John P. Creer was named Assistant Vice President for Real Estate Development at Arizona State University (ASU). Creer comes to ASU from Coldwell Banker Commercial in Salt Lake City, Utah, where he has worked as a commercial real estate broker since August 2011. Morgan R. Olsen, ASU’s Executive Vice President, Treasurer and Chief Financial Officer, announced Creer’s appointment.
“With his nearly 30 years of experience in commercial real estate development, consulting, property and asset management and venture capital, John Creer possesses the expertise to lead the university’s complex real estate activities,” Olsen said. “His skill set will be of great value to our Real Estate Development Office as ASU continues the development of the athletic facilities district and other strategic real estate initiatives.”
Creer’s most recent professional accomplishments with Coldwell Banker include brokering transactions with national and regional companies such as UPS, US Bank and Obagi Medical Products, Inc. He is a licensed real estate broker in Utah and is a licensed real estate agent in California. Creer holds a bachelor’s degree in accounting, with an emphasis in corporate and partnership taxation from the University of Utah.
“I’m excited to work with Dr. Olsen and the real estate team to develop and maximize the value of real estate assets to benefit Arizona State University,” Creer said. “President Crow and Dr. Olsen have created a refreshing atmosphere in a public institution that is on the leading edge of public-private partnerships. I believe my public and private development experience will bring an added dimension to ASU’s growth trajectory in relation to its real estate development initiatives.”
Prior to his Salt Lake City relocation, Creer worked for Grandview Advisors, LLC, Vanir Construction and the Trammell Crow Company on professional service contracts with the Los Angeles (California) Unified School District. One of his notable ventures with his partners at Grandview Advisors was the development of a master planning process and protocol to support a $7-billion, voter-approved capital investment program for 585 public school sites across the Los Angeles area.
Earlier in his Los Angeles work, Creer was responsible for the development and execution of a $2.3 billion master plan for 41 new San Fernando Valley K-12 school sites. He managed a $200-million charter school development program and started an asset management division to monetize underutilized real estate owned by the school district through public-private partnerships.
Previously in his career, Creer was chief financial officer for a Los Angeles venture-backed technology transfer company. He formerly served as managing partner of a Salt Lake City commercial development firm and was the chief financial officer of a Salt Lake City technology start-up company. Creer also performed various development, leasing and property management roles for a Salt Lake City commercial and industrial real estate development firm.
“With his wealth of knowledge and history of success in a broad range of real estate development ventures, I’m confident that John Creer can build on our achievements in the real estate arena,” Olsen said. “We are pleased to welcome him as part of the ASU Business and Finance team, and look forward to working with him in meeting the university’s complex real estate needs and developing new revenue streams to support ASU’s evolution as a New American University.”