John Smelter
Senior Managing Director, Blueprint Healthcare Real Estate Advisors, LLC
Chicago, IL 60606
Senior Managing Director on its Medical Outpatient team. Expert in healthcare real estate brokerage.
Phone (312) 300-4000 x2049
Senior Managing Director on its Medical Outpatient team. Expert in healthcare real estate brokerage.
Specialties
Investment Sales Broker, Tenant Rep
Bio
John Smelter has specialized in investment real estate brokerage for 23 years and in January 2007 started his 24th year in the business. John joined Marcus & Millichap in April of 1997 and within two months became the Regional Manager of the San Diego office. In his first year as Regional Manager of the San Diego Marcus & Millichap office, John increased sales 83% over the previous year and 64% over the best prior year in the 21 year history of the office.
In 1999, given John’s past success as a broker, it is not surprising that he elected to return to brokerage as a senior agent with Marcus & Millichap. With over 500 agents, John ranked in the top 1% of Marcus & Millichap agents company wide in his first 12 months with the firm. In 2001, John was appointed as a Director of the National Office and Industrial Property Group (NOIPG) where he has been ranked in the top ten nationally since its inception. In 2002, John finished #21 out of 650 agents nationally and was the recipient of the Senior Investment Associate designation as well as the Chairman’s Club Award. John repeated his success in 2004, finishing #24 out of 900 agents and earning the Chairman’s Club Award. Additionally, John finished #2 in the NOIPG nationally and was promoted to Senior Director of the group. In 2006, John finished #1 nationally for NOIPG and finished #29 out of 1,100 agents nationally.
Previously, John was a Partner at Sperry Van Ness-San Diego for six years where he finished in the "Top Ten" company wide five of the six years. Prior to Sperry Van Ness, John founded, owned, and operated Incentive Investments, Inc., one of San Diego’s largest investment real estate firms. John started his real estate career in January 1984 at Square One, Inc., an investment real estate brokerage and development company in La Jolla. John Smelter has closed investment property transactions for a number of major institutions, pension funds, REITs, syndicators, lenders, hospital systems, developers, and private parties. References are available upon request. John focuses on the sale of medical office properties 25,000+ square feet on a national basis and has had the No. 1 market share in this product type for over 15 years. During this time his market share in California exceeds 25%. In his career, John has closed 200 transactions exceeding $800 million in sales volume.
Before entering the real estate profession, John was in the semiconductor industry. John served as a Product Marketing Engineer with Fairchild Semiconductor in Mountain View, California where he increased market share over 400% in his account base. John later joined General Instrument Corporation (a Fortune 500 Company) Optoelectronics Division in Palo Alto as Product Marketing Manager and was responsible for OEM sales for the entire United States. John was later promoted to the Discrete Semiconductor Division of General Instrument in Oceanside, CA as a Distributor Sales Manager of North America. John was responsible for a sales team of 400 representatives and was successful in increasing sales by over 60% during his tenure with the company.
John is a graduate from the University of Arizona with a B.S. Degree in Business Administration with a major in Marketing. John has served on the Board of Directors of the Alumni Association of the University of Arizona and resides with his wife and two children in Rancho Santa Fe, CA.