Microsoft is considering opening an office in Miami's business core.
According to multiple sources who declined to be named, Microsoft is reviewing at least two Class A options for a new Magic City footprint: one, at the still-under-construction 830 Brickell, and the other at 801 Brickell office tower. All sources cited the sensitive nature of ongoing discussions as the reason for reticence.
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Microsoft already has a physical presence and staff in South Florida, including a Latin America group in Fort Lauderdale. The purpose of a new office — or its size — were not clear. A Microsoft representative declined to comment.
Should it sign a lease, Microsoft would join global financial group Blackstone among corporate behemoths that have established a substantial technology presence in Miami. Last week, Blackstone announced it had signed a multi-year lease at 2 MiamiCentral to house as many as 215 employees. Terms were not disclosed.
Business Insider was the first to report the Microsoft news.
While other technology firms including Twitter and Spotify have offices here, these are primarily designed to serve Latin American markets.
Alan Kleber, managing director at commercial real estate group JLL Miami, said the interest in Miami among potential new-to-market corporate clients over the past several months is unprecedented.
"I have never seen anything like it," he said.
Historically, he said, most new-to-market tenants have merely looked to establish a beachhead from which to serve hemispheric clients.