Another prominent business has left California. D-Wave Quantum is moving its facility from Palo Alto to Boca Raton. CP Group along with DRA Advisors signed a lease agreement with D-Wave Quantum Inc. D-Wave will relocate its global headquarters and establish a major U.S. Research and Development facility at the Boca Raton Innovation Campus (BRiC), the historic 1.7-million-square-foot technology hub originally built by IBM.

The move is supported by a separate $20 million commitment from Florida Atlantic University (FAU) to purchase and install D-Wave’s Advantage2™ annealing quantum computer on its nearby campus.

CP Group’s recent $100 million capital improvement program at BRiC has transformed the campus into an amenity-rich destination, including 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; a parking garage with 1,100 spaces, and more.