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.

###

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