"In the first quarter of this year, there were a number of newand renewing tenants, who signed large leases," for extendedperiods, says Richey. But the examples he gives are of corporatetenants' leases. Among those he cited are Fidelity NationalInformation Services, Inc., which signed a nine-year, nine-monthlease around January 1 for 103,786 square feet in the MaitlandSummit III building, a class A office building in Maitland. Theasking rent was $19 per square foot.

At the Pointe, a class A office building in Tampa, Wells Fargosigned a 10-year lease for 47,055 square feet in March, where theasking rate was $26 to $28 per square foot. And, at 8420 BoggyCreek Rd. in Orlando, around January 1st, Coca Cola Enterprisessigned a lease for a 70,362-square-foot warehouse. The asking ratethere was $6.00 to $6.50 per square foot.

Although Richey did not give the actual rents for thetransactions mentioned above, he says, "It's a tenant's market andlow rates will continue for a while."