Related Ross Buys Boca Raton Innovation Campus in Miami

Reported Sep 10, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Related Ross
Seller
joint venture led by CP Group
Price
Not disclosed
Size
124 acres, 1.7M SF
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Boca Raton / Delray Beach (South Palm Beach County)
Metro
Miami (South Florida)
Reported date
Sep 10, 2026

Summary

Related Ross, the development firm of Miami Dolphins owner Stephen Ross, has acquired the 1.7M SF Boca Raton Innovation Campus, marking the developer's first venture in the city, according to a release. The 124-acre IBM campus is at 5000 T-Rex Ave. The seller was a joint venture led by CP Group, which acquired the campus in 2018 for a reported $179M. Price: Not disclosed.

Summarized from the article; the quoted lines below are from the article itself.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal
    Miami Dolphins owner Stephen Ross bought the Boca Raton Innovation Campus, boosting his local development pipeline.
  • Deal / Size
    Billionaire developer and Miami Dolphins owner Stephen Ross is spreading his reach beyond his $10B development ambitions in West Palm Beach to a 124-acre IBM campus in Boca Raton.
  • Buyer
    Ross' development firm, Related Ross, has acquired the 1.7M SF Boca Raton Innovation Campus — marking the developer's first venture in the city, according to a release.
  • Seller
    The seller was a joint venture led by CP Group, which acquired the campus at 5000 T-Rex Ave. in 2018 for a reported $179M.

Article date: 2026-09-11T13:14:33-04:00

Quick answers

Who bought Boca Raton Innovation Campus?
Related Ross bought Boca Raton Innovation Campus in Boca Raton / Delray Beach, Miami, according to Bisnow.
How big is Boca Raton Innovation Campus?
124 acres, 1.7M SF, as listed from the source.
When was this sale reported?
Reported Sep 10, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.