UnCommons, a $400 million, 40-acre mixed-use community by Matter Real Estate Group, today announced Sotheby’s International Realty as its newest tenant. The global real estate leader will join the development when the campus opens early next year in southwest Las Vegas.
Occupying a 13,000-square-foot space on the ground floor of UnCommons’ second office building, Sotheby’s move to the UnCommons will support it’s expansion in the Las Vegas market.
“Not only is Sotheby’s International Realty an iconic global brand, but their approach to urban, street-level store fronts fit perfectly with our design intent,” said Matter Real Estate Group Partner Jim Stuart in a press release. “We look forward to providing a creative, pedestrian connected space for their team to continue growing their industry-leading presence in Las Vegas.”
Sotheby’s International Realty was founded in 1976 as a real estate service for clients of Sotheby’s auction house. Today, the company’s global footprint spans approximately 1,000 offices located in 75 countries.
“Las Vegas Sotheby’s International Realty is disrupting the luxury real estate industry in Las Vegas. From intentional partnerships to a new style of luxury services, our firm is rooted in being different and beyond the status quo,” said Randy Char, President of Las Vegas Sotheby’s International Realty. “Vetted and approved by the iconic Sotheby’s auction house, our new location at UnCommons will allow us to deliver a level of service to our agents and their clients that this community has not seen before.”
Several other companies have committed to move into the UnCommons’ two office buildings including CBRE, Morgan Stanley and BDO. DraftKings recently announced it will occupy 90,000 square feet within UnCommons.
UnCommons will have floor-to-ceiling windows, views of Las Vegas, breakout spaces for individual work or small group collaboration and a conference center. The UnCommons brings together multiple fitness studios, open-air common areas, contemporary residential units and a variety of food and beverage options. Future phases will bring UnCommons to more than 500,000 square feet of modern office space, all built with distinctive architectural features and the latest in safety innovations.