CRES Utah Services

Industrial Real Estate Broker in Salt Lake City

Industrial and Flex. Nothing Else.

I'm Colter Smith, industrial leasing and sales broker at CRES Utah. Derek Klopfer and I lease and sell warehouse and flex space across the Salt Lake Valley, and that is the whole practice. No office towers, no retail pads, no multifamily.

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What You Get

  • A broker who works Salt Lake industrial and flex deals every day, in the market rather than behind a desk
  • Direct access to the two brokers doing the work, Colter Smith and Derek Klopfer
  • A current read on live inventory and asking rates across 16 submarkets
  • LOI and lease negotiation on your side of the table, owner or tenant

Who We Are

CRES Utah is an industrial and flex specialist shop covering the Salt Lake Valley. I've been leasing and selling industrial here for nearly six years; Derek has been at it for over a decade. Between us that is 20+ years of combined experience and 500,000+ SF leased, on deals running from $200K warehouse condos to $10M+ industrial parks.

Our core lane is the 5,000 to 25,000 SF band. The institutional brokerages are built around big-box distribution assignments and tend to ignore this range, and the co-warehousing operators can't serve a business that needs its own dock, its own power, and its own front door. That middle band is where we live. If you need a 12,000 SF dock-high space in West Valley or you own a six-unit flex building in Sandy, this is the work we do every day.

What a Broker Does for a Tenant

If you're leasing space, my job is to compress your search and protect you in the lease. You give me the size, clear height, power, and door configuration you need, and I build the tour list from what is actually on the market today. I keep a current read on all 16 Salt Lake Valley submarkets and the live inventory, including spaces that never make it to the big listing platforms.

From tour to keys, I schedule the showings, pressure-test asking rates against real comps, and negotiate the LOI and lease on your side of the table. In the standard Salt Lake industrial deal structure the owner pays the commission, so tenant representation typically costs you nothing out of pocket.

What a Broker Does for an Owner

Owner work runs deeper, and it is where our service pages go into detail. We price your space with a rent analysis built on closed comps, position and market it with professional photography and direct broker outreach, screen every operator who applies, and run the negotiation from LOI through executed lease with full leasing representation.

The lifecycle continues after move-in. We handle renewal negotiations when the term comes up, and when you're ready to exit, our sales advisory team runs the disposition. If a sale is already on your mind, start at sell your property.

Why a Specialist Beats a Generalist

A generalist splits the week across office, retail, and industrial. An aggregator site gives you a search box with a lead form attached. You can judge our alternative directly on this site: we exclusively represent four industrial parks in the valley, Broadbent Business Park, Airport Business Center, Sandy Industrial Park, and Redwood Business Park. Our available-space page carries the live inventory, updated as deals sign. And we've written a broker's guide to each of the 16 submarkets, from the Airport corridor down to Sandy.

You don't have to take my word for any of this. The parks, the listings, and the submarket guides are all on this site. Look them over, then give me a call and tell me what you're trying to do.

Frequently Asked Questions

Leasing representation, sales advisory, property marketing, rent analysis and pricing, lease renewal negotiation, and tenant screening, all for industrial and flex property. We work the Salt Lake Valley's 16 submarkets day to day, with coverage into Davis, Weber, and Utah County when a deal calls for it.
Both. Owners hire us to price, lease, and sell industrial buildings. Tenants hire us to find space and negotiate the lease. Either way you get the same market read, because it comes from the same daily deal flow.
For tenants, typically nothing out of pocket: in the standard Salt Lake industrial deal structure, the property owner pays the commission. For owners, commission is negotiated per assignment with no upfront fees. We get paid when your space leases or your building sells.
Priced right, listings typically see first offers within 30 to 60 days of going live. The pricing and positioning work up front is what determines which end of that range you land on, which is why every assignment starts with a comp-based rent analysis.
We focus on the 5,000 to 25,000 SF band, and deal sizes run from $200K warehouse condos to $10M+ industrial parks. If your requirement or building falls outside that range, call anyway. If we are not the right fit, we will point you to someone who is.

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Property Owners

Get a straight answer on what your building should lease or sell for.

Sell or Lease Your Property

Tenants

Tell us what you need and we'll build the tour list.

Browse Available Space

Or skip the forms. Call me at (801) 755-8794 or send a note through the contact page. We answer.

Talk to a Specialist

Tell us whether you own space or need it. We respond within one business day.

No commitment required. We respond within 1 business day.