Create a Free Account
Create an account to get access to market analysis, demographic information, and insider tips in your area. Registration is free and we never sell your information
When you complete the free registration, you’ll be able to:
View market trends Learn about local trends including price changes, number of listings available, and average selling time.
There has been extensive speculation on the rumor that Burger King Worldwide is looking for a new location for their corporate headquarters in Miami-Dade. Their current location, near Miami International Airport, consists of 200,000 square-feet leased, with the company being the only tenant at 5505 Blue Lagoon Drive. The impressive structure can be seen from State Road 836 and, according to a statement, “The Burger King Corporation has a long term lease in the Blue Lagoon area and has no current plans to move its headquarters.”
Evidence exists, however, that the Miami-based company is looking to move. The Business Journal obtained an email Newmark Grubb Knight Frank Vice Chairman, Jon Bourbeau, sent to brokers offering part or all of the building as a sublease. Sources believe that the current owner is not interested in giving up more than 50,000 square feet of space and, instead, has chosen to relocate. It seems that the company is considering several neighborhoods in Miami-Dade that can handle its parking requirements and possibly allow for a brand new building.
Further sources indicate that BK plans to stay in the Miami-Dade area, with many speculating The Omni Center in Brickell as a possible location. It has enough space, can handle the parking requirements, and flaunts close proximity to Miami Beach, Wynwood, and “where everything is happening.” The Genting Group recently became owners of the Omni Center and the adjacent lands, including the former headquarters of the Miami Herald. There has been talk of plans for a staggeringly huge resort condominium and casino in the area from The Genting Group, so maybe BK wants the headquarters nearby. Other neighborhoods in the running are Midtown and Coral Gables.
Brickell residents are thrilled that la centrale, the anticipated italian food hall, is preparing for its grand opening this coming december... Read More