SAP America will lease the top two floors of the nine-storybuilding. The lease will begin on Feb. 1, 2008. Bert Collins, vicepresident of asset management for Wells Real Estate InvestmentTrust II, tells GlobeSt.com that it could not disclose lease ratesfor the deal but that the building's average net lease rate is $18per sf.

"For us, it is really a home-run in terms of accomplishing whatour investment strategy is," he says. The lease with SAP America"pre-fills an upcoming vacancy that we would have," Collins says."Oracle is the prime tenant on this particular space."

Wells Real Estate Investment Trust II (Wells REIT II) wasrepresented internally by Collins, with Bill Elwood and Pete Adamoof CB Richard Ellis. Wells REIT II owns 55 buildings in 18 statesand specializes in class A office properties. SAP America, Inc. isa software company with headquarters in Newtown Square, PA. "Weprovide solutions for small, medium and large-size businesses interms of their applications processing," Janice Johnson, directorof external communications for SAP America, tells GlobeSt.com.