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YSIEM CORP. v. COMMERCIAL NET LEASE REALTY, INC.

No. 02-1625.

328 F.3d 20 (2003)

YSIEM CORPORATION, Plaintiff, Appellant, v. COMMERCIAL NET LEASE REALTY, INC., Defendant, Appellee. OFFICEMAX, INC., Defendant.

United States Court of Appeals, First Circuit.

Decided May 1, 2003.

Attorney(s) appearing for the Case

Eugenio C. Romero with whom Eugenio C. Romero Law Offices was on brief for appellant.

Verónica Ferraiuoli-Hornedo with whom Néstor Durán and McConnell Valdés were on brief for appellee.

Before BOUDIN, Chief Judge, SELYA and LIPEZ, Circuit Judges.

BOUDIN, Chief Judge.

Ysiem Corporation ("Ysiem") is a Puerto Rico corporation that owns a parcel of land in Rio Piedras, Puerto Rico. In late 1997, Ysiem inquired through a broker whether the office supply chain OfficeMax would be interested in building a store on a portion of the site. OfficeMax replied that it does not acquire or develop property itself; it will only lease (or sublease) sites that are fully developed. The broker put Ysiem in contact with Commercial...

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