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Chaz Smith | Colliers | Phoenix

Chaz Smith

Senior Vice President

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About

Professional Summary

Chaz Smith is a senior vice president with the AZ LandSource Team at Colliers, specializing in the sale of land, with more than 35 years commercial real estate experience. As the senior member of the AZ LandSource Team, Chaz defines the team’s focus and direction, ensures negotiations are finalized and that all parties fulfill their obligations, and provides a clear line of communication between all parties.

The team also includes John Finnegan, senior vice president; and Ramey Peru, vice president. The AZ LandSource team has a history of success, with more than 60 years of combined experience. They are committed to a team approach, which always puts their clients’ needs first. Each member has unique competencies that increase value in the different stages of every transaction.

The team specializes in finding creative solutions for the new reality of today’s ever-changing market and has the resources to uncover new information for their clients’ specific challenges. Their extensive track record of successful assignments reflects the team’s dedication to locating the right property that fits the needs of each client, whether a developer, investor, or user.

The AZ LandSource team is structured around the strengths of each individual. On every assignment, each member brings his individual expertise for the benefit of their clients. The team is organized around relationships, marketing, service delivery and a focus on completing transactions that meet the requirements of the buyer and seller.

They have represented premier developers and select landowners with acquisition, disposition, ground lease, site selection and land valuation within the greater metropolitan areas of Arizona.

Prior to joining Colliers in 2006, Chaz specialized in land at NAI Horizon for two and a half years. Chaz began his commercial real estate career at CB Richard Ellis in 1983, selling apartments. During his 21 years with the company, he transitioned from apartments sales to the sale of land for apartment developments. His experience in the sale of apartments solidified his awareness of the value of proximate amenities to land locations. Chaz translates this into every land use from residential to retail and office.

Accomplishments

  • Board Member and Past President (2017-2018) of Lambda Alpha International (LAI), the Honorary Society for the Advancement of Land Economics
  • Arizona District Council of Urban Land Institute Program Committee from 1999–2004 and Co-Chair from 2001–2004
  • Phoenix Residential Investment and Development Effort (PRIDE) – Board Member. PRIDE is a non-profit focused on providing quality housing for low-income residents of Phoenix from 1994–2007.

Education

  • Bachelor of Science, Regional Development, University of Arizona
  • Associate Broker's License, Arizona Dept. of Real Estate

Memberships & Involvements

  • Lamda Alpha International (LAI
  • Colliers Land Advisory Services Group

Clients

  • Charles Heers
  • Dignity Health
  • Dominium
  • DR Horton
  • Green Light Communities
  • Mark-Taylor Residential
  • P.B. Bell
  • Pederson Group
  • Roles Family
  • Wescap Real Estate Services

Testimonials

“The LandSource Team was a pleasure to work with. The team’s ability to provide relevant, accu­rate market information in a timely manner was critical throughout this transaction.”—David Zunker, President, Development, Lynd Development Partners

Services

Skills

Land Sales

Service Lines

Landlord Representation, Capital Markets

Property Type

Land

Specializations

Land Advisory

My Team

Featured Research

Jul 26, 2021

2021 Q2 Greater Phoenix Retail Market Report

Second quarter was a drastic change from last year. Arizona’s economy is booming and experiencing record revenue and personal income growth. Investment sales were higher in Q2 2021 than all of 2020.
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Jul 20, 2021

2021 Q2 Greater Phoenix Office Market Report

The Greater Phoenix office market ended Q2 2021 posting 76,690 SF of positive net absorption. Direct vacancy increased 20 bps quarter-over-quarter and 150 bps YOY to end the second quarter at 14.0%.
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Jul 13, 2021

2021 Q2 Greater Phoenix Industrial Market Report

The Greater Phoenix Industrial market is more active than at any time in its history, posting 5.8 million square feet of positive net absorption during Q2 2021. This marks the ninth consecutive quarter of more than 1,000,000 square feet of positive net absorption.
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Featured News

Jul 22, 2021

Phoenix office market stabilizes as sublease additions slow

The pandemic’s impact on the Greater Phoenix office market appears to have passed its peak with the market stabilizing in second quarter and the market returned to positive net absorption.
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May 26, 2021

Phoenix retail vacancy drops as leasing activity accelerates in 1Q 2021

Q1 2021 brought positive net absorption to the Greater Phoenix retail market, reports Colliers. Absorption pushed vacancy down and rental rates continue showing signs of growth. Construction moved forward, bringing 231,020 SF of new retail space. Investment sales saw 41 transactions totaling $382 million.
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