Few buildings are being sold and fewer trophy properties arecoming on the market. Capitalization rates are in the 9.5% to 11%range and moving higher, a plus for buyers.

With vacancies rising and rents softening, owners still aren'tdropping prices. Investors, meanwhile, are gauging the Orlandomarket for further weakness in the months ahead, say commercialreal estate professionals interviewed by GlobeSt.com.

"Office deals are not tough to find, just tough to close," saysRonald J. Rogg, head of investment properties/Florida, CB RichardEllis Inc. "Debt capital is available, albeit some lenders haveredlined Orlando, and others are underwriting less aggressively."Rogg says raising equity dollars "has become a bit morechallenging."

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