Market dynamics driving growth and opportunity for high-tech across the United States
JLL’s 2014 High-tech Office Outlook provides detailed insights into how the high-tech industry is transforming the office market and what it means for real estate.
- The high-tech industry has had a profound impact on the office market shaping location and workplace strategies and enabling further growth.
- When considering expansion into new markets, understanding the dynamics of local markets and innovation clusters are key.
- We’re not in bubble territory; the industry is growing, but demonstrating more constraint than in the past.
- Understanding the suburban vs. urban phenomenon is paramount to sustainability and growth – expansion into one market over another can determine success or failure.
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