She is calling for a 2% vacancy by mid-year in Downtown Denver,triggering a dramatic hike in rates and values that already are 15%higher than last year. It will be at least two years before a majoroffice development goes up Downtown, says Sullivan.
"Denver's CBD is the market to watch over the next few years andwill be the most dynamic," she asserts, saying its emergence as themetro area's entertainment district is one of the triggeringelements for the CBD's positive outlook.
Meanwhile, the US 36 corridor between Denver and Boulder, shesays, "has exploded being the hotbed for high-tech and telecomcompanies while the Southeast suburban office market isn't asstrong.
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