Building owners, John Aldrich, president of ColliersInternational's Dallas office, tells GlobeSt.com, "will do anythingto get people to look at their space before they drop their rates."But, alas, the rates will be dropping because the sweet ride isover and it will take a year to 15 months before the market bouncesback, he predicts.

Red flags might be going up the pole, but it's not going to be arepeat of the late 1980s and early 1990s even though the region isstarting to hit numbers of the same proportion, he insists. Gen Ysare flinching, but veterans like Aldrich say they are positionedfor a slowdown. "We are a lot more prepared for this than we werethe last time," he says. "For people who've been around for morethan 10 years, no one is surprised."

Aldrich isn't a doom-and-gloom kind of guy, but he is realistic.It hasn't been a great year, but it's not been all that bad. "We'vebeen in a footrace for six, seven years. It's finally slowed down,"he says. "It's a correction that everyone expected. It could bethat we've forgotten what it's like to be in a normal market."