«Thus,
any tech sublease space that hits the market — a sign that firms have possible sopped growing and have started shrinking — makes a lot of people very nervous.»
Not exact matches
After graduating from the Atlanta
Tech Village, we were lucky to
sublease square feet of office
space for our rapidly growing team that's now at 110 employees!
Companies
subleasing space in the city include marquee
tech companies like Dropbox, Twitter (TWTR), and Zenefits, as well as non-
tech companies like Charles Schwab (SCHW).
There will likely be more
sublease office
space coming on the market soon as «at least one major
tech firm» is looking to relocate its offices, noted Cushman.
While the share of
sublease space points to a slowing
tech industry locally, it's not all bad news.
The supply of
sublease space is fueled by
tech companies, such as Salesforce, that are moving into new headquarters and putting their old offices on the market, as well as by companies such as Twitter Inc. whose real estate needs have fallen short of their planning, according to Gundersheim.
So suggests Evan Combs, a San Francisco - based adviser at Cresa, a corporate real estate advisory firm that helps
tech startups land the right
space and which began to observe the increase in
subleased property in the third quarter of last year.