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Microsoft Signs 50,000 Sq Ft Lease In Miami

September 30, 2021

Microsoft has finally landed in Miami. Earlier this month, the tech giant announced that it has signed a 50,000 sq ft lease in Brickell.

Redmond, Washington-based Microsoft will use the space at 830 Brickell as its new regional headquarters, according to a statement posted on LinkedIn by Mariana Castro, Microsoft’s vice president of sales, marketing and operations for Latin America.  “I am excited to share that our Microsoft Latin America regional team has a new future home at 830 Brickell in Miami,” said Mariana Castro. “This space will become our new regional hub in addition to supporting other Microsoft businesses.”

The announcement represents another boost to a Miami tech narrative that was transformed one year ago when global investment giant Blackstone announced it would be opening a tech office here. Since then, Miami has landed executives from Silicon Valley venture heavyweight Founders Funds, welcomed a slew of new tech entrepreneurs like Shutterstock founder Jon Oringer, and seen other, homegrown tech entities, like SoftBank and REEF, announce expansions.

“This move will unite employees across multiple locations supporting collaboration, inspiration, and productivity,” Castro continued. “The new location will also serve as a bridge to deepen relationships with our customers while navigating the ever-changing hybrid work environment and maintaining Microsoft’s high standards around sustainability and accessibility.”

“Miami is No. 1 in job growth and we have a 29% increase in tech industry job postings this year….and that’s all before landing a whale like Microsoft,” Miami Mayor Francis Suarez said in a statement. “Microsoft’s announcement of building their LATAM regional hub right here in Brickell is the latest example of the FlyMo (flywheel + FOMO) effect at work and I’m so glad to introduce them to the Miami Movement.”

Microsoft’s Miami office “is rocket fuel for our city’s growth as a technology hub,” said Manolo Reyes, chairman of the Miami Downtown Development Authority (DDA). “Microsoft’s office in the Brickell Financial District will be a magnet for other tech firms and the businesses that serve them, and that activity will have a direct impact on our Miami economy. The Miami DDA has been recruiting tech companies dating back nearly a decade, and the arrival of Microsoft will prove invaluable when it comes to showcasing the benefits of doing business in Downtown Miami.”

The office is expected to open in 2023. Microsoft has not yet disclosed how many jobs will be based out of the Miami office.

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Rebeca Castellon Group
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Rebeca@Property305.com

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