Low costs and high startup opportunity make

Pittsburgh an attractive market for tech firms

Pittsburgh

• Low costs and a highly educated workforce have made Pittsburgh an attractive option for tech

companies looking to expand operations outside of primary tech markets. Google, Uber, NetApp and

Apple have all recently established or expanded their operations within the metro.

• The technology industry has been driving leasing activity in the Pittsburgh market. High-tech companies

have leased 679,000 square feet of office space in the Pittsburgh market over the last 12 months,

representing 21.2 percent of all leasing activity. What’s more, the majority of these companies have

expanding operations, which has lead to a tightening of the office market and increased employment

throughout the region. Source: JLL Research

Chart of the week: November 23, 2015

TOP TECH LEASE TRANSACTIONS