Local Entrepreneur Continues Buying Streak in Northwest Florida
Destin, FLA – Uptown Corners has been acquired by local real estate investor Ryan D. Jumonville for $1.725 million. Uptown Corners is an outdoor shopping mall located in Fort Walton Beach. This is the third commercial property purchase by Jumonville in the area this year. He previously purchased the outdoor shopping mall City Market and the Beach Community Bank Building in Destin.
Uptown Corners is currently home to Lenny's Sub Shop, Citi Financial, Dennis & Company, Queens Nails, Sprint, and Club Sun Tanning Salon. This deal also includes an option to purchase the building next to Uptown Corners that is current home to GulfSouth Private Bank.
"Uptown Corners is completely leased, and there is also a waiting list of tenants who are interested in this prime location", according to John Paul Somers of Destiny Realty. "Mr. Jumonville continues to buy prime commercial property in the Northwest Florida area because he believes in the long term value of this region", said Brandon Knox, Destin Real Estate Group of NWF. Jumonville has allocated more than $20 million to invest in area.