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Allen Matkins/UCLA Anderson Forecast Summer/Fall 2014: California’s Tech Boom Drives New Demand for Office Space

7.24.14

Led by the tech boom in San Francisco and Silicon Valley, demand for office space all over California is increasing dramatically, but with changing requirements, such as square footage and more creative space. We spoke to some experts who are currently filling the new office workers' needs. 

  • Tech, social media, and entertainment are fighting for office space. 
  • Tech companies want creative space. 
  • No expectation of bubble because demand is driven by fundamentals of increased economic activity.

Download the 2014 Summer/Fall Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey

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