Jupiter Retail Center Trades for $52.75M

Orion Real Estate Group sold The Shoppes at Jupiter, a 197,000-square-foot shopping center at the intersection of Indiantown Road and U.S. Highway 1 in Jupiter, Fla. The property sold for $52.75 million in an off-market transaction to Ram Realty Advisors. Orion acquired the property in 2015 for $27.8 million.

Built in 1981 and renovated in 2014, the shopping center benefited from a comprehensive repositioning strategy during Orion’s ownership, including capital improvements, tenant retention, and lease enhancements that strengthened long-term asset value.

The property was anchored by Cinépolis Luxury Cinemas, Palm Beach Sports Club Gym, Staples, and Bealls, along with a variety of dining and service providers. Whole Foods Market has been announced as a new anchor tenant, a move expected to further strengthen the center’s long-term performance.

Noah Jones and Dan Lynch from Atlantic Retail helped facilitate the transaction. 

From capital markets and financing trends to development, acquisitions, and property management strategies, Connect Apartments on September 11 dives into the issues shaping today’s multifamily landscape. Join the experts leading conversations on affordability, innovation, market dynamics, and investment opportunities—all in one day, under one roof. If you want the latest insights that drive decisions in apartments, this is where you’ll find them: www.connectapts2025.com