Cohen tells GlobeSt.com that the lease had about a year left onit when it was re-signed. Witness Systems had been looking at otherlocations within the market, but decided to remain in the samespace, he says. "This was the culmination of a three-year process,"Cohen reports. "While the market offered several temptingalternatives, we concluded that renewing would best support WitnessSystems' objectives of flexibility and economy."

Among reasons for remaining in the same space was theflexibility offered in the renewal. Witness Systems was sold toIsraeli-based company Verint during lease negotiations.

"Since the company was being sold, we built in rights to expandor contract over the terms of the lease," Cohen says. "Ultimatelythe decision to renew came down to the economics of the deal andthe flexibility in the lease terms we received from the buildingowner."