Ken McCarthy

Cushman & Wakefield’s ‘Tech Cities 2.0’ report confirms Chicago as a major tech hub for the U.S.

Low cost of living relative to other tech markets gives Chicago a leg up Chicago, October 12, 2018 – Cushman & Wakefield today released Tech Cities 2.0 an annual report that identifies existing and emerging tech centers increasingly driving the North American economy and details their impact on the commercial real estate sector. Historically a hard goods hub, Chicago has established itself as an important city for technology (see video clip) and an increasingly appealing choice for tech companies and the young talent they are attracting – with companies like Microsoft, Google, Salesforce and others setting up major operations in the City. Further, non-tech companies reliant on strong tech functions are moving to the City of Chicago because of its strong talent pool. “A confluence of factors such as access to talent, top universities, a relatively low cost of living, and relatively inexpensive real estate costs make Chicago a very appealing [...]