Robert Khodadadian – Commercial Observer

Two companies signed leases in Jupiter, Fla., for a total of 46,251 square feet. 

Kor Distribution signed a new lease for 36,376 square feet at the Palm Beach Park of Commerce, according to the brokers.

The industrial space is located at 14924 Corporate Road South. Kor, a manufacturing, warehousing and order fulfillment services firm, signed on for three years at an asking rent of $11.50 per square foot.

Rob Hamman of real estate brokerage SVN Florida represented the tenant, while Steve Garine of S&K Worldwide Realty represented the Palm Beach Park of Commerce Association in the deal. Garine did not immediately respond to a request for comment.

SVN Florida also represented Rayus Radiology in a separate 9,875-square-foot medical office lease at 1680 South Central Boulevard in Jupiter. The landlord, Oceanone Property, was represented by Michael Feldman of Cushman & Wakefield, which did not immediately respond to a request for comment.

The Rayus lease is for 10 years with an asking rent of $33 per square foot, according to SVN.

Mark Hallum can be reached at mhallum@commercialobserver.com.

Two companies signed leases in Jupiter, Fla., for a total of 46,251 square feet.  Kor Distribution signed a new lease for 36,376 square feet at the Palm Beach Park of Commerce, according to the brokers. The industrial space is located at 14924 Corporate Road South. Kor, a manufacturing, warehousing and order fulfillment services firm, signedRead MoreChannel, Industrial, Leases, Retail, Cushman & Wakefield, Kor Distribution, Palm Beach Park of Commerce, S&K Worldwide Realty, SVN Florida

Robert Khodadadian, skyline properties, ground leases

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