Jeff Heaton, SIOR, CCIM, serves as an Executive Managing Director in the Salt Lake City office of Newmark, where he specializes in the acquisition, disposition and leasing of industrial properties across the Wasatch front. Heaton joined Newmark Grubb ACRES in 2000 as a market researcher and cold caller and was later responsible for initiating projects on behalf of the firm’s top producing team.
Over the last 18 years, Heaton has completed just under 600 transactions totaling over $375 million. As a member of the market’s top industrial real estate group, he has acquired a superior understanding of not only deal flow but also market data and knowledge. By effectively communicating this information to his clients, Heaton is able to help them make the best decisions for their businesses.
As both a tenant and landlord representative, Heaton understands the process and many players and moving parts that are involved in a transaction. He also knows that companies become market leaders through quick decision-making. His goal is to provide his clients with the information they need to make those decisions and advise them on acting accordingly.
Focused on owner/user decision making Heaton has added tremendous value to his clients from land acquisitions, financial analysis, strategic value implementation and competitive construction bidding, which has saved his clients time and money.
As one of the select few in his market to hold both the CCIM (Certified Commercial Investment Member) and SIOR (Society of Industrial and Office Realtors) industry designations, Heaton has both the knowledge and relationships to help clients succeed in their business.
Partial List of Transactions
- Black Equities - 245,000 SF
- Honeyville - 204,000 SF
- Matheson - 180,000 SF
- Easy Post - 178,000 SF
- Colony -173,000 SF
- Colony - 173,000 SF
- Food for health - 147,000 SF
- Blue Chip Group - 146,000 SF
- Blue Chip Group - 146,000 SF
- Nellson Nutraceutical - 144,000 SF
- Performance Cold Storage - 137,000 SF
- Express Messenger - 131,000 SF
- Arka - 131,000 SF
- Arka - 127,000 SF
- Natomas -125,000 SF
- Bonneville - 124,000 SF
- Cummings Filtration - 120,000 SF
- Arka - 114,000 SF
- Colony - 105,000 SF
- Colony - 104,000 SF
- Americold /Duff Real Estate - 103,000 SF
- Boeing - 100,000 SF
Professional Achievements
- Largest Industrial Sale, CCIM - Utah Chapter, 2018
- Top Brokerage Team, Newmark Grubb ACRES, 2017
- Top 20 Agent, Newmark Grubb ACRES, 2012 - 2017
- Top 12 Agent, Newmark Grubb ACRES, 2008, 2009, 2015 - 2017
- Most Transactions, Newmark Grubb ACRES, 2005
Professional Affiliations
- SIOR designation, Society of Industrial and Office Realtors
- CCIM designation, CCIM Institute
- Licensed Utah real estate broker
Education
Heaton earned a Bachelor of Science degree from the University of Utah.