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16 local companies win awards from NAIOP Md.

NAIOP Maryland honored 16 companies and seven individuals Thursday night before a crowd of more than 300 real estate and development types during its Awards of Excellence program at the Hyatt Regency Baltimore. Honors were given out in 34 categories for excellence in the design, development, marketing and leasing of commercial office buildings and retail projects in the metropolitan area. Local developer Mark Sapperstein won “most creative transaction” honors for the new McHenry Row development in Locust Point, which stalled because of the recession and was brought back to life through creative public and private financing. The retiring CEO of Corporate Office Properties Trust, Randall M. Griffin, was given a lifetime achievement award. The late Fred Glassberg, founder of Crystal Hill Investments, was posthumously honored with the Distinguished Merit Award. For those keeping score, St. John Properties, Inc. took home the most awards of the night with six, followed by Corporate Office Properties Trust, with five. “The NAIOP Awards of Excellence Program is a biannual celebration and recognition of the innovative achievements of regional commercial real estate developers, as well as the companies and individuals that service our industry in the Maryland region,” said Dianna Wilhelm, president of NAIOP Maryland. “Each winner represents a compelling example of how a unique challenge was overcome to realize a result that was economically, environmentally and aesthetically feasible. In recent years, a higher percentage of our award categories have honored projects that satisfy Leadership in Energy and Environmental Design standards, to reflect the significant shift in our industry to develop environmentally friendly projects,” she added.

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