Here are some before and after shots of Rivard Plaza in Detroit, MI.
“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
20
Sep2019
Yoga on the river is jam packed and becoming more popular in the evolving city of Detroit.
September 20, 2019Lynn Drake
20
Sep2019
Thunder Bird Lanes Transformed from a bowling alley to this beautiful office in Troy, MI.
September 20, 2019Lynn Drake
17
Sep2019
A letter of intent is a document in which you spell out the terms according to which you would agree to buy a building. I advise that you hire an attorney or have your real estate agent assist you in creating this document, as this will be a binding agreement. ... Read More
September 17, 2019Lynn Drake
05
Sep2019
Meet the Landlords: Cave Man, Business Man, and Super Man
They are all commercial real estate landlords. If you don’t learn anything about them before you lease space, you might be making a leasing mistake.
Why do you need a commercial agent? Let me share a few things about the kinds of ... Read More
September 5, 2019Lynn Drake
03
Sep2019
Sometimes owners won’t provide much information about their tenants, etc. until they know you are serious about the building. Or, they might want you to sign a confidentiality agreement in which you agree not to share any information you learn about the building. This might require you to put out a binding ... Read More
September 3, 2019Lynn Drake
29
Aug2019
The fish festival is a fun time every year in Detroit as seen in the photo below.
August 29, 2019Lynn Drake
22
Aug2019
Whimsical statue in a front yard. I really love formal gardens like this.
August 22, 2019Lynn Drake
20
Aug2019
Commercial buildings are priced based on 3 criteria:
replacement value with a deduction for depreciation (also called obsolescence), which is usually based on the age of the building the cost per square foot of sales of similar buildings a value of the cash flow and its return, which is called the ... Read More
August 20, 2019Lynn Drake
13
Aug2019
Meet the Landlords: Tom, Dick, Harry, and Pat
They are all commercial real estate landlords, and if you don’t learn anything about them before you lease space, you might make a leasing mistake—a mistake that will cost you lots of extra money and stress!
My clients often ask me if they need ... Read More
August 13, 2019Lynn Drake
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