HAYWARD, CA-The Sunnyvale-based digital fiber optics company has signed a five-year lease at the park. More affordable rents are expected to keep attracting firms to the East Bay, which is close by Silicon Valley.

CORAL GABLES, FL-The Houston-based investor/developer paid an estimated $20 million for the 100,000-SF First Union National Bank building and two smaller structures on a 3.2-acre site near this affluent city's Miracle Mile shopping corridor, just south of Downtown Miami.

ORANGE COUNTY, CA-Caribou Industries, headquartered in Santa Ana and already one of the city's largest property owners, has raised its stake in the neighborhood by purchasing the 150,000-sf Park Tower Center for $13.8 million.

ORLANDO-The Central Florida Regional Transportation Authority, which goes by the name of Lynx, has started compiling data to show Gov. Jeb Bush and the Legislature they should reconsider giving the $68 million project the $8 million it previously pulled back for lack of documentation. New commercial projects would sprout at the various stations, backers say.