Not only is Fox Tower's occupancy rising toward 98% at a timewhen the Downtown average is sinking toward 90%, but also its fistsignificant lease renewal effort won't be necessary for at leastthree years -- right about when the economy is expected to beroaring again.

In the meantime, what little space left to lease in the buildingcontinues to shrink. Aliquant, a Connecticut-based maker of salesadministration and fulfillment software, two weeks ago leased 6,418sf on the fourth floor for five years at a full service ratebelieved to be right around $26 per sf. Aliquant was represented byChris Elsenbach, CRESA Partners. Scott Madsen, Cushman &Wakefield, represnts Moyer in Fox Tower office leases.

According to property manager Dale Pearce, direct availabilitiesin the building now consist of about 22,000 sf on three floors.Additionally, Pearce tells GlobeSt.com that a deal is pending forthe 11,000-sf, two-story space that fronts Broadway Avenue on thesouth side of the building's main entrance. The north side isoccupied by Banana Republic.