Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
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Hidden in Plain Sight
The retail space wasn’t listed on any commercial real estate site. Other tenants in the shopping plaza didn’t know it was available for lease. Nor did broker…
Historic Corner Finds New Life
In Rochester, the building at 440 South Main Street is a commanding presence. Its brick structure and sweeping views make it a sort of guardian over the hist…
The Lake Plays
A multi-family property—on a lake! Joe Evangelista knew that the location and the market demand for apartments could make this listing a rare and promising o…
We Can Sell It — Regardless!
Thomas Duke brokers Steven Valli and Adam Reid met with the owners of a 28,000 square-foot shopping center in Canton, Michigan. They’d inherited the property…
When the Ducks Fly
Good organization—having one’s ducks in a row—is critical for getting a deal successfully to the closing table. Also, being able to adapt when the ducks fly.…
Doing Right by a Family Portfolio.
Back in 1970, the price tag on a new Chevy Corvette was less than $6,000, and the gas to drive it down Haggerty Road – which was unpaved – cost 36 cents a ga…
A Cut Above
After months of talks in a turbulent Covid market, the incoming tenant at a Rochester property we represent walked away from a lease agreement. But you know …
The One that Almost Got Away
Sell an office building during a pandemic. Not the easiest assignment of the year. But Joe Evangelista and Dave Tesch also knew the old adage “location, loca…
Seeing it Through
To say 2020 was a challenging year for the sale of investment industrial property is an understatement. Despite record low interest rates, COVID constriction…
Silver Lining.
Like all office/retail centers, Carriage Park in Canton was feeling COVID’s punch. A 2,500-square-foot suite in the building had been vacant for more than a …
Attention to Detail
For more than two years, the owner of a 20-unit motel with an attached restaurant struggled to sell the property on his own. Several interested buyers approa…
In it for the Long Haul.
Quick turn arounds and dazzling sales: That’s been the main story line lately in commercial real estate. While the economy at large has struggled with busine…