Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
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 th…
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 loc…
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 neigh…
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 …
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 properti…
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…
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 …
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…
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 …
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 pro…
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 Foundati…
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 …