About

Professional Summary

Rich Coles has over 30 years of experience in land development, mixed-use development, retail tenant, developer representation and retail shopping-center business. He is one of the few Senior Certified Shopping Center Managers in the Intermountain West region. Rich has an extensive background in commercial real estate and a long history of community service and planning.

In 1975, Rich began his career in real estate as an assistant mall manager for the ZCMI Center. He held several positions with Zion’s Securities Corporation, including general mall manager and leasing director. During that period, he leased and managed over 2 million square feet of office and retail space. Rich was involved in the development and leasing of Eagle Gate Office Tower and Plaza and the Kennecott Office Tower.

In 1990, Rich left Zion’s Securities and accepted a position as director of management and leasing for Utah and Idaho at Equitable Real Estate Corporation, the largest private real estate owner in the world at the time. Rich’s portfolio consisted of over 2 million square feet of properties, including office towers, retail shops, industrial parks, office parks, and research and development office parks.

In 1994, Rich left Equitable Real Estate to become an independent commercial real estate broker. He has used his broker’s license with Commerce Properties as vice president. He was owner and the national director of real estate leases and franchise sales for Nacho Fast Inc. He also worked in the Salt Lake office of CB Richard Ellis as an associate broker. In 1998, he was an associate broker for Prime Commercial Inc. and then for CBC Advisors in 2005. He joined Colliers International in April 2018.

As of 2007, Rich has been involved in the development and sale of fractional share condo-hotel projects. More recently, he has been involved with the leasing and sales of property with Valley Fair Mall, Jordan Landing Shopping Center, the Point at Lehi, Lee’s Market (in Logan, Utah), Teton River Village (in Rexburg, Idaho), Clinton Town Center, Spring Prairie Center (in Kalispell, Montana), Skyway Regional Center (in Helena, Montana), Hilton Gardens (in St. George, Utah) and many more. He represents several national retail tenants, including Bally’s, Jared Galleria of Jewelry, Kay Jewelers, Marriot Hotels, Harvest Fresh Grocery Stores, Cash & Carry stores, Pier 84, Tucano’s, GNC, American Family Entertainment Centers and others.

Accomplishments

Certified Shopping Center Manager (CSM)

Clients:

Valley Fair Mall
Jordan Landing Shopping Center
The Point at Lehi
Lee’s Market (in Logan, Utah)
Teton River Village (in Rexburg, Idaho)
Clinton Town Center
Spring Prairie Center (in Kalispell, Montana)
Skyway Regional Center (in Helena, Montana)
Hilton Gardens (in St. George, Utah)

National Tenant Representation
Bally’s
Jared Galleria of Jewelry
Kay Jewelers
Marriot Hotels
Harvest Fresh Grocery Stores
Cash & Carry Stores
Pier 84, Tucano’s
GNC
American Family Entertainment Centers

Memberships & Involvements:

ICSC

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