The tech sector remains in cost-cutting mode as tech sublease space continues to hit the market. Despite Atlanta’s sublease market reaching an all-time high, long-term optimism persists, as Atlanta is home to several top universities, a richly diverse talent base, and a rapidly growing technology ecosystem serving as an industry cornerstone for the Southeast.
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Savills Pulse & Perspectives: World Research
While the global tech sector is undergoing a period of consolidation and ‘rightsizing’ in some organizations, in the long-term, tech as an occupier group isn’t going anywhere. Savills Tech Cities identifies the global cities that matter most to tech. Sixteen North American cities are included in Savills overall top 30 ranking with San Francisco, New York and Silicon Valley leading as the top three. While big cities dominate, tech specialisms such as AI, ClimateTech and DeepTech are growing quickly in secondary global markets.
- Paul Tostevin
Director, Savills World Research