Moishe Mana buys more office condos at 100 East Flagler

Developer has yet to announce his plans for downtown Miami assemblage

TRD 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
Alex Rodriguez, Tom Murphy, Jorge Pérez, Gil Dezer, and Jackie Soffer (Credit: Michael Loccisano/Getty Images)

Money in the bank: Here are the South Florida real estate players who got PPP loans

Money in the bank: Here are the South Florida real estate players who got PPP loans
One Thousand Museum

Chicago investor pays $11M for units at One Thousand Museum

Chicago investor pays $11M for units at One Thousand Museum
Dan Kodsi and Legacy Hotel & Residences

For future pandemics, Miami Worldcenter plans $60M health center

For future pandemics, Miami Worldcenter plans $60M health center
Denis-Christel Sassou Nguesso and 900 Biscayne Boulevard (Credit: Wikipedia and Facebook)

Congo president’s son allegedly used embezzled money to buy Miami condo

Congo president’s son allegedly used embezzled money to buy Miami condo
Fourth Avenue Church of God (Google Maps)

Church near Flagler Village to be redeveloped into mixed-use project

Church near Flagler Village to be redeveloped into mixed-use project
Rendering of the project and Russell Galbut

Crescent Heights buys out partner on two downtown Miami sites

Crescent Heights buys out partner on two downtown Miami sites
(Credit: iStock)

Luxury condo prices drop in downtown Miami amid lockdown

Luxury condo prices drop in downtown Miami amid lockdown
Harvey Hernandez, Centro Condo

Harvey Hernandez sued over delinquent loan for downtown Miami condo project

Harvey Hernandez sued over delinquent loan for downtown Miami condo project
arrow_forward_ios

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

Loading...