Cushman & Wakefield Brokers Sell Palm Beach Development Site For $63.3M In Jupiter | Palm Beach Park of Commerce | Zachary Eicholtz, Rick Brugge, Mike Davis, Dominic Montazemi, Rick Colon, Brooke Tulley | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

1,000,000 sqft

A development site located at Palm Beach Park of Commerce in Jupiter has been sold for a total of $63,325,000. The property spans 81.1 acres and has a price per acre of $780,826. The transaction took place on June 29, 2021.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $63,325,000
Address: Palm Beach Park of Commerce, Jupiter
Market: Jupiter
BSF (Building Square Footage): 1,000,000
Price per Building Square Footage: $63
Acres: 81.1
Price per Acre: $780,826

The sale was facilitated by the brokerage firm Cushman & Wakefield, with the following brokers representing the deal: Zachary Eicholtz, Brooke Tulley, Mike Davis, Rick Brugge, Rick Colon, and Dominic Montazemi.

Players

All
7

Agents
6
Agencies
1

Zachary Eicholtz

Senior Financial Analyst

$1.1B Sold

Rick Brugge

Executive Managing Director

$1.7B Sold

$2.3B Sold

$3.1B Sold

$1.9B Sold

$617.9M Sold

Details

Deal Summary

SOLD

IMAGE: Mike Davis, Brooke Tulley, Dominic Montazemi, Rick Brugge, Rick Colon & Zachary Eicholtz DATE: 06/29/2021 ADDRESS: Palm Beach Park of Commerce MARKET: Jupiter ASSET TYPE: Development Site BROKERS: Zachary Eicholtz, Brooke Tulley, Mike Davis, Rick Brugge, Rick Colon & Dominic Montazemi - Cushman & Wakefield SALE PRICE: $63,325,000 BSF: 1,000,000 ~ PPBSF: $63 ACRES: 81.1 ~ PPA: $780,826

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AddressPalm Beach Park of Commerce

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