As office demand withers throughout many key markets, the high-flying tech sector has been susceptible to rising vacancy rates, according to a new report from Yardi's CommercialEdge.
Seattle, Denver, and especially, Austin, are metros once driven by a thriving tech industry that are now disproportionately impacted by the pullback of tech firms.
Austin saw its vacancy rates climb 5.86% year-over-year in April, reaching 19.94%.
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