CocoWalk

Name

CocoWalk

Legal name

Federal Realty Investment Trust

Website

https://cocowalk.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Retail Space Leasing: CocoWalk generates revenue by leasing retail and restaurant spaces to national, regional, and local brands. The property features approximately 150,000 square feet of retail space with a mix of boutiques, national chains, and independent retailers.
2. Office Space Leasing: Revenue from leasing Class A office space across two towers (One CocoWalk and Two CocoWalk) to businesses ranging from startups to established companies. Over 100,000 sq ft of creative office space available.
3. Entertainment and Cinema: Cinepolis Luxury Cinemas operates within CocoWalk, providing luxury moviegoing experience with reclining seats, waiter service, and full bar.
4. Parking Services: CocoWalk operates a multi-story parking garage with daytime and evening rates, including special rates for Cinepolis moviegoers. Revenue from parking fees.
5. Private Events and Venue Rental: The rooftop venue spans 3,467 square feet hosting up to 200 guests for events including rehearsal dinners, holiday parties, corporate mixers, birthday brunches, mitzvahs, quinceañeras, and sweet sixteens.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

CocoWalk operates a 150,000-square-foot open-air lifestyle center in Coconut Grove, Miami, leasing modern retail space to national, regional, and local brands, providing over 100,000 square feet of Class A office space across two towers (One CocoWalk and Two CocoWalk), and operating a rooftop private events venue, an on-site parking garage, and a curated mix of dining and entertainment tenants including Cinepolis Luxury Cinemas. The property is fully leased and functions as a community-focused mixed-use destination.

Product overview

CocoWalk is a 150,000-square-foot, open-air lifestyle center in Coconut Grove, Miami, developed by Federal Realty Investment Trust. The property operates as a mixed-use development combining retail spaces, dining options, and office buildings (One Cocowalk and Two Cocowalk). It features flexible retail leasing opportunities, Class A office space totaling over 100,000 sq ft, a rooftop private events venue spanning 3,467 square feet, and an on-site parking garage. The center is home to various shopping/lifestyle tenants (including Bluemercury, Chase, Cinepolis), dining establishments (such as Grand Public Kitchen + Bar, Chop, Narbona, Salt & Straw), and hosts community events in its plaza. The property has achieved full occupancy and serves as both a commercial hub and community gathering space.

Differentiator

Problem solved

Functional benefit

Products and services

• CocoWalk Retail Spaces Flexible and modern retail leasing spaces located in the heart of Coconut Grove, totaling 150,000 square feet of open-air lifestyle center space designed for innovative retail experiences. Targets national, regional, and local retail brands.
• One CocoWalk Office Tower Class A office building offering creative office space in Coconut Grove with modern amenities, wifi, meeting rooms, and flexible co-working options. Part of over 100,000 sq ft of office space available across two towers.
• Two CocoWalk Office Tower Second office tower within the CocoWalk mixed-use development offering premium Class A office space in Coconut Grove, complementing One CocoWalk as part of the property's over 100,000 sq ft of creative office inventory.
• Dining Tenants at CocoWalk Curated mix of restaurant and dining options at CocoWalk including Grand Public Kitchen + Bar, Al Bacaro, Chop Steakhouse & Bar, Da Angelino, El Bagel, Mister O1 Extraordinary Pizza, Narbona, Salt & Straw, Sushi Garage, sweetgreen, and PLANTA Queen. Available to consumers visiting the lifestyle center.
• Shopping & Lifestyle Tenant Directory Directory of on-site retail tenants at CocoWalk including 3D Brows, Bluemercury, Chase, Cinepolis Luxury Cinemas, FP Movement, and other lifestyle brands available for consumers visiting the property.
• CocoWalk Rooftop Private Events Venue 3,467-square-foot rooftop venue overlooking Coconut Grove that hosts up to 200 guests for events including rehearsal dinners, holiday parties, corporate mixers, birthday brunches, mitzvahs, quinceañeras, sweet sixteens, and fitness events. Bookings coordinated via [email protected].
• CocoWalk Parking Garage Multi-story parking garage at CocoWalk with daytime, evening, and weekend rates, plus special validated rates for Cinepolis moviegoers. Pricing tiers include $2 for 0-30 minutes, $4 for 31-60 minutes, $4 per additional hour, $32 lost ticket maximum, $16 weekend flat rate, $12-16 evening flat rates, and $3 with cinema validation.
• Around The Grove (Surrounding Tenant Directory) Directory of tenants and businesses in the surrounding Coconut Grove area accessible from CocoWalk, including Specialized (bicycle retailer), bartaco, Cotoletta, Starbucks, and Moscot.

Quantifiable outcome

• Fully leased status achieved less than a year after reopening following extensive renovation

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor and core.

• BodyrokminorStrategic or Co-development PartnerBodyrok operates a Pilates studio at CocoWalk and partners with the property for community wellness events including mat Pilates classes in the plaza during Summer Solstice Celebration.
• Books and BooksminorStrategic or Co-development PartnerBooks and Books partners with CocoWalk for community reading events including The Reading Party during Summer Solstice Celebration, promoting literacy and community engagement.
• Chop Steakhouse & BarminorStrategic or Co-development PartnerChop Steakhouse & Bar partners with CocoWalk for interactive events including cocktail making classes during Summer Solstice Celebration, featuring signature cocktails like the Hugo Twist and Espresso Martini.
• Coconut Grove Branch LibraryminorStrategic or Co-development PartnerThe Coconut Grove Branch Library partners with CocoWalk for Storytime in the Plaza events, providing outdoor reading sessions and literacy programs for children.
• Rotary Club of Coconut GroveminorStrategic or Co-development PartnerThe Rotary Club of Coconut Grove partners with CocoWalk for community clean-up events including Earth Day activities and mangrove cleanup at Peacock Park.
• INFINITY Beyond FitnessminorStrategic or Co-development PartnerINFINITY Beyond Fitness partners with CocoWalk for Wellness Sunday outdoor workout events, bringing fitness classes to the plaza and kicking off monthly wellness programming.
• PridelinesminorStrategic or Co-development PartnerLocal LGBTQ+ organization that partnered with CocoWalk for Pride Month celebrations including the 'Loud & Proud for PRIDE' community event featuring live DJ, drag performances, and Tito's Handmade Vodka sponsored bar.
• CandlelightminorStrategic or Co-development PartnerCandlelight concert series partners with CocoWalk to host Miami's first free community Candlelight Concert series at the newly reimagined lifestyle center.
• Blanca Commercial Real EstatecoreChannel Partner/ Reseller/ DistributorBlanca Commercial Real Estate handles office leasing for CocoWalk as the exclusive office leasing broker, managing tenant relationships and lease negotiations for the office towers.
• PLANTA QueenminorStrategic or Co-development PartnerVegan restaurant at CocoWalk that partnered with Tito's Handmade Vodka for Pride celebrations and is part of the diverse dining lineup at the property.
• Girls Walk MiamiminorStrategic or Co-development PartnerGirls Walk Miami partners with Bodyrok and CocoWalk for guided walking tours and wellness activities in Coconut Grove, combining community fitness with local exploration.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Simon Property Group: Largest US retail REIT (NYSE: SPG), owning and operating a national portfolio of premium retail and mixed-use properties including many open-air lifestyle centers. Comparable as the broader industry incumbent against which Federal Realty's lifestyle strategy competes.
• Macerich: US retail REIT (NYSE: MAC) focused on high-quality retail and mixed-use properties in affluent markets. Comparable to CocoWalk's operator as a peer REIT competing for lifestyle-center tenants and capital, with overlapping property concepts.

Direct peers

• Santana Row: Fellow Federal Realty-owned open-air lifestyle center in San Jose, California. Highly comparable to CocoWalk in concept, scale, and tenant strategy (national chains plus upscale dining and boutique retailers), and offers the closest internal benchmark for property-level performance.
• Aventura Mall: Largest and most productive mall in the Miami metropolitan area, with a mix of luxury and contemporary retail plus dining. Comparable to CocoWalk in serving the same South Florida affluent demographic, though at greater scale and as an enclosed format.
• Lincoln Road Mall: Pedestrian open-air shopping and dining promenade in Miami Beach. Comparable to CocoWalk as an open-air, walkable retail and dining destination in the Miami market serving tourists and local residents.
• The Grove (Los Angeles): Caruso-owned open-air lifestyle center in Los Angeles. One of the most prominent US lifestyle center precedents — comparable to CocoWalk in format (open-air, mixed retail/dining/entertainment), affluent neighborhood positioning, and curated tenant mix.
• Mizner Park: Mixed-use lifestyle center in Boca Raton, Florida, combining upscale retail, dining, and cultural amenities. Comparable to CocoWalk as a South Florida open-air lifestyle destination serving an affluent demographic.
• Bal Harbour Shops: Iconic open-air luxury shopping center in Bal Harbour, north of Miami. Comparable as a high-end open-air lifestyle property serving affluent Miami-area consumers with a curated mix of luxury retail and dining.
• Brickell City Centre: Open-air luxury mixed-use lifestyle center in Brickell, Miami. Directly comparable to CocoWalk as a premium open-air shopping, dining, and office destination serving an affluent Miami neighborhood with similar national and local tenant mix.

Others

• Federal Realty Investment Trust: Parent company and owner of CocoWalk (NYSE: FRT). Most directly comparable as the operator of CocoWalk's leasing, capital allocation, and property management, and as the entity whose investment thesis CocoWalk supports within a broader mixed-use portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CocoWalkMiami
• Instagraminstagram.com/CocoWalkMiami

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CocoWalk