Boca Raton Innovation Campus

Name

Boca Raton Innovation Campus

Legal name

Boca Raton Innovation Campus

Website

https://workatbric.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Boca Raton Innovation Campus (BRiC) is a 1.7 million sq ft multi-tenant office campus on 123 acres in Boca Raton, Florida, owned by CP Group and leased to technology, life sciences, and enterprise tenants with bundled on-site amenities. A 2023-approved micro-city transformation adds residential, retail, hotel, and medical office components.

Ownership category

akta.pro rank

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Commercial Office Leasing: Operating as a multi-tenant office park generating income through commercial leases. Available suite sizes range from 2,000 to 120,000+ square feet, with market-rate pricing. Revenue is recurring from tenant lease payments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Boca Raton Innovation Campus (BRiC) leases large-scale office space in a 1.7 million square foot, 123-acre multi-tenant campus in Boca Raton, Florida, with available suites ranging from 2,000 to 120,000+ square feet at market-rate pricing. The core commercial real estate offering is bundled with on-site amenities including a fitness center, ballroom and conference facilities, coffee shops, autonomous grab-and-go retail, on-site primary care, accredited daycare, art exhibits, and event venues. The campus, originally IBM's North American R&D facility, features Marcel Breuer architecture and Category 5 hurricane-resistant construction, and is being repositioned with CP Group ownership into a live-work-play technology and life sciences hub.

Product overview

Boca Raton Innovation Campus (BRiC) is a single, unified commercial real estate product — a 1.7 million square foot multi-tenant office park on 123 acres designed as a technology and life sciences hub. The campus offers a bundled portfolio of on-site amenities and services integrated into the core office leasing offering, including two coffee shops (JAVA and Marcel Brewer), a 7,000-square-foot fitness center, conference and ballroom facilities, an autonomous grab-and-go retail store (BITS), on-site primary care (Baptist Health), accredited daycare, Art on BRiC Walls exhibition, TriRail shuttle service, and tenant coordination support. These amenities are included as part of the tenant experience within the single office park rental product rather than sold as separate offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Boca Raton Innovation Campus (BRiC) Office Leasing A 1.7 million square foot multi-tenant office park on 123 acres in Boca Raton, Florida, leasing commercial office space to technology, life sciences, and growth-stage companies at suite sizes ranging from 2,000 to 120,000+ sq ft at market-rate pricing on multi-year contracts.
• BRiC Ballroom Event Venue A state-of-the-art presentation hall with 15 ft high ceilings, three drop-down projection screens, and Terrazzo flooring, suitable for corporate holiday parties, speaker series, weddings, and other social gatherings held on campus.
• Conference Center Newly renovated shared-space facility providing options for small meetings, large trainings, company-wide town halls, and holiday parties, complete with A/V equipment, private catering kitchen, business center, and restrooms.
• Fitness Center A 7,000-square-foot fitness facility featuring treadmills, elliptical machines, bikes, weights, floor exercise space, locker rooms with showers, and group fitness classes exclusively available to campus tenants.
• BITS Autonomous Grab and Go Retail An autonomous grab-and-go store offering frozen lunches, gourmet sandwiches, soups, and wraps, where users download the BITS app, scan their phone at the gate to enter, select items, and are automatically charged upon exit.
• Rentable Event Spaces (6 venues) Six rentable event spaces totaling over 25,000 sq ft of versatile indoor and outdoor venues available for corporate meetings, networking receptions, fundraisers, galas, product launches, weddings, and other special events.
• Tenant Experience Coordination On-site dedicated full-time liaison between tenants and the property management team, serving as the single point-of-contact for all tenant requests and continuously improving the tenant experience at BRiC.
• Private TriRail Shuttle A private shuttle operating Monday through Friday from 6:40 AM to 7:20 PM across 13 campus stops, providing convenient transportation throughout the campus and adjacency to the Florida Tri-Rail Station.

Quantifiable outcome

• Largest office complex in Florida - 1.7M sq ft across 123 acres

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core, major and minor.

• CP GroupcoreOthersCP Group acquired the Boca Raton Innovation Campus in 2018 and serves as the property owner. They are the primary investors and decision-makers behind the campus transformation into a live-work-play micro-city.
• Crocker PartnerscoreImplementation/ SI/ Consulting PartnerCrocker Partners handles property management for BRiC, overseeing day-to-day operations, tenant relations, and campus services.
• Baptist HealthmajorStrategic or Co-development PartnerBaptist Health operates a Primary Care office on-site at BRiC, providing convenient healthcare access for tenants and employees within the campus.
• Boca Raton PreschoolmajorStrategic or Co-development PartnerBoca Raton Preschool operates an on-site daycare facility at BRiC, offering childcare services for working parents at the campus.
• OXXO CleanersminorStrategic or Co-development PartnerOXXO Cleaners provides dry cleaning services on-site at BRiC, offering convenient laundry services for tenants.
• Carmela CoffeeminorStrategic or Co-development PartnerCarmela Coffee operates the Marcel Breuer Coffee Shop at BRiC, providing coffee and café services in a historic campus setting.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Hayden Tract: Adaptive-reuse creative office campus in Culver City, CA housing technology, media, and design tenants across architecturally distinctive buildings; comparable to BRiC's appeal to creative and tech tenants via distinctive architecture and amenitized environment.
• Cummings Research Park: One of the largest research parks in the world, located in Huntsville, AL, focused on technology, aerospace, and life-sciences tenants; comparable to BRiC's 123-acre footprint and life-sciences/tech tenant targeting.
• American Tobacco Campus: Redeveloped historic American Tobacco complex in Durham, NC into a mixed-use office, retail, and entertainment campus; comparable to BRiC's adaptive reuse of an iconic historic property into a multi-tenant destination.
• Centennial Campus (NC State University): Mixed-use university research campus hosting corporate R&D partners alongside academic programs in technology and life sciences; comparable to BRiC's positioning as a technology and life-sciences hub with campus-style amenities.
• Research Triangle Park: One of the largest research/technology parks in the U.S., spanning thousands of acres and hosting technology and life-sciences tenants on flexible, large-footprint leases — directly comparable to BRiC's positioning as a Southeast tech/life-sciences hub.
• Industry City: 35-acre mixed-use commercial campus in Brooklyn offering flexible office, retail, and event space across multiple buildings — directly comparable to BRiC's multi-building campus with bundled amenities and event venues.
• Foundry District: Mixed-use adaptive reuse development in Charlotte, NC combining office, retail, and event space across multiple buildings; comparable to BRiC's multi-building, amenity-rich office campus model targeting tech and growing businesses.
• Bell Works: Redeveloped former Bell Labs Holmdel complex into a mixed-use office, retail, dining, and medical campus; the closest analog to BRiC in being a historic R&D campus reinvented as a mixed-use destination with comparable scale and amenitized strategy.

Broad incumbents

• Boston Properties: Major publicly traded office REIT operating Class A office campuses across major U.S. markets; comparable to BRiC's Class A office leasing model and large-footprint enterprise tenant focus at a broader, public-market scale.
• Highwoods Properties: Office REIT operating amenity-rich business parks across high-growth Sun Belt markets including Florida; directly comparable to BRiC's Sun Belt, amenitized, multi-tenant office park positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/workatbric
• Instagraminstagram.com/workatbric
• LinkedInlinkedin.com/company/workatbric

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boca Raton Innovation Campus