San Antonio's tech labor pool has grown to more than 31,000, anincrease of nearly 5,000 or 17.8% in the last five years (2012 to2017). The cost of business is significantly lower, with the totalcost of business ranking at just 88% of the US average. Comparingthe annual average apartment rent with the annual average techsalary, San Antonio's rent-to-tech wage ratio is 12.5%, creating avery affordable cost of living for tech employees in San Antonio,according to a recent CBRE report.—Lisa Brown
BY THE NUMBERS
HOUSTON—The NAI Partners SubleaseIndex—measured by the amount of sublease space as a percentage oftotal available space—decreased 10 basis points to 15.2% near theend of July.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
