Area brokers familiar with the university office submarket tell GlobeSt.com on condition of anonymity the estimated five-year lease should have an aggregate gross value of at least $3 million or about $20 per sf.
Optium has raised $50 million over the last seven months, according to company officials. The latest infusion came from two Silicon Valley firms in California--Kalkhoven, Petit & Levin Ventures and Texas Pacific Group.
Other investors are Battery Ventures, Wellesley, MA; Corning Innovation Ventures, Corning, NY; Lee Munder Venture Partners and Dominion Ventures, both of Boston.
Optium's products allow telecom networks to move large amounts of data at high speeds with less energy, according to the company. Among the telecom networks' customers would be large office towers and high-tech business parks.
JDS Uniphase Corp. of San Jose, CA, a global optical network equipment manufacturer, is studying Optium's products, JDS has confirmed.
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