NAIOP Names Vulcan the North American Developer of the Year

NAIOP Names Vulcan the North American Developer of the Year
News| May 30, 2025| Jasmine Kilman
Seattle & Northwest + Apartment Buildings

NAIOP, the Commercial Real Estate Development Association, has selected Seattle-based Vulcan Real Estate as its 2025 Developer of the Year – the association’s highest honor.

“It’s an incredible honor to be named NAIOP’s Developer of the Year,” said Ada Healey, Chief Real Estate Officer at Vulcan Real Estate. “We’re proud of the role we’ve played in helping shape the future of the Pacific Northwest and grateful to NAIOP for celebrating our commitment to building places where innovation and community thrive.”

This is the second time Vulcan has been honored with NAIOP’s prestigious Developer of the Year award, testament to its ongoing commitment to creating value for all stakeholders throughout the region. Since its founding in 2001, Vulcan Real Estate has invested $6.7 billion to develop more than 10 million square feet of commercial space and over 4,200 residential units.

Vulcan’s projects in the area include Amazon’s Seattle headquarters in South Lake Union, the University of Washington School of Medicine, and Google’s Seattle relocation and expansion.

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