Winners Announced at 12th Annual Real Estate Excellence (REX) Awards Gala

TORONTO, April 4, 2013 /CNW/ - NAIOP Greater Toronto Chapter, the region's pre-eminent commercial real estate association, honoured six teams and four individuals at its awards gala, held at the Metro Toronto Convention Centre, Toronto on Wednesday, April 3, 2013.

The annual NAIOP REX Awards is a recognition program that celebrates the achievements of the office, industrial, retail and mixed-use real estate industry in the Greater Toronto Area. The awards criteria focus on results (quality and performance), skills (teamwork, collaboration, innovation and creativity) and values (community and environmental awareness). The project winners were judged and selected from over 40 submissions.

Awards were presented in the following categories:

Industrial Lease of the Year
Winner:	Lowes Distribution Centre
Team:	Kylin Developments Inc.; CREIT - Canadian Real Estate Investment Trust; Lowes Companies Canada, ULC; Colliers International; Stikeman Elliott LLP
Industrial Development of the Year
Winner:	Millcreek Business Park, 6275 Millcreek Drive
Team:	Orlando Corporation;Stanley Black & Decker; CBRE Limited
Green Award of the Year
Winner:	Sustainability 360
Team:	Cadillac Fairview; TD Centre Program
Office Lease of the Year
Winner:	Bay Adelaide Centre East Tower
Team:	Deloitte Management Services; Brookfield Office Properties; Cushman & Wakefield Ltd.; McCarthy Tetrault LLP; McMillan LLP; Woods Bagot; KPMB Architects
Office Development of the Year
Winner:	1919 Minnesota Court
Team:	Carttera Private Equities Inc.; DuPont Canada; Avison Young Commercial Real Estate; Quadrangle Architects Limited; Maple Engineering and Construction
Investment Deal of the Year Award
Winner:	Scotia Plaza
Team:	DREAM for Dundee REIT; H&R REIT; Scotiabank; TD Securities; CBRE Limited; Osler, Hoskin& Harcourt LLP
Four individuals also were honoured at the REX Awards:
Lifetime Achievement Award:	Tom McCarthy, DTZ, a UGL company
Community Service Award:	Margot Friedman, Three E's Creative Solutions
Developing Leader:	Matthew Brown, CBRE Limited
Developing Leader:	Peter McFarlane, LaSalle Investment Management

About NAIOP Greater Toronto Chapter

Founded in 1977, the Greater Toronto Chapter of NAIOP has become the premier "meeting place" for developers, owners and related professionals in office, industrial and mixed-use real estate. NAIOP's burgeoning membership represents a diverse and influential mix of the industry's top companies and top performers.

The association's mission is to serve members by providing a program of regular, high-quality information and education opportunities and a series of networking and recognition events. In doing so, NAIOP Greater Toronto Chapter provides opportunities for members to converse with peers, industry leaders and innovative thinkers.

SOURCE: NAIOP Greater Toronto Chapter

Constance Wrigley-Thomas, CAE, Executive Director, NAIOP Greater Toronto Chapter, Tel: [phone] or (cell) 289-259-9623, [email protected]