SAN FRANCISCO—A new CBRE report ranks San Francisco thefastest-growing tech market with overall rent growth of 17.5%between second quarters 2017 and 2019. The company's annual Tech 30report measures the tech industry's impact on office rents in the30 leading technology markets in the US and Canada.
"The North American tech industry has diversified its economicbase as it has grown, expanding its presence in many Tech 30markets," said Colin Yasukochi, executive director of research forCBRE's Tech and Media Insights Center and co-author of the report."Meanwhile, large tech companies have been an ongoing source ofdemand. The 10 most active tech companies leasing office spacesince 2013 account for 27% of overall tech-industry leasing."
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