Opko Health Inc (OPK)

[Myth]

yes, he makes money.....

ITEM 2. PROPERTIES.

Our principal corporate office is located at 4400 Biscayne Blvd, Miami, Florida. We lease this space from Frost Real Estate Holdings, LLC, an entity which is controlled by Dr. Phillip Frost, our Chairman of the Board and Chief Executive Officer. Pursuant to the lease agreement with Frost Real Estate Holdings, we lease approximately 8,300 square feet, which encompasses space for our corporate offices, administrative services, and project management. The lease was for a five-year term, which expired in August 2012. In August 2012 and again in February 2013, we entered into a six-month extension on the same terms as the expiring lease. The lease currently requires annual rent of approximately $0.3 million.