Carnival Cruise Line will relocate its Miami offices over the next two years as the company has hired real estate services to list the existing property in a booming real estate market.
Although the cruise line doesn’t appear to be moving outside of the Miami area, downsizing may be a smart financial move, as office roles have changed since the company started in that area more than a year ago. 30 years old.
Carnival sells its Miami headquarters
Carnival Corporation & plc is currently headquartered in Doral, Florida, a city in the Miami metropolitan area, just west of Miami International Airport and 12 miles from PortMiami, through the often congested city center. However, the cruise line will be moving soon, as the space is being listed with commercial real estate broker Cushman & Wakefield Plc.
According to BloombergCarnival Corporation & plc’s current headquarters has now been put up for sale as the company seeks to reduce the overall size of its offices.
The current space measures approximately 470,000 square feet, while a 300,000 square foot space is being sought for the move. This reflects changes in office usage in several ways, such as increased use of digital meetings and virtual spaces in the post-pandemic zone, as well as more efficient staffing, streamlined equipment and a more efficient workforce. work online or remotely that requires less physical office space. footprint.
Carnival Cruise Line first moved into the Doral offices – located at 3655 NW 87th Avenue, Miami – in 1983, after paying $16.6 million (USD) for the real estate at that time.
While no listings are publicly active for the space yet, skyrocketing real estate values in the area could mean a significant profit to be made from a successful sale, which could improve the company’s overall financial situation and stimulate new investments.
New HQ not yet purchased
But at the same time, the company will have to look for new offices. There is no indication yet where this might be, although it would make sense to secure space closer to the cruise terminals, if possible. There is no indication that the cruise line might move to a completely different area, such as closer to Port Canaveral or another busy cruise port.
The report also states that Carnival plans to remain in the same space in Doral for approximately the next two years, so it is time to secure new space that will meet changing and updated needs as well as court a suitable buyer for it. existing space. at a good price.
It’s possible that Carnival is looking for a new space that could appeal to employees with improved features and amenities, encouraging greater use of the office at a time when remote work remains prevalent.
Carnival Corporation & plc has more than 100,000 employees, and while the crews aboard its cruise ships across multiple lines – Carnival Cruise Line, Princess Cruises, Holland America Line, etc. – make up the majority of the company’s workforce, on-shore employees also constitute a valuable part of the team.
Onshore positions include research and development, management, weather operations, interior design, data analysis, accounting, payroll, recruiting, software engineering, marketing and more , as well as cruise homeport teams, staff at the cruise line’s private islands, including the upcoming Celebration Key – and other destinations.
