EML Realty Partners, based in Jupiter, FL, announced the purchase of a small-bay industrial facility in Jupiter, FL. The 19,717 square foot property is located at 1095 Jupiter park Drive in Jupiter Commmerce Park and was purchased for $5,325,000. EML Realty Partners owns over 50 other buildings throughout the state of Florida, and multiple industrial assets specifically located in this same industrial park where this Property is located.

“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. Founded by Eric M. Levitt, EML Realty Partners specializes in creating value on these properties after they are acquired. Prior to moving to Florida, EML Realty Partners was a highly active and well-respected real estate firm in the Mid-Atlantic region.