More global companies call Coral Gables home

More global companies call Coral Gables home

396 Alhambra Circle

Coral Gables continues to attract major companies to its downtown.

Diageo, a world leader in spirits, wine, and beer is relocating its Latin America headquarters to the city in the fall. All 175 Diageo employees based in Miami will move from Blue Lagoon to 396 Alhambra Circle (corner of LeJeune Road and Alhambra Circle), the new 273,000- square-foot, two-tower, Class A office and retail project in the heart of downtown Coral Gables.

The company leased a 32,527-squarefoot space which will be designed to provide a state-of-the-art workspace. Diageo joins Bacardi, the largest privately held spirits company in the world, in moving operations to Coral Gables.

“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.”

Once employees move in, the office will support Diageo’s North America, Latin America, and Caribbean regions as well as the Global Travel and Middle East (GTME), and Diageo-Guinness USA business units. The company is listed on both the New York and the London stock exchanges.

Another major multinational company also is preparing to relocate to 396 Alhambra Circle. Mondelez International, a world leader in snacks, leased 15,600 square feet of office space. The company will be moving its Latin America headquarters to the new building. It is currently operating in Coral Gables just a couple of blocks away.

In October 2012, Kraft Foods Inc. spun off its North American grocery business. Mondelez’s portfolio includes Kraft’s former global snacking and food brands such as Nabisco, Cadbury, Oreo and Trident.

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