Blog
News, insights, and success stories from Southeast Michigan's commercial real estate market.
Red Hot for Years- Apartment Market Hasn’t Cooled
Red hot for years, the market for apartment buildings hasn’t cooled—even during what has arguably been the biggest business stoppage since the Great Depressi…
Taking the Bull by the Horns
Already roaring, the apartment market is getting even more bullish! In any market, residential-conversion apartments are harder to sell. Plus, the eight unit…
The Lake Plays
A multi-family property—on a lake! Joe Evangelista knew that the location and the market demand for apartments could make this listing a rare and promising o…
No Pandemic Gloom in Downtown Plymouth Real Estate
This is going to sound familiar, and it should:Another Downtown Plymouth user building sold, and in a pandemic to boot. The vintage 1910 building on Mill Str…
We Can Sell It — Regardless!
Thomas Duke brokers Steven Valli and Adam Reid met with the owners of a 28,000 square-foot shopping center in Canton, Michigan. They’d inherited the property…
When the Ducks Fly
Good organization—having one’s ducks in a row—is critical for getting a deal successfully to the closing table. Also, being able to adapt when the ducks fly.…
Welcome Back To Work – What We Are Doing To Help
At Thomas Duke Company, we are confident that when you are able to return to your office, you can do so safely. We have been hard at work keeping our buildin…
Doing Right by a Family Portfolio.
Back in 1970, the price tag on a new Chevy Corvette was less than $6,000, and the gas to drive it down Haggerty Road – which was unpaved – cost 36 cents a ga…
A Cut Above
After months of talks in a turbulent Covid market, the incoming tenant at a Rochester property we represent walked away from a lease agreement. But you know …
The One that Almost Got Away
Sell an office building during a pandemic. Not the easiest assignment of the year. But Joe Evangelista and Dave Tesch also knew the old adage “location, loca…
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 …