Cushman & Wakefield Adds Valuation & Advisory Arm to Mission Critical Facilities Practice
22 Jun, 2010, New York
Cushman & Wakefield today announced the appointment of Miles Loo, Jr., a Managing Director at the firm, to National Practice Leader for the Valuation & Advisory Services arm of the company's Global Mission Critical Facilities Practice. Mr. Loo's promotion enhances the firm's robust Valuation & Advisory Services offerings for specialty property types.
"With an in-depth knowledge of the rapidly changing market for mission critical facilities, Mr. Loo offers our clients unsurpassed, real time information necessary to make informed lending and investment decisions," said John D. Busi, EVP, Global Co-head of Cushman & Wakefield's Valuation & Advisory Services. "We are delighted to have Miles on board as a National Practice Leader with our Global Mission Critical Facilities Practice."
For the past 10 years, Mr. Loo has been providing valuation services on technology-related real estate assets. Such assets include mission-critical, disaster recovery data centers, co-location facilities, carrier hotels and internet gateways all throughout United States, Canada and Europe. Over the past few years, Mr. Loo has been involved in more than 110 appraisal and consulting assignments comprising over 22.5 million square feet of rentable space for major facilities owned and/or operated by Fortune 1000 companies throughout North America and Europe. These studies have been used in conjunction with real estate portfolio valuations, due diligence support, internal planning, and acquisition/construction financing purposes.
Mr. Loo has been active in the appraisal of real estate since 1995 and holds a Bachelor of Science Degree, Business Administration with an emphasis in Pre-Legal from California State University, Los Angeles. He is an Associate Member of the Appraisal Institute, Affiliate Member of the CFA Institute, Affiliate Member of the International Council of Shopping Centers, California Licensed Real Estate Broker, and a Certified General Real Estate Appraiser in the States of California, Arizona and Georgia.
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