81.1-Acres Zoned For 1 MSF Industrial Development Sell For $63.32 Million
Cushman & Wakefield arranged the sale of an 81.1-acre parcel of land zoned for up to 1 million square feet of industrial development located in Jupiter.
The final sale price was $63,325,000.
Located at Palm Beach Park of Commerce, the property is 100% leased to Insurance Auto Auction, a globally recognized company in the auto-salvage industry duopoly, and will serve as a mission critical location in the tenant’s South Florida operations.
The property is located less than one mile from the Bee-Line Hwy, providing exceptional access throughout Palm Beach County, Treasure Coast, and greater South Florida via Interstate 95 and the Florida Turnpike.
