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NEWS

“Location, Location, Location” OR “Timing is Everything?”


The Thomas Duke Company has closed another transaction in Novi. The seller of this vacant 1.38-acre parcel on Grand River purchased the property back in 2006 and obtained site plan approval for an 8,000 ...

One-Stop Shop


The Catholic Kolping Society of Detroit knew the meeting hall they wanted to sell was a mixed blessing. Its large parking lot made it a rare commodity along the Nautical Mile in St. Clair ...

Wayne County Apartment Trades Hands – Twice


Adam Reid of the Thomas Duke Company sells a 5-unit apartment building in Garden City – twice – within 90 days. Initially, two partners had reached out to Adam Reid after hearing about his ...

Simple Economics


It’s Economics 101, a simple case of supply and demand. But a lot of apartment building owners are missing the lesson—and the windfall that could be theirs. Here are the basics: near-record-low interest rates, ...

Timing Is Everything


2016 brought The Western Wayne County Team at the Thomas Duke Co. another successful year of commercial real estate. Some of the past year’s most notable deals were:     40,000 square foot lease ...

Challenging property to sell? Not a problem for Steven Valli


After two firms were unsuccessful in selling a 1.3-acre parcel in Canton Township, the owner enlisted the help of Steven Valli. The property was in a great location but needed a fresh approach in ...

Frank Rakipi negotiates the sale of the Shooter’s Service Building in Livonia, Michigan.


When the owners of a long-standing business decided to sell their building, they called on a trusted name: Frank Rakipi of the Thomas Duke Company. The 14,480 square-foot building is home to Shooter’s Service, a ...

Flat Rock Plaza Revitalized with New 40,000-square-foot Family Farm and Home Retail Store


We’re pleased to announce the arrival of Family Farm and Home in Flat Rock, Michigan. The 40,000-square-foot lease was signed at 27313 Telegraph Road, and the new location will open later this fall. Eric Szerlag ...

Weighing the Options


When Mack Kim’s lease was about to expire, the owner of Beauty Spot Cosmetics and Beauty Supply wasn’t sure whether he should renew his lease, find a new location to rent, or purchase a ...

Turning Vision into Tangible Results


A local investor with an East Lansing portfolio noticed that the Michigan Avenue corridor in that growing university town is sprucing up. Glimpsing the neighborhood’s vibrant future and wanting to capitalize on it, he ...