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.

27

Sep2015
Is your office rent above the market rate?  Are you effectively utilizing your lease business space?  Have you created adequate competition among landlords for your tenancy?Whether your goal is to relocate your company or simply reduce your occupancy costs, our team will take the time to evaluate your key business ... Read More
September 27, 2015Lynn Drake

08

Sep2015
It is hard to believe that 6 years ago, the thought of forming my own company started with an idea, and just a year later, we were opening our doors. Over the last five years, we have had many great clients.We developed our business, our processes, our staff.  Each year ... Read More
September 8, 2015Lynn Drake

17

Aug2015
Each year, I’m amazed at the new things I see happening with tenants. One of the largest buildings near us in Southfield, has taken the relocation clause to new heights. A tenant in the building worked diligently with their landlord to get their proposed office space just right. No sooner ... Read More
August 17, 2015Lynn Drake

17

Aug2015
Over the past few years, I’ve witnessed firsthand the rebirth of Motor City, the city I call home.   And let’s just say, it’s been amazing to see Detroit pull itself up by its bootstraps and reinvigorate itself! The central business district is vibrant, with new cafes popping up everywhere. ... Read More
August 17, 2015Lynn Drake

09

Aug2015
One thing that really nags at me is the firms out there who claim they’re representing your best interests, when really; they’re doing the opposite.  Many firms out there are simply project managers and construction companies in disguise—not truly tenant representatives.  Confused?  Here’s how this works: you’re looking for space, ... Read More
August 9, 2015Lynn Drake

04

Aug2015
I’m going to be speaking at a conference on disaster recovery in a couple of weeks.  It looks like the universe wanted me to realize that perhaps my plan wasn’t so great after all.  Last week there was a substation fire across the street from our offices in Troy.  Our ... Read More
August 4, 2015Lynn Drake

26

Jul2015
In residential real estate, agents are required to provide you with a statement indicating that they either a) represent you exclusively or b) if they are a dual agent.  Dual agent sounds like something out of a science fiction book, doesn’t it? In the real estate world, it means an ... Read More
July 26, 2015Lynn Drake

12

Jul2015
Hopefully, based on the other articles I’ve written, you had notes in your calendar as to when your lease expires and when you’ll need to provide your landlord a notice of renewal.Questions to Ask Yourself Here are a couple of things to think about/ask yourself. What if your lease states that ... Read More
July 12, 2015Lynn Drake

21

Jun2015
So, your landlord has contacted you about relocating your office, out of the blue. What should you do? I’m not going to mince words here: pull out of the lease right away.  Is there a clause within your lease that allows the landlord to relocate you?  If not, you can ... Read More
June 21, 2015Lynn Drake

07

Jun2015
I once had a client who told me he only wanted to see older, well-maintained buildings. When he found out our offices were in a Class A building, he couldn’t understand why we’d deign to pay the extra money. He asked us: what benefit is there to paying more for ... Read More
June 7, 2015Lynn Drake