Galderma, the Swiss skincare and aesthetics giant has picked Miami for its new U.S. HQ.
FRENCH FIRM ACQUIRED
Miami-based H.I.G. Capital has acquired France Workwear, a Rentokil Initial subsidiary, for about $482 million. The French company provides workwear, linen, and hygiene services to 21,000 clients across 34 sites. H.I.G., managing $70 billion globally, continues expanding with acquisitions in Europe and North America.
ADP RELOCATES
ADP will relocate its Miami office to 703 Waterford Way in the Waterford Business District, leasing 78,315 square feet near Miami International Airport. The global HR software firm joins major tenants like Verizon, Lennar, and Carnival Corp., underscoring Waterford’s rise as a hub for global business.
MIAMI FREIGHT FORWARDER
Miami-based Gap Forwarding Inc. signed a 108,000-square-foot pre-lease at Countyline Corporate Park Phase IV in Hialeah, marking a 30% expansion and consolidation of its South Florida operations. Specializing in international freight forwarding, the firm’s new LEED-certified facility will strengthen Miami’s role as a global logistics gateway.
MIAMI SEAQUARIUM
Miami-based developer Terra has agreed to acquire control of the Miami Seaquarium for $22.5 million through U.S. Bankruptcy Court. The property’s current operator, Leisure Investment Holdings (the Mexico-based Dolphin Co.), filed to transfer its county lease to Terra. Operations will cease in late 2025 as animals are relocated.
FLIGHT UPDATES
JetBlue Airways will launch new international routes from Fort Lauderdale to Aruba, Cartagena, Grand Cayman, Liberia, San Pedro Sula, St. Maarten, and Cali starting Dec. 4. The expansion increases the airline’s Latin American and Caribbean service as part of its winter schedule.
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