REX Submissions

The NAIOP Calgary REX Awards competition is a recognition program that celebrates the achievements of the office, industrial, retail and mixed-use real estate industrial in the Greater Calgary Area.  The awards criteria focus on results (quality and performance), skills (teamwork, collaboration, innovation and creativity and values (community and environmental awareness)

Finalists will be announced October 26, 2017, winners will be announced live at the awards dinner November 22, 2017.

Read about the awards criteria and judging process in the Submissions Information Brochure.

PLEASE NOTE: Submission period ends Friday, October 6, 2017.

The following is a summary of each award:

The Office Lease of the Year Award is open to lease transactions on which an unconditional, binding agreement was reached during the Eligibility Period, January 1, 2015 to December 31, 2016. New leases and renewals are both eligible. The lease must be for a minimum of 20,000 square feet.

Please download the Office Lease of the Year Award application form

The Office Development of the Year Award is open to development and re-development projects that have been completed or substantially completed during the Eligibility Period, January 1, 2015 to December 31, 2016. A minimum of 50% of the gross leasable area in the project must be for conventional office use and eligible projects must be at least 50% leased (unconditional) by the submission date. If a project was completed prior to the commencement of the Eligibility Period but did not meet the leasing threshold until the Eligibility Period, it is eligible and should be submitted. The development or redevelopment cost of the project including land, hard and soft costs must be at least $10,000,000. Projects in which the owner occupies space are eligible for the Award, provided that a minimum of 50% of the leasable area of the Project is leased or available for lease by third parties.

Please download the Office Development of the Year Award application form

The Industrial Lease of the Year Award is open to lease transactions on which an unconditional, binding agreement was reached during the Eligibility Period: January 1, 2015 to December 31, 2016. New leases and renewals are both eligible. The lease must be for a minimum of 50,000 square feet.

Please download the Industrial Lease of the Year Award application form

The Industrial Development of the Year Award is open to both development and re-development projects that have been completed or substantially completed during the Eligibility Period, January1, 2015 to December 31, 2016. If a project was completed prior to the commencement of the Eligibility Period but did not meet the leasing threshold until the Eligibility Period, it is eligible and should be submitted. Projects in which the owner occupies space are eligible for the Award.  The development must be 50% leased (unconditional or occupied) by the submission date and the development costs must be at least $10,000,000 (including land, hard and soft costs).

Please download the Industrial Development of the Year Award application form

The Retail / Mixed Use Development of the Year Award is open to development and re-development projects that have been completed or substantially completed during the Eligibility Period: January 1, 2015 to December 31, 2016. A retail / mixed use development is considered a building or a complex of buildings, which is entirely retail in nature or retail as well as office, residential, cultural or institutional uses whose functions are physically integrated. A minimum of 20% of the GLA in the project must be for retail, and eligible projects must be at least 50% unconditionally leased or sold by the submission date.  If a project was completed prior to the commencement of the Eligibility Period but did not meet the leasing threshold until the Eligibility Period, it is eligible and should be submitted. The development or redevelopment cost of the project including land, hard and soft costs must be at least $10,000,000. Projects in which the owner occupies space are eligible for the Award, provided that a minimum of 50% of the leasable area of the Project is leased or available for lease by third parties.

Please download the Retail / Mixed Use Development of the Year Award application form

The Investment Deal of the Year Award is open to investment transactions closed during the Eligibility Period, January 1, 2015 to December 31, 2016. If it is a single property transaction, the property must be located within Calgary and Region and must be used for office, industrial or retail / mixed use purposes. If it is a portfolio transaction, a material component of the properties portfolio must be located within Calgary and Region. The value of the transaction must be a minimum of $20,000,000 in order to be eligible. Projects or portfolios in which the purchaser occupies space (or intends on occupying space) are eligible for the Award, provided that a minimum of 50% of the leasable area is leased or available for lease by third parties.

Please download the Investment Deal of the Year Award application form

NAIOP’s Developing Leader Award is given to young professionals 35 years of age or under, who have distinguished themselves in their professions and show great promise as future leaders of the commercial real estate industry. One or more awards may be available in any given year. Finalists in this category will be selected by a panel of current Directors of NAIOP Calgary Chapter.

Please download the Developing Leader of the Year Award application form

The REX Awards are the most prestigious standards of achievement within the office, industrial and mixed-use real estate industry. The Lifetime Achievement Award is one of the individual honorary REX Awards presented annually by the Board of Directors of NAIOP Calgary Chapter. The Lifetime Achievement Award is given each year to a member of the Calgary commercial real estate industry to recognize the outstanding contributions and achievements throughout his/her career.