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Mindy Korth | Colliers | Phoenix

Mindy Korth

Executive Vice President

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About

Professional Summary

As an executive vice president of investment services with Colliers, Mindy Korth is 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. Mindy leads an investment sales team that includes Jenny Bassett, real estate analyst; Kelsey Robinson, client services coordinator; and Alyssa Smith, client services coordinator.

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

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

Throughout her career, Mindy has been involved in each aspect of real estate, including new and rehab development, financial structuring deals in 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, Mindy’s previous positions include Financial Manager, Director of Property Management and Certified Public Accountant at a Big 8 Firm.

Accomplishments

  • Ranked Top Producer in 2020, 2019, 2018, 2017, 2016, 2014, Colliers in Arizona
  • 2020, 2019, 2018 – Colliers Everest Club, recognizing the Top 10% of Producers in the U.S.
  • 2016 - Received the All-In Award for Colliers | Arizona 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
  • Associate Broker's License, Arizona Dept. of Real Estate

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 | 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 Type

Office, Retail, Industrial, Land, Healthcare-Medical

My Team

Featured Research

May 17, 2021

2021 Q1 Greater Phoenix Retail Market Report

The Greater Phoenix retail market ended Q1 2021 posting 246,897 SF of net absorption. Rental rates continue showing signs of growth, despite national headlines of business failures, rising 1.10% year-over-year. Construction continued forward with the market delivering 231,020 SF of new space in the first three months, with an extremely low vacancy rate of only 5%.
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May 3, 2021

2021 Q1 Greater Phoenix Medical Office Market Report

The Greater Phoenix medical office market ended Q1 2021 posting -12,431 SF of net absorption. Rental rates are continuing to grow, increasing 6.2% YOR and 3.1% over-the-quarter, ending at $22.92 PSF. No new product was delivered this quarter, putting pressure on vacancy. Median sales price PSF reached highest point in any quarter in Phoenix history, ending at $373 PSF
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Apr 14, 2021

2021 Q1 Greater Phoenix Office Market Report

Phoenix office market ended Q1 2021 posting -372,905 SF of net absorption, marking the second consecutive quarter of more than 100,000 SF of negative absorption. Direct vacancy increased 80 bps quarter-over-quarter and 150 bps year-over-year to finish first quarter at 13.8 percent.
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Featured News

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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May 6, 2021

Medical office rental rates rose 6 percent over past year

Colliers reports the Greater Phoenix medical office market posted 6.2% rental rate increases over the past 12 months and investment sales were relatively strong in Q1 2021. Rental rates for medical office rose during the past 12 months and are anticipated to continue rising,
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