• CBRE’s 2020 Puget Sound Tech Report analyzes the tech trends that are actively influencing office metrics and occupier decisions in the Puget Sound region.
• The tech industry occupies nearly 47 million sq. ft. in the Puget Sound, 42% of all office space in the region.
• Local companies with global consumers remain the core drivers of tech growth—accounting for 77% of tech occupancy.
• Bay Area tech firms account for 13% of tech inventory and 30% of current tech demand.
• The region's long-term outlook offers strong fundamentals that attract and accommodate tech occupiers.