On August 6th, Cushman & Wakefield Boston had the pleasure of attending the Boston Real Estate Times 2019 Excellence Awards Ceremony to receive our award for Commercial Brokerage Firm of the Year at The Westin Waltham Boston.
We were honored with the recognition and proud to be surrounded by some of the region’s best leaders and change-makers in the commercial real estate industry. The Boston Real Estate Times had over 500 nominations this year for categories such as Person of the Year (Bill McQuillan), Lifetime Achievement Award (Bill McCall) Sustainability & Green Design (Jacob Knowles), Real Estate Finance Leader (Riaz Cassum, with John Fowler accepting the award), and Organization of the Year (Sara Cassidy, Tamara Small, Reesa Fischer, NAIOP) to name a few.
Our award was accepted by Carolyn Sidor, Managing Principal of Cushman & Wakefield, who cited the following foundational elements of its business – caring people, a robust platform and passion: passion to deliver a memorable experience to clients, passion to work hard and be excellent, and passion for diversity of perspective, where ideas are welcomed from all.
One of the biggest themes of this year’s event? Progress. The commercial real estate industry has vastly changed over the last few years, and this year’s winners represented that. Almost half of all winners were women – a trend that is leading the industry to include a bigger emphasis on diversity and inclusion. As Carolyn mentioned, we are proud to be part of this progress at Cushman & Wakefield. Many other winners shared that this trend is growing significantly in their offices, the CRE industry and beyond as well.
Inclusion was not the only trend moving the industry in the right direction – sustainability was also a hot topic. Jacob Knowles of BR+A Consulting Engineers noted that the amount of fossil fuels being used for development projects all over the city has greatly lowered over the past few years.
The last theme amongst the leaders in the CRE world was the way to grow the industry. Bill McQuillan, Founding Principal of Boylston Properties, noted a New York Times article themed around development – and how sometimes cities shy away from development, when in reality it is creating progress in all American cities. For Boston – technology and life sciences are fueling this development growth. Boston was recently named the ninth likeliest city globally to become the leading technology innovation hub outside of Silicon Valley over the next four years by KPMG; as more and more companies come to Boston and its established base of technology accelerators and successful startups, the need for CRE will increase substantially.
We are grateful to Boston Real Estate Times for this recognition. And a big congratulations to all the other winners!