Press Release

New CBRE Office to Spotlight Advanced Tech and Flex Strategies

12 12月 2018

DCWorkplace360PR

CBRE “Workplace360” Global Initiative Guides Office Move to Optimize Workplace Experience

Washington, DC – December 12, 2018 – CBRE announced plans today to relocate its Washington, DC office to a new 55,000-square-foot work space in early 2020. Part of CBRE’s global “Workplace360” initiative, the new office at 1900 N Street, NW will feature both state-of-the-art technology and design that enhances workplace experience and seamlessly connects employees both to the building and to the vibrant DuPont Circle neighborhood amenities.

The new office will be located in a building that spans the full length of the block between 19th and 20th streets across the street from the DuPont Circle Metro station.

“We selected this new JBG SMITH building because of its high ceilings, virtually column-free configuration, forward-thinking design and light-filled floorplate—all important elements that support our mission to elevate our employee and client experience and further our lead in the Washington real estate market,” said Kyle Schoppmann, Executive Managing Director of CBRE’s Mid-Atlantic region.

CBRE’s Workplace360 initiative promotes flexible and mobile working with enhanced technology and features a balance of workplace settings, including both collaborative and private spaces that employees can self-select to accommodate their hour-by-hour needs. Using CBRE’s proprietary technology, employees will have the ability to find and connect with colleagues, have their favorite latte ready for them when they arrive at work, and book a conference room, all at their fingertips.

“Our new workplace will foster increased collaboration and agility and more wholly reflect the way we think, work, and serve our clients. We look forward to welcoming our clients for meetings and events so they can experience cutting-edge solutions to help inform their decision-making as they consider their own future workplace needs,” Schoppmann said.

CBRE will leverage its in-house Workplace and Project Management services to implement the project from initiation through move-in. Employee committees will participate in decision-making to create a unique office experience that caters to individual health and wellness, while also reflecting the excellence of the CBRE brand and corporate culture.

“From productivity and wellness, to engagement and recruitment, the workplace directly contributes to business results. Better business performance begins with better workplace performance, and at CBRE, we practice what we preach,” said Cicily Scharlach, program manager for CBRE’s Workplace360 initiative. “By driving greater collaboration and productivity, and improving our business agility, our newest Workplace360 office will be an environment where our employees will feel engaged and thrive.”

“We are very pleased and honored that CBRE has selected 1900 N Street for its Washington, DC office and we are excited to partner with them in delivering a world-class environment for their firm,” said David Ritchey, Executive Vice President and Head of Leasing for JBG SMITH. “As a global real estate leader, CBRE’s decision to relocate to 1900 N Street further validates our strategic location and best-in-class design, specifically addressing the needs of forward looking, industry leading professional services organizations.”

CBRE’s Lou Christopher, Jordan Brainard and Brian Murphy led the firm in the transaction. David Ritchey, Scott Franklin and Andrea Murray led the transaction for JBG SMITH. The company will move from its current offices at 750 9th Street NW.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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 our website at www.cbre.com.