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Miami Lifestyle Center Commands $87M

Fast-Growing Louisiana Investor Acquires CocoWalk, Plans Restoration at 196K-Square-Foot Center
By Jonathan Heifetz
September 6, 2006 | 7:03 P.M.

Mandeville, LA-based PMAT Real Estate Investments LLC closed last week on CocoWalk, the 196,497-square-foot, open-air retail/office property on 3.3 acres at 3015-3059 Grand Ave. in Coconut Grove, FL. The group paid $87 million, or a whopping $443 per square foot, to New York-based Thor Equities.

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News | Miami Lifestyle Center Commands $87M