SFTBY - SoftBank expanding Miami presence after $100M pledge

Japanese tech giant SoftBank ([[SFTBF]],[[SFTBY]]) is reportedly looking to add as much as 100,000 square feet of office space in Miami, Florida, to its existing 14,000 square feet footprint.Earlier this year, SoftBank said its funds would invest $100M in Miami area companies, citing the 40% growth in the area's tech sector between 2012 and 2018.SoftBank generally confirms its real estate hunt to the Wall Street Journal, but doesn't comment on the size.Related: WeWork, which SoftBank bailed out after its failed IPO, has agreed to go public through a $9B SPAC merger with BowX Acquisition.

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SoftBank expanding Miami presence after $100M pledge