CocoWalk is a 200,000 square foot, four-level, open-air lifestyle, mixed use development located in Coconut Grove, FL (South Miami). It also includes an 840-space attached parking garage and a 20,000 sq. ft. office building. For several years, it suffered from loss of tenants, poor management and deferred maintenance.
In 2005 PMAT, a New Orleans retail development group, purchased the property and retained Property One to provide property management, accounting, physical asset assessment, budgeting and project administration. A comprehensive renovation plan totaling over $10 million was launched. With a strong marketing and leasing plan and an exciting grand opening event, CocoWalk once again became “the” development in the “Grove”.
