Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
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
“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
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.
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
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
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…
More Sweet than Bitter
When people ask me, “What’s the best part of your job?” my answer is immediate. Hands down, it’s the people I meet. Dave and Pam Cook are a perfect example. …
A Shifting Market – Dearborn Market Update
It has been a robust year for commercial property sales in the Dearborn/Dearborn Heights area. In the past 6 months, 54 buildings have sold with an average …
Sometimes Good Luck Hides in the Bad
It seemed like such bad luck. A client called to say that the tenant I placed in his retail building located at 1739 Telegraph Road in Bloomfield Hills three…
RX for a Smoother Retirement Road
The road into retirement isn’t often smooth, but it can be an especially bumpy route for medical and dental professionals. The complexity of putting aside a …
Flood Assistance
We knew that when we put this property on the market, the floodgates would open. That was a blessing—and a challenge. Its location at 23365 Woodward Avenue, …
Your Best-Case Scenario
When the owner of Summit Auto Sales in Pontiac was ready to retire, he knew he owned a valuable piece of real estate. He didn’t realize just how valuable unt…