"There are some concerns in the market that there's not enoughpower to supply the demand," he states. "There's plenty for today,but the argument is that tomorrow could be a headache, even thoughwe're building a substation and beefing up circuits." It wasn't allthat long ago, he recounts, that people would laugh at the thoughtof supplying 80 watts per foot to some tenants. "There are datacenters that are now demanding 75 to 150," and a proliferation ofhigh-demand tech types could blow the fuse. Meredith & Grewclosed Globix's 450,000-sf deal in April and Global Crossing's350,000-sf transaction a month earlier. Both were in theTechnoCorridor.

Despite the fear, Freudenheim, who heads M&G's telecomgroup, places his bets with a business-savvy government. "Boston'sworking on it," he says. "Power is a commodity that is veryflexible, and Boston is very flexible in how it makes deals. So alot of those arrangements are happening. Boston will be a leadingtelecom provider."

With money drying up for many telecom firms and a major wave ofconsolidations expected, does Freudenheim see a ceiling to growthapproaching? "There's some degree of truth in that, but thefundamentals of telecom are very sound," he says. "Also, though theequipment is getting smaller and there is less need for realestate, the applications are going to explode, easily ten-fold.We're just seeing the tip of the iceberg." Rents, he predicts, willgrow at least 20% to 30% over the next couple of years as a result,Freudenheim concludes, and the TechnoCorridor as a whole will growby 20%.