Peter Sharpe and Stephen Taylor will receive major honours when the 13th annual NAIOP Real Estate Excellence (REX) Awards are handed out on April 9.
Sharpe, the former president and CEO of Cadillac Fairview Corporation, will receive the Lifetime Achievement Award. Taylor, president of Morguard Investments, is tapped for the Community Service Award.
Matt Picken, president of NAIOP Great Toronto Chapter and a partner at Brookfield Financial, said it’s hard to match the wealth of achievement and experience Sharpe and Taylor demonstrate.
“Not only leaders in the industry”
“They are not only leaders in the industry, but they make tremendous contributions to their communities and we are pleased to recognize their great contributions,” Picken said in a statement.
Under Shape’s 11-year leadership as CEO, Cadillac Fairview expanded from Canada and the United States to the U.K. and Brazil. During his tenure with the company, it grew from $6 billion in assets to over $20 billion.
Today, the company’s portfolio is valued at more than $23 billion. The company and its affiliates own and manage nearly 44 million square feet and 75 properties across North America. They include such landmark developments as Toronto-Dominion Centre, Toronto Eaton Centre, Pacific Centre and Chinook Centre.
Sharpe also served as the global chairman of the International Council of Shopping Centres and, in 2012, received the BOMA Canada Chairman’s Award for 40 years of service, expertise and leadership. He continues to serve on a number of boards, including First Industrial Realty Trust, Postmedia Network, Morguard Corporation, Allied Properties and Cliffton Blake Group.
Taylor is the director of the National Association of Real Estate Investment Managers (NAREIM) and board chair of the Real Property Association of Canada (REALpac).
He is also a passionate advocate for the welfare of many of the country’s most vulnerable young people. For many years he has served on the boards of directors of Covenant House Toronto and the Catholic Children’s Aid Society of Toronto, where he is currently board chair.
Best of the Year to be feted
Along with Sharpe and Taylor, the Metro Toronto Convention Centre gala will recognize Best of the Year teams in seven categories and a developing leader (35 years of age and younger).
Some of the other nominees include The Globe and Mail Centre for Office Lease of the Year; Race to Reduce for Green Award of the Year; and Sun Life Financial Centre as Investment Deal of the Year.
The Industrial Lease of the Year finalist is Unilever Distribution Centre, while 7100 West Credit – a LEED Silver-certified building in Mississauga – is the finalist in the Office Development of the Year category.
The final category in contention is Industrial Development of the Year, with a shortlist of three projects: Red Hill Business Park; Maple Leaf Foods Distribution Plant; and Serta Design-Build.
The Rex Awards describes itself as the “premier event for the office, industrial and mixed-use real estate industry in the GTA.”