Related Ross doubles down on Boca, buying BRiC-adjacent offices for $64M
Related Ross picked up a Boca Raton office property for $64 million, marking billionaire Stephen Ross’ second office acquisition in the city. The developer bought North 40, two office buildings at 5201 Congress Avenue and 901 Yamato Road, from Fort Lauderdale-based Mainstreet Capital Partners and private equity firm Partners Group. The two office buildings at 5201 Congress Avenue are located across Yamato Road from the Boca Raton Innovation Campus, or BRiC, which Related Ross acquired in September. “North 40’s location next to BRiC makes it a natural complement to the campus and an important part of our long-term commitment to […]This article originally appeared on The Real Deal. Click here to read the full story.
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