Avison Young has been retained as the exclusive leasing agency for 120 Giralda Avenue, a 17,000-square-foot mixed-use building recently acquired by Maven Real Estate LLC, on the newly unveiled Giralda Plaza in Coral Gables.
Giralda Plaza is the first pedestrian-only thoroughfare in Coral Gables’ Central Business District serving more than 4.5 million square feet of office space as well as the diverse and affluent residential communities in and around the city.
Giralda Avenue has long been known as “Restaurant Row,” home to many of Coral Gables’ most iconic restaurants. Building on this history of success and its vision of a dense urban core, the city created the pedestrian-only open-air Giralda Plaza. Giralda Plaza is improved with granite pavers, outdoor cafe-style seating, overhead lighting, landscaping, event space and is now closed to vehicular traffic.
120 Giralda Avenue is the largest building on the Plaza and the only space available for lease. Its revived mid-century modern architectural design, mixed use multi-level floorplan and scale create a truly unique space.
Maven Real Estate intends to redevelop the property to offer entertainment, lounge, and dining options.
“The ground floor is over 10,000 square feet with 18-foot ceilings and 116 feet of frontage on Giralda Plaza,” said Marc Schwarzberg, JD, Managing Member of Maven Real Estate LLC. “We hope to activate the rooftop as a lounge space or similar concept, as there aren’t many buildings in the area with these features and particularly no others on this street.
“Living and working in Coral Gables, we’re excited to be part of Giralda and hope to create a real destination where people can spend their day or night and enjoy a unique experience,” he added.