When tech companies from the San Francisco area look to grow outside their backyard, Seattle is the most common landing spot, a new report finds.
According to research from real estate firm CBRE, Bay Area companies have taken 3.5 million square feet of office space in the Seattle region over the last five years, barely edging out New York City as the top expansion market. Other popular landing spots include Southern California, Boston, Austin, Chicago and Portland.
It’s not just San Francisco companies that covet these markets. Of the nine non-Seattle markets in this top 10, seven of them are finalists for Amazon’s HQ2. Only Portland and Phoenix didn’t make the cut.
Read the full article on GeekWire.
