As such companies play the waiting game, the terms of availablesublease space shorten, cutting rates and shortening the time untilthey revert to the building owner. For now, landlords are gettingrent from original tenants.

The amount of sublease space available has bedeviled the Austincommercial real estate market all year. Estimates of the open spacerange between 1.9 million sf and 2.4 million sf. The difference iswhether the space is available now or being marketed now foroccupancy later.

And, it's not as if no one's taking space. About 594,000 sf ofsublease space has been absorbed so far this year, according toJustin Garrett, director of research for Chicago-based TranswesternCommercial Services' Austin office.

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