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Amancio Ortega Buying Design District Building For $110M

Billionaire Amancio Ortega pays roughly $110M for Miami Design District building

His family office, Ponte Gadea, acquired Atlas Plaza, home to a Rolex store and Michael's Genuine, one of the neighborhood’s longest running restaurants

Simon Property Group’s David Simon, Turnberry’s Jackie Soffer, Invesco Real Estate’s Scott Dennis, Pontegadea’s Amancio Ortega and GFO Investments’ Russell Galbut

Simon’s $512M Brickell City Centre buy tops big year for South Florida retail

Investors flocked to South Florida in 2025, spending over $1.2 billion on the 10 largest trades

WeWork's Andre Fernandez with the National building

Commerz files $360K eviction suit against WeWork

Tenant allegedly owes outstanding balance for National building lease

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