If they're right, that would be a 60% increase from today'saverage rate of about $25 per sf, which already is the highestaverage rate in more than 15 years, Worrell says. The $40 figurewould not be typical, but for isolated cases for outstandingoffices, he notes. But even that may be overly optimistic, he says,calling it a "pretty lofty goal."

Worrell says there are at least seven office buildings on thedrawing board--ranging in size from about 200,000 sf to close toone million sf--which would dramatically increase the supply.Although all of the office towers won't be built, several of themwill come on line during the next two years or so, he says."There's probably room for one big one and several small ones," hesays.

Although not as hot, the suburban southeast corridor is strong.Unlike the CBD, the southeast corridor is seeing its vacanciescreep up and its lease rates stabilizing, he says.