SEATTLE, June 28, 2016 /PRNewswire-USNewswire/ -- NAIOP, the Commercial Real Estate Development Association, has selected Touchstone as the 2016 Developer of the Year – the association's highest honor.
Headquartered in Seattle, Touchstone is a leader in the commercial real estate industry for designing and building high-performance, sustainable buildings. The company is largely focused on development of urban infill projects, including commercial office, technology, biotechnology R&D buildings and business hotels.
In the last decade, Touchstone has broken ground on 12 projects comprising nearly 3 million square feet. It is currently developing 2 million square feet of real estate in the greater Seattle area – primarily projects that the company lined up during the last downturn when many market participants had been sidelined.
"Touchstone has a long-standing commitment to the Seattle market, so we work hard all the time to make the Seattle region stronger. We try to build a more delightful city in every way, because we will inherit that city in the next round and the next one after that," says Touchstone President A-P Hurd.
All Touchstone buildings are qualified as LEED Silver certified or better, and most are LEED Gold certified. The company worked with the U.S. Green Building Council to develop the pilot "Shell and Core" designation and is advancing the art of reusing and incorporating older urban buildings in new construction.
Touchstone's commitment to Seattle and the Puget Sound region has helped form ongoing relationships that transcend individual transactions, deals or projects, and earned the company a stellar reputation for innovative, high-value solutions that have a long-term, community-based orientation.
The company energetically advocates for policies that will help the region and state be sustainable and competitive. This holistic approach distinguishes Touchstone as a leader and vested partner in Seattle's long-term urban progress and evolution.
In 2014, Touchstone was acquired by Seattle's Urban Renaissance Group, backed by the venerable Seattle investment company Joshua Green Corporation.
"Touchstone is a proven leader in commercial real estate, and the company's impressive portfolio and commitment to sustainability is a testament to their enthusiasm for building better spaces to live, work and play," said Thomas J. Bisacquino, NAIOP president and CEO.
The 2016 Developer of the Year award will be presented on Wednesday, September 28, at NAIOP's Commercial Real Estate Conference in Scottsdale, Arizona.
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