Will Eglin, Lexington Corporate Properties Trust CEO, said hisfirm in the recent months has become a net seller. "We slowed downour acquisition pace. Until cap rates come up, we'll continue to bea seller."

There has been a pricing shift in short-term deals, BruceMacDonald, president of Net Lease Capital Advisors, pointed out."Many are sitting on the sidelines, waiting it out. But that won'tbe in the long term."

Michael Ashner, chairman and CEO of Newkirk Realty Trust saidtenants have become "more powerful than they were 10 years ago." Healso predicts that the market will become more creative."Something's got to give."<p.Replacement costs are an issue thatis being watched "closely," according to Laurie Hawkes, presidentof US Realty Advisors LLC. The parties in the deal need to"maintain discipline." She expects that shareholder activism willcontinue to become more of a factor. "It's becoming abigger issue, shareholders are putting on the pressure."