Margaritaville corporate headquarters expanding

Margaritaville Enterprises LLC, Buffett’s company that manages his restaurants, merchandise, and other enterprises, will move their corporate headquarters to a newly constructed nearby office complex. The Orlando Business Journal has the story:

Buffett’s Margaritaville Enterprises LLC — which earns an estimated $100 million annually through music, restaurants, casinos, beer, tequila and clothing — recently signed a 10-year lease for 62,502 square feet of industrial space at Crownpointe Commerce Park.

Tom McFadden of Southern Commercial Real Estate Advisors, who represented the landlord, says the Buffett-owned company plans to use the space as its corporate headquarters. The company will build 12,000 to 15,000 square feet of office space and use the remaining space to store merchandise for Buffett’s Parrotthead empire.