TECH JOB CREATION
OFFICE RENT GROWTH
EQUALS
TECH JOB CREATION
OFFICE RENT GROWTH
EQUALS
SEATTLE
25.7% TECH JOB GROWTH
13.9% RENT GROWTH
LOS ANGELES
14.7% TECH JOB GROWTH
15.8% RENT GROWTH
ATLANTA
10.7% TECH JOB GROWTH
16.3% RENT GROWTH
BIG TECH FIRMS
OUTSIDE THEIR HQ CITIES
ARE EXPANDING
BIG TECH FIRMS
OUTSIDE THEIR HQ CITIES
ARE EXPANDING
SAN FRANCISCO
BAY AREA
SEATTLE
NEW YORK
BOSTON
SAN FRANCISCO
BAY AREA
SEATTLE
NEW YORK
BOSTON
Click to explore where companies in each market
are growing their presence.
SAN FRANCISCO BAY AREA
SOUTHERN
CALIFORNIA 2.2 MSF
PHOENIX 0.7 MSF
AUSTIN 1.7 MSF
DENVER 0.9 MSF
PORTLAND 0.7 MSF
SEATTLE 3.5 MSF
CHICAGO 1.5 MSF
WASHINGTON, D.C. 1.2 MSF
NEW YORK 3.4 MSF
BOSTON 1.8 MSF
BOSTON 0.9 MSF
NEW YORK 1.0 MSF
SEATTLE
SAN FRANCISCO BAY AREA 1.9 MSF
SAN FRANCISCO BAY AREA 0.8 MSF
BOSTON
NEW YORK 0.1 MSF
SEATTLE 0.1 MSF
AUSTIN 0.3 MSF
CHICAGO 0.2 MSF
NEW YORK
SAN FRANCISCO BAY AREA 0.3 MSF
Q1 2013 - q2 2018
Best Value Investment Markets
Low Rents & Growing High-Tech Labor Pool
EQUALS
Best Value Investment Markets
Low Rents & Growing High-Tech Labor Pool
EQUALS
PORTLAND
RALEIGH-DURHAM
DALLAS/
FORT WORTH
CHARLOTTE
NASHVILLE
PORTLAND
$27.40
Avg. Asking Rent
RALEIGH-DURHAM
$24.13
Avg. Asking Rent
CHARLOTTE
$26.64
Avg. Asking Rent
NASHVILLE
$25.76
Avg. Asking Rent
DALLAS/FT. WORTH
$24.73
Avg. Asking Rent
LANDLORDS IN TECH-CENTRIC SUBMARKETS
COMMANDING BIG RENT PREMIUMS
ARE
LANDLORDS IN TECH-CENTRIC SUBMARKETS
COMMANDING BIG RENT PREMIUMS
ARE
PALO ALTO
+77%
SANTA MONICA
+78%
EAST CAMBRIDGE
+150%
TECH-30 MARKETS WILL CONTINUE TO EXPAND
TECH JOB GROWTH
SHOULD CONTINUE INTO 2020
10 NEW TECH MARKET TO EMERGE
And
TECH JOB GROWTH
SHOULD CONTINUE INTO 2020
MIAMI
39,309
TECH JOBS
Tampa
29,317
TECH JOBS
Norfolk
14,315
TECH JOBS
OTTAWA
36,300
tech jobs
Kansas
City
34,579
TECH JOBS
TECH JOB GROWTH SHOULD CONTINUE INTO 2020
10 NEW TECH MARKET TO EMERGE
AND
Sacramento
las vegas
New Orleans
Colorado
Springs
Milwaukee