There’s an opportunity for cool blockchain companies to be one of the new economic pillars of a revitalized downtown Miami.
Developer Moishe Mana is leasing six floors (2, 3, 7, 8, 9 & 10) at 100 E. Flagler Street and is targeting blockchain companies. The announcement comes as Miami is about to host a major blockchain event.
Colliers International South Florida Executive Vice President Mika Mattingly’s team is the exclusive leasing agent. Colliers’ Urban Core division is marketing the space in what will be known as the “Block Building.”
The asking rent ranges from $20 to $24 per square foot. The building will act as an incubator and offer tech companies rent flexibility on a case-by-case basis, a press release said.
“The ‘Block Building’ offers a centralized building for tech. The high ceiling loft-like space and the low rise aspect of the building allow tenants to connect to the street and work around the corner from Whole Foods and many cool upstart bars,” says Mattingly, who helped Mana acquire units in the building. “Moishe wants to bring the best and the brightest in tech to help create a culture of innovation and entrepreneurship in downtown Miami. It is all about critical mass. The space, with soaring ceilings, expansive windows and panoramic views of downtown, will be a winner with this type of tenants. By dedicating office space to Blockchain companies, we will create a thriving tech scene in Miami.”
The Real Deal reported in March that Mana paid $4.75 million for more than 25,600 square feet of condo office space on floors 2, 3, 8 and 9 at the 10-story building, which has a Wells Fargo office on the ground floor. In late 2016, he paid $1.7 million for the two-story penthouse.
Miami-Dade property records indicate the building is one of the newer ones in the historic core of downtown Miami since it was built in 1976.
SFBW provided an update in mid-September on efforts to revitalize downtown, where underutilized historic buildings face major transformations and redevelopment. Mana is a major player because he has bought nearly $300 million in properties downtown with Mattingly as his broker of choice. Mattingly was previously featured on the cover of SFBW.
The Blockchain Shift event in Miami, from Oct. 11-12, is targeting thought leaders and experts, including crypto and institutional investors, bankers, attorneys, government officials, service providers, as well as representatives of blockchain architecture startups, projects working on tokenizing real assets (such as real estate, music and art), as well as enterprise companies.
The two-day event is being held at Mana Wynwood and Moishe Mana is among the speakers.