**Mega Mixed-Use Las Vegas Property Hits the Market for $575 Million**
UnCommons, a high-profile mixed-use development in Las Vegas, is officially up for sale with an estimated price tag of $575 million. The 40-acre urban campus includes 500,000 square feet of Class A office space, 91,000 square feet of curated retail space, 800 luxury on-site residential units, and spans 12.8 acres across three separate parcels.
Construction for UnCommons began in 2020 and wrapped up in April 2025. The project was developed by Matter Real Estate Group in collaboration with renowned architecture firm Gensler. Their vision was to create a dynamic live-work-play environment designed to support tenants, residents, and visitors.
The office component of UnCommons is nearly fully leased, with an impressive tenant roster that includes global names such as Deloitte, Morgan Stanley, EY, and DraftKings. More notably, these office spaces command a lease rate of $4.25 per square foot — a 44% premium over neighboring projects.
Retail at UnCommons is also in high demand, with 85% of the space currently leased to premier, first-to-market brands such as Blue Bottle, Salt & Straw, Urth Caffe, and Sunlife Organics, further enhancing its stature as a premier destination in the region.
The property is being marketed by Kevin Shannon, an investment sales broker with Newmark.
