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A real estate developer is moving its Brickell office to the new One Cocowalk office building, and the second story of the shuttered Gap store is being converted into offices.
Manhattan fell from its perch as one of the top two markets for liquid commercial property and was replaced by two Europe-based cities. However, the global market is collectively reeling from COVID-19's impact.
There has been a scarcity of Union Square retail newcomers during the pandemic, and Polestar chose the Macy's location for its high-profile nature, which should drive customers to the popup location.