A property on Palm Beach’s Worth Avenue has been purchased for $83 million by 125 Worth LLC, a company linked to Ken Griffin‘s Citadel, Bloomberg reports.<br /><br />The property is located near a former Neiman Marcus store that Citadel plans to convert into an office. Citadel’s CEO Gerald Beeson is associated with the purchasing LLC, according to documents.<br /><br />Expanding Florida Presence: “Griffin has been boosting his Florida presence after moving headquarters for Citadel and Citadel Securities to the state,” the report states.<br /><br />In addition to the Palm Beach property, Griffin also plans to construct an office tower in Miami’s Brickell neighborhood.
