CBRE Opens State-of-the-Art Office in Richardson, Texas

New office features cutting-edge collaboration technology and a virtual reality/extended reality studio

DALLAS–(BUSINESS WIRE)–CBRE Group announced the opening of a flexible, high-tech office in Richardson, Texas, designed to enable hybrid work and create a seamless experience for in-office and remote participants. The 131,000-sq.-ft. office at Galatyn Commons houses the company’s Dallas-based Digital & Technology, Finance, People (Human Resources) and Supply Chain/Procurement staff.

The new office is part of the company’s future-focused approach to workplace strategy, called Workplace360. Throughout the office, the company is testing various collaboration technologies to enable hybrid work, including:

• A camera view called “smart gallery” that follows a speaker as they move around the room and gives each in-room participant a meeting profile to allow remote attendees to engage as if they had a seat at the table.
• Touchscreens that promote next-level, mixed-presence collaboration, inviting in-person and remote colleagues to annotate and whiteboard together.
• Touch-free video conferencing that allows employees to control presentations using voice activation or personal mobile devices to promote health and wellness.

The physical office also features an XR (extended reality) studio where the company is exploring and testing applications for commercial real estate in the metaverse. CBRE has already developed an exploratory-stage virtual office in the metaverse, which is being tested with select teams within the company.

“As we look to the future of the office, our efforts will showcase how corporate clients can support hybrid work models through a combination of technology-enabled physical spaces and virtual collaboration, learning and development, and wellness,” said Peter Van Emburgh, Head of Corporate Real Estate for CBRE.

Josh White and Chelby Sanders represented CBRE in the Richardson office lease transaction. CBRE’s Consulting group provided location incentive services and workplace strategy/change management services. The company’s in-house Design practice managed the workplace design.

About CBRE Group

CBRE Group, 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. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.

Contacts

Kris Hudson

Kris.Hudson@cbre.com
214-755-1794