Chris Reese | Colliers International | Phoenix

Chris Reese

Associate

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About

Professional Summary

As an associate with Colliers International in Arizona, I am a member of the top-producing team of Don MacWilliam and Payson MacWilliam. Our team specializes in industrial real estate sales and leasing in the Southwest Valley distribution market.

Services include tenant representation and agency listings from many major developers, such as CapRock Partners, Merit Partners, ProLogis, EastGroup Properties, First Industrial Realty Trust, Sun State Builders, Exeter Properties, Sun Life Assurance and Liberty Property Trust.

I work closely with clients to evaluate their short- and long-term objectives and align marketing strategies with their business goals to deliver results. My strong financial background enables me to calculate current and potential property values, prepare occupancy and operational cost analyses, and provide financial comparisons. My goal is to maximize the financial returns for our clients. Carefully guiding clients throughout the leasing, acquisition and disposition process, I ensure their best interests are represented throughout final transaction negotiations.

Clients and colleagues describe me as smart and analytical, with a disciplined and dedicated work ethic. My accountability, diligence, communication skills and creative problem-solving make me valued partner to our team and our clients.

During the past decade, our team has added more than 5 million square feet of user build-to-suits and more than 3 million square feet of speculative development product to the Southwest Valley distribution market. Our team has also increased the total distribution base by almost 10 percent in the past 10 years.

I have extensive experience in the mortgage and financial services industry. Prior to joining Colliers, I was a mortgage loan originator with Peoples Mortgage in Tempe. I worked with clients, underwriters and loan processors to select the correct mortgage product and complete mortgage loan processing and closings.

Previously I was a president’s club mortgage banker and solution consultant for Quicken Loans in Phoenix. In this role, I maintained the highest level of accuracy and due diligence during the loan approval process, leading to a top 10 percent loans closed rate. I consistently led the company in loans closed and conditionally approved loans.

At Quicken, I developed relationships with potential clients, educated them about the loan process, and provided constructive and timely solutions to build and maintain business. My success at Quicken Loans was demonstrated by promotions received in the fastest timeframe allotted. I was quickly promoted from an initial position as an untitled solution consultant to senior solution consultant, then to executive solution consultant, and finally president’s club mortgage banker and solution consultant.

Accomplishments

  • 2019 – #3 Top Team, Colliers | Arizona

Education

  • Bachelor of Science, Business Administration, Management & Marketing, Arkansas Tech University
  • Associate of Arts, Liberal Arts and Sciences, South Mountain Community College

Memberships & Involvements

  • NAIOP Developing Leaders, the Commercial Real Estate Development Association

Clients

  • CapRock Partners
  • Merit Partners
  • Prologis
  • EastGroup Properties
  • First Industrial Realty Trust
  • Sun State Builders
  • Exeter Properties
  • Sun Life Assurance
  • Liberty Property Trust

Services

Skills
Distribution, Warehouses
Service Lines
Landlord Representation, Tenant Representation
Property Types
Industrial

My Team

My Team

Featured Research
Jul 7, 2020
2020 Q2 Greater Phoenix Industrial Market Report
Greater Phoenix industrial net absorption ended Q2 up 2.7 MSF and 3.7 MSF year-to-date. Over-the-year vacancy increased only 70 bps to 7.7%. Under construction rose to 11.6 MSF. Asking rates increased nearly 4.2% over-the-year, reaching $0.58 PSF. The quarter closed with $320 million in sales volume.
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Apr 16, 2020
2020 Q1 Greater Phoenix Industrial Market Report
Greater Phoenix industrial net absorption peaked over 1 MSF in Q1 2020. Projects under construction increased 3.7 MSF from the end of 2019 to 14.3 MSF, while delivering 2.2 MSF this quarter. Sales volume reached $833 million during Q1. Vacancy rate remained low at 7.6 percent.
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Feb 11, 2020
2019 Q4 Greater Phoenix Industrial Market Report
Greater Phoenix industrial net absorption was 1.64 million square feet in Q4 and over 5 million square feet for all of 2019. Projects under construction increased to 10.5 million square feet, from Q2’s high of 8.9 million, with rents up 5.1 percent over-the-year to $0.59 per square foot.
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Featured News
Jul 13, 2020
Expanding online commerce drives industrial market growth
Colliers International reports the Greater Phoenix industrial real estate market remains healthy, despite business conditions during the pandemic. America’s growth in online purchasing is driving expanded demand for warehouse/distribution space.
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Jul 10, 2020
CapRock Partners buys industrial building in West Phoenix
CapRock Partners paid $11 million for a newly constructed 146,500-square-foot manufacturing/distribution facility at 4615 W. McDowell Road in Phoenix. The vacant building, developed by Sun State Builders, is expected to be leased quickly in a high-demand industrial market.
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Jul 7, 2020
Colliers International sells West Phoenix industrial building
Colliers International negotiated the sale of a 325,800-square-foot industrial building at 7400 W. Buckeye Road in Phoenix for $30.7 million. Cohen Asset Management of Los Angeles purchased the property from Kansas City Life Insurance Co. Don and Payson MacWilliam and Chris Reese of Colliers handled the sale.
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Jun 1, 2020
Colliers International sells $18 million industrial portfolio in Phoenix
A 10-building portfolio of Phoenix properties in the city’s original industrial core sold for $18 million or $50 PSF. Harrison Properties of Phoenix purchased the portfolio from Hibernia Capital Advisors, LLC. Don MacWilliam and Payson MacWilliam of Colliers in Arizona negotiated the sale.
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