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Todd Noel | Colliers | Phoenix

Todd Noel


Senior Executive Vice-President

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Professional Summary

As a senior executive vice president with Colliers, Todd Noel specializes in office and educational properties. Areas of expertise include corporate advisory, tenant representation, investments, sale/leasebacks, and leasing and build-to-suits.

As the national director of Colliers’ Education Services Group, the leading advisory group dedicated to the education industry, Todd leads a national team of 25 education professionals who understand and represent the varied real estate needs of educational companies and occupiers of educational facilities across the country.

His top-producing team in Phoenix includes Kyle Campbell, vice president; Michael Marsh, associate vice president; Matt Baniszewski, senior associate; and Morgan Carden, senior client services specialist. The team leverages in-depth knowledge of the office and educational property markets to assist clients in achieving their real estate and business objectives.

Todd has exceptional experience and demonstrated success in education-based real estate and has completed numerous assignments on behalf of local and national clients.  From charter schools to universities, he takes a strategic approach to address the unique considerations facing educational facilities. Todd provides strategies and services that strive to reduce occupancy costs, increase efficiency and enhance enrollment.

In order to advise clients on all possible scenarios, Todd offers an integrated platform of services, including acquisitions, dispositions, identifying capital sources, site selection, portfolio planning, lease and sublease negotiations, lease restructuring, transaction and lease administration, construction and project management, strategic planning, and benchmarking.

As a trusted and experienced advisor, Todd represents his clients’ best interests and develops real estate strategies to identify opportunities that add value, reduce costs, and maximize ROI. He incorporates the highest standards of excellence and quality in his approach to serving each client. With a tenacious and focused negotiation style, Todd has developed a reputation for delivering the most aggressive deal terms for his clients.

Todd has more than 20 years of commercial real estate experience, specializing in educational and office properties and corporate tenant representation. Prior to joining Colliers, Todd was with Trammel Crow Company, CBRE and Insignia/ ESG.


  • 2020, 2019, 2018, 2017, 2015, 2014 & 2009 to 2011 – #1 Top Producer, Arizona
  • 2009 to 2020 - Colliers Everest Club, recognizing the Top 10% of Producers in the Americas
  • 2016 & 2013 – Awarded NAIOP Tenant Representative Broker of the Year
  • 2016 & 2015 – Awarded NAIOP Office Broker of the Year
  • 2008 to 2020 – #1 Office Team, Arizona


  • Bachelor of Science, Urban Planning & Business, Magna Cum Laude, Arizona State University

Memberships & Involvements

  • Education Services Group | Colliers
  • Occupier Advisors Group | Colliers
  • Certified Commercial Investment Member (CCIM)
  • NAIOP, the Commercial Real Estate Development Association
  • Colliers  | Arizona Leadership Council
  • Greater Phoenix Economic Council (GPEC)
  • GreatHearts Academies
  • Community Bridges, Inc.
  • Herberger Theatre
  • Habitat for Humanity
  • March of Dimes
  • Arizona Humane Society


  • Grand Canyon University
  • GreatHearts Academies
  • Legacy Traditional Schools
  • Academy of Mathematics & Sciences
  • Arizona Conservatory for Arts & Academics
  • Maricopa Corporate College, a Maricopa Community College
  • Bridgepoint Education
  • ViaWest Group
  • Crown West Realty
  • Fenway Properties LLC
  • SWCA Environmental Consultants


“Todd Noel has taken the time to understand what is important to Grand Canyon University, especially as it relates to facility needs for our employees. He has been very responsive to us in a dynamic and growing environment..”—Stan Meyer, Executive Vice President, Grand Canyon University


Service Lines

Tenant Representation, Landlord Representation, Occupier Services, Capital Markets

Property Type

Healthcare-Medical, Land, Office


Tenant Advisory Council, Education Services Group

My Team

Featured Research

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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Jan 27, 2021

2020 Q4 Greater Phoenix Medical Office Market Report

The Greater Phoenix medical office market added 26,451 SF of inventory in Q4. Vacancy dropped to 13.2%. Available sublease space decreased 16% over the quarter. Under construction projects are pre-leased at a rate of 76.7%. Rental rates increased by 5.3% YOY to end 2021 at $22.28 PSF. Sales volume increased 45.2% over-the-quarter.
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Featured News

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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Apr 19, 2021

Phoenix office market challenged by pandemic impact

First quarter 2021 brought a significant uptick in office tenant touring and an amplification of business activity to Phoenix, according to Colliers’ office market report. Q1 2021 was the second consecutive quarter of negative net absorption, posting -372,905 square feet during the three months.
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