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“Many factors already are in place to fuel strong tech talent job growth this year and beyond coming out of the pandemic. Big tech markets will gain from their established pipelines of tech graduates and many workers’ return to city centers. Smaller markets will reap benefits from their cost advantages in labor and real estate as well as the tech industry’s embrace of remote work for certain employees.”
–Todd Husak, Managing Director of CBRE’s Tech & Media Practice Group.

Tech Hubs Poised For Growth After Holding Steady Through Pandemic

Technology employment weathered the pandemic better than most professions; now established tech capitals such as San Francisco and Seattle and emerging tech hubs including Dayton and Colorado Springs are poised for growth, said CBRE, Dallas.

Fewer Firms Plan to Significantly Shrink Office Portfolios

U.S. companies have scaled back their plans to make big cuts to their office portfolios and many now expect their offices to support “collaborative” work in person rather than remotely, said CBRE, Dallas.

Personnel News From Walker & Dunlop, DLA Piper, CBRE

Walker & Dunlop, Bethesda, Md., hired John Ducey as Affordable Chief Production Officer. He will lead the firm’s affordable housing financing efforts across all capital sources, including Fannie Mae, Freddie Mac and private capital providers.