Property One, LLC, an affiliate of ESRI, closed escrow on the Stuart Avenue property and, through the agreement, would exchange the property for the current Joseph's Storehouse building at 457 New York St.

Picture a person walking down the street with a hand-held device, which they point at each building. As they pass the cinema, the device will tell them what’s on; as they pass a restaurant, the device gives them the menu; as they pass an office block, the device tells them what firms are located in the block, their line of business and contact numbers.

"The nature of our application, a Web 2.0 platform where users from all over the world are uploading GPS data and photos to share with others, will greatly benefit from a global cloud solution," said Joost Schreve, founder and CEO, EveryTrail, Inc. "With users and trips from over 160 countries, we find it extremely beneficial to be able to run in multiple locations without having to deal with infrastructure and hardware configurations. AppLogic technology and 3Tera's business model of working with leading datacenter operators has given us the ability to access world-class computing infrastructure. It really removed barriers for our company."