The office at 2300 Valley View Lane is occupied by the recently acquired Altel Information Systems, a tenant since 1993, GlobeSt.com is told. The building's going rate is $17.50 per sf for a full-service lease. Just how close the talks got to the quoted number is being kept under wraps, but in today's negotiating environment it's likely that some dollars were shaved or the increasingly popular "stair step" deal played a part in the final signing, now a relatively common practice at the bargaining table.

Brookview Partners LP of Dallas owns the 10-story, 142,687-sf Metroport. Rick Rensi, managing director for Insignia/ESG, represented the owner of the 17-year-old building. Flynt McNaughton of Lincoln Harris, a Charlotte, NC-based affiliate of Lincoln Property Co. in Dallas, bargained for Fidelity, which said its primary motivation to re-up is the location---easy access to Texas 161 and a growing roster of amenities. The tenant is a division of Fidelity National Financial.