Michael Betancourt | South Florida Retail CRE

South Florida retail real estate advisor focused on leasing, tenant representation, site selection and investment sales. CBRE. Miami born and raised.

[Traded: Miami @tradedmiami]

UNDER CONTRACT
IMAGE: Ken Griffin & Moishe Mana
DATE: 08/28/2026
ADDRESS: 318 Northwest 23rd Street
MARKET: Miami, FL
ASSET TYPE: Mixed-use ~ ACRES: 30

BUYER: Ken Griffin - Citadel
SELLER: Moishe Mana - Mana Common

PRICE: $700,000,000

NOTE: Billionaire hedge fund manager Ken Griffin is reportedly buying Moishe Mana’s 30-acre Mana Wynwood campus for $700 million to more than $1 billion, potentially setting a South Florida real estate record. Most of the deal has already closed, with completion expected by December, while Griffin’s plans for the site remain undisclosed but could include an education-focused or technology campus.

#Miami #RealEstate #tradedmia #MIA #Miami #Mixeduse #KenGriffin #Citadel #MoisheMana #ManaCommon

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

I’ll be attending @ICSC FLORIDA in Orlando, August 30 to September 1.

Looking to connect with landlords, retailers, developers, investors, and brokers to discuss South Florida retail opportunities, site selection, leasing strategy, and investment sales.

DM me to schedule time.

#ICSCFlorida #RetailRealEstate #MiamiCRE #CBRE

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@sunnyilyas That’s the goal just be a little better than yesterday

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@DanielHerrold @ICSC See you there

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@credealjunkie Try now

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@kaylanknit Gotta love the zoning department!!!

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@TristenPalori Going to check this out tomorrow

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@ConnorAbene Model

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@SMB_Attorney LOI

[New York Post @nypost]

Palantir moves headquarters to Miami and joins growing tech exodus to Florida https://t.co/mp2SckCOnI

[New York Post @nypost]

Miami surpasses NYC as major US city with most homes costing $1M or more https://t.co/O2Qsg8tC8i

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@realEstateTrent A must attend event!

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

Retail sales up. Foot traffic back.
Consumers skipping basics but spending on vibes.

Miami street retail is not soft.
It is selective.

Experience wins. Commodity loses.

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@DanielHerrold I try to stop by my mom’s house a couple times a week in the afternoon and just hangout and talk always worth it.

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@DanielHerrold Done!

[South Florida Business Journal @SFBJNews]

The first mixed-income Live Local Act project to break ground in South Florida will include both apartments and townhouses, with the developer planning to dedicate nearly 60% of units to workforce housing rather than the 40% minimum required by state law. https://t.co/clvlvKzrbR

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@alexgroberman Following

[Michael Betancourt | South Florida Retail CRE @MikeBetCRE]

@BojanRadojici10 Would love the PDF version