In the latest edition of our monthly news brief, JLL’s regional team curates the top industry articles to keep you in-the-know. In this month’s edition, JLL spotlights tech industry expansion, workplace wellness trends, and also zooms in on Cincinnati’s rebounding office market.
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Midwest Markets Ready for Tech Growth
Think of the most robust tech markets in the country: Silicon Valley, New York and San Francisco likely come to mind. These cities are hot spots for some of the biggest names in the industry like Apple, eBay, Facebook and Google, just to name a few.
And now, the tech industry needs more room to grow.
“Expansion for the technology industry in 2015 is no longer just about the convenience of cheaper rents or accessing new talent pools. It’s a strategic necessity.” –JLL’s 2015 U.S. Technology Office Outlook
More than ever, tech companies are finding great success in establishing offices in secondary markets. Despite smaller cities and populations, these offices often manage larger staffs and “hold just as much strategic importance to their business plans,” according to an article from the World Property Journal.