The newly redeveloped CocoWalk in Miami’s Coconut Grove neighborhood is now home to Class A office and retail space that anchors the commercial village. Courtesy photo.
South Florida retailers and restaurants weathered the pandemic better than most. Most found ways to adapt, but some closed for good. Those vacancies created opportunities for investors across the country to try to benefit from the influx of people and capital moving to the Sunshine State.
After the real estate market for restaurants and retail froze in the first and second quarters of 2020, deal work resumed in the third.
PEBB Enterprises senior vice president of leasing Chris Stewart. Courtesy photo
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