CP Group and Harrison Street sold the 286,890 SF One Boca Place complex for $78.9M, the Boca-based firm's third area office sale since summer.
CP Group
Every story on The American Developer that names CP Group, 5 and counting.
CP Group at a glance
- Coverage
- 5 stories, July 2026 to October 2026
- Markets
- South Florida (5)
- Story mix
- Capital & Deals (3), Markets & Data (1), Development (1)
- Projects
- Two Town Center, Boca Raton Innovation Campus (BRiC), Boca Raton Innovation Campus
Thor Equities paid $62M for Two Town Center in Boca Raton, the office tower CP Group built in 1986 and used as its headquarters, per Palm Beach County records.
Stephen Ross's Related Ross bought the 124-acre former IBM campus in Boca Raton with Ares financing, its third Palm Beach County deal this year.
Foley & Lardner is leaving One Biscayne Tower after 18 years for Southeast Financial Center, a flight-to-quality move in downtown Miami's office market.
Stephen Ross said he is focused strictly on Palm Beach County. Two submarkets are about to get their first institutional comp.