Key Transaction Details:
Buyer- Related Ross, founded by Billioniaire developer Steve Ross.
Seller- CP Group, DRA advisors, Rialto, and Las Olas Capital Advisors
Location- 1.7 million square feet of office and technology space across 124 acres located at 5000 T-Rex Avenue
Current Tenants- Home to high-tech and healthcare firms including D-Wave Quantum, Mod Med and Brainlabs.
Operations- The firm will continue operating BRiC as a premier technology and office hub while exploring long-term mixed-use destination enhancements.