San Francisco, a tech-centric city where new leasing accounted for more than 8.7 million square feet of office space and represented 11.1% of that city’s total inventory, the highest of any US market. San Francisco, a tech-centric city where new leasing accounted for more than 8.7 million square feet of office space and represented 11.1% of that city’s total inventory, the highest of any US market.

CHICAGO—High-tech users have become the most important driving force in the US office market, and the final quarter of 2017 was no exception. According to global commercial real estate services firm Cushman & Wakefield, metro regions with a strong technology presence were among the year’s best performers in leasing activity, vacancy level and absorption.