Turkish cosmetics company Farmasi has bought a site in Sweetwater, Florida, for its new U.S. headquarters. The lot, at 10751 N.W. 25th St., sits on 3.72 acres and was purchased for $6 million, or $37 per square foot, according to CBRE Group, the realtor that represented the seller, REMS Group. Farmasi plans on building an 80,000-square-foot headquarters and fully automated distribution center in Sweetwater and currently rents warehouse space in Doral. The company started its pharmaceutical business in 1960 and expanded into cosmetics in 1995. It sells products in 25 countries.
PEOPLE ON THE MOVE – NOVEMBER
Asha Gupta, Amway
Amway has hired Asha Gupta as its new chief strategy and corporate development officer. She will be in charge of its global business strategy and evaluating strategic growth opportunities. She joins Amway after 23 years at Tupperware where she served as executive vice president and chief strategy and marketing officer. Her career started with Coats Viyella and included time at Coca-Cola.
Travis Garza, Plexus
Travis Garza has joined Plexus Worldwide as president of sales and marketing. In his 20-year career in sales and marketing, he has focused on building teams, relationships, and markets. Most recently, Garza served as president and CEO of Kyani International. Previously, he helped guide sales strategies for 10 years at Isagenix, and before that at Melaleuca.