Vice President of Industrial Leasing & Sales
Colter Smith
In the business since 2020, licensed in Utah as a Sales Agent since June 22, 2021.
Industrial sales, leasing, and investments.
750,000+ SF closed with Derek Klopfer since 2020.
- 6
- Years in the Business
- Sales Agent
- Utah License
About
At CRES, Colter Smith brings a comprehensive understanding of commercial real estate transactions that delivers measurable results for his clients. Working in commercial real estate since 2020, he has successfully facilitated over $117 million in total transaction volume across the Salt Lake Valley and surrounding markets. Specializing in industrial sales and leasing, Colter has demonstrated particular expertise in managing transactions of all sizes. Alongside his partner Derek Klopfer, he has completed more than 750,000 square feet of sales and leases throughout Salt Lake, Davis, Utah, Weber, and Tooele Counties.
Colter's success stems from his unique ability to manage the entire transaction lifecycle, from initial property positioning through final execution. His approach combines sophisticated market analysis, strategic tenant targeting, skilled negotiations, and problem solving to create optimal outcomes for all parties involved.
Whether working with landlords to maximize property value or helping tenants find their ideal space, Colter leverages his deep understanding of market conditions and property dynamics to identify opportunities that others might miss.
Colter also works the industrial side through Salt Lake Warehouses, our industrial division.
Outside of commercial real estate, Colter is an avid runner, climber, canyoneer, cyclist, and backcountry skier, and spends most of his free time in Utah's mountains and canyons with friends and family.
Active listings
| Property | Type | Available | Rate or price | Submarket | Link |
|---|---|---|---|---|---|
| 1063 E 3300 South Millcreek, UT | Office | 900 - 4,000 SF | $18.00/SF/yr MG | Brickyard | Details → |
| 6095 South Fashion Blvd Murray, UT | Office | 766 - 3,425 RSF | $23.00/SF/yr FS | Fashion Place | Details → |
| Redwood Plaza Salt Lake City, UT | Retail | 5,470 SF | $16.00/SF/yr NNN | Redwood Corridor | Details → |
| 2324 South Redwood Road West Valley City, UT | Retail | 2,638 SF on 0.46 acres | $22.00/SF/yr NNN | Redwood Corridor | Details → |
| Broadbent Business Park warehouse Salt Lake City, UT | Industrial | 2,426 SF | $1.00/SF/mo NNN | Broadbent Business Park | Broadbent Business Park warehouse → saltlakewarehouses.com |
| Airport Business Center Salt Lake City, UT | Industrial | 5,194 SF | $0.90/SF/mo NNN | Airport / Northwest Salt Lake | Airport Business Center → saltlakewarehouses.com |
| Redwood Business Park West Valley City, UT | Industrial | Unit C-17/18: 3,200 SF; Unit B1: 1,600 SF | $1.05/SF/mo NNN | Redwood Business Park | Redwood Business Park → saltlakewarehouses.com |
| 5114 West 2400 South West Valley City, UT | Industrial | Approx. 950 SF office plus truck yard | $1.80/SF/mo MG | Mountain View Corridor | 5114 West 2400 South → saltlakewarehouses.com |
| Sandy Industrial Park Sandy, UT | Industrial | 1,200 SF per unit | $1.50/SF/mo NNN | Sandy Parkway | Sandy Industrial Park → saltlakewarehouses.com |
| Broadbent Retail and Office Salt Lake City, UT | Retail | 631 SF and 640 SF | $17.40/SF/yr MG | Broadbent Business Park | Details → |
| 8681 South 700 West Sandy, UT | Industrial | 8,400 SF | $1.20/SF/mo NNN | Sandy | 8681 South 700 West → saltlakewarehouses.com |
| 8679 South 700 West Sandy, UT | Industrial | 3,700 SF | $1.20/SF/mo NNN | Sandy | 8679 South 700 West → saltlakewarehouses.com |
| 8687 South 700 West Sandy, UT | Industrial | 11,374 SF | $1.00/SF/mo NNN | Sandy | 8687 South 700 West → saltlakewarehouses.com |
| 3385 West 3500 South West Valley City, UT | Industrial | 4,588 SF on 0.36 acres | $1,950,000 | West Valley | 3385 West 3500 South → saltlakewarehouses.com |
| 2875 West 12600 South Riverton, UT | Industrial | 3,733 SF on 0.57 acres | $4,420/month NNN | Southwest Valley | 2875 West 12600 South → saltlakewarehouses.com |
Full service and modified gross include operating expenses. NNN does not. Ask for the all in number before you compare two of these.
Selected transactions
| Quarter closed | Submarket | Property type | Size | Side | Specialist |
|---|---|---|---|---|---|
| Q3 2026 | Downtown | Industrial | 10,000 to 25,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q3 2026 | Airport | Industrial | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q3 2026 | Airport | Industrial | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q3 2026 | Sandy | Flex | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | Airport | Industrial | 5,000 to 10,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | Airport | Industrial | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | Airport | Industrial | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | South Valley | Flex | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | South Valley | Industrial | Under 2,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | California Avenue | Flex | Under 2,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | South Valley | Industrial | 2,000 to 5,000 SF | Landlord side | Derek Klopfer, Colter Smith |
| Q2 2026 | South Valley | Industrial | Under 2,000 SF | Landlord side | Derek Klopfer, Colter Smith |
Selected closings Colter Smith worked, January 2025 through July 2026. Size ranges rather than exact square footage, and no tenant or pricing detail, per our disclosure policy. Source: our own closed deal record, as of July 31, 2026.
Coverage
| Property types | Industrial and flex, with some office and retail |
|---|---|
| Counties | Salt Lake CountyDavis CountyUtah CountyWeber CountyTooele CountyNot covered: Summit County |
| Submarkets | Airport, West Valley, South Salt Lake, Sandy |
| Typical deal size | 1,000 to 50,000 SF |
| License type | Sales Agent |
