CBRE Opens its New Flagship Tech Space in Kitchener-Waterloo’s Innovation District

CBRE’s first ‘brick and beam’ office transformation in global portfolio

Kitchener-Waterloo, ON – December 7, 2017 – CBRE Limited (‘CBRE’) continues to expand its Canadian Workplace Transformation program with the launch of its new Kitchener-Waterloo office. The office, located in Allied Properties REIT’s building at 72 Victoria Street South, creates an innovative and market leading experience for its employees and clients. The newly completed space represents the ninth CBRE office in Canada to be strategically transformed in the last two years. Not only is it the company’s flagship tech space, it is also the first ‘brick and beam’ office transformation within its global portfolio.

“Our newly completed Kitchener-Waterloo office is one of the most entrepreneurial and progressive working environments in the region. Our location in the heart of Kitchener’s innovation district represents our commitment to the region as one of Canada’s major engines of innovation,” commented Mark Renzoni, President and CEO of CBRE Canada. “We advise leading organizations across the globe on how to gain an advantage from their real estate so, for us, this space is all about practicing what we preach. It’s our real-word case study on the quality of workplace we can create for our clients across a variety of building types. Whether it’s within a newly built office development, or ‘brick and beam’ space, we have been able to deliver world-class workplaces for our professionals.”

As CBRE’s flagship tech space, the Kitchener-Waterloo office incorporates significant technological investments – including cloud-based file storage solutions and a digitization program that reduced paper consumption by 85% – to allow for increased mobility while encouraging employees to work seamlessly when away from their desks.

Creating a healthy working environment was also of paramount importance, thus no employee is stationed more than 25 feet from natural sunlight and views. With some doctors labelling sitting as the ‘new smoking’, all employees are provided with Sit-Stand workstations to help reduce sedentary behavior and encourage physical mobility during work hours. In order to reduce background noise, cited as the leading cause of distraction and stress among office workers, an active electronic sound masking system is placed throughout the office. This emits white noise, custom-tuned to the acoustic parameters of the space, to substantially dampen background noise, creating an environment that enhances concentration and focus.

“Leading organizations understand more than ever that employee health and wellness are now critical in driving their real estate decisions. We took a progressive and technology focused approach to designing our space while carefully considering the impact of each design decision on the wellness of our employees. When you consider that most workers spend approximately half their waking hours in an office, employers can have a real and direct impact on employee wellness and productivity,” commented Ashley O’Neill, Vice President of Corporate Strategy at CBRE Canada.

“Considering that Kitchener-Waterloo is the fastest growing tech market in Canada and the second fastest in North America, it was integral to our strategy to be in the heart of the Innovation District. We have learned a lot from this vibrant tech region and I believe we have captured its essence within our new Kitchener-Waterloo office. The unique aspects of this space truly set it apart yet maintain the consistent high-quality client experience that we are delivering across all of our newly transformed offices,” said Peter Whatmore, Executive Managing Director of CBRE in Southwestern Ontario. “Not only was it important for us to showcase our market leadership with our new space, it was critical that it provided an environment that inspired and motivated our teams. I am happy to say we have accomplished both feats.”

About CBRE’s Canadian Workplace Transformation program

CBRE Canadian Workplace Transformation program is a national project to reimagine its workplaces across Canada with the goal of creating the workplaces of the future and the healthiest office environments in the country. Starting in 2015, the program has seen nine offices, totaling over 130,000 square feet and over 700 employees, transformed to-date.

CBRE is pioneering workplace wellness through office design and the offices feature the following employee wellness features:

  • Universal access to natural light for all employees.
  • Ergonomic Sit-Stand desks that reduce sedentary behaviour.
  • Noise-attenuating technology to reduce background noise, cited as a leading cause of workplace stress.
  • The RISE Café, a central point to encourage socialization and collaboration among employees. The venue helps create a culture where staff are encouraged to take a proper lunch break away from their desks to recharge and refuel.

The entire lifecycle of these projects are sourced and executed by CBRE’s in-house service lines, including the development of the workplace strategy and design, project managing the procurement and construction process and, finally, the planning and execution of the physical relocation of employees.


About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), 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 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through about 450 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 our website at www.cbre.com.

 
In Canada, CBRE Limited employs over 2,000 people in 22 locations from coast to coast. Please visit our website at www.cbre.ca.
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