Blog

News, insights, and success stories from Southeast Michigan's commercial real estate market.

Asking Price – Not the Only Element
Brokerage July 12, 2023

Asking Price – Not the Only Element

My client needed a building right away—the kind of challenge I like. But he needed a light industrial building—the kind of challenge that, in this market, ma…

Continued Success in the Restaurant Market
Brokerage Success Story March 23, 2023

Continued Success in the Restaurant Market

Andrew Goble and Eric Szerlag of the Thomas Duke Company are pleased to announce the successful sale of a prominent property located at 32704 Grand River in …

Trading Stress for the Best
Brokerage Success Story March 21, 2023

Trading Stress for the Best

A longtime insurance business in the South Lyon community was ready for a move to Brighton. The business had grown enough that purchasing a building, rather …

Earned Luck
Brokerage March 1, 2023

Earned Luck

“Are you sure I’m getting a good deal at $20.00 per square foot?” My longtime friend and client was about to sign the purchase agreement on a 22,760-square-f…

A Race Against The Bank
Brokerage February 16, 2023

A Race Against The Bank

Every multi-family property owner in Wyandotte knows the building. So when the owner decided to move out of state and to sell, we knew our marketing would ge…

Best Year Yet
Brokerage Success Story January 24, 2023

Best Year Yet

Really. Despite swings in the stock market, rising interest rates, inflation, supply-chain bottlenecks, and the lingering effects of the pandemic, the Wester…

Sometimes It Is Who You Know
Brokerage January 4, 2023

Sometimes It Is Who You Know

When I heard that a large RV storage lot on Ann Arbor Road in Plymouth was for sale—again—I was optimistic. And skeptical. I had a client who had tried to bu…

Promises Made, Promises Kept
Brokerage October 18, 2022

Promises Made, Promises Kept

“Hello, Steve. I’m calling to keep my promise.” On the phone was a man who had asked me to list his Livonia car sales and repair shop in 1998. After we had b…

Selling the Unsellable
Brokerage October 12, 2022

Selling the Unsellable

Nothing about the property looked unsellable: A 24,000 square-foot light industrial building on 3.39 acres on Michigan Avenue in Canton Township. With the hi…

Consistency. The Thomas Duke Co Approach.
Brokerage September 8, 2022

Consistency. The Thomas Duke Co Approach.

The business of commercial real estate can be wildly inconsistent. Markets swing. Interest rates jump or creep, up or down. Property regulations change. What…

Another Multi-Family Success
Brokerage September 7, 2022

Another Multi-Family Success

JUST SOLD! 100% Occupied 8-unit Apartment Building The Thomas Duke Company and Adam Reid are pleased to announce the sale of Peach Tree Apartments in Westlan…

A “Simple” Deal
Brokerage August 29, 2022

A “Simple” Deal

It’s just like the rest of life. In commercial real estate deals, proposed solutions that look simple on the surface usually aren’t. Lift the lid, and you’ll…