Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
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 …
The leasing market still strong.
The market in commercial real estate hit hardest by the pandemic has been office and retail tenancy. Given all the closings and constrictions on business, th…
A Year in Review.
As 2020 has come to a close, I have looked back at my year in review. 2020 was certainly a year like no other. For the office space commercial real estate wo…
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…
Surprisingly Smart
One apartment building. Three different investors. All three thought they’d made a smart investment, but each was surprised at how smart! When Dave Tesch sol…
The Breakroom: Offering Fresh Food Convenience To Our Tenants
During the first few months of 2020, we began conceptualizing a new cafe for our Liberty Center building in Troy. Because the previous operator we had wasn’…
Trusting Intuition
Other brokers said the asking price was too high. But intuition told the Thomas Duke Company’s Mark Szerlag and Eric Szerlag that the price at which they lis…
A New Record – Again!
After his recent record-breaking sale, Adam Reid thought surely the price-per-door for a multi-family property in his team’s region couldn’t go any higher. T…
Maybe Not So Crazy
Sell a distressed asset in the middle of a global pandemic. That sounds difficult, if not downright foolish, right? But Andrew Battersby and his client prove…
Third Time’s Not Always a Charm
When the owner of a multi-tenant building in Livonia asked Steve Valli to sell the property, Steve took a deep breath. Twice before he’d been asked to sell t…