Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
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
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
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. …
Timing Is Everything
2016 brought The Western Wayne County Team at the Thomas Duke Co. another successful year of commercial real estate. Some of the past year’s most notable dea…
Challenging property to sell? Not a problem for Steven Valli
After two firms were unsuccessful in selling a 1.3-acre parcel in Canton Township, the owner enlisted the help of Steven Valli. The property was in a great l…
Frank Rakipi negotiates the sale of the Shooter’s Service Building in Livonia, Michigan.
When the owners of a long-standing business decided to sell their building, they called on a trusted name: Frank Rakipi of the Thomas Duke Company. The 14,48…
Flat Rock Plaza Revitalized with New 40,000-square-foot Family Farm and Home Retail Store
We’re pleased to announce the arrival of Family Farm and Home in Flat Rock, Michigan. The 40,000-square-foot lease was signed at 27313 Telegraph Road, and th…
Weighing the Options
When Mack Kim’s lease was about to expire, the owner of Beauty Spot Cosmetics and Beauty Supply wasn’t sure whether he should renew his lease, find a new loc…
Turning Vision into Tangible Results
A local investor with an East Lansing portfolio noticed that the Michigan Avenue corridor in that growing university town is sprucing up. Glimpsing the neigh…
Looking for Four-Leaf Clovers
It seemed like a search for a four-leaf clover. A client came to us with cash she wanted to invest in a four to six-unit apartment building. She’d had her …
The Bad News and the Good News
Bad News / Good News. That was the situation facing one of Ann Arbor’s leading property owners recently. The good news: One of his profitable retail properti…
Bidding Wars…
Bidding wars – they’re becoming a commonplace for us at the Thomas Duke Company. Our West Side team recently brokered a competitive negotiation over the sale…