The good news is that Liberty executives are seeing fewertroubled tenants now than they did in this year's first quarter andlast year's fourth quarter. Now, fewer companies are flat out goingout of business, and instead, are deciding to consolidate theirlocations and close branches.
"These aren't deals we lost to competition," Hankowski remarked."This is just square footage that is left on the market."
On the industrial front, most users are currently looking forspace in the 250,000-square-foot to 300,000-square-foot range,while larger vacant spaces aren't leasing up as quickly. "If youhave a big box, you're probably subdividing it," Hankowskisaid.
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