Simon Says: Buy Brickell City Centre —The $548 Million Power Move Explained

What do you get when a U.S. shopping mall giant makes a $548.7 million move in the heart of Miami?

 

You get one of the biggest commercial power plays Brickell’s ever seen.

 

Hey, it’s Amit, and in this episode, we’re talking about Simon Property Group—yes, the Simon behind malls across the country—buying out the remaining stake in Brickell City Centre’s retail and parking components from Swire Properties.

 

Why is this such a big deal? Because this isn’t just a real estate story—it’s a bold vote of confidence in Miami’s future.

 

Here’s what I cover in today’s episode:

 

• The scope of the $548M acquisition—and why Simon already had their foot in the door
• What this means for Brickell’s evolution as Miami’s financial and luxury lifestyle epicenter
• Why foreign sellers like Hong Kong–based Swire are exiting—and what it signals for global capital in Miami
• What Simon’s ownership could mean for retail mix, tenant experience, and future development
• How this move affects you if you’re an investor, agent, buyer, or someone eyeing a condo above Zara

 

Spoiler: When a retail titan like Simon goes ALL IN on Brickell, it tells us Miami isn’t slowing down—it’s accelerating.

 

So whether you’re sipping an espresso at La Centrale or plotting your next luxury buy, this is one Miami move you don’t want to miss.

 

If you ever want to buy or sell a property anywhere in the world, our team would be honored to help get you to your next destination.

 

Until next time, stay curious, stay hungry, and as always… stay ALL IN!

 

Amit Bhuta

COMPASS

ALL IN Miami Group

Licensed Real Estate Agent

 

(305) 439-3031 Mobile

amit.bhuta@compass.com

ALLinMiami.com