Diageo will move its Miami office to Coral Gables in the fall of 2013.
The world’s leading spirits company will move from its current office at Blue Lagoon when its lease ends and relocate to 396 Alhambra Circle in Coral Gables.
Diageo has 175 people based in its Miami office, the majority of whom work for the Latin American and Caribbean region that is headquartered in Miami. The company has signed a 10-year lease in Coral Gables at 396 Alhambra, which is owned by Agave Holdings. The 32,527 square foot office has received LEED Silver and Gold certification.
“The new office is an important hub for not only Diageo North America, but also serves as the gateway to Latin America and our successful – and growing – business there,” said Randy Millian, Diageo President, Latin America and Caribbean. “We are excited to join the Coral Gables community.”
With the completion of the Diageo lease, the 282,000-square-foot Coral Gables office building is now 65 percent lease just one year after its opening. Diageo will join a roster of existing tenants that includes HBO Latin America, Millicom International Services, law firm Richman Greer, Banco Pichincha and CitiBank
“The addition of Diageo strengthens 396 Alhambra’s standing as the Class A address of choice for major multinational users in the Coral Gables market,” said Danet Linares, executive vice president at Blanca Commercial Real Estate, which represented Agave in the transaction.
“Diageo’s decision to relocate to Coral Gables reaffirms that the area is a vibrant business center for the greater Miami area,” said Jose Antonio Perez Helguera, managing director for Agave Holdings.
Danet Linares and Andres del Corral of Blanca Commercial Real Estate represented 396 Alhambra in the transaction, while Joe Garvey of CLW Real Estate Group represented Diageo.