Comras Company has fully leased 33,000 square feet in The Canopy, its newly repositioned mixed-used-use building in the heart of Coconut Grove, marking a significant milestone for one of Miami’s in-demand submarkets.

Tenants at The Canopy include Trinity Investments, ACORE Capital, Sasa Management, Link Business School and Principia Capital.

Originally developed by Michael Comras more than 25 years ago, the property has undergone multiple iterations, previously home to Spec’s Music, Old Navy, and Shaq’s 24 Hour Fitness. The latest redevelopment reimagines the building into a high-design office destination commanding top-of-market rents in one of South Florida’s most competitive markets.

The project’s full lease-up comes as Miami continues to benefit from sustained corporate relocations. Companies such as Palantir Technologies and a growing number of hedge funds and private equity firms, are further tightening Class-A office inventory and driving demand for boutique, walkable office environments like Coconut Grove. The neighborhood has also seen record-setting waterfront transactions, including purchases by Google co-founder Larry Page and billionaire investor Timothy Carver, highlighting the Grove’s appeal.

“Miami has become a magnet for capital and talent,” added Comras. “Our goal was to create a boutique office product that captures that momentum and serves the next generation of firms choosing Coconut Grove as their base.”

The Canopy is located directly across from the newly renovated Mayfair Hotel and CocoWalk, which Comras Company was a co-developer on and fully curated and leased. Within a five-minute walk are Michelin-starred Ariete, Bellini at Mr. C Hotel, Omakai Sushi and a wide range of luxury hotel and residential options.

The mixed-use building is now fully leased.