Mindy Korth | Colliers International | Phoenix

Mindy Korth

Executive Vice President

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About

Professional Summary

As executive vice president of investment properties with Colliers International, I am accomplished in all sectors of the investment real estate community, including office, medical office, retail, datacenters, high-finish industrial, commercial land and unique projects across metropolitan Phoenix and nationally. I lead an investment sale team that includes Sean Westfall, senior associate; Jenny Bassett, real estate analyst; Kelsey Robinson, client services coordinator; and Alyssa Smith, graphic designer.

I am focused on identifying investment opportunities, executing client strategies, establishing relationships between parties, and coordinating property financial analysis and due diligence. My wealth of industry, market, property and financial intelligence provides clients with the information they need to make informed decisions and complete successful investment transactions.

I have completed transactions totaling more than 25 million square feet, and more than $3 billion in value.

Throughout my career, I have been involved in each aspect of real estate, including new and rehab development, financial structuring deals in the capital markets, leasing, management, site selection, network planning, acquisitions and dispositions programming, financial analysis and underwriting.

As a 40-year veteran of commercial real estate services and alum of CBRE/Trammell Crow Company, my previous positions include Financial Manager, Director of Property Management and Certified Public Accountant at a Big 8 Firm.

Accomplishments

  • Ranked as Top Producer for Colliers | Arizona in 2019, 2018, 2017, 2016, 2014
  • 2019 & 2018 – Colliers Everest Club, recognizing the Top 10% of Producers in the U.S.
  • 2016 - Received the All-In Award for Colliers | Greater Phoenix for being fully committed to moving to the next level and to setting winning strategies for the future
  • NAIOP Investment Broker of the Year: 2003, 2008, 2009, 2010, 2013 
  • Nominated NAIOP Investment Broker of the Year: 2019, 2018, 2017, 2015, 2012, 2008-2010, 2003-2005
  • Commercial Executive Magazine Broker of the Year: 2010, 2011 and 2012
  • AZRE Magazine 20 Most Influential Women in Commercial Real Estate 2014
  • AZRE Magazine Big Office Deal: 2013
  • AZRE Magazine Big Deal Office Sales Broker: 2012
  • AZRE Magazine People to Know: 2008, 2009 and 2011
  • Phoenix Business Journal Who's Who of the Decade: 2010
  • Phoenix Business Journal Power Player: 2007 
  • CBRE - Phoenix Top Producer: 2007-2013
  • Trammell Crow Company Top Producing Team in Phoenix Overall: 1996-2003, 2005 and 2006
  • Trammell Crow Company National Top 50 Producer: 2002, 2003, 2005 and 2006

Education

  • Bachelor of Science, Business Administration, Accounting Major, Arizona State University
  • Arizona Department of Real Estate - Associate Broker's License

Memberships & Involvements

  • NAIOP, the Commercial Real Estate Development Association
  • Urban Land Institute (ULI)
  • AZCREW - Arizona Commercial Real Estate Women
  • ICSC – International Council of Shopping Centers
  • Valley Partnership
  • Colliers International | Arizona Leadership Council
  • Balsz Community Education Foundation
  • Discovery Triangle Development Corporation
  • Social Venture Partners

Clients

Investor relationships include: Adler, Aegon, BH Properties, Carter Validus, Clarion Partners, Cornerstone Real Estate Advisors, CW Capital, Diamond Ventures, El Dorado Holdings, Exxon Mobil, Founders Properties, Irvine Asset Group, JPMorgan Chase, Landwin, Lexington Realty Trust, New York Life (fka McMorgan and Company), PacVentures, Principal Real Estate Investors, Prudential Real Estate, Regency Centers, Rockefeller Group Development Corporation, Ryan Companies, Sperry Equities, Townline Ventures, Trammell Crow Company, VEREIT, Volkswagen, Wells Fargo Bank

Testimonials

Bixby Land Company hired Mindy Korth to market the Arizona Switch for T-Mobile that had three years remaining on the lease. She assembled a team of experts and their marketing strategy was customized to the assignment. The result was successfully delivering a well-qualified, all-cash buyer and a very smooth transaction. They clearly exceeded our expectations. We are pleased to recommend Mindy and would enthusiastically hire her again. - Aaron Hill, Vice President, Operations, Bixby Land Company

"Mindy Korth is one of the best commercial real estate brokers I ever dealt with." - Jeff Erhart, Brier, Irish, Hubbard & Erhart, PLC

"Mindy’s commitment to the project went far beyond her role. The company is fortunate to have someone with her professional and personal integrity, community consciousness, sense of fair play and patience." - Paula Moloff, City of Glendale

"I enthusiastically recommend Mindy Korth and her team for both disposition as well as acquisition services. Her senior level experience combined with a strong customer service attitude and hands-on approach delivered excellent results in the sale of the ASM America Headquarters building, and my acquisition of three medical clinics as exchange properties. Mindy was strategic and persistent to be sure I achieved the very best results." - Rob Caldwell, Caldwell Investments

​".
…again and again, the feedback is that you are one of the best brokers in the greater Phoenix area. I now share their positive opinion of you." - Greg Hemstreet, President, Hemstreet Development Corp.

Services

Skills
Investment Properties, Mixed-Use Properties
Service Lines
Capital Markets, Corporate Solutions
Property Types
Office, Retail, Industrial, Land, Healthcare-Medical

My Team

My Team

Featured Research
Jul 6, 2020
2020 Q2 Greater Phoenix Office Market Report
The Greater Phoenix office market experienced a healthy second quarter. Sublease space increased 82% over-the-quarter. Net absorption remained positive for the 33rd consecutive quarter with 205,372 SF net absorption. Vacancy settled at 13.1%. Rental rates held strong with an average of $25.71 PSF.
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Apr 28, 2020
2020 Q1 Greater Phoenix Retail Market Report
Greater Phoenix retail market ended Q1 strong and healthy with 125,641 SF of net absorption. Vacancy dropped 10 bps over the past 12 months but increased 10 bps over the quarter to current 7.3%. Retail delivered over 312,000 SF. Rents climbed 2.2% over the past 12 months, with asking rents rising to $15.07 PSF.
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Apr 24, 2020
2020 Q1 Greater Phoenix Medical Office Market Report
The Greater Phoenix medical office market posted 24,349 SF of market wide net absorption in Q1 2020. During first quarter, 78,817 SF was completed and currently 854,197 square feet is under construction. Vacancy settled at 14.5 percent. Investment sales volume settled at $67 million in first quarter.
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Featured News
Jul 10, 2020
Phoenix office market remained positive in Q2 2020
The Greater Phoenix office market remained relatively healthy during second quarter. According to Colliers International’s market report, the office sector posted its 33rd consecutive quarter of positive net absorption and office vacancy remains below 15%.
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Apr 23, 2020
Greater Phoenix office market posted strong first quarter 2020
Colliers International reports the Greater Phoenix office market posted a healthy first quarter 2020, being the 32nd consecutive quarter with positive net absorption. More than 100,000 square feet of positive net absorption took place in first quarter and the vacancy rate remained below 13 percent.
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Apr 7, 2020
Colliers International sells Vertex Education headquarters at Chandler Airpark
The Vertex Education building at 3125 S. Gilbert Road in Chandler was purchased by a local investor as part of a 1031 exchange. Mindy Korth, Todd Noel and Sean Westfall of Colliers in Arizona represented Chandler CSO in the sale. Korth, Chris Roach and Matt Roach of Colliers represented the buyer.
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Mar 16, 2020
Colliers International sells Chandler Medical and Dental Center building
Colliers International negotiated the sale of Chandler Medical and Dental Center, Building B, to a Tempe-based investor as part of a 1031 exchange transaction. The property is located at 655 S. Dobson Road, just south of Chandler Regional Medical Center
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