phone firm doubles size of Miami headquarters
a supplier of cell phones to Latin America, will start the new year in new corporate
headquarters at Beacon Center that more than doubles the size of its present
company leased 118,897 square feet at the industrial park at 8323 NW 12th St.,,
said Tony DeRosa, a broker at Westvest Associates who represented the telecom
giant in the deal. Its present offices are in 48,000 square feet at 2701 NW
107th Ave., according to spokesperson Marcelo Claure.
said the move is scheduled for Dec. 29.
Petersen, Brightstar principal, said the new facility, which will be used for
product development, manufacturing, storage and distribution, will "definitely
mean more local jobs if we continue to expand."
firm now employs about 200, Mr. Claure said.
consolidated revenues of $355 million at the end of 2000 and expectations of
topping $500 million for 2001, Brightstar claims to be the largest and fastest-growing
US distributor of cell phones and other wireless products to Latin America and
company was founded in 1997 in Miami and expanded US operations in October by
opening a US headquarters in Vernon Hills, IL, just outside Chicago. It was
ranked the eighth-largest, Latino-owned company in the nation by "Hispanic
33,000 square feet of the new space in Miami, or nearly 28%, will be used for
offices, said David Spillers, vice president of sales & leasing for Codina Realty
Services Oncor International, which represented Beacon Centre in the transaction.
atypical," he said. "The average is more like 10%, and not long ago
it used to be 5% to 7%."
said the space was built-out by former tenant CHS Electronics.
205-acre park is now about 99% occupied, Mr. Spillers said. Other recent leases
include Premium Flowers, which took 24,000 square feet; Riverdale Farms, also
a flower vendor, 32,000 square feet, and UTC, a logistics firm, 14,000 square
which developed the park, sold it to Boston- and San Francisco-based AMB Properties
about a year ago.