AI companies drive demand for office space in tech hubs, new study finds

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AI may be bringing workers back into buildings, as the tech sector reclaimed the top spot for office leasing activity, according to a new CBRE study.

is having an existential crisis, but the boom in artificial intelligence may be providing a bright spot for tech hubs.

But it wasn't just the biggest metro areas that saw an uptick. Kansas City, Mo., and Colorado Springs, Co., also saw increases. Outside the US, Canada continued to see tech sector growth, with Vancouver and Waterloo among the biggest markets logging growth.Commercial real estate is still grappling with the hit to office demand from remote work.

Still, the growth in AI could help lift the commercial real estate industry, which faces a wall of debt in addition to the challenge of getting people back in buildings. Yellowstone tourist suffers consequences after getting too close to bison: ‘Got what he was asking for’A team of scientists say they have discovered what caused the sudden deaths of hundreds of elephants in Africa in 2020. More than 300 elephants died in Botswana's Okavango delta in the May and June of 2020, with another 35 dying in Zimbabwe two months later. The deaths triggered an international mystery, with only poaching and anthrax poisoning initially ruled out.

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AI companies driving demand for tech office space: CBREAccording to a report exclusively released to Yahoo Finance first from CBRE Group, the tech sector is leasing more office space. Why? Because of the rise of ...
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