DCOTA Financial Settlement Announced by Cohen Brothers Realty Corporation
(Dania Beach, FL – January 13, 2020) Charles S. Cohen, the national real estate developer who heads Cohen Brothers Realty Corporation, today announced a financial settlement regarding DCOTA (Design Center of the Americas), the multi-building 800,000 square feet high-end design showroom and office complex located at 1855 Griffin Road in Dania Beach, FL.
"DCOTA's mortgage has been successfully refinanced and all foreclosure litigation has been withdrawn and settled," says Cohen, who purchased the property in 2005 and remains firmly in control as 100 percent owner.
Conveniently located right off I-95 and just minutes from the Fort Lauderdale-Hollywood International Airport, DCOTA serves the design community with the finest campus amenities and showrooms in the industry, attracting world-class designers, architects, decorators, dealers and their clients. DCOTA is the largest design campus of its kind in the world and caters to any residential, yacht or office project. High design is showcased within over 60 prestigious showrooms representing premier manufacturers from around the world. Fine indoor and outdoor furniture, fabrics, flooring, lighting, kitchen, bath, accessories, appliances, window treatments, wallcoverings, decorative hardware, paint and surfacing are just some of the resources found within the center.
DCOTA has attracted a number of new luxury showrooms over the last two years, including The Rug Company, Beltempo USA, Gloster, HOLLY HUNT, Pierre Frey, Armazen Design, Hans Krug, Mantra Furnishings, Planar, and Cinematech, among others. Several other exclusive brands have recently expanded their showroom space, such as Eggersmann USA, Downsview Kitchens, SieMatic, and Schumacher + Patterson Flynn Martin.
On the office/corporate side of DCOTA, the current tenant roster includes such blue chip names as JetBlue, Chiquita Banana, Chewy, Nearpod, Intelepeer, The Stars Group, Elite SEM, and Orthosensor.
Cohen Brothers Realty Corporation is a private commercial real estate development and management firm with a portfolio of over 12 million square feet of office towers and design center buildings, including Manhattan's renowned Decoration & Design (D&D) Building, Southern California's Pacific Design Center in West Hollywood, Decorative Center Houston (DCH) and the Design Center of the Americas (DCOTA) in South Florida.
For more information, please visit www.DCOTA.com.
DCOTA (Design Center of the Americas)
(Photo Credit: Scott Frances)