Michael Milic | Colliers International | Phoenix

Michael Milic

Vice President

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About

Professional Summary

As a vice president with Colliers International and licensed associate broker, I specialize in the sale and leasing of office, industrial, land and investment properties, representing investors, landlords, owners, and tenants. My extensive background includes more than 30 years of office and industrial real estate experience, as well as 12 years of ownership and construction management experience.

I joined Colliers International in Arizona in 2002, having previously been with the Colliers office in Montreal, Canada, from 1990 to 1993. Prior to moving to Phoenix, I opened my own brokerage firm, serving as president and designated broker with Previa Investments, Inc., in Montreal from 1993 to 1996.

When I moved to Phoenix in 1996, I joined CORE/Jackson & CORE Realty Partners–ONCOR International as vice president of office and industrial, partner, ONCOR manager, and designated broker from 1996 to 2002. From 1980 to 1990, I served as vice president of operations for a construction firm that built buildings across the United States. During my tenure, I was responsible for the oversight of all of the company's construction projects, with values that ranged between $5 million to $7 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
  • Arizona Dept. of Real Estate, Associate Broker's License

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

Service Lines
Tenant Representation, Landlord Representation
Property Type
Industrial, Land, Office
Featured Research
Jul 7, 2020
2020 Q2 Greater Phoenix Industrial Market Report
Greater Phoenix industrial net absorption ended Q2 up 2.7 MSF and 3.7 MSF year-to-date. Over-the-year vacancy increased only 70 bps to 7.7%. Under construction rose to 11.6 MSF. Asking rates increased nearly 4.2% over-the-year, reaching $0.58 PSF. The quarter closed with $320 million in sales volume.
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Jul 6, 2020
2020 Q2 Greater Phoenix Office Market Report
The Greater Phoenix office market experienced a healthy second quarter. Sublease space increased 82% over-the-quarter. Net absorption remained positive for the 33rd consecutive quarter with 205,372 SF net absorption. Vacancy settled at 13.1%. Rental rates held strong with an average of $25.71 PSF.
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Apr 17, 2020
2020 Q1 Greater Phoenix Office Market Report
The Greater Phoenix office market had a healthy first quarter. Net absorption remained positive for the 32nd consecutive quarter, ending at 147,630 SF. Deliveries were just under 1 MSF. Vacancy currently posted at 12.8 percent. Asking rents closed at $25.48 PSF. Investment sales reached $241 million.
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Featured News
Jul 13, 2020
Expanding online commerce drives industrial market growth
Colliers International reports the Greater Phoenix industrial real estate market remains healthy, despite business conditions during the pandemic. America’s growth in online purchasing is driving expanded demand for warehouse/distribution space.
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Jul 10, 2020
Phoenix office market remained positive in Q2 2020
The Greater Phoenix office market remained relatively healthy during second quarter. According to Colliers International’s market report, the office sector posted its 33rd consecutive quarter of positive net absorption and office vacancy remains below 15%.
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Apr 21, 2020
1Q 2020 industrial market report highlights strength before shutdown
Greater Phoenix Industrial market could be poised for a surge in demand for warehouse/distribution space, reports Colliers in Arizona. The stay-at-home orders from the coronavirus pandemic forced more people to shop online. Those lasting habits will increase online retailer demand for distribution space.
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Feb 19, 2020
Greater Scottsdale Airpark 2030 Report highlights shift to mixed use
Colliers International in Arizona released its Greater Scottsdale Airpark 2030 Report, highlighting market conditions and predictions for the submarket. The area has become an 18-hour city, with a growing mix of apartments, modern retail, hotel amenities and traditional commercial space.
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