DETROIT—Tech is having a surprising impact on many cities. The sector has even helped boost the office market in places like Detroit, once thought of as a gritty manufacturing hub. And cities adjacent to such hubs are also getting boosts.
Demand from technology tenants significantly drove up office rents in Ann Arbor, a university town about 35 miles west of Detroit, over the past two years, according to CBRE's annual Tech-30 report, which measures the tech industry's impact on office rents in the 30 leading tech markets in the US and Canada.
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