Blog

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

Assisting Transitions in Farmington
Brokerage July 30, 2018

Assisting Transitions in Farmington

After 40 successful years on Orchard Lake Road, the family owners of Dan’s Subs were ready for a new chapter. They wanted to sell the building—but without th…

A True Story of Value Add and its Rewards Part 3: The Deal.
Property Management April 26, 2018

A True Story of Value Add and its Rewards Part 3: The Deal.

Once we had created tremendous new value and interest in a once-obsolete building, it was time to close the big deal for our client. With his insider knowled…

Service From A to S
Brokerage April 23, 2018

Service From A to S

Sound, successful real estate service requires a whole alphabet of expertise. Start with Acquisition expertise. Thanks to the Thomas Duke Company’s many rela…

A True Story of Value Add and its Rewards Part 2 – Repositioning
Property Management April 17, 2018

A True Story of Value Add and its Rewards Part 2 – Repositioning

With the acquisition complete, it was time for the Thomas Duke Company to add value. Imagine what we started with: heavily partitioned offices with tiny, dar…

A True Story of Value Add and its Rewards
Property Management April 11, 2018

A True Story of Value Add and its Rewards

Transformation is rarely quick and easy. The process is full of challenges and risks. But with perseverance—and, in this case, expert help—the end result mor…

The Right Team for the Job
Brokerage September 14, 2017

The Right Team for the Job

The Thomas Duke Company successfully leased 50,409 Independence Street in Canton, Michigan, adding Goldwater Bank and The Village Pharmacy to the existing Co…

Two Questions and a Few Answers
Brokerage June 29, 2017

Two Questions and a Few Answers

The apartment market is booming! Two questions apartment owners commonly ask are: • When is the right time to sell? • How do I get the most for my property? …

Polished and Prepared
Brokerage June 28, 2017

Polished and Prepared

Sometimes gems need a little refining before their value is apparent. That’s when a professional’s eye and expertise are essential to making a sale. When the…

RE/MAX Enlists the Help of Adam Reid for Westland Office
Brokerage June 27, 2017

RE/MAX Enlists the Help of Adam Reid for Westland Office

Excited to open the area’s first RE/MAX franchise, the new owners wanted offices on Westland’s main business corridor. They saw a lack of suitable availabili…

One-Stop Shop
Brokerage March 6, 2017

One-Stop Shop

The Catholic Kolping Society of Detroit knew the meeting hall they wanted to sell was a mixed blessing. Its large parking lot made it a rare commodity along …

Wayne County Apartment Trades Hands – Twice
Brokerage February 24, 2017

Wayne County Apartment Trades Hands – Twice

Adam Reid of the Thomas Duke Company sells a 5-unit apartment building in Garden City – twice – within 90 days. Initially, two partners had reached out to Ad…

Simple Economics
Brokerage February 14, 2017

Simple Economics

It’s Economics 101, a simple case of supply and demand. But a lot of apartment building owners are missing the lesson—and the windfall that could be theirs. …