 |
| C. Todd Everett |
JUPITER, FL, Aug. 17, 2015 – Marcus & Millichap (NYSE:
MMI), a leading commercial real estate investment services firm with offices
throughout the United States and Canada, today announced the sale of Abacoa Corporate Center, a
25,566-square foot office property located in Jupiter, Fla., according to Ryan
Nee, regional manager of the firm’s Fort Lauderdale office.
The asset sold for
$6,950,000 equating to $272 per square foot.
Douglas K. Mandel, a senior vice president investments, and C. Todd Everett, SIOR, a director, in Marcus & Millichap’s Fort
Lauderdale office, represented the seller, a limited liability company from
Melville, NY, and the buyer, a limited liability company from Palm Beach, FL.
Steven
Goldwyn, associate director with Marcus & Millichap Capital
Corporation, provided financing.
“The sale of Abacoa
Corporate Center is indicative of the strong demand we are experiencing for
stabilized assets in high demographic sub-markets like Jupiter and exemplifies
the collaborative capabilities of the Marcus & Millichap platform” says
Everett.
 |
| Steven Goldwyn |
Abacoa Corporate Center is
a 100 percent leased, two-story Mediterranean style office building. The building features high ceilings, access
control systems, second floor balconies, crown molding throughout the common
areas and lush tropical landscaping.
Located at 1200 University
Boulevard on a corner lot, the property is within walking distance to the
shops, restaurants and other businesses in Jupiter’s high-end live-work-play
district known as Abacoa Town Center.
Roger Dean Stadium, the winter home to the Miami Marlins and St. Louis
Cardinals, is located directly across the street.
For a complete copy of the company’s news release,
please contact:
Ryan Nee
Regional Manager
Fort Lauderdale, FL
(954) 245-3400
No comments:
Post a Comment