Office building tenants have come to expect high levels of connectivity to obtain the information they need to work efficiently, and they do not want their devices to be thwarted by a property’s infrastructure that is…”device-ive” (pun intended). WiredScore and CoStar teamed up in a recent study that examines how an office property’s degree of internet connectivity coupled with its classification impacts landlords, their tenants, and rental rates.
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Duke Long’s Updated 2018 Top 150 Commercial Real Estate People You Must Connect With On LinkedIn.
Currently, 20-25% of all new leasing is coming from technology firms. Computer and mathematics occupations—a subset of STEM—are being created at increasingly higher rates than other jobs in all office-using industries.
- There are currently 4.1 million computer and 167,000 mathematics occupations in the U.S., accounting for one million new jobs from 2010-2017.
- Of these new jobs, 85.4% were in office-using industries, making it the largest occupational category driving growth in the current expansion.
Employment in computer/math occupations grew by 29.8% between 2010 and 2017, more than double the rate for all occupations—a stark contrast to the previous expansion driven by new financial and business analyst occupations.
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