Miles Loo Jr., CRE, FRICS, joined Newmark Valuation & Advisory in 2017 in the Downtown Los Angeles office, where he serves as a Vice Chairman and the Global Lead for Newmark Valuation & Advisory’s Data Centers & Life Science group.
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 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 Top – 2020 V&A Professional – Nationally (Rank #1)
- Newmark Top – 2019 V&A Professional – Nationally (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
Professional Affiliations
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, and Infrastructure Masons. 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.
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, states of:
Arizona – 31955
California – AG023313
Colorado – CG100053444
D.C. – GA2002081
Florida – RZ3835
Georgia – 319819
Hawaii – CGA 0001135
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