Perhaps because of the dot-com boom at the turn of the century, there has been speculation that the surging U.S. technology sector could eventually burst. But this time around, it’s not a bubble. Tech adoption is steadily increasing as society becomes more and more dependent on its various forms.
As a result, the industry is growing at an exponential rate. In fact, the tech sector closed 2017 as the largest contributor to U.S. office leasing for the third straight year — responsible for 29.9 million square feet of leasing activity over the calendar year, according to JLL’s U.S. Office Outlook Q4 2017.
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