396 Alhambra Signs New 32,500 SF Tenant

Connecticut-based Spirits company Diageo has announced that it will be relocating its Miami office to the 396 Alhambra complex in Coral Gables.
Diageo’s lease at its current location at 5301 Blue Lagoon Drive is expiring, and the company has signed a 10-year lease at the new site, which is owned by Agave Holdings. The deal is for a total of 32,527 square feet.
“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, in a statement. “We are excited to join the Coral Gables community.”
All Diageo employees based in Miami will be relocated to the new Gables office, which supports the company’s North America, Latin America and Caribbean regions.
Danet Linares and Andres del Corral of Blanca Commercial Real Estate represented 396 Alhambra in the deal. CLW Real Estate’s Joe Garvey represented Diageo.
Source:  The Real Deal



Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.