Property management firm RiverRock Real Estate Group has acquired a building in Orange County that will serve as the company's new headquarters location. The 20,392-square-foot, single-story office building is located in Irvine, and will provide a permanent home for the firm's employees. While the process to search for the right location began prior to the pandemic, the public health crisis only underscored the importance of finding and buying a headquarters location.

"The headquarters search was the culmination of a nine-month process that began with a visioning and workplace strategy session with Savills," John Combs, founder of RiverRock Real Estate Group, tells GlobeSt.com. "We can now control our destiny by owning a building as well as create our "forever corporate home." This location is a manifestation of what RiverRock values and how important it is to put our people first, especially in the middle of a pandemic. It will give employees and clients an example of leading-edge architecture, workplace culture and wellness."

The pandemic has put a spotlight on health and wellness policies, and in the firm's new location, it will be better able to direct and guide these policies. "Health and wellness are important to our culture," says Combs. "A strong company cannot exist without healthy employees so encouraging healthy choices benefits our "RockStars" by giving them increased physical and mental strength, decreased stress, improved creativity, employee engagement, and improved work-life balance. For example, we subsidize our "RockStars" annually for health insurance based on achieving three levels of testing and health."

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The importance on health and wellness hasn't changed during remote work practices. "Even now, we offer virtual workouts three times a week with a trainer using body weights and have a "RockStar" step competition where we compete against each other for total steps achieved," says Combs. "The new headquarters increases the opportunity to focus on worker wellness and safety. We will take into account new COVID guidelines as well as include amenities that further support our commitment to health, wellness and the environment."

RiverRock has quickly adapted during the pandemic, and it has already transferred to a new work environment. "From the beginning we were deemed an essential business since we are in the property management industry. We immediately prepared our workforce—whether they worked from home or in the office or at client properties," says Combs. "In some cases this meant providing laptop computers if people needed better connectivity. We are now operating our home office at around 50% capacity. Our "RockStars" quickly adapted during these challenging times and we continue to provide all the tools and technology necessary to ensure our team can work remotely from any location."

 

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.