EML Realty Partners Announces Acquisition Of Class A Industrial & Office Building In Jupiter Commerce Park
The property, purchased for over $8.5 million, consists of two buildings totaling 35,782 square feet on 3.25 acres.
The property, purchased for over $8.5 million, consists of two buildings totaling 35,782 square feet on 3.25 acres.
Reese Stigliano, President of Stigliano Commercial Real Estate, represented the landlord in the transaction.
The new team additions bolster Cushman & Wakefield’s capabilities in Florida’s burgeoning Treasure Coast and Space Coast regions.
He brings more than two decades of institutional experience across leasing, investment and advisory services, having overseen over $4 billion in transactions involving more than 7 million square feet of office assets across Florida’s major markets.
This transaction brings the 420,525 square feet of rentable Class A office space at the project to nearly full occupancy.
Pricing expectations exceed $200 million.
The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise.
The property includes a one-story strip shopping center, a two-story office building and two out-parcel buildings totaling 55,000 square feet.
These additions mark a significant milestone for Nora, expanding the district beyond retail and dining into a hub for businesses, influencing the future of West Palm Beach’s economic landscape.
In addition to his role as NAIOP South Florida President, Corlew has served on NAIOP boards at both the regional and national levels and remains actively involved in industry conferences and community development initiatives.
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