Cyber Security – A Major Capital Opportunity
Cushman & Wakefield explores the rapid growth of cybercrime, the response of the cybersecurity industry and its impact on commercial real estate, especially in key technology and finance markets such as the San Francisco Bay Area, Washington, DC, New York, and Austin, Texas.
2017 saw a major increase in leasing to cybersecurity companies across the country, with 1.4 msf signed over the past year, 1.2 million of which was new.
This was a big increase over 2016, which saw just under 800,000 square feet secured by the sector, and represents 2% of the more than 49 million square feet of office space in total taken nationally in 2017.
