CP Group, along with DRA Advisors, announced it has executed nine new lease agreements totaling nearly 110,00 square feet at the Boca Raton Innovation Campus (BRiC) — its 1.7-million-square-foot office park in Boca Raton, Florida.

The executed deals include six new leases and three renewals, with two incoming tenants establishing new headquarters and four relocating and expanding their footprints from other office locations within South Florida.

• Coastal Waste & Recycling signed a lease for 31,530 square feet of space.
• Legacy Healing Center Margate, LLC, a health services provider, signed a lease for 23,630 square feet of office space for its corporate headquarters. Jacqueline Tavares of Newmark represented the tenant.
• US Claims, a litigation funding firm, relocated from Delray Beach and signed a lease for 13,519 square feet of office space. Candy Yeung of RE//Max Consultants Realty represented the tenant.
• Takahami Billing, LLC, a revenue cycle management company for healthcare providers, relocated from Fort Lauderdale and signed a lease for 10,058 square feet of office space. Jacqueline Tavares-Newmark of Newmark Commercial Real Estate represented the tenant.
• Lifelong Learning Administration Corporation, a national educational nonprofit organization, signed a lease for a 3,316-square-foot spec suite to serve as its first Florida location. Jason Smithson of NAI San Diego represented the tenant.
• Brandon Hall Group, LLC, a professional development firm, signed a lease for a 2,707-square-foot spec suite, moving from another office in Boca Raton. Joe Freitas of CBRE represented the tenant.
• Verizon, a multinational telecommunications conglomerate, renewed its lease for 12,965 square feet to maintain its local workforce at BRiC.
• ABC Preschool, an on-site daycare, renewed its lease for 9,965 square feet. Ryan Nunes and Ryan DePaul of Cushman & Wakefield represented the tenant.
• Twinlabs Consolidation, a supplement company, renewed its lease for 1,433 square feet of office space.

“Coastal Waste & Recycling is pleased to establish our new headquarters at BRiC. The campus offers a unique blend of modern amenities, flexibility, and accessibility that enhances the productivity and well-being of our team,” said a Coastal Waste & Recycling representative. “We look forward to a future of growth and success at BRiC.”

Jeff Kelly of CBRE represented CP Group in all nine transactions. The tenants are set to occupy their respective spaces by the end of this year.

These agreements follow a leasing update from earlier this year, during which four new tenants and two lease renewals were secured, including the leasing of BRiC’s phase 1 move-in-ready spec suites. Phase 2 spec suites are near completion, and all units are either leased or in negotiations. The BRiC construction team will soon begin a phase 3 spec suite build, with suites ranging from 2,000 to 3,500 square feet.

“BRiC continues to see strong leasing momentum, driven by the sustained demand for flexible, amenity-rich office space,” said Michael Perrette, General Manager of BRiC. “We remain dedicated to cultivating an environment that empowers tenant success by promoting connectivity and creativity.”

CP Group is continuing its vast capital improvement program of the former IBM research and development facility, having completed several amenities over the last few years. Renovations have included an on-site wellness center run by Boca Raton Regional Hospital; the addition of two coffee shops and an autonomous grab-and-go store; a revitalized dining and banquet hall, flex indoor/outdoor event space available for rent; two fitness studios; on-site bike storage; and a parking garage with 1,100 spaces. BRiC was honored with the 2023 Structure Award for Best Reuse/Rehab Project by the South Florida Business Journal for these comprehensive upgrades.

Other amenities currently available to BRiC’s office tenants include a fitness center; onsite daycare; outdoor courtyards; running and biking trails; and art exhibitions as part of Art on BRiC Walls, which includes an NFT exhibit and “Rocket” — a 30-foot-tall mirrored stainless-steel outdoor sculpture by artist Hubert Phipps.

CP Group received approval from the City of Boca Raton last year to rezone BRiC to develop residential, retail, restaurants, a grocery store, an entertainment venue, a boutique hotel, and several parking garages. These rezoning permits allow BRiC to be open to the public seven days a week, and their new event and banquet hall is already slated to host large-scale meetings, galas, student testing, and even weddings and bar mitzvahs.

Designed by Brutalist architect Marcel Breuer, BRiC’s mid-century modern aesthetic and superior location between two I-95 exits — adjacent to a Tri-Rail station and proximity to two major airports — offer ideal conditions for the complex to transform into a ‘town center’ integrated into the social fabric of Boca Raton.