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Michael Milic | Colliers | Phoenix

Michael Milic

Vice President

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About

Professional Summary

As a vice president with Colliers and licensed associate broker, Mike Milic specializes in the sale of office and industrial investment properties with values from $2 million to $15 million. Mike represents investors, landlords and owners, as well as tenants on an exclusive basis.

His extensive background includes more than 30 years of office and industrial real estate experience, in addition to 12 years of ownership and construction management experience.

Mike joined Colliers in Arizona in 2002, having previously been with the Colliers office in Montreal, Canada, from 1990 to 1993.

When Mike moved to Phoenix in 1996, he was with CORE/Jackson & CORE Realty Partners–ONCOR International from 1996 to 2002. He served as vice president of office and industrial, partner, ONCOR manager, and designated broker.

Prior to moving to Phoenix, Mike opened his own brokerage firm in Montreal, serving as president and designated broker with Previa Investments, Inc., from 1993 to 1996. He was with Colliers in Montreal from 1990 to 1993, before opening his brokerage firm.

From 1980 to 1990, Mike served as vice president of operations for a construction firm that built buildings across the United States. During his tenure, he was responsible for the oversight of all of the company's construction projects, with values ranging from $5 million to $10 million.

Accomplishments

  • Leased more than 5 million square feet
  • Completed more than $1 billion in transactions
  • Fluent in several languages: French, English, Mandarin Chinese, Russian and Serbo Croatian

Education

  • Bachelor's Degree, International Business, McGill University, Montreal, Canada
  • Associate Broker's License, Arizona Dept. of Real Estate

Memberships & Involvements

  • CoreNet Global
  • NAIOP, the Commercial Real Estate Development Association

Clients

  • DR Horton
  • Exeter Life Sciences/Kronos Group
  • Khi-Metrics (SAP)
  • Apollo Group (University of Phoenix)
  • Levin Group
  • Global Supply & Logistics
  • Blue Cross Blue Shield of Arizona
  • iStar Financial

Testimonials

“Just a quick note about my experience with Mike Milic. Some 10-plus years ago, Mike helped me find a warehouse/office building for my growing small business. Then in 2019, I reached out to him again, this time to sell the building, as I had sold the business and retired. Both times, Mike was efficient, attentive and professional. He was genuinely interested in helping me make the best decision both times. Having been in business some 35 years, I feel I can recognize sincerity and integrity within someone I’m working with. And, I can appreciate the value that type of individual brings to the table. I wouldn’t hesitate to recommend Mike, and therefore Colliers, to anyone.”—David Breedlove, Total Lighting & Control

Services

Skills

Investment Properties

Service Lines

Capital Markets, Landlord Representation, Tenant Representation

Property Type

Industrial, Office

Featured Research

Apr 16, 2021

2021 Q1 Greater Phoenix Industrial Market Report

The Greater Phoenix industrial market for Q1 2021 saw rental rates continue to climb, increasing over 8% year-over-year. Vacancy decreased 80 bps over-the-quarter, while delivering 2.9 MSF, illustrating very strong tenant activity. Product under construction has reach an all-time high and more is in the pipeline.
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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 15, 2021

2020 Q4 Greater Phoenix Industrial Market Report

The Greater Phoenix industrial market ended the year with the highest YTD absorption ever witnessed at 13.9 MSF, with net absorption exceeding 7 MSF in the fourth quarter. Under construction decreased 2.2 MSF feet from third quarter to 7 MSF. We delivered 6.5 MSF of new product in Q4.
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Featured News

Apr 20, 2021

Construction of industrial space in Phoenix hits record levels

The Greater Phoenix industrial real estate market maintained a record-breaking pace during first quarter of 2021, according to Colliers’ first quarter report. Construction activity reached an all-time high level, while momentum of net absorption indicates this year will easily outperform 2020.
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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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