Colter Smith

Track record

The numbers first, then the deals behind them.

By the numbers

~$100Mclosed transaction volume
500,000+ SFindustrial space leased
4 countiesSalt Lake, Davis, Weber, Utah

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.

Deal notes

A few recent deals, told the way they happened. Tenant names are held back unless the tenant has okayed them. The numbers come straight from the closed files, and where a note says we, that means me and Derek Klopfer, who I run Salt Lake Warehouses with.

Seven leases in five months

Airport Business Center, Salt Lake City · Landlord representation · 2026

Building 1 at Airport Business Center is 67,582 SF, and when it came to us in December 2025, more than 38,000 SF of it sat empty. Rather than wait for one large user, we worked with ownership to demise the vacancy into 3,400 to 12,000 SF bays, the size band where airport-submarket demand lives.

Seven leases signed between April and July 2026, just over 40,000 SF across the park. Nearly every suite drew competing LOIs, so ownership picked on credit strength and held its face rates. Building 1 went from 44 percent occupied to 92 percent.

Carrying the deal to a second building

Broadbent Business Park to Redwood Business Park · Landlord representation, both parks · 2026

Two tenants were racing for one of our Broadbent Business Park bays in July 2026, and the tenant that lost the race was already deep in the file: TI terms negotiated, lease draft in hand. Instead of sending them back to the open market, we moved the whole package to a comparable bay at Redwood Business Park and carried their negotiated terms straight into the new LOI.

Two days from that LOI to lease paperwork and invoice. Less than three weeks after losing the first unit, they were done on the second.

Three LOIs at the same number

Multi-tenant contractor park, Salt Lake Valley · Landlord representation · 2025

In late 2025, a contractor bay at a multi-tenant park we lease drew three LOIs in thirty days, from a security company, a mechanical contractor, and a roofing outfit, all at effectively the same economics. Three unrelated tenants arriving at one number is the best pricing evidence a landlord can get; it means the ask sits where the market clears.

Ownership took the earliest offer, and the lease was signed and invoiced in December.

Accepted Wednesday, signed Friday

Roughly 25,000 SF industrial building, State Street corridor · 2026

A tenant took roughly 25,000 SF on the State Street corridor at full speed in July 2026: the landlord's response was accepted on a Wednesday, the lease went effective Thursday, and signatures wrapped Friday. Two days is not the normal cadence, and I don't promise it.

What made it possible was the boring work done early: an LOI that put the real issues on the table up front, numbers both sides could check, and a cooperating broker inside our own shop. When a tenant genuinely needs speed, that groundwork is the difference.

Your deal next

If you own industrial space that should be leasing faster, or you need a building and a broker who moves like this, start at Find space. It takes a minute and points you to the right door.

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