Posts tagged Jupiter Medical and Technology Park
The Jupiter Medical and Technology Park is a beautiful 186,000 SF medical & technology facility located on a gorgeous 16-acre corporate campus setting. This prime facility is nestled in the heart of the Jupiter medical district next to Scripps and Jupiter Medical Center, at the corner of Military Trail and Botanica Drive.
With new owners comes a multi-million dollar improvement program currently underway. Several projects have already been completed including:
New Roof: A new GAF TPO membrane roof was installed. Thermoplastic polyolefin (TPO) single-ply roofing membranes are among the fastest growing commercial roofing products and have gained broad industry acceptance for their many performance and installation advantages. As demand increases for heat-reflective and energy efficient roofing systems, TPO single-ply roofing membranes continue to provide exceptional resistance to ultraviolet, ozone and chemical exposure.
New Paint: Exterior Stucco Façade painted with new color scheme and a sealant applied to the Architectural Block.
Other projects currently underway and expected to be completed in 2015 include new landscaping (planting of annuals, perennials, and additional shrubs) as well as installation of new pylon signage.
Lesley and the rest of the team at NAI are excited to see the projects completion and we’re thrilled to see the progress made so far. Take a look at what the Jupiter Medical and Technology Park has to offer and call Lesley for leasing information at 561 471 8000.
We’re pleased to have co-hosted the Commercial/Industrial Real Estate Professionals Roundtable event for the Business Development Board this morning at one of our most recent med/tech listings, the Jupiter Medical & Technology Park, with the property owner, Point One Holdings.
The BDB had a great agenda including a welcome from Gary Hines (Sr. VP, BDB PBC) and sponsor comments from Lesley Sheinberg (NAI Merin Hunter Codman Director) and David Garfinkle (Principal, Point One Holdings). Kelly Smallridge (President & CEO, BDB PBC) updated the attendees on local news and updates. Also, Andy Lukasik (Manager, Town of Jupiter) discussed development activity in the Town of Jupiter. Everyone had a great time and especially enjoyed the cappuccino bar and pastries.
Jupiter Medical & Technology Park is located in a 186,000 SF medical & technology facility on a beautiful 16-acre corporate campus setting. Nestled in the heart of the Jupiter Medical District next to Scripps and Jupiter Medical Center, at the corner of Military Trail and Botanica Drive, the property is just minutes from numerous restaurants, shops, I-95, and the Florida Turnpike. The property has ±1,500 to 14,788 square feet available and offers bright, open space with lots of windows and beautiful landscaping.
For more information on the Business Development Board, click here.
If you’re interested in leasing space at Jupiter Medical & Technology Park, click here.
NAI/Merin Hunter Codman Heightens Inroads Into Medical and Tech Office as Clusters in Palm Beach County Expand
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, announced two new leasing and property management-related transactions in the medical and technology office niches, illustrating the firm’s continued impact and inroads into those sectors. NAI/Merin Hunter Codman was assigned leasing and property management responsibilities for a Class-A medical/tech office campus in Jupiter near to Scripps Research Institute, and negotiated a medical office lease at a trademark downtown West Palm Beach Class-A office building.
“We continue to see Palm Beach County office properties on short lists for medical and technology office space users,” said Jordan Paul, CEO of NAI/Merin Hunter Codman. “It’s a trend initially sparked by leading-edge research institutions drawn to the region, but now medical and technology clusters are widening in breadth.”
NAI/Merin Hunter Codman was awarded the leasing and property management assignment for Jupiter Medical and Technology Park, a 16-acre medical/technology office campus located at 1701 N. Military Trail in Jupiter. The park has a central location in Jupiter’s burgeoning medical/tech district, which includes renowned facilities such as Scripps Research Institute, Max Planck Florida Institute, as well as Jupiter Medical Center. Jupiter Medical and Technology Park, within minutes of those institutions, features a 186,000 square-foot, one-story facility. The building is a bright facility with an open configuration that can accommodate a variety of medical and technology uses. Building features include an attractive circular-driveway and entrance pavilion, windows looking out on to lake views and lush landscaping, and enhancements are underway for the building façade. The campus is minutes from I-95 and Florida’s Turnpike with countless restaurant and retail amenities in the immediate vicinity.
To read the full press release, click here.
HOLLYWOOD, Florida – PointOne Holdings, a Real Estate Investment Group with offices in Hollywood, FL and Atlanta, GA, announced a $30,700,000 closing on the purchase of the Jupiter Medical and Technology Park in Jupiter, Florida. The acquisition and renovation financing was provided by RAIT Financial Trust. The 186,000 square-foot facility is situated on a 16-acre campus and is currently 92% occupied.
The city of Jupiter is emerging as a world renowned hub for biotech, healthcare and aviation innovators and is the home to Scripps Florida Research Institute, the Max Planck Institute for Neuroscience and the biosciences-focused Florida Atlantic University, as well as a number of private technology companies including Florida Turbine Technologies who anchors the property along with GE Medical Healthcare Services. “We could not be more pleased with the acquisition of this facility in an area that has attracted the attention of some of the most prominent biotech firms in the world, including Scripps and the Max Planck Institute. The property and location are ‘one of a kind’ in one of the most dynamic marketplaces in the state” said David Garfinkle Managing Partner for PointOne Holdings.
Click here for the full press release.