CBRE HIRED TO LEAD PROPERTY MANAGEMENT AT MAJOR MIXED-USE DEVELOPMENT IN CORAL GABLES
12 Feb 2020
MIAMI – February 4, 2019 – CBRE announced today that it has been hired by Agave Ponce, LLC, to provide property management services at The Plaza at Coral Gables, one of the largest mixed-use developments in Coral Gables in recent years. Located at 2901 Ponce de Leon Boulevard, the project includes 452k sq. ft. of Class A office space, 155k sq. ft. of retail space, a 170-unit multifamily tower and a boutique hotel. The first phase of the project is scheduled to be delivered in June 2020.
“We are pleased to expand our relationship with CBRE and look forward to working with them as we bring this exciting project to life,” said Jose Antonio Perez Helguera, Managing Director, Agave Holdings, LLC.
“This project will undoubtedly have a positive impact on the community, delivering a vibrant live, work, play environment with sophisticated amenities and lush, activated outdoor spaces,” said Michael Williams, Property Management director at CBRE. “We look forward to executing our client’s vision for the property and position The Plaza at Coral Gables as the ideal destination for office and retail tenants.”
The Plaza at Coral Gables was conceived with the business district in mind to ensure the revitalization of the area while keeping the a balance of its design as a priority and bringing a full range of services to the community, including a high-end hotel with meeting space for business and social events, Class A offices, street-level shopping and dining areas, residential townhomes and apartments. Amenities include high end finishes, an office amenity floor, rooftop garden promenade, available valet parking and event space.
The property is ideally located on Ponce de Leon Boulevard, with easy access to Interstate 95 and minutes from the Port of Miami and Miami International Airport. It is in close proximity to numerous upscale amenities in Coral Gables.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.