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Austin Sees Double-digit Rent Growth Thanks to Influx of High-tech

AUSTIN--Thanks to an influx of high-tech companies, the city is seeing double-digit rent growth.

By Anna Caplan | Updated on August 19, 2014

AUSTIN—A healthy influx of high-tech employment has played a major role in the recovery of the U.S. office market, says a recent report from CBRE Group Inc., with Austin accounting for the sixth-best market for rent growth in the country.

Austin has seen a double-digit rent growth over the past two years, according to the report, titled “U.S. Tech-Twenty: Measuring Office Market Impact.”

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