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Ken Griffin Buys Condo Building for Citadel HQ

Bloomberg Markets •
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Billionaire Ken Griffin is continuing his aggressive real estate acquisition strategy in Miami, with his latest move involving the purchase of an entire condominium building situated directly across from the site of his planned Citadel headquarters.

Griffin's firm acquired all 138 units in the pre-war cottage-style building, a move that underscores his commitment to consolidating property around his new corporate campus. This acquisition follows a pattern of extensive land assembly in the area, demonstrating a significant investment in the Miami financial district.

The purchase of the condo building, which is reportedly older and across the street from the new headquarters site, adds to Griffin's growing portfolio in Miami. The exact financial details of the transaction were not immediately disclosed, but the scale of the purchase highlights the strategic importance of the location for Citadel.