The skinny is Pioneer Natural Resources renewed 223,000 sf andadded 70,000 sf, which is being touted as the largest deal in adecade for Las Colinas. The oil and gas company will remain firmlyrooted through 2020 in Williams Square's West Tower at 5205O'Connor Blvd. In Downtown Dallas, AIG has inked an 11-year leasefor 125,000 sf in Plaza of the Americas' south tower at 600 N.Pearl St. And, the word is AIG isn't done dealing.

Dealmakers say Pioneer gets its extra space in spring 2009 andhas an option for another 50,000 sf. AIG's lease goes into effectin January 2009.

[IMGCAP(2)]"That's a good start to the year," says JoelPustmueller, partner of Dallas-based Peloton Real Estate Partners,which leases the 1.8-million-sf Plaza of the Americas. "This is areflection of what went on in the last 12 months." Like others inDallas/Fort Worth and elsewhere, he's optimistic yet uncertainabout how 2008 will play out for the office market. But for now,the street's happily buzzing about the two signings.