The 22nd Annual REX Awards took place on June 20th, 2024 at the Quay!
NAIOP Greater Toronto Chapter’s Real Estate Excellence (REX) Awards are the most prestigious standard of achievement within the commercial real estate development industry.
Congratulations to our 22nd Annual REX Award Winners!
Major Awards
Lease of the Year
Project: ICICI Tower at 366 Bay Street
Team: Dream Office REIT, Lennard Commercial Realty
Investment Deal of the Year
Project: Acquisition of Summit REIT by GIC and Dream Industrial REIT
Team: GIC, Dream Industrial REIT, Dream Unlimited, Summit REIT, TD, BMO, CBRE, Osler, Stikeman Elliott, McCarthy Tétrault, Skadden, King & Spaulding
Development of the Year
Project: ALMA Guelph Phase 1
Team: Forum Asset Management
ESG Impact
Project: Waterfront Innovation Centre
Team: Menkes Developments Ltd., BGO, Waterfront Toronto, Sweeny &Co Architects Inc., EllisDon, Green Reason
Asset Class Awards
Office Lease of the Year
Project: ICICI Tower at 366 Bay Street
Team: Lennard Commercial Realty, Dream Office REIT
Industrial Lease of the Year
Project: Fifth Line Business Park in Milton
Team: BGO, CBRE
Retail Lease of the Year
Project: 11 YV
Team: RioCan, Metropia, Capital Developments, JLL, RE/MAX
Industrial Development of the Year
Project: Heart Lake Business Park
Team: Berkshire Axis Development, Fiera Real Estate, Cecchini Group Inc., Ware Malcomb, Lemay, Cushman & Wakefield, Citi Brokers
Multi-Residential Development of the Year
Project: ALMA Guelph Phase 1
Team: Forum Asset Management
Retail Development of the Year
Project: Sugar Wharf Retail
Team: Menkes Developments Ltd., TD Asset Management, B+H Architects, architects Alliance, Savills
Office Investment Deal of the Year
Project: Allied Properties REIT Urban-Data-Centre Portfolio
Team: Allied Properties REIT, Telehouse Canada Inc., Scotiabank, CBRE
Industrial Investment Deal of the Year
Project: Acquisition of Summit REIT by GIC and Dream Industrial REIT
Team: GIC, Dream Industrial REIT, Dream Unlimited, TD, BMO, CBRE, Osler, Stikeman Elliott, McCarthy Tétrault, Skadden, King & Spaulding
Retail Investment Deal of the Year
Project: Sale of Conestoga Mall to Primaris REIT
Team: Ivanhoé Cambridge, Primaris REIT, TD Securities, CBRE
Multi-Family Investment Deal of the Year
Project: Harmony Commons at the University of Toronto’s Scarborough Campus
Team: LiUNA Pension Fund of Central and Eastern Canada, Fengate Asset Management, University of Toronto Scarborough
Individual Awards
NAIOP GTA is pleased to recognize our Individual Award winners for their Extraordinary Leadership and Accomplishments!
Real Estate Icon Award
Peter Menkes, President, Commercial/Industrial, Menkes Developments Ltd.
Real Estate Community Service Award
Vanessa Oliver, Principal, Broker of Record, Regent Street
Developing Leader of the Year
Veronica Green, Vice President, Slate Asset Management
Chapter Volunteer of the Year
Mitch Gillin, Senior Vice President, Asset Management & Operations, Hullmark
Thank you to all who were involved in the planning and execution of the event and to the sponsors who made it possible! We are already looking forward to next year!