News Summary
Colliers has established a new retail investment team named the Milano & Coccodrilli Retail Investment Team, led by Mike Milano and Nicholas Coccodrilli. Together, they boast over 45 years of experience and have completed transactions exceeding $5 billion. The team will concentrate on the Tampa Bay, Central Florida, and Southwest Florida markets, focusing on multi-tenant retail strip centers and mixed-use properties. This initiative showcases Colliers’ commitment to enhancing retail investment services for diverse investors in response to evolving market demands.
Tampa, FL – Colliers has announced the establishment of a new specialized retail investment team named the Milano & Coccodrilli Retail Investment Team. This initiative is spearheaded by industry veterans Mike Milano and Nicholas Coccodrilli, who bring a combined total of over 45 years of experience in the retail investment sector to the firm. The team will primarily operate across Tampa Bay, Central Florida, and Southwest Florida, catering to the needs of retail investors in these areas.
The expertise of the Milano & Coccodrilli Retail Investment Team is reflected in their impressive track record, which includes over $5 billion in completed transactions. Their focus will be on facilitating investments in multi-tenant retail strip centers as well as retail properties that include mixed-use components.
Mike Milano serves as the executive vice president of retail investment services for Colliers, having spent more than 30 years with the company. He has successfully brokered transactions valued at over $3.7 billion and is frequently recognized as one of the top producers in the firm. Milano has also previously led the Central Southwest Florida Retail Investment division, where he honed his expertise in the local market.
Nicholas Coccodrilli holds the position of senior investment analysis director within the retail investment services division. He has facilitated more than $1.3 billion in deals over the past decade, working closely with both institutional investors and boutique family offices throughout the United States. Coccodrilli’s extensive knowledge and experience in the retail sector are expected to bolster the team’s operations significantly.
Milano and Coccodrilli’s collaboration has previously resulted in noteworthy transactions, including a prominent deal involving the sale of 115,899 square feet of retail and office space at Tampa’s Grand Central at Kennedy, valued at $38.1 million. Such high-profile partnerships exemplify their strong capabilities in managing significant retail investments.
The formation of this specialized team underscores Colliers’ commitment to enhancing its retail investment offerings and support for diverse investors on a national level, with a particular emphasis on the targeted regions of Tampa Bay and Central Southwest Florida. The team aims to navigate the evolving landscape of retail real estate, providing tailored solutions that respond to the specific needs of clients in these markets.
In recent years, the retail investment landscape has seen various shifts, prompting investors to seek expert guidance. With their combined experience, Milano and Coccodrilli are positioned to provide valuable insights and strategies that address these changes, ensuring that retail investors can make informed decisions in this dynamic environment.
Moreover, the establishment of the Milano & Coccodrilli Retail Investment Team aligns with broader trends in the retail sector, particularly the growing popularity of mixed-use properties that integrate retail with residential or office spaces. By focusing on such investment opportunities, the team aims to capitalize on the evolving demands of consumers and investors alike.
Overall, with the launch of the Milano & Coccodrilli Retail Investment Team, Colliers takes a significant step towards reinforcing its position in the retail investment market. The team’s extensive experience and proven track record may serve to attract and support a wide range of retail investors seeking to navigate the complexities of the current market.
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Additional Resources
- TBBW Magazine: Colliers Launches Retail Investment Team in Florida
- Wikipedia: Real Estate Investment
- St. Pete Catalyst: Investment Firm Purchases Ford’s Garage Retail Space Downtown
- Google Search: Retail Real Estate Investment
- Business Observer: 14,000 Square Foot Retail Space Near Rays Stadium Site Sells for $24M
- Google Scholar: Retail Investment
- CoStar: Colliers Launches Florida Retail Investment Team
- Encyclopedia Britannica: Retail Real Estate Investment
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- Google News: Retail Investment News
