Thor Equities Buys Two Town Center (153,213 SF) in Miami

Reported Sep 8, 2026 · Source: Commercial Observer

Source: Commercial ObserverRead the full report at Commercial Observer ↗

Deal details

Buyer
Thor Equities
Seller
CP Group
Price
$62M
Size
153,213 SF office, 114,599 SF garage
Price per SF
$405 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
Sep 8, 2026

Summary

Thor Equities has paid $62 million for the Two Town Center office complex in Boca Raton, Fla., Commercial Observer has learned. The property features 153,213 square feet of office space and a 114,599-square-foot parking garage at 5355 Town Center Road. The seller, CP Group, previously known as Crocker Partners, bought Two Town Center in 2014 for $36.3 million, according to the Business Journals.

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 / Buyer
    Joe Sitt’s Thor Equities has paid $62 million for the Two Town Center office complex in Boca Raton, Fla., Commercial Observer has learned.
  • Deal / Size
    The property features 153,213 square feet of office space and a 114,599-square-foot parking garage at 5355 Town Center Road, just east of Simon’s 1.77 million-square-foot Town Center mall.
  • Seller
    In 2014, the seller — CP Group, previously known as Crocker Partners — purchased Two Town Center for $36.3 million as well as the neighboring One Town Center for $44.7 million, according to the Business Journals.

Article date: 2026-09-08T12:10:50-04:00

Quick answers

Who bought Two Town Center?
Thor Equities bought Two Town Center in Boca Raton / Delray Beach, Miami, according to Commercial Observer.
How much did Two Town Center sell for?
The reported price is $62M ($405 per SF, our calculation), per Commercial Observer.
How big is Two Town Center?
153,213 SF office, 114,599 SF garage, as listed from the source.
When was this sale reported?
Reported Sep 8, 2026 by Commercial Observer.

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