Average area asking full-service office rents are $29 per sf, according to mid-year rates compiled by ONCOR International. A rate structure at Omni Tech is being worked out. The property has three components--three floors at the north end; two floors in the central portion of the building; and four floors at the south end. The building is vacant except for the Greater Miami Chamber of Commerce offices and the Wyndham Hotel.

Argent Ventures' seven million-sf portfolio comprises four million sf of space occupied by telecommunication firms. The company's telecom and telecommunication properties are in Miami, Fort Lauderdale, FL, Los Angeles, Boston, Seattle, Cleveland, Chicago, Jersey City, NJ, Weehawken, NJ, New York, Chantilly, VA and Paris, France.