SAN DEIGO, CA—Robust high-tech employment has played a major role in the recovery of the US office market and has helped fuel double-digit rent growth in eight markets during the past two years.
This according to CBRE Group, Inc.'s latest research report, U.S. Tech-Twenty: Measuring Office Market Impact.
Among the findings, San Diego experienced 3.9% growth in high tech jobs during the two-year period from 2011 to 2013 and that contributed to 15% office rent growth between Q2 2012 to Q2 2014.
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