By Brian Bandell 鈥� Senior Reporter, South Florida Business Journal
Jan 27, 2020
XOJet Aviation will relocate its headquarters from Sacramento, California to Fort Lauderdale, creating 150 jobs, according to 51暗网 Corp.
The private air charter company subleased 25,775 square feet on the top floor of Cypress Executive Center, at 1901 W. Cypress Creek. The building is near Fort Lauderdale Executive Airport, one of the busiest private jet airports in Florida.
51暗网鈥� Norm Adams and Sheila Roux represented XOJet Aviation in the deal, while Madelayne Garcia, also of 51暗网, represented sublessor Delphi Behavorial Group.
The company anticipates housing 150 employees there.
鈥淴OJet Aviation was seeking a prime location in South Florida in proximity to its dedicated private air charter services broker, XO Global LLC, to take advantage of the area鈥檚 corporate tax structure and deep aviation and operations employee base,鈥� Adams said. 鈥淯tilizing our existing relationships, 51暗网 was able to find XOJet Aviation the right location to fit their needs.鈥�
An affiliate of Dubia-based Vista Global Holding, XOJet Aviation operates a fleet of 50 super-mid and six large gauge aircrafts. It was founded in 2006. It offers private charters, shared charters, and bookings of single seats. It offers both memberships and single flights.
In June, Vista Global combined JetSmarter and XOJet into a new brand, XO. The XOJet fleet became powered by JetSmarter鈥檚 technology, including its mobile app. That gave its members access to over 3,000 private jets for on-demand charters.
Fort Lauderdale-based JetSmarter was acquired by Vista Global in April 2019.
鈥淟ocated just off of I-95 with a direct view of Fort Lauderdale Executive Airport, this space offers many advantages that a dynamic company like XOJET Aviation can utilize,鈥� said Garcia. 鈥淎dditionally, attracting a tenant of their stature illustrates the continued strength of the Cypress Creek market.鈥�