Haas building sells in South Florida

Owner receives impressive return on investment

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RJS Realty Group negotiated the sale of the 57,822-square-foot Haas Office Building in Jupiter, Fla. The value of the transaction was approximately $18.9 million. The eight-story building, located near the Jupiter Inlet, at the intersection of U.S Highway 1 and A1A, was built in 1981. Glenmorris LLC, which had acquired the property in April 2001 for $7 million, sold the property to an undisclosed buyer. RJS Realty Group, formed in 1986,  provides investment real estate advisory and brokerage services to institutional and private owners and investors. ...