A mixed-use asset located at 110, 115 Front Street and 102 North Coastal Way in Jupiter was sold for $57.6 million. This transaction involved a total of 94,000 square feet of property and includes a 0.7-acre waterfront site, with a price per square foot of $613.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $57,600,000
• Buyer: Barry Miller - Voloridge Investment Management
• Seller: Nicholas Mastroianni - Summit Ventures (@SummitVenturesInvestment)

The acquisition by Voloridge Investment Management, led by Barry Miller, is intended to facilitate the expansion of their operations with plans for a new office accommodating up to 200 employees. The remaining elements of the property, including retail, hotel, and amphitheater components, will remain under the control of Summit Ventures.