Colter Smith
Vice President, Industrial Leasing & Sales · CRES Utah
Small-bay industrial and flex space · Salt Lake Valley
What I do
I lease and sell industrial and flex space in the Salt Lake Valley, mostly 1,000 to 50,000 SF, for landlords, owner-users, and investors across Salt Lake, Davis, Weber, and Utah counties. The small-bay end of the market is my home turf. If the deal is a 2,400 SF contractor bay or a 20,000 SF distribution building, I've probably toured, priced, or closed one like it this quarter.
My week is the market: pricing spaces off closed comps, walking tenants through buildings, writing LOIs, and pushing deals from tour to keys. When I give you a number, it came from a transaction, not a report.
If you're looking for space right now, skip the reading. The Find space page sorts your requirement and points you to the right door in one step.
Find spaceTrack record
Utah Real Estate License #12359735-SA00, issued June 2021. Verify at the Utah Division of Real Estate license lookup. CRES Utah (CRE Specialists, LLC), company license #10426004-CN00.
Those are the summary numbers. The deals behind them are better reading: seven leases signed in five months at one airport-submarket park, a lease signed two days after the landlord's response went out. The stories are on the Track record page.
Track recordHow I work
I run ultramarathons, and right now that means training for the Pony Express 100. Most mornings start with miles before the phone wakes up, on a plan, whether I feel like it or not. Deals reward the same habit. The follow-up goes out the day I said it would, and the file keeps moving at mile 70 when everyone else's attention has wandered.
Utah is a non-disclosure state, so sale prices never hit the public record, and most numbers you'll hear quoted are somebody's average of somebody else's guess. I got tired of that and built my own comp database, sale and lease comps from closed Salt Lake Valley deals, verified and logged as they close. When I price your building, I can show you the specific transactions behind the number.
Want a number on your building? The free broker opinion of value at Salt Lake Warehouses runs off those same comps.
For you, that adds up to a fast answer and a real one. Same-business-day responses, numbers with the reasoning attached, and a straight no when no is the honest answer. Send me an address and you'll see it firsthand.
My work in the market
- Current industrial listings at Salt Lake Warehouses, the CRES Utah industrial brand I run with Derek Klopfer
- Submarket guides to the Salt Lake Valley's 16 industrial submarkets, written from our own deal flow
- Current warehouse rates by size band, updated monthly from live listings
- Market reports and deal notes
- Media & mentions, what we publish and what I can speak to as a source
Questions
Who I am, what I cover, whether I'm licensed, what warehouse space costs in Salt Lake right now. The short answers live on one page, dated where it matters so you know they're current.
Read the FAQContact
Tell me what you own or what you need and I'll give you the straight read.