(Crystal Proenza is associate editor of Real EstateFlorida.)

BOCA RATON, FL-Technology entrepreneur Hank Asher hasestablished three companies that will be headquartered at BocaCorporate Park and Campus at 4530 Conference Way South. Cancerresearch company JARI Research Corp., Schmitt & Rossi, a fineart company, and TLFO, a high-powered data processing center, willall locate under one roof at the 143,000-square-foot officebuilding, says Bill Reichel, president of Reichel Realty, whichbrokered the transaction on Asher's behalf. The lease is for 10years, though the value was not disclosed.

"This is a very significant transaction, particularly in thismarket where most companies are shrinking," Reichel tellsGlobeSt.com "Here is a company that is looking to expand and grow."He adds that the tenants chose Boca Corporate because of itslocation, structure and services: "The facility is a hurricane bombshelter, and has components such as redundant electric and waterand a concrete roof."

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