Even though per-sf prices are falling in several categories, owners of trophy and steady-producing properties are holding firm on asking prices, waiting and watching to see how the economy turns over the next 90 days.

In Orlando for the first nine months of the year, for example, $77 million worth of deasl were done at an average price of $85 per sf compared to $215 million worth of transactions averaging $119 per sf in all of 2000, according to CB Richard Ellis Inc.

In 1999, the last big investment sales year in metro Orlando, sales totaled $427 million with an average asking price of $102 per sf. In 1998, an even higher average per-sf price of $106 was generated on total transactions valued at $360 million.