The University of British Columbia bested both Portland State University and the University of Washington to emerge as the victor of the 18^th Annual NAIOP Washington State Real Estate Challenge!

Teams evaluated the highest and best use for the Alexandria Real Estate-owned site at 1600 Eastlake, which sits at the center of Alexandria’s Eastlake biotech campus. As the site sponsor for the Challenge, Alexandria tasked students with creating a feasible development proposal that would enhance the surrounding biotech campus, enliven the neighborhood, and adhere to Alexandria’s commitment to sustainability.

NAIOPWA’s Real Estate Challenge Committee is proud to announce the 2021 Site Sponsor, Alexandria Real Estate Equities, Inc! The Real Estate Challenge is a development case competition in which students at three regional universities take on the role of developer. Each year, students focus on a different site and craft creative, innovative development proposals. Teams present their proposals to a panel of notable developers and investors, who adjudicate the winner of the Challenge and recipient of the coveted Bob Filley Cup.