Breakthrough Awards Breakfast
Celebrating the Year’s Top Innovations, Developments, Transactions & Leaders
Commercial Observer’s 2026 Breakthrough Awards will recognize the teams, deals, developments, and executives across asset classes and verticals who have succeeded despite economic and urban challenges. Awards will be presented to the winning team at the Breakthrough Awards Breakfast on December 2nd in NYC.
Deadline for Nominations: July 10, 2026
*Eligible nominations are for projects and transactions completed in the past 12 months (May 2025- Present).
CATEGORIES
INVESTMENT & TRANSACTION AWARDS
Retail Transaction of the Year
Recognizing a breakthrough commercial real estate transaction involving retail properties, such as shopping centers, malls, or individual retail assets, this award considers factors such as creative marketing strategies, tenant recruitment, sales performance, market impact, and innovation.
Multifamily Transaction of the Year
Highlighting an outstanding transaction in the multifamily sector, considering factors such as deal size, unit/rental price, occupancy rates, market impact, and innovation.
Industrial Transaction of the Year
Honoring an exceptional commercial real estate transaction involving industrial properties, such as warehouses, logistics centers, or manufacturing facilities, considering factors such as deal size, tenant profile, market impact, and innovation.
Healthcare/Life Sciences Transaction of the Year
Recognizing an exceptional commercial real estate transaction involving healthcare and/or life science-focused properties, including hospital complexes, medical, extended care, speciality care, laboratory, medical and/or life science office and campus, R&D, and biotech spaces, considering factors such as deal size, creative deal packaging, partnerships, market impact, and innovation.
Residential/Condo Transaction of the Year
Highlighting an outstanding transaction in the residential/ condo sector, considering factors such as deal size, unit/rental price, occupancy rates, market impact, and innovation.
DEVELOPMENT AWARDS
Sustainability Program of the Year
Sheds light on a commercial real estate transactions that demonstrate outstanding commitment to sustainability, energy efficiency, green building practices, and environmental responsibility.
Public-Private Partnership of the Year
Recognizing an exemplary collaboration between public and private entities that has resulted in a transformative, world-class space delivered by the teams reflecting the market’s rich diversity and expertise.
Adaptive Reuse Project of the Year
Celebrating a project aimed to repurpose a building that is designed to, or has resulted in a positive impact for the greater real estate community.
Design & Development Deal of the Year
This award shines a spotlight on the year’s most remarkable commercial real estate development project that exhibits excellence in design, construction, planning, sustainability, and economic impact.
INNOVATION AWARDS
Tech Advance of the Year
Celebrating a team that has created a cutting-edge technology to empower and advance the real estate industry.
Innovation in Office
Recognizing a commercial real estate project that has set new standards in office design, functionality, or tenant engagement.
Innovation in Retail
Honoring a commercial real estate project that has revolutionized the retail experience.
Innovation in Residential/ Condo
Celebrating a residential real estate project that has introduced innovative solutions to meet the needs of modern living.
Innovation in Multifamily
Celebrating a multifamily real estate project that has introduced innovative solutions to meet the needs of modern living.
Innovation in Industrial
Awarded to an industrial real estate project that has demonstrated significant innovation in design, logistics, or operational efficiency.
TEAM & LEADERSHIP AWARDS
Law Firm of the Year
Awarded to a law firm within the real estate industry that has exemplified best-in-class leadership, expertise and services.
Top CRE Financier of the Year (Banks)
Recognizing a team that demonstrated unmatched adeptness, skillfulness and an innovative approach to navigating inflation, rising interest rates and what has been an especially difficult year for the industry.
Top CRE Financier of the Year (Non-Banks)
Honoring a non-bank financial institution that refused to sit back on the sidelines and instead remained one of the most active firms in the industry.
Marketing Team of the Year
This category honors a team that has advanced their firm’s corporate brand positioning and/or portfolio marketing through innovative and creative campaigns
Architectural Team of the Year
Recognizes an exceptional architectural team that demonstrates design excellence, technical innovation, and strategic vision in delivering modern and best-in-class projects.
About the Starrett Lehigh Building:
Starrett-Lehigh, a 2.3 million-square-foot workplace destination, is home to influential companies across fashion, entertainment, media, architecture, design, and technology. As an anchor of Manhattan’s West Side for nearly 100 years, the building serves as the professional and cultural hub at the center of the Meatpacking District’s retail and lifestyle growth, the commercial expansion of Hudson Yards, and the residential development in Chelsea and the surrounding neighborhoods.
The office campus is designed for innovative businesses looking to thrive in a global marketplace. A recent $150 million capital investment has transformed the property into a hub of modern convenience, featuring 100,000 square feet of premier amenities including the 601 Athletic Club, flexible amenity bays, and Level Ten with its two-story rooftop terrace. It also features diverse dining options including: Hav & Mar, the seasonal seafood house from acclaimed chef and restaurateur Marcus Samuelsson, The Yacht Club, the waterfront destination within Level Ten known for its elevated seafood-driven menu and sweeping Hudson River views and Olly Olly, the building’s food market.


Host Sponsor

RXR is an innovative real estate investment manager, operator, developer, and place-maker committed to applying a customer and community-centered approach to acquiring, operating, and building properties and to providing services and products that create enduring value for all stakeholders. Headquartered in New York with a nationally-scaled platform, RXR is an approximately 450 person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies. The RXR platform manages 108 commercial real estate properties and investments with an aggregate gross asset value of approximately $16.4 billion, comprising approximately 30.9 million square feet of commercial properties, a multi-family residential portfolio of approximately 9,400 units under operation or development, and control of development rights for an additional approximately 3,000 multi-family and for sale units as of September 30, 2025. Gross asset value compiled by RXR in accordance with company fair value measurement policy and is comprised of capital invested by RXR and its partners, as well as leverage.
Sponsors

Keller Augusta is a national, full-service boutique executive search and advisory firm specializing in commercial real estate with offices in Boston, Dallas, New York, and South Florida. Highly sought for our ability to align clients and candidates with job opportunities within all CRE industry disciplines, we provide a 360 approach to recruitment and development management, including guidance for diverse and equitable hiring, compensation and benefit analysis, leadership development, organizational optimization, and succession planning.
For 25 years, our team has demonstrated success in delivering effective staffing solutions and consulting services from boutique real estate businesses to large institutions. With a deep understanding of national recruitment trends, we are well versed in the shifting dynamics of candidate identification and placement, providing exemplary search placements for entry level to senior management.

