Apple expands with new office in Coral Gables, Florida

Apple is upgrading its presence in the Miami, Florida area grabbing 45,000 square feet in a new building in Coral Gables, a wealthy suburb just south of Miami, Bloomberg News reports citing “people familiar with the matter.”

Anna J Kaiser and Mark Gurman for Bloomberg News:

The company already has a smaller office in the vicinity, which has focused mostly on Latin America as well as the advertising business, including selling ad slots in the App Store.

South Florida has been a magnet for the ultra-wealthy and their companies since the pandemic upended the US economy, with firms either outright moving to the area or expanding their footprints. Amazon.com Inc. is looking for roughly 50,000 square feet in Miami, after founder Jeff Bezos moved to Florida from Seattle. Microsoft Corp. has also leased a new office in the city, in the same building that will serve as headquarters for Ken Griffin’s Citadel.

Apple’s new Miami space will be at The Plaza Coral Gables, a project bankrolled by Agave Holdings, a Mexican family office powered by tequila money.

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[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

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