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A-Rod Corp. Acquires 12K-SF Office Condo in Coconut Grove

Miami-based investment firm A-Rod Corp. acquired a 12,700-square-foot office condo at Grove at Grand Bay, a two-tower mixed-use project located at 2675 South Bayshore Dr. in Coconut Grove. The development includes 95 residential units. The office space is expected to take nine months to build out.

The firm will locate all of its Miami-based business into the new office location, which includes Monument Capital Management and Newport Property Construction, as well as an array of sports and wellness, media and entertainment organizations, real estate interests and venture capital. A-Rod Corp was founded in 2003 by baseball player Alex Rodriguez.

“The thought of having the entire A-Rod Corp. Miami-based family under one roof has long been a desire of mine,” said Rodriguez. “Not only is it very positive for economies of scale, complementing our other office locations around the country, but it will facilitate the synergistic, creative environment we look to foster.”

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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