"There has been quite a bit of activity in the CBD but not allthe deals are crossing the finish line," Cindy Fleming, one of theJackson Cross brokers that worked on the deal, tells GlobeSt.com."Tenants are being cautious and taking their time to closetransactions." Besides Fleming, Pete Davisson and Keith O'Brienrepresented the building owner in the transaction. McConnellJohnson represented the tenant.

American Life will be occupying the Renaissance Centre, aneight-story, class A office at 405 N. King St. in the city's LowerMarket Design District. The 194,000-sf building, which wasdeveloped in 2007 by the Commonwealth Group, has about 100,000 sfleft to lease. Suites are available from 1,500 sf up to full floorsof 23,715 sf, Davisson says in a prepared statement.

McCarter & English also occupies space in the building,which has an asking rate of $28.50, according to its website.American Life Insurance Co. will occupy the entire fifth floor andhalf of the fourth floor. Other features of the building include atwo-story lobby and a 190-car parking garage. It encompasses mostof the block bounded by Fourth, Fifth, King and Market streets.