Selling Miami’s future | Mika Mattingly | Colliers International Urban Core Division | Page 4

COVER STORY STORY COVER Pubbelly Boys Group created PB Station, a bar and restaurant, in the Langford Downtown Miami FINDING OPPORTUNITY AFTER THE CRASH Mattingly, who is now part of Colliers International’s urban division, happened to be in the right place at the right time to work with Mana on the transactions. She entered the real estate business in 2008 and worked for Majestic Properties and Metro One Properties, but then struck out on her own. “It’s good to be a rogue agent as a woman, because you make a lot of friends,” she says. Mattingly met Mana through the owners of Gigi and Bardot, the popular restaurants in the Wynwood neighborhood. “They knew how cool the downtown was. I had all the inventory, but I didn’t have any of the buyers,” she says. “He had never set foot downtown, but he fell in love.” Only two of the 42 buildings that Mana bought were listed for sale, Mattingly says, 26 DECEMBER 2016 • www.sfbwmag.com but she had already knew about a lot of the owners. Some of the buildings had not traded hands in 100 years. Mattingly describes Mana as charming and nice. “He was my secret weapon in getting the deals done. It was a two-year whirlwind with him,” she says. Signs of the transformation are cropping up even before Mana unveils details of his plans. One example is the Langford Downtown Miami, which is in a 1925 Beaux Arts building listed on the National Register of Historic Places. Its ground-floor PB Station restaurant and rooftop Pawn Broker bar are hot spots for downtown workers. Mattingly has the listing for the historic, five-story, 48,847-square-foot Walgreen’s building at 200 E. Flagler St., which is home to the La Epoca department store. Mattingly is full of historical stories as she gives a tour. Charles Walgreen was a major purveyor of alcohol, which druggists could prescribe during Prohibition, and was friends with Al Capone, she says. There was a tunnel from Walgreens to the Olympic Theater, which had gambling. Mattingly showed an unused bank vault in one building and told how there was a chute for Capone to throw money down. MANA LIKES HISTORICAL STRUCTURES While downtown has a historical designation, it’s not a protected district, so some buyers may tear down structures as desired. But don’t count Mana among them. “I like the older stuff; I’m a bit sentimental in that way,” he said in an interview with Trillionaire magazine. (Mana was traveling overseas and couldn’t be reached by SFBW for an interview.) He made an analogy about downtown.