Lounger Magazine SD | Page 22

San Diego ranked 16th on the CBRE 2016 Tech Talent Scorecard , which ranks 50 US and Canadian markets according to their ability to attract and grow tech talent .
San Diego ' s placing reflects the region ’ s 47.2 % growth in tech talent over the last five years . Plus , San Diego ' s market growth of 13.9 % in Millennials from 2009 to 2014 . This was the third-largest Millennial growth rate among large markets
50,000 ,
VP Andy Ewald ( pictured ), heads up CBRE ’ s Tech and Media Practice in San Diego . He gives his insight into San Diego ' s strong growth in tech talent and how this growth is affecting the real estate market .
“ The tech ecosystem in San Diego is strong , and we are seeing a migration of tech firms from the Bay Area to San Diego ,” states Ewald . He asserts the cost of living and a competitive talent recruitment environment affect tech companies ’ ability to grow , particularly early stage companies .
Ewald says San Diego ’ s attraction for Bay Area tech firms is a combination of the lower cost of labor , real estate and cost of living , and the depth and diversity of the labor pool . He also says the region is a strategic business location , with high barriers to entry .
Because there are 67,590 tech workers in San Diego it is considered a large tech talent market , " We expect San Diego will continue to grow and attract the talent these tech companies require ,” he affirms ., San Diego ' s growth in tech talent is a combination of new talent generated by the region ’ s multi-level academic institutions ; migration of highly educated Millennials attracted by the region ’ s desirable attributes and innovative , entrepreneurial economy ; and professionals moving with tech firms relocating to San Diego or opening secondary locations here .

CBRE RANKS SAN DIEGO # 16 TECH TALENT SCORECARD

San Diego ranked 16th on the CBRE 2016 Tech Talent Scorecard , which ranks 50 US and Canadian markets according to their ability to attract and grow tech talent .
San Diego ' s placing reflects the region ’ s 47.2 % growth in tech talent over the last five years . Plus , San Diego ' s market growth of 13.9 % in Millennials from 2009 to 2014 . This was the third-largest Millennial growth rate among large markets
with tech labor pools greater than
50,000 ,
VP Andy Ewald ( pictured ), heads up CBRE ’ s Tech and Media Practice in San Diego . He gives his insight into San Diego ' s strong growth in tech talent and how this growth is affecting the real estate market .
“ The tech ecosystem in San Diego is strong , and we are seeing a migration of tech firms from the Bay Area to San Diego ,” states Ewald . He asserts the cost of living and a competitive talent recruitment environment affect tech companies ’ ability to grow , particularly early stage companies .

andrew ewald

ANDREW EWALD

VP - CBRE

Ewald says San Diego ’ s attraction for Bay Area tech firms is a combination of the lower cost of labor , real estate and cost of living , and the depth and diversity of the labor pool . He also says the region is a strategic business location , with high barriers to entry .
Because there are 67,590 tech workers in San Diego it is considered a large tech talent market , " We expect San Diego will continue to grow and attract the talent these tech companies require ,” he affirms ., San Diego ' s growth in tech talent is a combination of new talent generated by the region ’ s multi-level academic institutions ; migration of highly educated Millennials attracted by the region ’ s desirable attributes and innovative , entrepreneurial economy ; and professionals moving with tech firms relocating to San Diego or opening secondary locations here .