The world’s growing reliance on technology has accelerated the Bay Area’s leading innovative environment around firms that produce hardware and software that are changing how we live, work and play. They are the largest and fastest growing occupiers of office and R&D space propelling rents, property values and spurring new development throughout the Bay Area.
Technology companies now occupy 200 million sq. ft. of office and R&D space across the Bay Area. Throughout this report we analyze tech industry trends to uncover office market dynamics and opportunities that inform how future market performance may unfold.