Ken Griffin and Goldman Properties Buy 545 Wyn Office Building for $180 Million

Billionaire Ken Griffin, founder of global investment firm Citadel, has teamed up with Miami-based Goldman Properties to purchase the 10-story office building 545 Wyn in Miami’s Wynwood neighborhood for approximately $180 million. This high-profile acquisition underscores continued investor confidence in South Florida’s office market and adds to Griffin’s expanding local real estate footprint.

A Strategic Partnership in Wynwood’s Office Market

The acquisition of 545 Wyn at 545 Northwest 26th Street — also referred to simply as 545wyn — involves a collaboration in which Goldman Properties will manage the asset while Ken Griffin provided the bulk of the capital. The sellers were Chicago-based developer Sterling Bay, which developed the building in 2020/2021 after purchasing the land from Goldman Properties several years earlier.

At roughly 298,000 square feet of office space plus more than 26,000 square feet of ground-floor retail, 545 Wyn is one of Wynwood’s most prominent commercial properties. Tenants include major brands like Sony Music Group, PwC, architecture firm Gensler, cryptocurrency exchange Gemini, and crypto-backed mortgage lender Milo, reflecting the diversity of the building’s tenant roster.

Features That Raise the Bar for Wynwood Offices

Beyond its prime location, 545 Wyn offers a suite of tenant amenities that enhance its competitive edge:

• Private outdoor amenity deck (~18,000 sq ft)
• Tenant amenity floor (~14,000 sq ft)
• Indoor-outdoor lounges
• Covered parking for ~441 vehicles

These features contribute to Wynwood’s reputation as one of Miami’s most dynamic environments for technology, creative, and finance companies — a neighborhood increasingly in demand by both tenants and investors.

Ken Griffin’s Growing Miami Portfolio

This purchase is the latest in a series of high-value Miami investments by Griffin since relocating Citadel and Citadel Securities from Chicago in 2022. In recent years, Griffin has:

• Paid a record $363M for a waterfront plot in Brickell where he intends to build a new headquarters supertall tower with Related Companies.
• Occupied multiple floors of office space at 830 Brickell and Southeast Financial Center for Citadel operations.

The Wynwood acquisition complements these moves by strengthening Griffin’s presence in Miami’s commercial and urban core.

Goldman Properties’ Return to Wynwood Roots

For Goldman Properties — led by CEO Scott Srebnick — the deal represents a strategic return to Wynwood. The firm originally sold the development site that became 545 Wyn, helping catalyze Wynwood’s transformation from its industrial past into one of the region’s most vibrant business and cultural districts.

What This Means for Miami’s Office Sector

Miami’s office market has continued to attract national and international investors, even as similar markets grapple with uncertainty. The 545 Wyn transaction highlights:

• Continued demand for flexible, amenity-rich office space in urban districts.
• Premium rents and leasing activity in neighborhoods like Wynwood, where Class A assets remain attractive to both tenants and buyers.
• Strategic confidence from deep-pocketed investors, signaling belief in Miami’s long-term commercial real estate prospects.

As Miami evolves as a global business hub, high-profile deals like this one continue to shape the narrative of office space investment and urban development across South Florida.