no wander iomega is not reporting profits recently, they are spending big bucks at becoming a 10 billion company.
Real Estate Roundup
> (Business Journal San Jose; 05/11/98)
>
> Mansur gobbles up Wrigley plant in Santa Cruz
>
> Chicago-based Mansur & Co. is chewing on a new idea for the former Wrigley
> factory in Santa Cruz.
> Valley Research Park, near North First Street and Trimble Road, will occupy
> 258,000 square feet, while Valley Technology Centre, on Zanker Road between
> Plumeria Drive and Trimble Road, will encompass 350,000 square feet.
>
> Although both projects were speculative, CarrAmerica already has leased two
> buildings totaling 132,700 square feet in Valley Technology Centre to
> **Iomega** Corp.
>
> "This market is now No. 1 for exports in the nation, and San Jose is now the
> headquarters location for some of the fastest-growing companies in the high-
> tech industry," said John Herr, senior vice president and market officer for
> CarrAmerica's Northern California office. "These two projects represent the
> first speculative R&D product in San Jose in several years, and we are
> confident their quality and location will enable us to lease them quickly."
>
> The groundbreaking for both projects took place April 30.
>
> Another Homestead opens
> |
