BY THE NUMBERS

CHICAGO—Chicago climbed to number nine on CBRE's annual Tech-Thirty list, which analyzes the 30 leading technology markets in the US and Canada in terms of high-tech job growth. The region was ranked number 13 on last year's list, and from 2013 to 2015, its tech jobs expanded 21.1%, up from a 17.1% increase from 2012-2014. From 2013 to 2015 tech sector jobs in Chicago accounted for 24.8% of all new office jobs. “Tech firms are attracted to Chicago as they are able to tap into this powerful labor source at a much more afforadble cost than in costal markets with a comparable workforce,” said Brad Serot, executive vice president with CBRE. “As rents are significantly lower in Chicago for quality space, it will continue to get a first-look from tech firms looking to expand or start new ventures.”

NEWS & NOTABLES

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

brianjrogal

Just another ALM site