Alphabet Quadruples Miami Office to 45,000 Square Feet as Co-Founders Buy $239 Million in Homes
Updated
Updated · The Real Deal · Jul 22
Alphabet Quadruples Miami Office to 45,000 Square Feet as Co-Founders Buy $239 Million in Homes
3 articles · Updated · The Real Deal · Jul 22
Summary
Alphabet signed a spring deal to expand its Miami office to about 45,000 square feet from 10,000 at 1450 Brickell Avenue, a move that signals a deeper commitment to the city.
The expansion follows major South Florida home purchases by Google co-founders Larry Page and Sergey Brin, with Page spending $188 million in Coconut Grove and Brin paying $51 million for a Miami Beach property.
That office growth cuts against the view that tech firms are opening only token Miami outposts while keeping most operations elsewhere, even though Google declined to comment on the deal.
South Florida's pandemic-era appeal to companies and wealthy executives has revived with fresh relocations and purchases, including Palantir's headquarters move and Mark Zuckerberg's $170 million Indian Creek home.