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Tech tenants help to shape the Phoenix real estate market

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It is no secret that Phoenix is seeing a vast growth of technology companies. According to an article recently published by Forbes Magazine, “Arizona has more than 7,600 high-tech companies already operating within the state.” And according to the Arizona Commerce Authority, 54 out of every 1,000 private sector workers are employed by a high-tech firm with the average high-tech wage almost 2.5 times greater than the average wage in Arizona.

So how is this growth changing the real estate landscape? Our local tech expert, JLL associate Trevor Pratt, summarizes the big trends he is seeing after working with companies like OutboundEngine, FATHOM, Beyond Trust, Wayside Technology Group and SigFig.… Read More