The new owners of CocoWalk just spent $94 million buying a majority stake in the Shops at Sunset Place in South Miami.
October 01, 2015 at 02:00 PM
1 minute read
A Rockville, Maryland-based real estate investment trust teamed with South Florida investors to pay $93.7 million for a majority stake in the Shops at Sunset Place in South Miami.
Federal Realty Investment Trust formed a joint venture with the Comras Co. and Grass River Property to bag the iconic 515,000-square-foot, mixed-use development with an outdoor shopping mall.
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