Lynn Drake

Lynn Drake’s status is well known in the industry: She’s the commercial realtor focused on maintaining “true north” for her corporate clients. It’s a reputation built on 35 years of commercial real estate experience. Lynn became a commercial realtor in 2001 after 15 years in corporate real estate. Thus far in her career, Lynn has successfully completed over 1,500 real estate transactions ranging from small business tenant leases to the sale and purchase of industrial complexes.

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Jun2023

by Lynn Drake / / Commercial Real Estate
June 21, 2023Lynn Drake

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Jun2023
June 21, 2023Lynn Drake

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Jun2023
Overview Detroit Industrial Heading toward the final days of 2022, Detroit hasn't experienced the surge in logistics leasing and construction comparable to what's occurring in the Inland Empire or Dallas. Still, market conditions continue to work in Motor City landlords' favor. Detroit's industrial leasing is just below the all-time high, which was set in 21Q3, and the ... Read More
June 13, 2023Lynn Drake

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Jun2023
June 8, 2023Lynn Drake

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Apr2023
April 21, 2023Lynn Drake
National Market Report (2)

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Apr2023
Overview Early in 2023, the U.S. office market remains in a state of apprehension. Net absorption was negative in 2022 for the third consecutive year, and vacancy is now well over 300 basis points higher than it was entering 2020. The forecast does not appear brighter, as our baseline scenario calls ... Read More
April 7, 2023Lynn Drake
National Market Report (2)

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Apr2023
Overview Heading into the spring, the Detroit office market, like most office markets nationally, remains uncertain about the amount and location of office space that will be utilized in the future. This has resulted in businesses conducting operational assessments to determine what the actual amount of space is that they'll require ... Read More
April 7, 2023Lynn Drake
National Market Report (2)

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Apr2023
Overview Heading into the spring, Detroit area industrial fundamentals may prove to be more resilient than other regions nationwide. Over the past few years, other metropolitan areas nationwide, notably led by the Sunbelt and Southwest, underwent a sizable surge of logistics leasing and construction. The Detroit area, which also experienced an ... Read More
April 7, 2023Lynn Drake

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Mar2023
While this is not really a secret, it is something most people don’t know about me. Many years ago, I read a book by Rich Fettke, who talked about using extreme sports to boost one’s confidence. Working in an industry that is 95% male, I decided to try this approach. ... Read More
March 31, 2023Lynn Drake
big_shoe-1

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Mar2023
Do you remember the childhood nursery rhyme, “The Old Woman in the Shoe?”  She had so many children, so little space she didn’t know what to do. Well, all her children moved out and she converted her shoe to office space. Then she hired a bunch of Millennials who want to ... Read More
March 29, 2023Lynn Drake