$461B Private Equity Firm Apollo Opens Miami Office After Employees Said They Prefer To Live Here

Apollo Global Management, a private equity firm with over 1,700 employees and $461 billion under management, is opening an office in Miami.

The company decided to open the Miami office after surveying employees on where they wanted to work from.

Matthew Breitfelder, Global Head of Human Capital at Apollo, said in statement that the goal of the new Miami office is to attract “the best and the brightest” talent.

The office is meant not only for current employees, but to also attract regional talent.

Law firm Greenberg Traurig said it agreed to license 3,500 square feet in its Downtown Miami office while the firm looks for permanent space.

Jaret L. Davis, co-managing shareholder of Greenberg Traurig’s Miami office, decided to make the space available to major companies moving to Miami after discussions with Miami-Dade County Mayor Daniella Levine Cava and City of Miami Mayor Francis Suarez, who noted that the availability of temporary office space in the Downtown Miami/Brickell corridor is scarce for companies relocating.

The Greenberg Traurig space is on the 44th floor of the Wells Fargo Center and was previously used for back-office operations.

Apollo has the option to extend the license for up to one year.

 

(photo: Phillip Pessar)

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RobbinHood
1 month ago

3,500 SF today… 350,000 SF tomorrow.

Rome wasn’t built in a day!

Anonymous
1 month ago

Keep em coming…welcome to the Magic City!!

Anonymous
1 month ago

So a $461 billion dollar company is working out of a storage room in downtown Miami.

Anonymous
1 month ago

Because we don’t have enough Class A office space to accommodate their needs. They also don’t know their own needs. They want to start operations and in that year they will feel out how much space they will require.

Anonymous
1 month ago

yes, with 7 or 8 employees

Anonymous
1 month ago

The majority of their operations will remain in NY, and Washington, DC.
This is where they want to live?
Sure, they only live here in the wintertime. Who the hell would pick this place to live from May to November?

Anonymous
1 month ago

I do and I am loving it!

Anonymous
1 month ago

Me

Anonymous
1 month ago

Who the hell would pick NY and DC for any time of the year? Hot humid summers held short by long overcast bitter cold winters. And watersports in Biscayne Bay vs the Potomac or NY Harbor?

Anonymous
1 month ago

I live six months in miami and six months in greece and i love it. Build A class offices , cultural centers, schools and universities and miami will transform to a world city. Not casinos and strip halls for the loosers.

Anonymous
1 month ago

May, October and November are not that bad. June, July and August are tough, but not impossible to live in. MIA is a short distance from most parts of the city, so if you need a break, you can hop on a plane and spend a couple of weeks cooling off up north.

Anonymous
1 month ago

Fort Lauderdale’s airport is pretty close also.

Anonymous
1 month ago

Why would you ever want to live in NY it’s nasty!

NYC Loves Miami
1 month ago

Correct me if I’m wrong, but I do believe the first half of summer has been hotter in NYC than Miami.

Anonymous
1 month ago

What a retard!

Anonymous
1 month ago

Hahaha…storage room…nice!
The 44th Floor of the Wells Fargo building isnt slumming it.

Anonymous
1 month ago

skeleton crew most likely that starts up the operations and scouts out a permanent location that works well for them, then also sets up the physical space with whatever they need – internet, desks, etc. Anyone in their right mind wouldn’t just go into a new city and buy a house without checking all the neighborhoods. Neither do companies. None would just rent a huge space with a lease then find that the building or area isn’t compatable.
It is called HOMEWORK.

Anonymous
1 month ago

That’s how much they want to be here

Anonymous
1 month ago

We need the Hines building in Park West/Miami World Center!! It’s beautiful, fits in well and Miami needs the space. Is it postponed or officially canceled?

Anonymous
1 month ago

Really? 3,500 sf is nothing

Anonymous
1 month ago

temp space

Anonymous
1 month ago

Wondering if they’ve shifted to more of a remote work experience for their employees. I work for a large company and we’re never returning to the office.

Anonymous
1 month ago

So….that’s two (2) apartments and a dozen employees. Let’s open a branch of Le Cirque!

Anonymous
1 month ago

Read my statement above:
7 or 8 employees and that’s a conservative figure.

Anonymous
1 month ago

3,500 sq ft for a new company is why we don’t see many new office buildings built here.

If that wasn’t clear to the people that comment “BUILD MORE OFFICE!” Go every post

Anonymous
1 month ago

It is literally temporary untill they get their own office. They are not building a 3,500 office

Anonymous
1 month ago

TEMPORARY !!! read the article again.

brickell
1 month ago

yeah they will open an office for few big shots who want to come to miami to fk around with models, and will add 20 call center operation type of jobs. Thanks.

Anonymous
1 month ago

3500 for 1700 employees????? Nice, very crowded office !!!!! 2 feet for employee……. .jejejejjejejejeje. I guest that everyone will be stand up working with a smart phone………. nothing else fit into two feet.
Cheers…… !!!

Anonymous
1 month ago

Yes, alll of them facing up !!!!!

Anonymous
1 month ago

Big whip! Only Miamians would find this major. It’s a just few people.

Anonymous
1 month ago

Okay but are theyre hiring locals, yes restaurants might get more traffic but locals need to be employed here.

Anonymous
1 month ago

Want them to hire locals then you must invest in schoos

Anonymous
1 month ago

Because clearly I can’t even spell schools LOL

Anonymous
1 month ago

NEWSFLASH: (not really…this started over 10 years ago) Miami has, does, and will continue investing in schools.

Clearly, some are not well educated on this fact.

Anonymous
1 month ago

yah, day kneed to edumacate da keds mo bet’er…

Anonymous
1 month ago

He pal this ain’t Alabama.

Anonymous
1 month ago

Metromover, looking as dinky as ever…

Anonymous
1 month ago

Well, take some of your money and fix it up!

Anonymous
1 month ago

What a genius you are, basement dweller

Anonymous
1 month ago

No major companies will come to Miami until WE have TRUE 28.5 ft wide sidewalks everywhere.
I will believe it when I see it.

Anonymous
1 month ago

“28.5 ft wide sidewalks”

Geezz, it’s that simple.

You should go work at NASA.

Anonymous
1 month ago

What would you know about sidewalks!

Anonymous
1 month ago

I know you can find plenty of bird shit on them…

Anonymous
1 month ago

Obviously you haven’t been reading about the companies that are moving here or have already moved here. Sorry, but sidewalks is NOT what major companies are looking for.

Anonymous
1 month ago

First it was shore power, then came Brightline, now, it’s sidewalks we need.
OK
Let’s get those sidewalks on steroids guys.

Anonymous
1 month ago

We need Brightline trains. And the new Coastal Link train already!