Office Depot: Global Headquarters Relocation
Office Depot was considering options to relocate, including potentially outside of Florida. Flagler, in partnership with TIAA-CREF, presented Office Depot with a proposal to design, develop and lease a new global headquarters building a 28-acre site the venture had just acquired. Office Depot selected the Flagler site and agreed to a build-to-suit by Flagler and TIAA-CREF, with a 15-year lease. The 635,000 SF campus consists of three vertical, interconnected, five-story buildings that are linked by glass-enclosed atriums and can accommodate up to 2,500 employees. Read more.