Text size  Microsoft Israel has agreed to lease 100,000 square
meters at the Gav Yam (Bayside) center's buildings 5 and 6 in
Herzliya Pituach.  The company will be taking possession when
their construction is completed, sometime in early 2008/
Microsoft Israel will be using the complex as its new R&D
headquarters in central Israel. It will be maintaining its
northern R&D center in Matam, Haifa.  Building 5 will have 9,500
square meters and Building 6 will have 5,500.  The standard of
construction is supposed to be superior. Microsoft Israel will
be occupying most of the space in each edifice.  The company has
also leased 300 parking spaces.  Bayside declined to say how
much Microsoft Israel will be paying. Its prices for Herzliya
Pituach are known to be in the range of $15-18 per square meter.