The Real Deal Miami

Moishe Mana adds to Flagler Street assemblage

The Israeli developer purchased an arcade-style building
September 16, 2014 03:45PM

The ‘Flagler Jewelry Center’ and Moishe Mana

The Flagler Jewelry Center and Moishe Mana

Israeli businessman Moishe Mana picked up another Flagler Street building, adding to an assemblage. Mana has now acquired some 200,000 square feet of retail space in the area.

The 1938-built structure was the former W.T. Grant Store — at one time the highest-grossing store in the chain. Now dubbed the Flagler Jewelry Center, the 21,000-square-foot building features an arcade layout. The transaction has not been recorded by Miami-Dade County.

“Mana envisions Flagler Street returning to its former grandeur. It just takes one person with a vision to ignite the process, and Moishe Mana is that person“ broker Mika Mattingly said in a press release. Mattingly and Shai Ben-Ami of Sterling Equity Commercial represented Mana’s company in the deal.

Miami-Dade commissioners recently approved a $13 million improvement plan for Flagler Street. – Christopher Cameron