Miles Loo Jr., CRE, FRICS, currently serves as Executive Vice Chairman in Newmark Valuation & Advisory’s Downtown Los Angeles office and is the Global Lead of Valuation & Advisory for Newmark’s Data Centers & Life Sciences practice.
Miles is well recognized as the industry’s leading appraiser of data center properties. His experience includes advising private equity funds, institutional investors, large pension funds, Fortune 500 companies, cloud companies and Global IT conglomerates on investments in all types of data centers, including mission critical, disaster recovery data centers, colocation facilities, carrier hotels, internet gateways, bitcoin mining, and life science properties. These assignments have involved data centers owned and/or operated by Fortune 500 companies across numerous industries as well as Uptime Institute Site Certified Tier III and Tier IV facilities; U.S. Green Building Council (USGBC) LEED Platinum, Gold and Silver buildings; and state and federal disaster recovery data centers. Miles has led valuations of large individual and portfolio valuations spanning multiple countries across six continents (NA, EMEA, APAC, LATAM and African regions) and has consulted on a number of the world’s largest data centers.
Professional Achievements
- Newmark V&A Top Achievement – ’24, ’23, ’22, ’21, ‘20 – Globally (Team Rank #1)
- 2023 IM100 Winner – https://imasons.org/awards/2023-im100-awards/ (Nov-2023)
- Global Special Recognition Award – The Tech Capital Global Awards 2023
- Newmark V&A Top Achievement – ‘19 – Nationally (Team Rank #2)
- Power 200, list of influential global leaders in data center, cloud, edge computing and big data, 2019 https://data-economy.com/miles-loo-jr/
- America’s Top 50, list of influential leaders in data center, cloud, edge computing and big data, 2018 https://data-economy.com/america-50-the-worlds-first-top-50-north- central-and-south-american-influencers/
- President’s Circle Award, Southern California, Cushman & Wakefield, 2011-2014 and 2016
- Cushman & Wakefield Excellence Award, Southern California, 2010
- Member, Cushman & Wakefield’s Top Valuation & Advisory Services Team, led by James W. Myers, MAI, 2000, 2002-2004 and 2006
Licenses and Designations
- CRE designation, the Counselors of Real Estate
- Fellow, Royal Institution of Chartered Surveyors (FRICS)
- ATS designation, RICS Registered Valuer and Accredited Tier Specialist™, Uptime Institute
- Certified General Real Estate Appraiser in the states of:
- Arizona – 31955
- California – AG023313
- Colorado – CG100053444
- D.C. – GA2002081
- Florida – RZ3835
- Georgia – 319819
- Idaho – CGA-4271
- Illinois – 553.002103
- Indiana – CG41500089
- Iowa – CG03728
- Kansas – 3109
- Maryland – 40032741
- Massachusetts – 103389
- Michigan – 1201075477
- Minnesota – 40441774
- Missouri – 2014040927
- Nebraska – CG2018014R
- Nevada – A.0207853
- New Jersey – 42RG00235200
- New York – 46000050108
- North Carolina – A8008
- Ohio – 2015004517
- Oklahoma – 13492CGA
- Oregon – C001211
- Pennsylvania – GA003907
- South Carolina - 7461
- Texas – TX1380048G
- Utah – 7148564-CG00
- Virginia – 4001016985
- Washington – 1102260
Education
Miles is a regularly invited speaker and moderator at many of the major data center conferences in key markets across North America, EMEA and APAC regions. He is also involved in the data center industry as a member of 7x24 Exchange, AFCOM, Infrastructure Masons and Urban Land Institute (ULI) Americas - Data Centers Council. In addition, Miles has achieved the Counselors of Real Estate® (CRE) designation, Fellowship with the Royal Institution of Chartered Surveyors (FRICS), RICS Registered Valuer and Accredited Tier Specialist™ (ATS) designation with the Uptime Institute.