South Florida Office Market Grows With $180M Wynwood Buy

Ken Griffin and Goldman Properties buy 545wyn in Wynwood for $180M, signaling strong demand in Miami’s growing office market.

January 16, 2026

Valerija I.

Ken Griffin and Goldman Properties acquired 545wyn, a 298K SF office building in Wynwood, for $180M.
Goldman Properties will handle building management, while Griffin provided most of the capital.
Wynwood office rents are among Miami’s highest, averaging $80.15 PSF.
Major tenants at 545wyn include PwC, Sony Music, and Gemini.

Key Takeaways

Investor Activity Boosts South Florida Office Market

Billionaire Ken Griffin, founder of Citadel, has partnered with Goldman Properties to purchase the 10-story 545wyn office building in Miami’s Wynwood arts district, says Bisnow. The $180M acquisition marks Griffin’s latest expansion in the South Florida office market, with Goldman Properties taking on management of the property.

The transaction, brokered by Eastdil Secured, involved Griffin supplying the bulk of the capital. The seller, Sterling Bay, initially developed the property after acquiring the site from Goldman Properties in 2018. The building delivered in 2020.

Property Highlights and Tenancy

The 545wyn building spans 298K SF and features amenities such as an 18K SF outdoor deck, a 14K SF amenity floor, indoor-outdoor lounges, and parking for 441 vehicles. Notable tenants include consulting firm PwC, Sony Music with a 45K SF lease, and cryptocurrency player Gemini, which signed for 9K SF last year.

Wynwood’s office submarket has drawn increased attention from tech and media companies, contributing to some of Miami’s highest office rents at $80.15 PSF, according to Savills. A recent major lease by a global e-commerce company further solidified the neighborhood’s reputation as a magnet for top-tier tenants. Amazon also entered the market recently with a major lease nearby.

Why It Matters

Citadel’s investment in Wynwood extends Griffin’s ongoing real estate activities in Miami, including land acquisition for an upcoming $2.5B headquarters in Brickell. Goldman Properties, with deep roots in the district, continues to play a role in its evolution from industrial zone to sought-after office destination.

This deal underscores the continued influx of capital and major tenants to South Florida offices, positioning Wynwood as a hub for both traditional and new economy firms.