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Office Building near Jupiter Yacht Club Marina Trades Hands for $13M
RJM Jupiter Riverwalk, LLC, has acquired the Riverwalk Center, a 35,324-square-foot Class A office building located in Jupiter, FL, from ESJ Capital Partners. The building sits within Jupiter Yacht Club, a master-planned, mixed-use development encompassing five condominium buildings, a 23,150-square-foot retail/restaurant building and a protected marina.
Anthony Librizzi of Cushman & Wakefield represented the buyer and has been retained to oversee leasing at the property, already completing a 10,930-square-foot lease renewal with Truist Wealth.
“This transaction is another example of the ongoing trend of properties trading off-market,” Librizzi said. “I have a long history with Riverwalk Center and knew the existing tenant, who occupied the entire building, was planning to downsize their lease. This provided a prime opportunity for the buyer to occupy a portion of the building and lease out the balance.”
- ◦Sale/Acquisition
