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Nick Ault | Colliers | Phoenix

Nick Ault

Vice President

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About

Professional Summary

As a senior vice president with the Arizona Retail Services Team with Colliers International, I specialize in retail and restaurant real estate services, with a focus on tenant representation. Working in partnership with Daniel Ortega, senior vice president, our team represents local, regional and national tenants, buyers and sellers in the leasing, acquisition and disposition of retail properties, including power centers, neighborhood centers, stand-alone retail buildings and restaurants.

With proven success representing national credit tenants, a thorough knowledge of the retail market, strong industry relationships and tenacity, I have excelled in the retail real estate market. I build trust and deliver results through a proactive partnership approach and by aggressively representing my clients’ best interests.

On every assignment, I work closely with clients to develop optimal market plans and deliver customized and innovative solutions that lead to successful and beneficial real estate transactions.

Our team leverages Colliers’ exceptional resources in the retail sector and its comprehensive platform of services to enhance and broaden service offerings to our clients and ensure clients are able to make profitable and informed real estate decisions.

Refer to the client list below for notable tenants represented.

Prior to joining Colliers, I was an integral member of Velocity Retail Group’s tenant services in Phoenix, where I focused on new market roll-outs for national credit restaurants, specialty retailers and big box tenants. I assisted with market strategies, site selection, lease administration, and transaction negotiations on behalf of my clients.

Accomplishments

  • 2019 - #13 Top Producer, Colliers in Arizona
  • Candidate for Certified Commercial Investment (CCIM) designation through the Commercial Investment Real Estate Institute

Education

  • Bachelor of Arts, Design Studies, Concentration in Design Management, Arizona State University

Memberships & Involvements

  • Arizona Retail Services Team | Colliers International
  • International Council of Shopping Centers (ICSC)

Services

Skills
Restaurants, Development Consulting, Shopping Centres
Service Lines
Landlord Representation, Tenant Representation
Property Type
Retail

My Team

Featured Research
Jan 21, 2021
2020 Q4 Greater Phoenix Retail Market Report
The Phoenix retail market ended Q4 with 64,036 SF of negative net absorption, but stayed positive over the year ending at 215,692 SF. Vacancy increased 20 bps over-the-quarter and 60 bps YOY to the rate of 7.9%. Despite national headlines of declining retail rental rates, the Phoenix market held steady.
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Oct 19, 2020
2020 Q3 Greater Phoenix Retail Market Report
The Greater Phoenix retail market ended the third quarter with 101,270 square feet of positive net absorption. Vacancy increased to 7.7 percent, elevating 10 bps over-the-quarter. Rental rates are struggling to maintain pre-pandemic levels, ending at $14.62 PSF.
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Jul 13, 2020
2020 Q2 Greater Phoenix Retail Market Report
The Greater Phoenix retail market ended the second quarter on the upside. Regardless of the retail sector being hit the second hardest of all CRE industries (second to hospitality), the market managed to produce 14,134 square feet of positive absorption.
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Featured News
Jan 27, 2021
Phoenix retail real estate endured difficult 2020
The retail real estate market was arguably hit hard by the COVID-19 pandemic, but metro Phoenix endured the challenges more successfully than most markets. The area posted positive net absorption in 2020, and rental rates remained healthy. Investment sales volume increased 49.1% from Q3 to $273 million.
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Oct 22, 2020
Q3 Phoenix retail market posts positive net absorption
Colliers International reports the Greater Phoenix retail market posted positive net absorption in third quarter, despite the continued impact of the COVID-19 pandemic. Vacancy rose slightly during the quarter to 7.7 percent as the city was recognized for comparatively low unemployment and small business closures.
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Jul 20, 2020
Greater Phoenix retail market remained healthy in Q2 2020
Colliers International reports the Greater Phoenix retail market finished Q2 2020 with positive net absorption, despite the impact of pandemic business interruptions. Vacancy remained healthy, but experts look towards the second half of the year to determine the long-term effects of COVID-19.
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Jun 30, 2020
The Human Bean expanding its presence in Arizona
The Human Bean, an Oregon-based franchise coffee restaurant company, is expanding its footprint in Arizona. Local franchisee Brian Sherrill, in partnership with three family members, own three Valley restaurants with three more in Arizona opening within the next 18 months.
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