NAIOP Vancouver Reveals Finalists For 2024 Commercial Real Estate Awards

Last week, NAIOP Vancouver, which represents members of the commercial real estate sector in British Columbia, revealed the finalists for its 2024 Commercial Real Estate Awards.

The NAIOP Commercial Real Estate Awards is a biennial program that happens every two years, which means this year's awards covers both 2022 and 2023.

"This year's event aims to honour outstanding achievements spanning various disciplines involved in shaping successful commercial real estate solutions," NAIOP Vancouver said. "From property owners to developers and professional advisors, these awards spotlight the pivotal leadership roles played by industry stakeholders. The program celebrates excellence in quality and performance, innovation and creativity, teamwork, and collaboration, as well as a commitment to community and environmental awareness."

This year's awards ceremony will be held on Wednesday, May 29, at the Rocky Mountaineer Vancouver Station at 1755 Cottrell Street. Tickets are currently on sale, with sales closing on Wednesday, May 22.

The awards span the office and industrial sectors, for both developments and leasing — among other categories. One final award, the Developing Leader Award, is still currently taking nominations, with one winner to be announced for the 2022 calendar year and one for 2023.

The finalists for this year's awards are...

Best Office Development

Best Office Lease

Canaccord at The Stack (Cushman & Wakefield)
Heritage Lease - Nickel Building (Avison Young)
MNP Relocation to 609 Granville (Cadillac Fairview)
B6 (BGO)

Best Industrial Development

Lordco Auto Parts Head Office and Distribution Centre (Conwest Developments)
Richmond Industrial Centre (Montrose Properties)
Amazon – YVR6 (Beedie)
Riverbend Business Park (Oxford Properties)

Best Light Industrial Development

Pivotal 2 (Conwest Developments)
Benchmark (Conwest Developments)
150 West 4th Avenue (Dayhu)
Langley Gateway (Denciti Development Corp.)

Best Industrial Lease

69 & 71 Glacier Street, Coquitlam (Avison Young)
55th Avenue (Nicola Wealth Real Estate)
7233 Progress (JLL)

Best Retail Lease

111 Dunsmuir Street, Vancouver (Colliers)
Lonsdale Square (Colliers)
Altea Active: West 6th (Sitings Realty Ltd.)
HOUSS Mount Pleasant Vintage (Conwest Developments)

Best Investment Transaction

Evolution Block (Avison Young)
Pacific Corporate Centre (Avison Young)
Il Mercato (Colliers)
Legacy Pacific Industrial Park (Avison Young)

Best Tenant Improvement (10,000 Sq. Ft. and Under)

Robert Allan Ltd. (Aura Office)
Serein (Turner Construction)
Appia Development (Fusion Projects)
Lotz & Company (SCC Construction)

Best Tenant Improvement (Over 10,000 Sq. Ft.)

Deloitte Summit (Omicron Canada Inc.)
Lululemon Drake Store Support Centre (Matra Construction Inc.)
Match Group, Plenty of Fish (M Moser Associates)
Trulioo (Edit Studios)
BentallGreenOak Bentall 5 HQ (Avison Young)

ESG - Environmental Initiative and Social Initiative

The Stack (Oxford Properties)
River Road, North Delta (Wesgroup Properties)
And-Co ESG Initiatives (Arpeg Group of Companies)

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NAIOP Vancouver Reveals Finalists For 2024 Commercial Real Estate Awards

The NAIOP Vancouver Commercial Real Estate Awards ceremony will be held on Wednesday, May 29.

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Canada’s cottage country made headlines this week thanks to capital gains tax hikes, but – all things considered – it may not be as big a deal as it's being made out to seem.

The distinct shipping container home is only for the narrow-minded – literally.

The Broadway-Commercial Safeway redevelopment by Westbank and Crombie REIT has seen numerous revisions over the past few years, and is going to get another.

The next group of municipalities to receive housing targets under the Housing Supply Act include Surrey, Kelowna, and New Westminster, among others.