News
Colliers’ Urban Core Division Represents Buyer Moishe Mana Acquisition
As Downtown Miami prepares for a wave of new development, investor Moishe Mana has acquired a vacant land parcel at 151 NE 1st Street, the latest in a series of strategic acquisitions represented by Mika Mattingly of the Urban Core Division at Colliers International.
Mana purchased the 15,000 square foot parcel for $9.27 million from seller Erie Corporation, represented by Jay Chung of Elijah Venture Corp.
The sale price breaks down to $618 per square foot and strategically positions Mana with an expanded footprint for development in and around Flagler Street. In total, Mana owns more than one million square feet of building and 8 acres of land in the urban core.