EML Realty Partners Acquires Industrial Building In Jupiter Commerce Park

Jupiter, Florida-based EML Realty Partners announced the purchase of a small-bay industrial facility in Jupiter.

The 19,717-square-foot property, located at 1095 Jupiter Park Drive within Jupiter Commerce Park, was purchased for $5,325,000. The deal closed March 10.

EML Realty Partners owns over 50 other buildings throughout the state of Florida, and multiple industrial assets located within Jupiter Commerce Park.

“We are excited to have purchased another warehouse in Jupiter Commerce Park, which is difficult to find,” said Eric M. Levitt, founder of EML Realty Partners. “Jupiter Commerce Park is the premiere industrial park in Jupiter. This asset, based on the below market short-term gross rents, will create a value add opportunity to all of our partners in a short period of time.”

EML Realty Partners specializes in the acquisition of opportunistic commercial real estate investments with a high concentration of industrial properties throughout the state of Florida. EML Realty Partners specializes in creating value on these properties after they are acquired.