Post by Newmark

Name: Tech's real estate footprint may be shrinking — but the bets are getting bigger. Newmark analyzed t
Uploaded: 2026-07-01T14:00:30.692Z
Channel: Newmark
Description: Tech's real estate footprint may be shrinking — but the bets are getting bigger. Newmark analyzed the 100 largest U.S. tech leases of the past 12 months. The footprint narrowed, but average lease siz

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Tech's real estate footprint may be shrinking — but the bets are getting bigger. Newmark analyzed the 100 largest U.S. tech leases of the past 12 months. The footprint narrowed, but average lease size jumped 33%. Just 5 markets captured 85 of the top 100 — led by the Bay Area, New York and Boston. The driver? AI, cloud software and, especially, fintech firms doubling down where VC, talent and trophy space converge. Concentration is the new conviction. Read “Big Tech’s U.S. Office Strategy Is Clear: Concentrate, Upgrade, Expand” here for the full story ➡️ https://nmrk.re/3SsI6dn #Newmark #BigTechLeasing #TechLeasingExpansion

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