Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Tech Sector: A Growth Story in Denver’s Still Recovering Office Market

A Growth Story in Denver’s Still Recovering Office Market

Metro Denver’s Tech Sector

The Covid-19 pandemic caused more talent to disperse into secondary and tertiary markets, with talent and tech companies alike gravitating toward cities with highly educated workforces, that are more affordable than gateway markets and provide a high quality of life. The work-from-home shift became a growth driver for many tech companies, with the sector showing great resilience to the recent downturn. This is evidenced by sustained job growth throughout the pandemic, while other office using sectors combined for negative net job growth. These trends resulted in a growing share of office leasing activity by the tech sector in 2021.

Growth Drivers

The concentration of younger, well educated workers is perhaps the most appealing factor for tech companies to expand in or relocate to the Denver metro. Denver ranks fifth among the most educated metro areas nationally, with nearly 45% of the over 25 population having a bachelor’s degree or higher. This is well above the national average of 33% and falls just short of major tech hubs like Austin and Boston.

Get the full report

Related Insights

energy star certification
Article • Sustainability / ESG

​​The Energy Star Portfolio Manager: Helping Buildings Meet New Performance Standards​

Forget gasoline-fueled, tanked-up automobiles. America’s real energy guzzlers are buildings—both commercial and residential—which account for one-third of all greenhouse gas emissions every year.
Jack Pufunt • 9/20/2023
Manufacturing Resurgence

U.S. Manufacturing Resurgence?

Disruptions to supply chains across the world have been the norm over the past three years, bringing the impacts of globalization and the importance of well-functioning supply chains into sharper focus.
David Smith • 9/18/2023
Article • Investment / Capital Markets

Market Matters: Exploring Real Estate Investment Conditions & Trends

Welcome to the latest edition of “Market Matters”; a biweekly perspective of current Capital Markets themes from Cushman & Wakefield's research professionals. In this newsletter, we explore current conditions, short-term developments and long-term economic trends so you can better understand their impact on the real estate investing environment. 

Ready to talk?

Our professionals are ready to provide further details on this and many other topics.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All