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2020 NAIOPWA Night of the Stars Finalists & First Winners Announced

2020 NAIOPWA Night of the Stars Finalists & First Winners Announced

Fourth Annual People’s Choice Award with Daily Voting 9/16 – 10/6

SEATTLE – Announced today, category finalists for NAIOP Washington State’s 2020 Night of the Stars Awards showcase the best commercial real estate development projects in Washington State completed between July 1, 2019, and August 1, 2020—a period in which we have faced a global pandemic, as well as the effects of new legislation and rapidly evolving municipal planning in our region. The 2020 finalists on the whole reflect major shifts in our region toward affordable, mixed-use housing developments that embody and honor community heritage, as well as the rapid increase in industrial real estate supporting last-mile delivery. 

As always, Night of the Stars finalists and winners show how a world-class commercial real estate industry supports the evolution of our region’s businesses, homes and organizations. The first two winners for 2020 are Kirkland Urban, Mixed-Use Development of the Year, and NEXUS, High-Rise Residential Development of the Year. While these two winners stand alone in their respective categories, we again saw a significant number of multi-family nominees, meriting separate categories based on size. 

Notable 2020 finalists include, among dozens more: 
  • The Starlite Distribution Center, entirely conceived and developed on a former drive-in movie theater site in the midst of quarantine;
  • Seattle Children's Research Institute: Building Cure, the first high-rise building to provide office space, lab space and outreach facilities for patients in a single location;
  • and Solis, a first for NAIOPWA's Night of the Stars: a passive house multi-family project that achieves significant environmental gains without a big price tag.
Winners will be announced on Friday, November 6, at our first-ever virtual Night of the Stars. Thanks to new online event software, pre-registered guests will enjoy conversation and camaraderie at their virtual tables online before winners are announced. Learn more about Night of the Stars 2020 online. 

The 2020 finalists' gallery is now live in the NAIOPWA app where the commercial real estate community may cast their first votes for this year's People's Choice honor; voting will continue in the app and online through October 7. NAIOPWA supporters, project team members, and the industry community can vote for one project per day that they feel represents best-in-class in CRE for our region. Visit NAIOPWA.org/app for download links and information on setting up an account or resetting passwords. 

Night of the Stars 2020 Winners & Finalists
WINNER: High-Rise Residential Development of the Year: NEXUS
WINNER: Mixed-Use Development of the Year: Kirkland Urban

Affordable Housing Development of the Year
An Lạc 
Mercy Magnuson Place

Community Impact Development of the Year
Seattle Children's Research Institute: Building Cure
Gardner House and Allen Family Center

Developer of the Year
Panattoni Development Company
Vulcan Real Estate 

Hospitality Development of the Year
7 Cedars Hotel
citizenM South Lake Union hotel
Hotel Indigo Everett Waterfront
Capitol Hill Food Hall

Industrial Build-to-Suit Development of the Year 
Ballinger Heated Storage
Best Buy Fulfillment Center
UNFI Pacific Northwest Distribution Center

Industrial Speculative Development of the Year
Frederickson ONE
Glacier Peak at Riverside Business Park
Starlite Distribution Center
Sumner Ridge

Multi-Family Residential Development of the Year: Fewer than 100 Units
Flyway
Robin’s Nest
Solis
The Village at Westgate

Multi-Family Residential Suburban Development of the Year: More than 100 Units
Bell Marymoor Park Apartments
The Main Apartments + Lofts
Modera Redmond
The Pop

Multi-Family Residential Urban Development of the Year: More than 100 Units
Jackson Apartments
Koz at the Dome 

Office Development of the Year
2+U
333 Dexter
Cedar Speedster

Office Interior of the Year
F5 Headquarters
Digital Streaming Firm
EY Seattle
Highspot Seattle Headquarters
Hudson Pacific Regional Corporate Office

Redevelopment/Renovation of the Year
BMW of Bellevue
Columbia Center Sky Lobby
DeLille Cellars Wine Production Facility & Corporate Headquarters
Lam's Seafood Asian Market - Tukwila
Pacific Place Repositioning
T-Mobile Headquarters - Building 2

Retail Development of the Year
Pioneer Crossing
Wilburton Village

Sustainable Development of the Year
Inspire at the Russell W. Young Building 
Watershed

NAIOP Washington State thanks its 2020 Night of the Stars Judges:
Jessica Clawson, Partner, McCullough Hill Leary, PS
Mark Dibble, Partner, DSC Capital
Travis Hale, Partner, Panattoni Development Company
Cleita Harvey, Managing Director, JLL
Kristin Jensen, Managing Director, Gensler
Warren Johnson, Director of Business Development, The Walsh Group 
Chris Rossman, Senior VP, Development Sourcing, The Wolff Company
John Savo, Partner, NBBJ
Derek Speck, Economic Development Director, City of Tukwila

Night of the Stars 2020 is sponsored by O’Keefe Development (Platinum Sponsor) and Puget Sound Business Journal (Media Sponsor). For a complete list of sponsors, visit our website.

About NAIOPWA Night of the Stars
NAIOPWA's Night of the Stars identifies outstanding real estate developments and activities in a variety of market types and the individuals who made the projects happen. The awards aim to honor the teams who build our landscape in this annual celebration of the industry. Each finalist project was evaluated for impact on the community, market adaptability, ingenuity and local contributions.

NAIOPWA Member Profile: John Pietromonaco, Pietromonaco Jackson Properties

John Pietromonaco of Pietromonaco Jackson Properties has been a NAIOP Washington member for a very long time – 32 years, to be exact – and has enjoyed a distinguished career as a developer in the Puget Sound area. After serving as president in 1999 and spending 20+ years involved heavily in NAIOPWA’s annual Community Enhancement (CE) projects, Pietromonaco is a wellspring of NAIOP memories and institutional knowledge.  

A lot has changed since he joined in 1988, between technological advancement and market fluctuations. John says that “real estate is more complicated [now] than it was in the 70s-80s,” but that ultimately, the industry is very reliant on community and connection. “The only way to get the info you need is through contacts… I even talk to people who are competitors (friendly competitors). It makes the job easier than being a lone wolf and doing it from scratch.” 

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Moved Online: April Sustainable Development Education Event

Closeup of mosses in a forest at left and text Energy Code Updates | Sustainable Development Breakfast April 2 7:30am at right

With target dates for code implementation changing quickly, this webinar is a must for NAIOPWA members. Our experts will cover the three new pieces of legislation upping the ante for energy efficiency throughout Washington state for both new construction and retrofits: the Seattle Energy Code, the Washington State Energy Code commercial section, and the state's new Energy Performance Standard for [Existing] Commercial Buildings.

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Winners of 2019 Night of the Stars Include MainStreet Property Group, Eastside Community Center and Georgetown Crossroads

John Torrance inducted to the NAIOP Washington State Hall of Fame in recognition of his visionary work and its impact on the industry and the Seattle community | Double honors laud Microsoft’s Building 121 + 122, which won Redevelopment/Renovation Project of the Year & People’s Choice 2019
 
SEATTLE – Announced on Friday, November 8, at the annual gala event, NAIOP Washington State’s 2019 Night of the Stars Awards highlight how the development community continues to find creative solutions to support the Puget Sound market. For 2019, new categories this year in particular acknowledge growth in multi-family and affordable housing development to serve the fast-growing population and to address housing needs for families at all income levels.
 
Each year, Night of the Stars also honors an individual whose outstanding contributions in the CRE industry have changed the field and the region we call home. Best known for conceiving and promoting the “StarDome” retractable roof stadium concept for the Mariners’ home field, John Torrance, Principal of J.R. Torrance Properties, is this year’s honoree and the newest member of the Hall of Fame. In addition to the development of T-Mobile Park (then Safeco Field), Torrance has been involved in dozens of significant projects over the years, including Microsoft Headquarters, Washington Park Tower, and Insignia Towers, and helped create and build the company now known as CBRE. Click here to watch a video interview with John Torrance
 
Finally, each year, our judges recognize projects that make a special impact with the Judges’ Innovation Awards. These honors go to projects that stand out for criteria not strictly required for their category. They are projects make a strong impression on the judges, often transcending categorization. This year, the Judges’ Innovation Award for Regional Impact honors Propeller Airports Paine Field Passenger Terminal, which is enhancing traveler experiences at Paine Field as well as alleviating congestion at Sea-Tac Airport. And the Judges’ Impact Award for Innovation went to 621 Woodland Square Loop SE. The judges appreciated the risks undertaken to revitalize and redevelop a former utility office building into a Class A campus in Lacey, especially in consideration of the potential long-term positive impact on the city.
 
NAIOP Washington State congratulations all nominees, finalists and winners of the 2019 Night of the Stars for achieving tremendous success this year. The association also offers appreciation for the dozens of commercial real estate professionals and firms that participate as sponsors, judges, volunteers, and committee members to make NAIOPWA’s Night of the Stars awards and gala possible each year. Thank you.
 
Visit the Night of the Stars 2019 Project Gallery for project information and photos.
 
Night of the Stars 2019 Winners

Special Honors















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2019 NAIOPWA Change Makers for a Better Future [Event Recap]

banner with rooftop and text Change Makers

NAIOPWA’s Sustainable Development Committee held its fourth annual Change Makers event on June 27, 2019. The event brings together voices from a diverse group of local change-making organizations making social, environmental, and economic impacts, and establishing Seattle as a leader in sustainable development and beyond. The goal was to pool our collective wisdom, challenge assumptions, reach across boundaries, and explore what's possible when everyone pulls in the same direction.

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Port Report: Seattle, Tacoma, Bremerton and Everett [June 2019 Breakfast Recap]

Port Report - June 2019 Breakfast Meeting Banner

Most of us know the ports in Washington as little industries within themselves, responsible for Washington’s link to international trade around the globe and the distribution infrastructure of our region. Ports also manage airports and public marinas, and support additional recreational opportunities via parks and open spaces. 

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Opportunity Zones [February 2019 Breakfast Recap]

Stack of three photos showing speakers, audience at February NAIOPWA breakfastWednesday’s meeting started with the passing of the gavel and official induction of Scott Mathews as the 2019 President of NAIOP Washington State. Scott is the Senior Director, Acquisitions & Residential Development, for Vulcan, Inc. Much gratitude was given to Tony Toppenberg of Turner Construction Company for his service this past year.

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Night of the Stars 2018 Winners Include The Spheres, Sanctuary Seattle, Arbora Court and the BLOCK Project

Night of the Stars 2018 Winners Include The Spheres, Sanctuary Seattle, Arbora Court and the BLOCK Project

Ada M. Healey inducted to the NAIOP Washington State Hall of Fame inductee in recognition of her contributions to the built environment of Seattle and the Puget Sound 

People’s Choice Award goes to Maritime Building Seismic Upgrade and Renovation

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The Ada Healey Playbook: How to Build a City [Hall of Fame 2018]

Night of the Stars 2018 Hall of Fame graphic - Ada Healey

Photo of Ada M. HealeyWith more than nine million square feet of real estate development to her name, Ada Healey’s name is synonymous not only with Seattle commercial real estate, but also with thoughtful, holistic development that carefully considers its community.

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The Future of Urban Industrial [July 2018 breakfast recap]

The future of urban industrialOn July 11, NAIOPWA held our monthly breakfast meeting at the Georgetown Ballroom to learn about the future of urban industrial and take a field trip to the nearby Prologis Georgetown Crossroads, the first multi-level distribution center of its type.

President Tony Toppenberg kicked off the meeting by thanking our breakfast sponsor, Sierra Construction, and our stellar group of annual sponsors. We sincerely thank them for their involvement.

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The Confluence of Real Estate Capital with Technology [June Breakfast Recap]

all speakersOn Wednesday, NAIOP WA State interacted with a panel from CrowdStreet, Inc., their sponsors Scanlan Kemper Bard and SMARTCAP, and Stoel Rives LLP about online real estate investment, which is experiencing exponential growth. The online investment market allows for a diversity in investment profiles, potentially higher gains, and an increase of available analytical data. Molly Moore, CMO from CrowdStreet, moderated the panel where they talked online investment and legal implications and regulations.

Mary P. Hull, a Partner at Stoel Rives LLP, gave a brief introduction on the legal landscape explaining whether it is legal to raise capital for commercial real estate online (yes), and going over the ins and outs of the Jobs Act 2012, Angel List of 2010, and general securities laws such as Rule 506(b) and 506(c).

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Emerging Markets in the Puget Sound Region [May Breakfast Recap]

three men hold an oversized checkOn Wednesday morning, we heard from Seattle’s neighboring cities that are emerging markets in our area (and don’t have a head tax!).

Before the program started, there was a recap on the Spring Property Tour and a Fred Hutchison representative gave their appreciation to everyone that came out earlier in the month. NAIOP WA State then presented a generous donation for $4,000 to the cancer research study organization.

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Battle of the Economists [March 2018 Breakfast Recap]

April breakfast panel A “battle royale” was held at the NAIOP Breakfast Meeting on March 21, also known as a lively and illuminating discussion with two premier economists from our area.

President Tony Toppenberg began the meeting by showing even more features from the NAIOP WA app. It really does have some great features including the presenters’ slides for each breakfast meeting, downloadable for one month after each event. New members were introduced and we heard the sad news that Sharlyn Turner of Peterson and Sullivan passed away.

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Real Estate Challenge 2018 Site Sponsor Announced!

NAIOP WA's Real Estate Challenge is an annual contest matching teams from real estate programs at Portland State University, the University of British Columbia and the University of Washington in a competition that focuses on a development/redevelopment project in the Puget Sound area. Teams are tasked with forming a proposed investment strategy based on the site sponsor’s needs.

NAIOP WA is pleased to announce the City of Tacoma as the site sponsor for this year’s Real Estate Challenge. The 0.56 acre property, located at 728 Market Street in downtown Tacoma, is zoned Downtown Commercial Core, providing teams with an opportunity to evaluate market-rate urban development consistent with Tacoma’s urban design guidelines.

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Tourism & Hospitality Trends & Forecast [December 2017 Breakfast Recap]

December panelists at eventNAIOP WA members and guests gathered last Wednesday morning to learn about tourism and hospitality in our region. Before the panel started, attendees were treated to a video montage from September’s Community Enhancement event at Farmer Frog, a sustainable, educational farm in Woodinville.

NAIOP Washington state outgoing president Kristin Jensen introduced the morning’s breakfast topic. The hospitality and tourism sector is growing in Seattle and the Puget Sound. The panel discussed the factors making that a reality, including exponential population growth, and what the 58 cranes dotting the Seattle skyline mean for the future of the industry.

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Congratulations 2017 Night of the Stars Winners!

Weyerhaeuser NOSPublixMicrosoft renovationNight of the Stars 2017 Winners Include Weyerhaeuser Headquarters, UW’s Global Innovation Exchange, Expedia’s 645 Elliot and the Marion West

Inaugural People’s Choice Award voted by the CRE community goes to Atlas Workbase

Douglas Howe is honored as 2017 Hall of Fame inductee in recognition of his contributions to the built environment of Seattle and the Puget Sound 

Visit the Night of the Stars 2017 gallery.

SEATTLE – Announced on Friday, November 3, at the annual gala, NAIOP Washington State’s 2017 Night of the Stars Awards highlight the Northwest’s highly competitive development environment. Seattle tops national crane counts and available land is scarce; tenants require sustainability, from salmon-safe buildings to indoor forests, and the community requires accommodations for increased housing and growing industry. The winners represent how the development community continues to find creative, sustainable solutions to fit the needs of the growing and maturing Puget Sound market.

Each year, NAIOP’s Night of the Stars identifies outstanding real estate developments and activities in a variety of market types and the individuals who conceived of, took risks, sponsored, supported and made the projects happen. The awards aim to honor entire teams, including all who contributed to the project’s success in this annual celebration of the industry. Projects are evaluated for impact on the community, market adaptability, ingenuity and local contributions. All nominations and winners are viewable via the new NAIOP WA app, which is designed to transform how the Northwest commercial real estate community networks.

In addition to nominated projects, each year, an individual who has made outstanding contributions to the industry is selected for induction into the NAIOP Washington State Hall of Fame. This year, Douglas Howe joins the ranks of the vaunted for his contributions to Seattle and the Northwest’s built environment, as well as to the NAIOP organization. As founder and Chief Executive Officer of Touchstone, Douglas built a reputation developing commercial office, biotechnology R & D, retail and hotel properties that make a positive impact on the built environment—whether restoring historical landmark structures or constructing award winning, architecturally distinctive new buildings. Currently, Douglas is Governor of the NAIOP Research Foundation; he served as Chairman of NAIOP in 2009 and as President of NAIOP Washington State in 2004. Read more about Douglas Howe.

Visit the Night of the Stars 2017 gallery.

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Innovations in Industrial Real Estate [September 2017 Breakfast Recap]

September breakfast headshotsNAIOP’s September 20 breakfast meeting convened in Southcenter near the epicenter of King County’s industrial area. This meeting on Innovation in Industrial Real Estate was sponsored by Centerpoint and Rushing. We sincerely thank them for their support.

President Kristin Jensen opened the meeting; our annual business meeting included election of our 2018 officers and ratification of the actions of the 2017 board.

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2017 Night of the Stars Finalists [Member News]

NAIOP WA Announces New App Featuring CRE’s Industry Best with 2017 Night of the Stars Finalists & Hall of Fame Inductee Douglas Howe

New for 2017: People’s Choice Award with Daily Voting Online | Douglas Howe to be honored as 2017 Hall of Fame inductee in recognition of his contributions to the built environment of Seattle and the Puget Sound and to NAIOP

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2017 Broker Forecast [April Breakfast Recap]

panel_headshotsIn a very highly attended event, the annual Broker’s Forecast was presented to our Breakfast attendees on April 26. The breakfast was sponsored by Rushing, LBA Realty, O’Keefe Development and Sellen Construction - we sincerely thank them for their continued support. President Kristin Jensen began the meeting and gave the assembly an update on new members and introduced Kris Beason who gave some background on Sellen. John Swanson from Umpqua Bank also made a short presentation. We heard about the Community Enhancement Project which will be on September 30 at Farmer Frog in Woodinville.

Rob Swartz, Senior VP of Kilroy Realty, moderated our panel and introduced our esteemed panelists:

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Economic Impact of Commercial Real Estate in Washington State [NAIOP News]

Report: Commercial Real Estate in Washington State Supported 43,130 Jobs and $6.3 Billion of GDP in 2016

SEATTLE – In late February, the NAIOP Research Foundation released the NAIOP Economic Impacts of Commercial Real Estate report (2017 Edition). The report is conducted for purposes of estimating the annual economic contribution of commercial real estate development to the U.S. economy. 

National highlights from the 2017 report include:

  • Commercial real estate development supported 6.3* million American jobs in 2016 (a measure of both new and existing jobs).
  • Commercial real estate development contributed $465 billion to the GDP* in 2016.
  • There were 410.1 million square feet of commercial real estate space built in 2016, with capacity to house 1.1 million new workers.

Locally, 2016 economic impacts in Washington State included: 

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