Prime Group Holdings Acquires Office Property In Jupiter For $12.3M

The recently closed property transaction in Jupiter involved an office asset located at 150 South U.S. 1. The property spans 38,769 square feet and was sold for a price of $12,300,000, resulting in a price per square foot of $317. The transaction took place on October 28, 2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $12,300,000
• Address: 150 South U.S. 1
• Square Footage: 38,769
• Market: Jupiter

The buyer in this transaction was Prime Group Holdings, while the seller was ESJ Capital Partners, represented by Arnaud Sitbon. No further details regarding the deal participants were available.