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NEWS

Looking for Four-Leaf Clovers


It seemed like a search for a four-leaf clover.   A client came to us with cash she wanted to invest in a four to six-unit apartment building. She’d had her eye on a ...

Stockbridge Enterprises Chooses the Thomas A. Duke Company


After years of trying to manage them alone, the ownership of Stockbridge Enterprises decided it was time to seek out leasing and property management professionals for two of its premier shopping centers. They chose ...

The Bad News and the Good News


Bad News / Good News. That was the situation facing one of Ann Arbor’s leading property owners recently. The good news: One of his profitable retail properties was under contract for sale, not only ...

Bidding Wars…


Bidding wars – they’re becoming a commonplace for us at the Thomas Duke Company. Our West Side team recently brokered a competitive negotiation over the sale of a five-apartment, three-retail-unit building in downtown Whitmore ...

Below-the-Radar Student Sale in Ann Arbor, Michigan


The Thomas Duke Company recently achieved a below-the-radar package sale of three student housing properties in Kerrytown and the central campus area of Ann Arbor. The seller sold the properties to Michigan Rental LLC. ...

Momentum


Here’s one more example of the momentum in the current seller’s market: The owner of a 28,000-square-foot light industrial building in Dearborn Heights asked Steven Valli and Frank Rakipi of the Thomas Duke Company ...

Challenge – Compounded!


“I need to sell my building by this date!” That was the urgent challenge the owner of a medical building in Romulus gave to Steven Valli and Frank Rakipi of the Thomas Duke Company. ...

Timing the Open Window


A four-tenant automotive building, built in 2005. Fully leased. Zero deferred maintenance. A cakewalk for the property owner. Why sell? The owner of this property, a seasoned real estate investor, knew the market was ...

From Insurmountable to Ideal


Most nonprofits are passionate about spending every dollar possible on promoting their cause rather than on covering overhead costs. National Energy Foundation is no exception. When the staff decided to move from the Atrium ...

Opportunity Knocks for Office Property Owners


What an unusual year 2015 was for office properties in Brighton: Zero sales! Not because of a shortage of buyers. And given the strength of the economy, not because they were scared off by ...