---
id: "entity-citadel"
type: "entity"
entityType: "organization"
canonicalName: "Citadel"
aliases: ["Citadel LLC"]
source_timestamps: ["00:10:00"]
tags: ["hedge-fund", "tenant"]
related: ["entity-ken-griffin"]
sources: ["jayroberts"]
sourceVaultSlug: "jay-roberts-florida-condo-development-2026Jun25"
originDay: 4
---
# Citadel

## Citadel

**Type:** Multinational hedge fund and trading firm  
**Founder/CEO:** [[entity-ken-griffin]]  
**Notable move:** Relocated headquarters to Miami.

### Role in This Vault

[[entity-jay-roberts]] cites Citadel as a **prime example of the high-end commercial tenants driving up office rents in Brickell** — the move from ~$65 to $150+/sq ft. This price action is the **market signal** that motivated Prosper Group to incorporate [[concept-office-suite-condos]] into their development plans.

Whether these elevated rents persist is a tracked open question — see [[question-office-rent-sustainability]].