|Location||Miami, Florida (Coconut Grove)|
+/- 68,000 SF of street-front retail (four separate properties)
Multi-level structured parking garage
All miscellaneous assets are located in Coconut Grove and are adjacent to GRP’s other Coconut Grove assets and Cocowalk. Coconut Grove, Miami’s oldest neighborhood, is a popular retail, dining and nightlife destination surrounded by the region’s most affluent communities. The community is currently experiencing a dramatic transformation fueled by the development of high-end condominiums, the repositioning of commercial space and major public sector investments.
The disposed assets in the Coconut Grove assemblage were acquired in partnership with Federal Realty Trust as part of a larger vision to help revitalize the core of Coconut Grove.