59 U.S. Highway 1
Jupiter, FL 33477
200,000 SF community shopping center anchored by Cobb Theatres, Staples, and Bealls. Located at the heart of the major retail hub in Jupiter, a highly affluent city in Palm Beach County, Florida.
Sold in 2008 for one of the highest shopping center prices and lowest cap rates achieved in Florida during real estate recession.
Acquired in 1998 and doubled rents from acquisition to sale.
Completely renovated façade, parking areas and landscaping.
Constructed first stadium seating theatre in Florida and opened first Staples store in South Florida