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Douglas Elliman, Bluemercury, Narbona Natural Foods Among New Tenants At CocoWalk

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Douglas Elliman relocated its Coconut Grove office to the under-construction CocoWalk, where newly announced tenants include Bluemercury and Narbona Natural Foods & Farm Market.

Elliman opened in a 3,099-square-foot space at 3059 Grand Avenue. The brokerage was previously operating out of 2950 Southwest 27th Avenue. It signed a five-year lease at CocoWalk, according to a spokesperson.

CocoWalk, owned by Federal Realty Investment Trust, Grass River Property and the Comras Company, is in the midst of a major redevelopment.

Narbona Natural Foods & Farm Market, a specialty market out of Uruguay, is leasing 8,253 square feet at the mixed-use shopping mall. It will have a butcher shop, bakery, tasting room, cafe, and sell items such as fresh pastas, cheeses, craft beer, wine and coffee.

Sweetgreen recently announced it would be opening at CocoWalk. Other tenants will include Planta, a plant-based restaurant led by Steven Salm’s Chase Hospitality Group and co-founder and Executive Chef David Lee; Salt & Straw; pizzeria Mister 01 Extraordinary; The Spot Barbershop; Edward Beiner; The School of Rock; and Los Generales Mezcal & Grill. The Comras Company is handling retail leasing.

When the redevelopment is completed, CocoWalk will include a total of 100,000 square feet of office space and 150,000 square feet of retail, dining and entertainment space. The partnership paid about $87.5 million for the property in May 2015. CocoWalk opened in 1990.

One Cocowalk, a five-story, nearly 86,000-square-foot office building is nearly completed. Tenants will include co-working operator Spaces and Boyne Capital Partners, a private equity firm.

 

Source: The Real Deal

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