Sunbeam Properties & Development, developer of the Miramar Park of Commerce, today announced that Garmin®, one of the most recognized names in high-performance audio technology and a leading global provider of GPS-enabled technology across diverse markets,
has expanded its lease by 24,057 sq. ft. The expansion brings Garmin’s total footprint within the Park to approximately 364,606 sq. ft. and comes on the heels of Garmin signing the largest industrial lease in Broward County in 2025 at 340,547 sq. ft.
The renewal and expansion underscore the manufacturer’s longstanding commitment to Miramar, the Park and its continued investment in South Florida’s business and workforce community. Garmin (then JL Audio) first established its headquarters in the Miramar Park of Commerce in 1997 with 91,228 sq. ft. and has expanded seven times to support growing manufacturing, engineering and distribution operations and become the Park’s largest tenant. Garmin employs more than 400 associates at its Miramar facility.
“Garmin has been part of the fabric of the Miramar Park of Commerce for three decades, and their continued growth reflects the strength of their business and the flexibility we provide to our tenants,” said Ryan Goggins, Vice President of Sunbeam Properties & Development. “Garmin’s decision to renew and expand at this scale reinforces the value of long-term strategic relationships and Sunbeam’s commitment to providing the space, infrastructure and flexibility companies need to thrive.”
Garmin’s latest expansion follows other significant expansions at Miramar Park of Commerce, including Nutrition Formulators, which signed a 70,164-sq.-ft. expansion lease in early 2026. The company has steadily expanded from 36,648 sq. ft. in 2009 to 141,249 sq. ft. today.
Immediately South of the Miramar Park of Commerce, PepsiCo recently signed a lease for 794,230 sq. ft. at Bridge Point Commerce Center reflecting strong demand on both sides of the Miami-Dade/Broward county line from large scale users for modern, well located industrial space capable of accommodating major corporate operations.
Sunbeam Properties & Development continues to enhance the Park with new amenities, infrastructure improvements and the recently announced Miramar Cove lifestyle center, further solidifying the area as a hub for residential, entertainment and business and employment.
Jonathan Kingsley of Colliers International served as the tenant’s broker and Goggins and Peter “PJ” Apol represented Sunbeam Properties & Development in the lease renewal.
About Miramar Park of Commerce
Since breaking ground in 1984, Sunbeam has developed the Miramar Park of Commerce into the largest locally owned and managed Business Park in South Florida, with over five million square feet of office/service, laboratory, pharmacy, light manufacturing and distribution space. The world class Park is home to more than 15,000 employees from more than 160 national and international companies including Caterpillar, Siemens, Tommy Hilfiger, Neiman Marcus, Humana, Quest Diagnostics, Toyota, Vitas Healthcare, Stanley Black & Decker, Pepperidge Farm, HEICO Corporation and Nissan. Flex/office space, corporate build-to-suits as well as a limited number of second-generation spaces are available in the park. For more information, contact PJ Apol (mailto:[email protected]) at 10212 USA Today Way, Miramar, FL 33025 or call 954-450-7900.
About Miramar Cove
Miramar Cove is a 125-acre lifestyle center located adjacent to Miramar Park of Commerce at the intersection of Miramar Parkway and Red Road. The project has 5.5 acres of translucent blue water, creating an inland water experience. You will no longer need to live along the coast or intracoastal to enjoy the waterfront. Miramar Cove is bringing the waterfront and the beach to Southwest Broward County. Miramar Cove will include 2,874 residences, 400,000 square feet of retail, 125,000 square feet of Class A office, and a 185-room full-service hotel, all centered around walkable, tree-lined streets and an activation-driven waterfront. Owned by Sunbeam and developed by Fort Lauderdale-based Stiles, it is the most significant mixed-use project for Broward County in a generation. A grand opening is planned for Q4 2028. For more information on retail opportunities, contact Edmee Morin at [email protected] or call 859-550-0977.
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