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Microsoft is considering moving part of its operations to Miami and joining financial group Blackstone in establishing a solid technology presence in the city. Reported Miami Herald.
Florida’s lack of state income tax has long made it an attractive option for many corporations from high-tax states, such as New York and California.
Microsoft is reviewing at least two Class A options for a new Magic City footprint: one, at the still-under-construction 830 Brickell, and the other at 801 Brickell office tower. Microsoft already has a physical presence and staff in South Florida, including a Latin America group in Fort Lauderdale.
Should it sign a lease, Microsoft would join global financial group Blackstone among corporate behemoths that have established a substantial technology presence in Miami. Last week, Blackstone recently announced it had signed a multi-year lease at 2 MiamiCentral to house more than 200 new tech employees.
Read More at MIAMI HERALD: https://www.miamiherald.com/news/business/article248483095.html