Related Ross Buys North 40 (380,823 SF) in Miami

Reported Oct 20, 2026 · Source: Commercial Observer

Source: Commercial ObserverRead the full report at Commercial Observer ↗

Deal details

Buyer
Related Ross
Seller
Mainstreet Capital Partners and Partners Group
Price
$64M
Size
380,823 SF (23 acres)
Price per SF
$168 per SF (our calculation)
Asset class
Office
Transaction
Sale
Sub-market
Boca Raton / Delray Beach (South Palm Beach County)
Metro
Miami (South Florida)
Reported date
Oct 20, 2026

Summary

Related Ross paid $64 million for North 40, a 380,823-square-foot office complex in Boca Raton. The sellers, Mainstreet Capital Partners and Partners Group, had renovated the 23-acre asset.

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

Source: Commercial Observer

Read the full report at Commercial Observer. What the article says:

  • Deal / Price / Size / Buyer
    The billionaire’s firm, Related Ross, paid $64 million for North 40, a 380,823-square-foot office complex.
  • Deal
    The purchase comes about two months after Related Ross paid an undisclosed amount to buy the 124-acre BRiC office campus, which is less than a mile from North 40.
  • Seller
    The sellers, Mainstreet Capital Partners and Partners Group, renovated the 23-acre asset, adding a shared kitchen, a bar, conference rooms and a fitness center.

Article date: 2026-10-20T14:55:04-04:00

Frequently asked questions

Who bought the North 40 building?
Related Ross bought the North 40 building in Boca Raton / Delray Beach, Miami, according to Commercial Observer.
How much did the North 40 building sell for?
The reported price is $64M ($168 per SF, our calculation), per Commercial Observer.
Who sold the North 40 building?
The seller was Mainstreet Capital Partners, per Commercial Observer.

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