{"id":1004101482,"date":"2014-07-30T11:58:35","date_gmt":"2014-07-30T19:58:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004101482"},"modified":"2022-12-06T17:37:16","modified_gmt":"2022-12-07T01:37:16","slug":"august-issue-techs-top-towns","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/august-issue-techs-top-towns\/","title":{"rendered":"AUGUST ISSUE: Tech\u2019s Top Towns"},"content":{"rendered":"<p><strong>As Diverse Specialties Flourish, New Contenders Carve Out Niches<\/strong><\/p>\n<p><em>By Paul Rosta, Senior Editor<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004101483\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/august-issue-techs-top-towns\/toptech\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg\" data-orig-size=\"800,451\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1384895560&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"toptech\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg?w=800\" class=\"alignleft size-medium wp-image-1004101483\" alt=\"toptech\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg?resize=768,433 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>The impact of technology industry clients on commercial real estate markets is a well-known phenomenon, but ironically, the term may be something of a misnomer. As many developers, investors and brokers are discovering, \u201ctechnology\u201d is no monolithic industry. In reality, the tech sector translates into multiple business specialties and magnets, as dozens of cities stake their claim to the technology boom. Along with its highest-profile component, consumer electronics, the age of technology encompasses companies and real estate requirements ranging from finance and insurance to the automotive sector. This creates a raft of opportunities and challenges for real estate stakeholders as they tailor their projects and\u00a0services to their clients\u2019 needs and anticipate which markets will join the ranks of national high-tech leaders during the next decade.<\/p>\n<p>For now, at least, the top of the heap remains clear-cut. California\u2019s Silicon Valley shows no signs of relinquishing its crown as the premier high-tech hub in the United States, if not the world. Global giants like Oracle, Google and Facebook continue to make Silicon Valley the go-to location for high technology. Its prominence is symbolized by Apple\u2019s 2.8 million-square-foot headquarters in Cupertino. Already renowned for its spaceship-like ringed design by Foster + Partners, Apple\u2019s new home is scheduled for completion in 2016 at a rumored cost of $5 billion.<\/p>\n<p>Though Silicon Valley retains a largely suburban model for a technology hub, the center of gravity for technology firms of all stripes is migrating to urban settings. \u201cI think the biggest change I\u2019ve seen is that technology tenants are seeing the benefits of being located in the city, near highly skilled workers,\u201d said Lori Mason Curran, director of real estate investment strategy for Vulcan Inc., developer of Amazon\u2019s campus in Seattle\u2019s South Lake Union neighborhood. Other established hubs\u2014which are generally considered to include San Francisco, Boston and, most recently, New York City\u2014face competition from a variety of contenders.<\/p>\n<p>Read the full article in the\u00a0<a href=\"https:\/\/digital.commercialsearch.com\/news\/publication\/?i=218526&amp;p=26\">August\u00a02014 issue\u00a0<\/a>of\u00a0<em>CPE<\/em>. Access is free!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The impact of technology industry clients on commercial real estate markets is a well-known phenomenon, but ironically, the term may be something of a misnomer.<\/p>\n","protected":false},"author":952,"featured_media":1004101483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21787],"tags":[],"class_list":["post-1004101482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AUGUST ISSUE: Tech\u2019s Top Towns - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/august-issue-techs-top-towns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AUGUST ISSUE: Tech\u2019s Top Towns\" \/>\n<meta property=\"og:description\" content=\"The impact of technology industry clients on commercial real estate markets is a well-known phenomenon, but ironically, the term may be something of a misnomer.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/august-issue-techs-top-towns\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-30T19:58:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T01:37:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/toptech.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"451\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"AUGUST ISSUE: Tech\u2019s Top Towns\",\"datePublished\":\"2014-07-30T19:58:35+00:00\",\"dateModified\":\"2022-12-07T01:37:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/\"},\"wordCount\":351,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/07\\\/toptech.jpg\",\"articleSection\":[\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/august-issue-techs-top-towns\\\/\",\"name\":\"AUGUST ISSUE: Tech\u2019s Top Towns - 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