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Elion Partners Acquires Jupiter Reserve Shopping Center in South Florida

by Nate Hunter

Jupiter, Fla. – Atlantic Retail Properties represented the buyer and the seller in the transaction.

The four-acre Jupiter Reserve in Jupiter, Fla., is 93.6 percent leased to tenants that include Petco, T-Mobile, Vitamin Shoppe, Pizza Hut, Edible Arrangements and LabCorp of America.Jupiter, Fla. – Elion Real Estate Fund III LP has acquired Jupiter Reserve, a 43,172-square-foot shopping center in Jupiter, a northern suburb of Miami in Palm Beach County. The seller was Pebb Enterprises, and Atlantic Retail Properties represented both parties in the transaction. The sale price was undisclosed. The four-acre Jupiter Reserve is 93.6 percent leased to tenants that include Petco, T-Mobile, Vitamin Shoppe, Pizza Hut, Edible Arrangements and LabCorp of America. The center will be leased by Atlantic Retail Properties and managed by Transwestern Commercial Services.

 Scott Reid 

 

 

 

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