Month: September 2020
CBRE Signs Lease to Move Company’s Las Vegas Office to UnCommons
LAS VEGAS (September 18, 2020) – CBRE, the global leader in commercial real estate, will be moving its Las Vegas office to UnCommons, a $400 million first-of-its-kind, 40-acre mixed-use development. Developed by Matter Real Estate Group (Matter) and designed by acclaimed architectural firm, Gensler, UnCommons is poised to become the city’s epicenter for business when it opens in southwest Las Vegas at Durango Drive and the 215 Beltway in early 2022.
“It makes a bold statement that CBRE has chosen UnCommons as their new Las Vegas headquarters,” said Matter Real Estate Group Partner Jim Stuart. “We are excited to have CBRE on our tenant roster and to help deliver an enhanced workplace experience for their employees.”
CBRE, a Fortune 500 and S&P 500 company, will occupy nearly 20,000 square feet encompassing an entire floor of one of UnCommons’ five office buildings. The world’s largest commercial real estate services and investment firm, CBRE offers a range of integrated services including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
“The landlord’s commitment to health and safety helped solidify our decision to move our Las Vegas office to UnCommons,” said Pete Schippits, president of CBRE’s Mountain-Northwest Division. “The sustainability and wellness features at UnCommons align with our workplace priorities, while the design, walkable site, amenities and outdoor spaces provide the type of environment in which our clients and employees can thrive.”
In response to COVID-19, Matter took immediate action by re-engaging Gensler for a redesign of UnCommons to integrate health and safety features in compliance with the rigorous, science-based criteria set by the International WELL Building Institute™ (IWBI™). UnCommons is the first development in Nevada to be constructed for WELL Building Standard™ and one of the first in the nation to be built to standards set by the new WELL v2™ pilot, the first rating system to focus exclusively on the impacts of buildings on human health and wellness. UnCommons is also pursuing Green Globes®, which recognizes sustainability goals for new construction projects, existing buildings and interiors to encourage improved environmental and health performance while reducing environmental impacts.
UnCommons will reimagine the workplace experience with market-leading design and technology; floor-to-ceiling windows that welcome daylight and views of the natural Las Vegas surroundings; breakout spaces for individual work or small group collaboration; a conference center that can be used to host small meetings and workshops; and more. Bringing together multiple fitness studios, open-air common areas, contemporary residential units, a luxury movie theater and a mélange of food and beverage options, the campus will set the foundation for a thriving, inspiring workplace.
The highly anticipated mixed-use campus will bring to life Platform One, Las Vegas’ first neighborhood food hall; trendsetting restaurants and cafes that follow the good food movement; and nearly 1,000 apartment residences in a walkable, micro community. Future phases will bring UnCommons to more than 500,000 square feet of modern office space, built with distinctive architectural features and the latest in safety innovations.
More information about UnCommons is available on the website at www.UnCommons.com, on Facebook at @UnCommonsLasVegas and on Instagram at @UnCommons.LV.
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About UnCommons
UnCommons, a first-of-its kind mixed-use development in southwest Las Vegas, is now under construction with a first phase opening planned for early 2022. The $400 million project is designed to fulfill the modern workforce’s desire for a workplace that enhances their lives through rich amenities, open space and connectivity. The stylized urban campus will be comprised of more than 500,000 square feet of modern office space with market-leading design and technology, more than 830 residential units, a venue that blends music and movies, a beer garden, trendsetting restaurants and cafes that follow the good food movement, health and fitness studios, a multi-purpose conference center, a pedestrian trail, public art and Platform One, a food hall showcasing the best of the local food scene. The development will be the first of its kind in Nevada to be built by the standards for WELL™ Certification, which are the highest third-party endorsement of a building’s performance and protection of employee health. UnCommons is also pursuing certification by Green Globes®, a nationally recognized green rating assessment, guidance and certification program. More information is available on the website at www.UnCommons.com, on Facebook at @UnCommonsLasVegas, Instagram at @UnCommons.LV and Twitter at @UnCommonsLV.
About Matter Real Estate Group
Matter Real Estate Group is a real estate development company created to elevate the everyday human experience, enabling people, businesses and communities to thrive. The company is led by three partners, Jim Stuart, Matt Root and Kevin Burke, each with more than 20+ years of experience in the development of place making projects combining design, construction and operating strategy all under one roof. The team behind Matter strongly believes that development can be a curated experience designed around business needs while at the same time focusing on flexibility, purpose and inclusiveness. Headquartered in San Diego, Matter focuses on developing within the Western U.S. with projects in planning or under construction in major cities including Austin, Las Vegas, Los Angeles and Phoenix. More information is available on the website at www.MatterRealEstate.com, on Facebook at @MatterRealEstateGroup, Instagram at @MatterRealEstateGroup and LinkedIn at Matter Real Estate Group.
About CBRE
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit the CBRE website at www.cbre.com.
Media Contacts:
Stephanie Wilson/Lauren Painter, UnCommons@WickedCreative.com, 702.868.4545
Sara Johnston, CBRE, Sara.johnston@cbre.com, 303.264.1912
The New Game Day – At Home
Though much of our lives the past several months have been socially distanced, the return of sports is bringing us some much-needed connection. Sports have a way of uniting people and can be a distraction or provide an escape from the stresses of the world, whether it be for three periods, nine innings or 18 holes.
In the absence of being able to cheer on our favorite teams in person, we asked Chris Conlon, the culinary mastermind behind Platform One, to share a few recipes for our at-home tailgating. Just in time for the Raiders first game, Chris is sharing recipes for Korean pork belly tacos and pimento grilled cheese cheeseburgers. Enjoy!
Korean Pork Belly Tacos “al pastor” with Sriracha Crema and Cilantro
You’ll love this Asian twist on al pastor tacos!
Makes 8 Tacos
Ingredients:
For the pork:
3 c. of your favorite Korean BBQ sauce
1 c. Gochujang
¼ c. Kochukaru (or Korean chili powder)
1 Jalapeño (stem and seeds removed)
¼ c. Whole garlic cloves, peeled
¼ c. Cane sugar
1 ½ lbs. Pork butt (or shoulder), cut into ¼-inch cubes
1 lb. Pork belly, cut into ¼-inch cubes
For the tacos:
2 tbsp. lard or canola oil
2 c. White onions, diced
8 6-inch corn tortillas (try to get fresh tortillas, if available)
1 c. Cilantro, roughly chopped
½ c. Crema
¼ c. Sriracha
2 tbsp. Toasted sesame seeds
8 Lime wedges
Steps:
Combine the Korean BBQ sauce, gochujang, kochukaru, jalapeño, garlic and sugar in a blender and puree until smooth.
Place diced pork and pork belly in a large bowl and massage with pureed marinade. Let the pork marinate for at least 4 hours; overnight would be best.
Heat the lard or oil in a cast iron skillet. Remove the pork from the marinade and pat dry with a paper towel. Cook pork and white onions until the pork is cooked through, about 10-12 minutes.
Warm each tortilla in the skillet.
Divide the pork amongst the tortillas.
In a small bowl, combine the crema and Sriracha and mix to combine.
Garnish each taco with cilantro, crema, sesame seeds and serve with lime wedge on the side.
Hatch Chile Pimento Cheese Grilled Cheese Cheeseburger
Your favorite burger gets a decadent and cheesy upgrade with Hatch green chile pimento grilled cheese sandwiches replacing the buns!
Makes 4 Burgers
Ingredients:
1 lb. Ground beef (90/10 will work best)
2 tbsp. Canola oil
16 slices of Texas toast
32 oz. Pimento cheese
4 Lettuce leaves
4 Slides of tomato
4 tbsp. Creole mustard
1 tbsp. Kosher salt
2 tbsp. Cajun seasoning
8 tbsp. Butter, softened
4 slices American cheese
Steps
Divide the ground beef into four equal 4 oz. patties. Season with kosher salt and Cajun seasoning.
Heat the canola oil on a griddle or skillet over high heat. Sear the burgers on both sides. When the second side is almost finished being seared, add a slice of cheese to each patty. Set aside in a warm place, like a low temperature oven.
While the patties are cooking, build the grilled cheeses. Divide the pimento cheese between 8 slices of Texas toast; top with remaining slices of toast. Butter each side of the sandwiches. Griddle each sandwich and cook as you would a grilled cheese, until the bread is golden brown and the cheese has melted.
Spread 1 tbsp. of mustard on 4 of the sandwiches. Place the burger patty on top. Finish with lettuce and tomato. Finally, top with a second grilled cheese and cut in half on a bias.
Suggested additions: bacon, pickled, roasted or fresh jalapeño, grilled onions, pickles or any of your favorite burger toppings.
Pimento Cheese
You can always purchase a great pimento cheese, but making your own is easy to do and allows you to adjust the flavor and spice level to your liking.
Makes about 1.5 cups
Ingredients:
1.5 lbs. Sharp cheddar cheese, shredded
4 oz. Pimentos, drained and diced
1 Small serrano pepper, seeds and stem removed, diced
½ c. Mayonnaise (I prefer Dukes for a true taste of the South)
1 tbsp. Black pepper
1 tsp. Kosher salt
Steps:
Combine all ingredients in a large mixing bowl and combine until a smooth spreadable paste is formed.
Place in fridge to cool for at least 2 hours.
In-Person Collaboration, Taking the Stairs and Masks: What Employees Are Looking for as They Return to Work
At Matter, we’ve always created spaces with an eye towards the recipients who will use them. Things are different now as we all consider our office spaces and how – sometimes even if – we will use them going forward. In order to better understand how office professionals are feeling, we conducted a survey. Some of the findings were expected and we have already started redesigning projects to fit what we anticipate will be the priorities of employees in the future. We’d heard, and experienced in some cases, struggles with isolation (46% of respondents) and its corresponding declining mental health (58% self-reported), a longing to collaborate with colleagues (60%), and missing the socialization that comes with an office setting (52%). This study survey supports the assumptions we had made.
First, some information about the recipients who responded to the survey. The vast majority of respondents live in California (21%) and Nevada (69%); while we would have loved to be able to have representations of the whole country, we are limited by our networks. 57% of our respondents are male and 41% female, 85% of whom typically work from a physical office space. 85% of respondents were working full time before COVID-19 and 87% are working full time now; the uptick seemingly comes from interns who gained full time employments, potentially corresponding with college graduations. Our age differences are well spread with 38% Gen X, 30% Baby Boomers, 17% Millennials and 12% Gen Z. Since information regarding the virus, safety precautions and the economy changes daily, it is important to note that this survey was answered between the months of June and July. We will be interested to compare these results to those this fall.
Possibly the most important takeaway is an employees’ feeling of stability in their position. 76% feel very secure or secure with their employment status with 3% being very unsecure; possibly reflecting the industry of those included in our outreach. When it comes to returning to physical offices, 57% of respondents feel extremely or somewhat comfortable returning to work with 9% feeling they shouldn’t feel forced to return. This could be attributed to the communication of employers with 78 respondents having already received safety protocol from their employers.
Recipients are looking for certain office attributes when they return to the office, most of which can easily be done without much effort or hard cost. Recipients are overwhelmingly looking for two implementations: nightly deep cleaning (59%) and hand sanitizer stations (57%). These factors were even more important than the availability of a vaccine (51%). Respondents didn’t find much value in closing communal spaces (16%), staggering lunch times (14%), or bringing in box lunches instead of buffet-style (17%). More than any other attribute, 35% of recipients are NOT comfortable with employees being required to install contract tracing apps that would notify workers when a colleague is diagnosed with COVID-19 while 16% would be in favor of the tracing.
77% of respondents would rather take the stairs than wait for a socially distanced elevator. This could have many implications for new buildings. Designers may start to build staircases as actual public spaces with attention to design, aesthetics and lighting rather than an industrial setting most only see during a fire drill. Stairway entrances may become more visible and closer to the elevator or main entrance rather than at the end of hallways or behind an elevator bank. If taking the stairs is a trend that continues, will lower floors start to be more desirable for office suites?
Our respondents view on masks reflects the wide spectrum of view in the country. 40% of respondents consider a mask to make them feel MORE comfortable in going back to work. When asked directly if employees should be required to wear a mask in the office 55% said yes, 45% no. Seemingly, there are split reactions to the requirements of masks in the workplace.
Working from home has its perceived benefits and downfalls. Respondents are finding it difficult to collaborate with coworkers (53%) at home, they’re experiencing more distractions at home (46%) and are suffering from social isolation (46%). Not surprisingly, recipients are most looking forward to returning to work so they can collaborate better (60%), socialize with their peers (52%), return to the community aspect of an in-person office (49%), and have a separation of home and work (48%). All things considered, respondents show their desire for flexibility when they are in working in an office, with the most respondents (79%) wanting to work from the office at least three days per week.
70% of respondents plan to change their work travel post COVID-19 with 54% choosing to only travel with essential and 16% not traveling at all.
Respondents were cautiously optimistic when it came to how COVID-19 has or will change their lives. 50% are somewhat worried about the impact of COVID-19 on their lifestyle with only 9% extremely worried and 5% not worried at all. Respondents are most fearful of a member of their family contracting COVID-19 and there is uncertainty creating anxiety/nervousness for 61% of respondent. Between 40% and 58% feel that social distancing has had a negative effect on themselves, friends or family—with the highest negative effect being self-reported. 82% of respondents believe that they are likely or very likely to completely return to old lifestyles after a vaccine is available. The activities that they are looking forward to are visiting restaurants (76%), spending time with friends (56%) and going to sporting events (50%).
At Matter, we believe it’s important to respect each individual – only amplified with the introduction of a global pandemic. We all have the opportunity and responsibility do what we can to encourage a safe, welcoming and collaborative work place and hopefully this interpretation of the data will help to make informed decisions and move forward purposefully and informed.