Key Takeaways
- • Billionaire hedge fund manager Ken Griffin is acquiring the 30-acre Mana Wynwood complex from Israeli-born developer Moishe Mana in a transaction valued between $700 million and over $1 billion, representing one of South Florida's largest real estate deals.
- • The property, located at 318 Northwest 23rd Street in Miami's Wynwood neighborhood, includes Mana's convention center and sits within a larger Wynwood portfolio spanning from Northwest 20th to 24th Street and Northwest Sixth Avenue to Northwest First Place.
- • Most of the transaction has already closed with completion expected by December 2026, though both Griffin and Mana initially denied sale discussions in January when contacted by The Real Deal.
- • Griffin's acquisition aligns with his broader South Florida real estate strategy, including over $1 billion in combined residential, commercial, and development investments; this deal follows his January purchase of the 545Wyn office building in Wynwood for more than $180 million alongside Goldman Properties.
- • Industry sources indicate Griffin may develop the site into an AI and technology campus with potential university partnership involvement, signaling strategic focus on Miami's innovation ecosystem positioning.
Summary
Citadel founder Ken Griffin is nearing completion of a major acquisition of the Mana Wynwood complex, a 30-acre property in Miami's Wynwood neighborhood currently owned by developer Moishe Mana. According to The Real Deal, the transaction is valued between $700 million and potentially exceeding $1 billion, positioning it among the largest real estate transactions in South Florida history. The property, located at 318 Northwest 23rd Street, includes a convention center and represents a cornerstone asset within Mana's broader Wynwood portfolio.
Sources indicated that the majority of the deal has already closed, with final completion expected by December 2026. However, both Griffin and Mana initially denied active negotiations when queried by The Real Deal in January, with a Citadel spokesman reiterating the earlier denial position despite recent developments. The uncertainty surrounding full portfolio acquisition remains—it is unclear whether Griffin's purchase encompasses Mana's entire Wynwood holdings spanning from Northwest 20th to 24th Street and Northwest Sixth Avenue to Northwest First Place, or if it is limited to the core 30-acre complex.
This transaction continues Griffin's aggressive expansion into South Florida real estate, where he has already deployed more than $1 billion across residential properties, commercial assets, and the planned Citadel headquarters tower in Miami's Brickell district. In January 2026, Griffin partnered with Goldman Properties to acquire the 545Wyn office building in Wynwood for over $180 million. Additionally, sources link Griffin to a $20.2 million acquisition of 35 units at Wynwood Lofts, immediately north of the Mana Wynwood property, though Griffin has not formally confirmed this purchase.
Industry insiders suggest Griffin intends to repurpose the Wynwood complex as an AI and technology campus, potentially incorporating a university satellite location as a strategic partner. The development aligns with Miami's positioning as an emerging technology and innovation hub, leveraging Wynwood's established cultural infrastructure and Griffin's substantial capital deployment capacity in the market.
Sources indicated that the majority of the deal has already closed, with final completion expected by December 2026. However, both Griffin and Mana initially denied active negotiations when queried by The Real Deal in January, with a Citadel spokesman reiterating the earlier denial position despite recent developments. The uncertainty surrounding full portfolio acquisition remains—it is unclear whether Griffin's purchase encompasses Mana's entire Wynwood holdings spanning from Northwest 20th to 24th Street and Northwest Sixth Avenue to Northwest First Place, or if it is limited to the core 30-acre complex.
This transaction continues Griffin's aggressive expansion into South Florida real estate, where he has already deployed more than $1 billion across residential properties, commercial assets, and the planned Citadel headquarters tower in Miami's Brickell district. In January 2026, Griffin partnered with Goldman Properties to acquire the 545Wyn office building in Wynwood for over $180 million. Additionally, sources link Griffin to a $20.2 million acquisition of 35 units at Wynwood Lofts, immediately north of the Mana Wynwood property, though Griffin has not formally confirmed this purchase.
Industry insiders suggest Griffin intends to repurpose the Wynwood complex as an AI and technology campus, potentially incorporating a university satellite location as a strategic partner. The development aligns with Miami's positioning as an emerging technology and innovation hub, leveraging Wynwood's established cultural infrastructure and Griffin's substantial capital deployment capacity in the market.
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