Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
Unlocking Hidden Value – The Hudson Building
Eric Szerlag first began working with the owner of the Hudson Building around 2012. The 21,000 square building is a former industrial building that the owne…
How to use a 1031 Exchange
With a 1031 exchange, you can strategically defer taxes by reinvesting the sale of an asset into a comparable one, unlocking potential for further growth.
Turning a Local Landmark into a New Opportunity: The Brose Electric Success Story
This one hit close to home. Literally. I live just a mile and a half from Brose Electric, and for my whole life I’ve known the building, the inventory, the B…
Tax Considerations for Generational Wealth Planning: What Property Owners Need to Know
Hi, I’m Mark Schafer with The Thomas Duke Company. Today, I want to talk about an important topic for property owners: generational wealth planning and the t…
Creative Solutions in a Tight Industrial Market
Hi, I’m Mark Schafer with The Thomas Duke Company, here to give you an update on the industrial real estate market in Southeastern Michigan. If you’ve been p…
Leasing Success: 8 Mile Crossfit
Several years ago, I helped a client and friend purchase a multi-tenant building in Livonia. After the transaction closed, he mentioned that if one of the bu…
Q1 2024 Power Broker Deals Winners
Mark Szerlag and Eric Szerlag win Costar’s Q1 2024 Power Broker Quarterly Deals Award! CoStar Group, Inc., the leading provider of commercial real estate inf…
Satisfaction — More than a Transaction
The sale of 7120 Haggerty Road in Canton is so much more than another successful transaction in the books. It’s the deep satisfaction of helping a client mak…
The Engine is Integrity
“Integrity” might be the best word to describe the sale of 218 Main Street in Plymouth. Integrity of two kinds. First, with the sale we helped preserve the h…
Overcoming Obstacles
The South Fountain View Office Center on Inkster Road in Southfield sold on March 14th, 2024, for $7,455,000.00, which translates to a 7.9% cap rate and appr…
The Art of Relationship-Driven Real Estate
In 2003, I called a potential client and asked him to meet me at a 5-unit strip center in Farmington Hills. For years I’d been proposing property purchases t…
In a Challenging Market, Creativity is King
In a market of rising interest rates and the uncertainty that it brings, the Thomas Duke Company’s Jordan Schafer and Dave Tesch successfully brokered the sa…