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Mike Milano | Colliers | Tampa

Mike Milano

CCIM, MAI

Executive Managing Director, Retail Investments

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About

Professional Summary

Mike Milano, CCIM, MAI, is a Managing Director and has been with Colliers for 20 years. Mike has sold retail properties throughout Florida, and is consistently a top producer having sold in excess of $2.0 billion since joining Colliers. Holding both a CCIM and MAI designation is a rare accomplishment and speaks to Mike’s skill as a professional. Mike oversees retail investment sales throughout Florida, providing acquisition and disposition services to institutional and private clients.

Mike specializes in the sale of credit anchored shopping centers, lifestyle centers, enclosed malls, freestanding, net-leased retail and redevelopment properties. Mike has formed strategic alliances with mortgage brokers and lenders active in today’s market. This helps provide clients with access to both debt and equity.

Mike also has extensive experience assisting private clients, lending institutions and special servicers with disposition and workout solutions for challenging assets as well as performing and non-performing debt.

Accomplishments

Mike traditionally represents sellers and enjoys a long history of repeat client business. Mike has sold retail properties throughout Florida, and is consistently a top producer having sold in excess of $2.0 billion since joining Colliers.

 

A sample of Mike’s institutional clients include: Nationwide Insurance, AEGON USA, Equity One, Grosvenor (formerly Legg Mason), Jupiter Real Estate, John Hancock Life Insurance, Developers Diversified, Coventry Real Estate Advisors, CW Capital and LNR Partners.

 

As a seller’s representative, Mike often exceeds his client’s expectations, even with challenging properties. This accomplishment is attributable to Mike’s aggressive and proactive marketing program, in-depth knowledge of the market and extensive registry of retail investment buyers. All these facets (pro-active marketing plus access to debt and equity), along with the Colliers International platform, provide worldwide reach and local expertise to produce total client success.

Education

·   B.A. degree with honors from the University of Texas.

·   Owned and operated real estate brokerage, appraisal and consulting company.

Services

Service Lines

Capital Markets

Property Type

Retail

Featured Research

Mar 17, 2022

Q4 2021 | Tampa Bay Retail Market Report

Cautious optimism was the consistent feeling in the retail industry as market recovery remained on pace with continued growth and declining vacancy
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May 10, 2021

Q1 2021 | Tampa Bay Retail Market Report

The quick bounce-back in the retail market after the onset of the Covid-19 pandemic was due to favorable market fundamentals including projected population growth and the lifting of government mandated business closures.
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Nov 10, 2020

Activity & Optimism Returns

After months of little to no activity, the Tampa Bay retail market has begun its rebound. The global pandemic has impacted nearly every retail market across the country and the Tampa Bay retail market was not shielded from those effects either. However, the true impacts of the pandemic have yet to be seen locally, as overall market stats continue to remain nearly unchanged. Vacancy remains relatively healthy at 6.4 %, unchanged from the previous quarter and only marginally up from a low of 6.1 % that was experienced this time one year ago. As the market moves forward, it’s expected that vacancy will remain relatively flat as a mix of tenants that unfortunately will exit the market will be backfilled with those taking the current environment as an opportunity to expand and gain market share. During the quarter over 160 transaction occurred, up from 109 in the previous quarter, but still below the average of 180 that occurs each quarter.
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Featured News

Oct 7, 2021

Grand Central at Kennedy’s retail space in Tampa’s Channel District coming to market

The listing is the largest retail investment opportunity in Tampa’s urban core in several years
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Mar 2, 2020

4th Street retail center sells for $2.9 million

The 4th Street corridor in St. Petersburg continues to be a very hot real estate market, a leading broker says, citing his latest deal as evidence.
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