Business

Diageo moving office to Coral Gables

 

ewalker@MiamiHerald.com

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.

Read more Business stories from the Miami Herald

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Videos

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category