New tech talent is skipping NYC and LA for Indiana and Alabama


San Jose remains the leader for recent STEM grads

Recent tech graduates are more interested in the Midwest and the Deep South than the glitz and glamour of New York City, a new study claims.

A new report by JLL found that, while San Jose is still the number one destination for new STEM graduates, the number two destination is Columbus, Indiana, while Huntsville, Alabama comes in at number three, according to Bisnow.

While they may seem like strange choices at first, both cities have large industries to attract new tech talent. Columbus is home to the Purdue Polytechnic Institute, while Huntsville is home to Cummings Research Park and NASA’s Marshall Space Flight Center.

This could provide the commercial real estate industry in both cities with a boost, as 22 percent of its office leasing across the U.S. came from the tech sector in 2017, according to JLL.

A recent ranking of the most expensive tech districts across the globe based on the price per square foot of office space put London at number one, followed by San Francisco and Dublin. New York City checked in at number eight. [Bisnow]– Eddie Small

Article Source: The Real Deal