NAIOP Awards Honor Creativity, Diversity and Sustainability at Development ‘13

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WASHINGTON, D.C. – October 14, 2013 – (RealEstateRama) — At Development ’13: The Annual Meeting for Commercial Real Estate in San Diego, Calif., this week, NAIOP, the Commercial Real Estate Development Association, presented awards honoring outstanding achievement and showcasing key industry pillars of creativity, diversity and sustainability.

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On Wednesday, October 9, six rising stars in real estate development all under age 35 were acknowledged with the 2013 Developing Leaders Award for their strategic vision, leadership qualities and demonstrated commitment to industry advancement. Earlier that day, Stonebridge Carras, Bethesda, Md., was presented with the 2013 Sustainable Development Award for its “200 I St., SE, Washington, DC” retrofit project which transformed an abandoned, unsightly industrial building into a state-of-the-art, environmentally-friendly office building which has become an architectural anchor spurring growth in a bustling, new part of the city. Jane Galbraith Mahaffie, Principal, StonebridgeCarras, accepted the award.

The evolution of e-commerce and emerging consumer retail trends were all the buzz Wednesday morning as Ware Malcomb, a contemporary full-service architectural design firm headquartered in Irvine, Calif., and Riddell Kurczaba, a design consulting firm located in Calgary and Edmonton, Alberta, Canada, were recognized for their futuristic distribution and fulfillment center design concepts in NAIOP’s 2013 Distribution/Fulfillment Center Design of the Future Competition.

The conference kicked off on a high note Tuesday, October 8, by honoring Vulcan Real Estate, Seattle, Wash., with the 2013 Developer of the Year Award. Ada Haley, Vice President, Vulcan, was on hand to accept the award.

Vulcan directs all real estate investment activities for Vulcan Inc., a Paul G. Allen company, and through strategic acquisitions and innovative development has delivered 4.8 million square feet in 23 new facilities in Seattle’s burgeoning South Lake Union neighborhood. With approximately 800,000 square feet currently under construction, including 400,000 square feet of commercial space for website retailer Amazon.com and 466 apartment units planned for delivery later this year, Vulcan’s diversified portfolio of assets includes office, biotechnology, residential and mixed-use projects.

And following a time-honored tradition, attendees recognized the service of outgoing 2013 Chairman Gene Reilly, CEO – Americas, Prologis, and welcomed incoming 2014 Chairman Jean Kane, CEO, Welsh & Colliers International, during the passing of the gavel.

For additional highlights and previous news releases on the 2013 award recipients, visit www.naiop.org.

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About NAIOP: NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP comprises 15,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit www.naiop.org.

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