Project Excellence – Industrial and Office Award
The best real estate developments and redevelopments facilitate the growth of their communities and create a unique sense of place for their residents to live and work. The Project Excellence Award - Industrial & Office recognizes a team who worked together on an exceptional industrial or office project such as warehouses, logistics centers, manufacturing facilities, general office, and medical office and considers factors such as deal complexity, tenant profile, market impact, environmental impact, and innovation. This award will also honor excellence in site planning, approach to the market and marketability, use of public/private partnerships, and contribution to the economic advancement of the area.
Judging Attributes
The judging panel will use the following attributes to rank, review, and discuss the Project Excellence – Industrial & Office Award nominations
Market Impact: The project positively influenced the local real estate market, attracted new businesses and residents, and enhanced the market area through methods such as strategic market positioning, successful marketing and leasing strategies, and achieving high occupancy rates and tenant satisfaction.
Deal Complexity: The project demonstrated innovative financing, complex negotiations, and overcame significant regulatory or logistical challenges.
Tenant Profile (if applicable): The development attracted high-quality and reputable tenants, ensured diverse tenant industries, and secured long-term tenancy agreements. Tenant testimony encouraged.
Innovation: The project integrated cutting-edge technology, featured unique architectural elements, and provided creative solutions to project challenges.
Contribution to Economic Advancement: The development created jobs, provided economic benefits to the local community, and enhanced local services and amenities.
Site Planning: The project showcased efficient land use, thoughtful integration with the surrounding environment, and created functional and attractive outdoor spaces.
Public/Private Partnerships (if applicable): The project effectively collaborated with government and community organizations, utilized public resources and incentives, and contributed to public infrastructure and amenities.
Environmental Impact: The development achieved sustainability certifications, utilized renewable energy and sustainable materials, implemented green building practices, is a Brownfield site, or made significant efforts to reduce environmental impact.