financial economic Touchstone NAIOP 2016 Developer of the Year commercial real estate A-P Hurd development urban-infill office technology biotechnology R&D hotels In the last decade, Touchstone has broken ground on 12 projects comprising nearly 3 million square feet. The company is currently developing 2 million square feet of real estate in the greater Seattle area—primarily projects that Touchstone lined up during the last downturn when many market participants had been sidelined. We spoke exclusively with Hurd about the company, this award and challenges and opportunities for developers in the Seattle market. GlobeSt.com: What traits do you believe led your firm to be named NAIOP's developer of the year? Hurd: GlobeSt.com: What are the biggest challenges to developers in the Seattle market in particular? Hurd: capital GlobeSt.com: What untapped opportunities are there in this market? Hurd: Sound Transit 3 land use GlobeSt.com: What else should our readers know about developers today? Hurd: The 2016 Developer of the Year award will be presented on Wednesday, September 28, at NAIOP's Commercial Real Estate Conference in Scottsdale, Arizona. Touchstone was selected and evaluated by a team of developers on the following criteria: outstanding quality of projects and services; active support of the industry through NAIOP; financial consistency and stability; ability to adapt to market conditions; and support of the local community. Since 1979, the Developer of the Year award has been presented to a development company that best exemplifies leadership and innovation. Past recipients include Majestic Realty Co., Brandywine Realty Trust, Vulcan Real Estate, The JBG Companies and CenterPoint Properties. financial economic Touchstone NAIOP 2016 Developer of the Year commercial real estate A-P Hurd development urban-infill office technology biotechnology R&D hotels In the last decade, Touchstone has broken ground on 12 projects comprising nearly 3 million square feet. The company is currently developing 2 million square feet of real estate in the greater Seattle area—primarily projects that Touchstone lined up during the last downturn when many market participants had been sidelined. We spoke exclusively with Hurd about the company, this award and challenges and opportunities for developers in the Seattle market. GlobeSt.com: What traits do you believe led your firm to be named NAIOP's developer of the year? Hurd: GlobeSt.com: What are the biggest challenges to developers in the Seattle market in particular? Hurd: capital GlobeSt.com: What untapped opportunities are there in this market? Hurd: Sound Transit 3 land use GlobeSt.com: What else should our readers know about developers today? Hurd: The 2016 Developer of the Year award will be presented on Wednesday, September 28, at NAIOP's Commercial Real Estate Conference in Scottsdale, Arizona. Touchstone was selected and evaluated by a team of developers on the following criteria: outstanding quality of projects and services; active support of the industry through NAIOP; financial consistency and stability; ability to adapt to market conditions; and support of the local community. Since 1979, the Developer of the Year award has been presented to a development company that best exemplifies leadership and innovation. Past recipients include Majestic Realty Co., Brandywine Realty Trust, Vulcan Real Estate, The JBG Companies and CenterPoint Properties.NOT FOR REPRINT
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