GlobeSt.com: Can you give a brief summary of whatyou see occurring?

Spencer: We've had downward pressure on industrialdemand based of the lack of consumer purchasing power. Yes, that'shappening, but there's also an increase in wholesale inventory dueto just-in-time concerns and the need to have more inventory onhand than was needed a year ago. So that's a plus for industrialreal estate. I think the two forces will counterbalance oneanother.

GlobeSt.com: Why is this happening?

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