There is nothing quite as important as keeping your business running even during an emergency. In early 2020, with the spread of Covid-19, many emergency plans had to be executed. In this series, we will look at the kinds of emergency procedures that should be included in your businesses plan. ...
January 11, 2021Lynn Drake
I interviewed Kasturi Bagchi on negotiating commercial real estate mortgages for my new podcast "Exploring Business and Life".Bagchi is a partner at Honigman, LLP. She specializes in the details of mortgages through counseling clients. Bagchi helps clients by spotting and resolving issues to help close real estate transactions in a ...
January 5, 2021Lynn Drake
2021 Has Arrived! Looking back, it’s clear that 2020 will be a year we will always remember. Some happy and some sad memories will linger. The world was at war with Covid. While it appeared to only affect our seniors at first, the second wave seemed to hurt so many people. ...
January 4, 2021Lynn Drake
What Do You Think? Motor City Dance Factory was transformed from an outdated flex building to a contemporary dance studio by the owner, Camille Johnson.
December 17, 2020Lynn Drake
Surround Yourself with Like-Minded People Unless your current friends own businesses, you will get a lot of flak from them about owning your own business. Friends like their friends to be like them. They may worry about your ability to pay your bills or balance your life. Don’t let their good intentions hold you back! Find new friends who ...
December 15, 2020Lynn Drake
The third quarter of 2020 has been a difficult time for the office market. The number of vacant offices is expected to increase throughout 2020 and 2021. This is due to the decreasing demand for traditional office space, as well as the high unemployment rate in this sector. After COVID- ...
December 4, 2020Lynn Drake
This community is working hard to attract tourists by hiring artists to install art installations. The building was located in an historic neighborhood, so I was surprised they allowed it to be painted. Of course, all of the UK is pretty much historic! What Do You Think About This? Let me know ...
December 3, 2020Lynn Drake
After an earthquake devastated the city, the businesses needed a safe place to sell their wares, so a container village of shops was set up. The locals liked the village so much that they kept the stores even after the area had been renovated.
November 23, 2020Lynn Drake
The third quarter of 2020 has been relatively stable for the Detroit industrial market. Despite enduring the coronavirus pandemic, year-over-year net absorption was over 1.5 million SF in Q3, and the vacancy trend has remained flat. This is likely because industrial facilities that supply to essential businesses were allowed to ...
November 20, 2020Lynn Drake
Vacant flex space in Detroit converted into a fun space for the Girl Scouts. The space behind the desk is an actual cabin where the girls meet to work on special projects.
November 17, 2020Lynn Drake