MIAMI—Hyatt Hotels Corporation has opened a new regional office in Miami-Dade County. The Hyatt Latin America & Caribbean division is taking up residence at 396 Alhambra, in Coral Gables, FL. The office building is now 82% leased.

Danet Linares and Andres del Corral of Blanca Commercial Real Estate, exclusive leasing agent for 396 Alhambra, represented landlord Agave Holdings, LLC, in the transaction. Other multinational tenants include HBO Latin America, Tiffany & Co., Diageo, Mondelez International (Kraft), and Millicom International Services.

“The addition of Hyatt Latin America & Caribbean reinforces 396 Alhambra's position as the 'go-to' building for premium corporate tenants eyeing a presence in the South Florida market or expanding here,” says Linares, executive vice president of Blanca Commercial Real Estate. “With first class design elements, an unbeatable location, and a growing roster of premium tenants, 396 Alhambra has become the office address of choice for multinational users seeking a Class A location in Coral Gables.”