CBRE to Open State-of-the-Art Nashville Office
19 Jul 2017
NASHVILLE, TENN. – July 19, 2017 – CBRE Group, Inc. announced it will bring its highly successful Workplace360 initiative to Nashville with the opening of a new, state-of-the-art, 16,000-square-foot office in 222, a new Hines property being developed in a joint venture with CB Ragland.
Workplace360 is CBRE’s leading-edge approach to workplace strategy designed to promote flexibility, mobility and productivity through technology-enabled, 100 percent-free address and paperless offices. CBRE’s new office, slated to open in Q2 2018, will enable the company to house approximately 100 employees in 16,000 square feet, in a more efficient design than its current space, which accommodates 70 employees in 13,000 square feet.
“Advances in technology have resulted in a different, more mobile way of working than when we moved into our existing space 15 years ago. The new office, with amenities that support our Workplace360 initiatives, will enable us to truly embrace technology and promote collaboration among our professionals, while demonstrating a new way of working to our clients and the Nashville business community,” said Stephen Kulinski, managing director of CBRE’s Nashville business.
Based in part on research that shows that employees spend 50 percent of their time working with others, CBRE’s Workplace360 initiative provides a flexible way of working and a system of places, technologies and behaviors that allow for choice based on an employee’s changing needs throughout the day. Free-address with no assigned workstations, Workplace360 offices feature a variety of work settings – a balance of both collaborative and private spaces – from which employees can self-select depending on the project at hand.
Nashville will join approximately 50 other CBRE offices around the world in transitioning to Workplace360, which has been embraced by employees worldwide. A one-year post-occupancy survey of employees in CBRE’s downtown Chicago Workplace360 office found that 90 percent of employees felt more productive in the new space.
CBRE will leverage its Workplace and Project Management teams to implement Workplace360 from initiation through move-in. Katie Whelley, project manager, will serve as project lead. CBRE assembled a steering committee of eight employees from different departments to identify what aspects were most important in the new space. CBRE’s Harrison Johnson represented the firm in the lease transaction.
“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 Dostalek, program manager for CBRE’s Workplace360 initiative. “By driving greater collaboration and productivity, and improving our business agility, our Nashville Workplace360 office will be an environment where our employees will feel engaged and thrive.”
Hines has also selected CBRE as the exclusive leasing agent for the Class A development. CBRE’s J.T. Martin, Taylor Hillenmeyer and Janelle Gallagher will represent Hines in marketing and leasing space at the property moving forward.
“We are excited to move into 222 and to help Hines identify other top tenants to do the same,” said Mr. Kulinski. “The highly efficient floorplates are a major differentiator at 222, and one of the main draws for CBRE and other top tenants.”
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.