Some of us speak Greek, Spanish, French or Mandarin, in addition to English. We think that if we can speak these other languages, surely we can speak real estate. But that’s where we’re wrong. See, not everyone can speak real estate. That’s why it’s important to work with a tenant ... Read More
20
Feb2014
In late 2013, we moved into a really nice new office space. You probably think it was a slam-dunk, since office space is what we do for a living. We might know our stuff, but that doesn’t mean our search was a piece of cake. For one reason or another ... Read More
February 20, 2014Lynn Drake
24
Jan2014
Crain’s Business recently had an article about Oakland County Executive L. Brooks Patterson. I’m a huge fan of Patterson, but have to admit I was a bit perplexed when I saw his comments about Dan Gilbert. According to Patterson, Gilbert’s move to recruit suburban firms to move downtown seemed to ... Read More
January 24, 2014Lynn Drake
04
Dec2013
Last month there was a blog asking which areas were growing across the US. With all sincerity I responded that Detroit was a growth market. The person who posted the question asked me how many construction sites I saw in this area. I could tell he thought I was pulling ... Read More
December 4, 2013Lynn Drake
27
Sep2012
Most of my career the vacancy rate in the City of Detroit has been extremely high. Yet as 2011 turns into 2012 we see the City of Detroit making real progress with occupancy. According to Co-Star which measures all of the statistics Detroit is seeing improvement quarter over quarter. The ... Read More
September 27, 2012Lynn Drake
08
Jun2011
Any number of us could write a new chapter to Richard Farina’s book, “Been Down So Long it Looks Like Up to Me,” from the 1970s. This last down cycle took us down – almost to the railroad tracks and had us hunting for the old tune by Nancy Sinatra ... Read More
June 8, 2011Lynn Drake