Burck - Compass
  • Seller’s Representatives: Scott O'Donnell, Mike Ciadella & Greg Miller - Cushman & Wakefield; Steve Garine - Compass

The transaction involved key individuals including Nathan Albers as the buyer and Ken Gaul as the seller. David Burck represented the buyer through Compass, while the seller was represented by a team that included Scott O'Donnell, Mike Ciadella, and Greg Miller from Cushman & Wakefield, along with Steve Garine from Compass.

On the Map

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$19,250,000

$187/SF

Industrial

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Players

Miguel Alcivar

Cushman & Wakefield

Broker

$1.1B

vol

42 deals

Broker
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Jupiter Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $187 per square foot on a published $19.3M for 102,503 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.82%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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