Moishe Mana buys more office condos at 100 East Flagler

Developer has yet to announce his plans for downtown Miami assemblage

Miami /
Mar.March 26, 2018 04:30 PM

Moishe Mana (Photo by Marsha Halper)

Moishe Mana dropped nearly $5 million on office units at 100 East Flagler Street, adding to his holdings at the downtown Miami office building.

Mana paid $4.75 million for more than 25,600 square feet of office space on floors 2, 3, 8 and 9 at the 10-story Wells Fargo building. Popular Condo No. 3 LLC, led by Abraham Franco, sold the units.

Mika Mattingly and Linn Ahsberg of Colliers International South Florida brokered the deal. Mana owns the majority of the building with units on floors 2, 3, 6, 8, 9 and 10. In late 2016, he paid $1.7 million for the two-story penthouse at the office building.

Mana began investing in downtown Miami about four years ago, and has spent more than $270 million on real estate in the Flagler Street area since then. His plans for the more than 1 million square feet of building space and 8 acres of land in downtown include converting the properties into retail, office and residential. Zyscovich Architects is designing the project.

Property records show Mana also owns the adjacent building at 110 East Flagler Street, in addition to others on the same block. In November, he paid $9.27 million for a vacant lot at 151 Northeast First Street.

In Wynwood, Mana has amassed 40 acres where he plans to build the Mana Wynwood Americas-Asia Trade Center & International Financial Center, a trade hub and cultural campus.


Related Articles

arrow_forward_ios
Hyatt CEO Mark Hoplamazian and Gencom Founder and Principal Karim Alibhai with a rendering of the proposed three-tower development at 400 Southeast Second Avenue (James L. Knight Center) (LinkedIn, Gencom, Arquitectonica)
Hyatt, Gencom score Miami commission approval for James L. Knight Center referendum
Hyatt, Gencom score Miami commission approval for James L. Knight Center referendum
Lions Group's Albert Shirian, Fortis Design + Build's Andrew Lenahan and David Polinsky with renderings of the M Tower apartment project (LinkedIn, Fortis Design + Build, Nichols Architects)
Lions, Fortis Design propose 57-story apartment tower in downtown Miami
Lions, Fortis Design propose 57-story apartment tower in downtown Miami
Marc Anthony with One Thousand Museum (Getty, Refin)
Marc Anthony among buyers at Zaha Hadid-designed One Thousand Museum
Marc Anthony among buyers at Zaha Hadid-designed One Thousand Museum
Property Markets Group’s Ryan Shear, Kevin Maloney, Dan Kaplan and Greybrook’s Peter Politis with rendering of The Elser Hotel & Residences (Property Markets Group, Greybrook, Levy PR, iStock)
Here’s what happens to renters after developer converts Miami apartment tower to condos
Here’s what happens to renters after developer converts Miami apartment tower to condos
Plaza 100 building and the Brickell Arch office tower (JLL, Brickell Arch, iStock)
Lease roundup: Ritz Carlton’s yacht service leases in Fort Lauderdale, Hermès at 150 Alhambra
Lease roundup: Ritz Carlton’s yacht service leases in Fort Lauderdale, Hermès at 150 Alhambra
The Comras Company's Michael Comras with 6901 Biscayne Boulevard (Getty, The Comras Company, iStock)
Up in smoke? Comras loses bid to open medical marijuana dispensary
Up in smoke? Comras loses bid to open medical marijuana dispensary
Ricardo Vadia, Jon Paul Perez, and Oscar Rodriguez with District 225
Developers score $76M construction loan for Airbnb-branded condos in downtown Miami
Developers score $76M construction loan for Airbnb-branded condos in downtown Miami
Property Markets Group's Ryan Shear, Kevin Maloney, Dan Kaplan and Greybrook Realty's Peter Politis with rendering of The Elser Hotel & Residences (Property Markets Group, Greybrook Realty Partners, Levy PR, iStock)
Change of plans: Developer switches to condos from rentals at downtown Miami tower
Change of plans: Developer switches to condos from rentals at downtown Miami tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...