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Bay Area Companies Fuel Seattle's Growth

With a rate of 63.1%, Seattle has the most educated workforce in North America of residents older than 25 holding a bachelor’s degree or higher and ranks second for tech talent only behind the Bay Area.

Matt Walters Matt Walters says young and tech talent will keep Seattle in the discussion for years to come.

SEATTLE—High-quality tech talent and the ability to entice tech workers from outside the region with high wages and more affordable housing options has led to a surge of growth from local and West Coast-based tech firms. As a result, Seattle remained at the number two spot on CBRE’s Tech Talent Scorecard.

CBRE’s Scoring Tech Talent Report ranks 50 US and Canadian markets according to the ability to attract and grow tech talent. The top five markets for tech talent in 2018 were the Bay Area, Seattle, Washington, DC, Toronto (the first time a Canadian market made the top five) and New York City, all large markets with a tech labor pool of more than 50,000. The scorecard is based on 13 unique metrics, including tech talent supply, growth, concentration, cost, completed tech degrees, industry outlook for job growth, and market outlook for both office and apartment rent cost growth.

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Lisa Brown

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.

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