Mika Mattlingly

Developer and investor Moishe Mana has made his 49th property purchase in the Flagler Street corridor in downtown Miami.

Mana is planning a large-scale, mixed-use project with residential, office and retail space, although specifics are yet to be unveiled.

Mana bought 25,624-square-feet of office space on the second, third, eighth and ninth floors of the office building at 100 E. Flagler St. for $4.75 million from Popular Condo #3 LLC. The deal closed Friday.

Mana is perhaps best known in Miami for his investments in Wynwood, the internationally recognized arts district that once consisted mainly of rundown industrial buildings.

His properties include Mana Wynwood, a space for filming, art and fashion shows and other events at 2217 NW Fifth Ave. He also has amassed holdings with plans for a mixed-use project with residences, offices, a cultural center and trade center with partners from Asia and Latin America.

But Mana also has plans for the downtown corridor where he has bought nearly $270 million of property.

His past purchases include 30 E. Flagler St., the Biscayne Building at 19 W. Flagler St. and other office condos in the 100 E. Flagler St. building. In November, he bought a 15,000-square-foot vacant parcel at 151 NE First Ave. for $9.27 million.

Mana's downtown assemblage isn't contiguous, but the properties are within walking distance of each other, Mika Mattingly, Mana's broker on most of his downtown purchases, has told the Daily Business Review.

Mattingly, who co-leads Colliers International South Florida's urban core division, and Linn Ahsberg, Colliers commercial associate for South Florida capital markets, represented Mana in his latest purchase.

Mattingly has represented Mana on all but a few of his downtown buys.

“This acquisition fits perfectly with Moishe Mana's vision to revitalize downtown Miami,” Mattingly said by email. “He already owns the building next door and three other buildings on the same block, so this purchase is the final execution of his master plan.”