ORLANDO-Orlando’s office market may be bouncing along thebottom, but some submarkets are beginning to show signs of life.Grubb & Ellis just inked two office deals in separate Orlandosubmarkets that could represent a trend in the making.

Anne Deason Spencer, vice president of the Office Services Groupat Grubb & Ellis, negotiated long-term leases in the Airportand Millenia submarkets that signal the days of free rent may becoming to an end. Spencer represented the Devereaux Foundation in a17,529-square foot lease in the Airport submarket and CurrencyExchange in a 3,944-square foot lease in the Milleniasubmarket.

The Devereaux Foundation, which provides services to childrenwith health or developmental disabilities, renewed its lease atCitadel One. Although financial terms of the deal were undisclosed,Spencer tells GlobeSt.com that she negotiated a “significant ratereduction.”