No. 1 New York City. Share of employees in tech occupations: 6.9%. Flex share of inventory: 3.6%.
No. 2 San Francisco. Share of employees in tech occupations: 8.4%. Flex share of inventory: 3.6%.
No. 3 Silicon Valley. Share of employees in tech occupations: 12.1%. Flex share of inventory: 2.1%
No. 4 Austin. Share of employees in tech occupations: 6%. Flex share of inventory: 2.8%.
No. 5 Boston. Share of employees in tech occupations: 4.9%. Flex share of inventory: 1.7%.

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No. 6 Northern Virginia. Share of employees in tech occupations: 7.3%. Flex share of inventory: 0.9%. Photo of Francis Scott Key Bridge.
No. 7 Washington, DC. Share of employees in tech occupations: 6.1%. Flex share of inventory: 1.8%.
No. 8 Seattle. Share of employees in tech occupations: 6.8%. Flex share of inventory: 2.6%
No. 9 Denver. Share of employees in tech occupations: 4.9%. Flex share of inventory: 2%.
No. 10 Los Angeles (Westside). Share of employees in tech occupations: 2.5%. Flex share of inventory: 2%. Photo of the San Diego Freeway running through the west side of Los Angeles.

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No. 11 Oakland-East Bay. Share of employees in tech occupations: 3.6%. Flex share of inventory: 1.3%. Photo of San Francisco-Oakland Bay Bridge.
No. 12 Dallas. Share of employees in tech occupations: 4.9%. Flex share of inventory: 1.7%.
No. 13 Nashville. Share of employees in tech occupations: 2.7%. Flex share of inventory: 1.4%
Atlanta
No. 15 Charlotte. Share of employees in tech occupations: 4%. Flex share of inventory: 1.7%

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There is little doubt that in certain markets flex office space is on fire. The sector has grown an average of 23% each year since 2010, according to a recent report by JLL. Last year alone it made up for nearly two-thirds of the country’s office market occupancy gains. Not only that, there is still plenty of runway left for this asset type. JLL notes that right now, flex space inventory accounts for less than 5% of US office stock and that by 2030 that number will have skyrocketed to approximately 30% by 2030.

There’s not a single US market that’s over-saturated, but some are definitely better positioned to see rapid growth, JLL says. In its report it has evaluated some 25 economic, demographic and market variables to identify those markets. For its top 15 growth markets see the slideshow above.