February 5, 2025

Thomas Duke Company Secures Acquisition of Premier Grosse Pointe Property

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On behalf of our client, we’re excited to announce the successful acquisition of Kercheval Place, a premier mixed-use property situated in the vibrant center of Grosse Pointe’s Village.

This notable property encompasses 76,148 square feet and is home to prominent retailers such as Trader Joe’s, Starbucks, Ann Taylor Loft, Merrill Lynch, Corwell Health, and Pet Supplies Plus. With plentiful parking and easy access to local dining, shops, and grocery options, it presents a strong proposition for both retailers and customers alike.

James Porth, Partner at Thomas Duke Co., expertly represented the buyer throughout this transaction, navigating challenges that included coordinating with various tenants and securing financing under stringent deadlines.

In addition to representing our client in the purchase of this investment, Thomas Duke Co. will oversee the property management.  John M. Bridges, CPM and our dedicated Property Management team will handle the day-to-day operations ensuring the property remains profitable and well-maintained.

Our strategic planning and clear communication ensured a seamless transaction, allowing the buyer to fully capitalize on this remarkable opportunity.

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