On July 1, NAIOP announced a new name for the organization: the Commercial Real Estate Development Association, or CREDA. According to CREDA, the new branding better communicates the broad scope of commercial real estate work members engage in, such as multifamily housing, retail destinations, logistics and fulfillment facilities, offices, mixed-use developments, data centers and more. 

“Commercial real estate development is about far more than buildings — it is about creating the places and infrastructure that allow communities and economies to thrive,” says Cheryl Lombard, president and CEO of CREDA Arizona. “Our new name reflects the breadth of that responsibility and the evolving role our industry plays in Arizona’s future. CREDA Arizona better represents who we are today and strengthens our ability to bring together leaders across sectors to advance responsible, long-term growth.” 

The association’s name may have changed, but its core mission remains the same, so CREDA Arizona members will enjoy all the same benefits and event programming. That said, the new moniker means that CREDA’s annual awards program will no longer be called Best of NAIOP — though it will continue to spotlight excellence across the state.  

To celebrate this new era for the association and honor its past achievements, learn more about the winners of 2026’s Best of NAIOP Awards inside this special AZRE supplement.