In 2001 Industrial Buildings Corporation Ltd has built one of the more impressive and prestigious projects in Israel today, the Ackerstein Towers complex in Herzliya Pituach. The complex covers 125,000 sq.m. and includes four towers of 12 story high each, a four story of underground parking and a retail center on the ground floor. The towers host IBC headquarters along with the offices of Hi–Tech companies such as Horizon Semi Conductor, Sun Microsystems and UGS, as well as venture capital fund companies such as Pitango, Bench Mark, Gemini and international firms such as Mackenzie and Rigges.