Report | Boston Tech Office Outlook - 2015
As of November 2015, the Boston market has the second-largest tech workforce in the United States, trailing only Silicon Valley. Home to 53 higher education institutions—including Harvard and MIT—Boston has a highly educated workforce, and strong talent pool, that drives private sector expansion.
As a result of this boom, local tech firms are challenged with high costs and limited space availabilities. Particularly in the hot tech submarkets of Kendall Square and the Seaport submarkets, vacancy rates have dipped below 5.0 percent.
Learn more about current market conditions across Boston/Cambridge—and how we expect them to shift in the coming months—specifically as they relate to the tech industry.
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