With 1.1 million square feet planned or under construction in Las Vegas, Matter Real Estate Group is entering the Las Vegas market making a statement. The commercial real estate development group currently has four projects in Las Vegas, making them among the most active developers in the city.
Founded by real estate veterans Jim Stuart, Matt Root and Kevin Burke, the three together bring more than 80 years of combined experience and over 20 million square feet developed or acquired.
While Matter Real Estate Group is new to Las Vegas, two of the company’s principals have a deep history in the market. Jim Stuart is known for bringing innovative developments to Las Vegas that push the boundaries. Most notably, Stuart and partner Ken Sullivan founded Centra which developed numerous projects including the upscale, open-air shopping, dining, office and entertainment center Town Square Las Vegas. Prior to Centra, Stuart was co-founder of Colliers International Las Vegas, alongside college friend Mike Mixer.
Kevin Burke is the CEO of Burke Construction Group, a well-known and award-winning general contracting firm based in Las Vegas. Burke and Stuart met Matt Root, the third co-founder of Matter Real Estate Group, nearly ten years earlier. Root is Managing Partner and Chief Executive Officer of Parallel Capital Partners. While lesser known in Las Vegas, Parallel Capital Partners is a multibillion-dollar real estate concern that has enjoyed partnerships with GE Capital, Invesco, Starwood and many others under Root’s leadership.
Formulated while Stuart, Burke and Root were on a 620-mile bike ride down the California coast, Matter aims to deliver more than buildings.
“In what started as a long conversation about the course life has taken us on,” said Stuart. “We started to feel, like many others, that there was something more to be done. Becoming better people, being a part of something with purpose and being able to reflect on a life with no regrets. It was this conversation over the long miles that led us to the creation of Matter.”
Added Burke, “We believe relationships matter – treating people with compassion – and contributing to the communities that we live in. And for me while my core business will remain general contracting, the chance to be partners with friends, who both happen to be accomplished real estate leaders is something I could not pass up.”
The pairing of an entrepreneurial spirit with institutional operating knowledge positions Matter to remain agile while taking on projects of significant scope.
In Las Vegas alone, Matter is developing industrial and mixed-use projects throughout the valley:
• Matter Logistics Center @ Craig – 155,000 sf industrial building
• Matter Business Park @ Warm Springs – 135,000 sf industrial building
• Matter Park @ West Henderson – 300,000 sf mixed-use (industrial, office and retail)
• Matter Logistics Center @ West Cheyenne – 500,000 sf industrial building
About Matter Real Estate Group
Matter Real Estate Group is a real estate development company that combines practiced creativity with proven capability to build ground-up real estate solutions that aim above and beyond. The company unites design, construction and operating strategy under one roof, so every part of every project reflects a unified vision.
Headquartered in San Diego, CA, Matter focuses on developing within the Western U.S. with projects in planning or under construction in major cities including Dallas, Las Vegas, Los Angeles and Phoenix.
To learn more, visit www.matterrealestate.com.