Tech sector office leasing activity is flat nationwide. The Bay Area is still seeing growth - Silicon Valley Business Journal

📆 10-09-22 05:05:00
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The nation's tech sector leased about the same quantity of space in the first half of this year as it did in the first half of 2021. In the BayArea, though, the Tech industry's office footprint is continuing to expand. CRE SiliconValley SanFrancisco

The Bay Area recorded considerable growth in tech office leasing volume the first half of this year even as tech sector office leasing remained relatively stagnant nationwide.

At 4.85 million, the Bay Area was far and away the nationwide leader for tech office leasing on a square foot basis for the first half of this year, CBRE's data shows: Washington, D.C., was second at roughly 1.5 million square feet. Colin Yasukochi

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