September 19, 2020 – Troy, Mich. — One of Michigan’s most respected woman-owned commercial real estate companies, Compass Commercial / ITRA Global is celebrating its 10-year anniversary this month while also expanding both its team and service offerings.
Founded by Lynn Drake in 2010, the Troy-based firm specializes exclusively in tenant representation for local and national clients with a focus on new office, medical office and industrial clients. Drake, who is president of Compass, has more than 35 years experience in commercial real estate.
Joining the company this year will be Patrick Balice, a long-time manager at DTE Energy. He will take on the role of vice president of sales and operations.
For her work at Compass, Drake has received many honors including being named to the Midwest Commercial Real Estate Hall of Fame by Midwest Real Estate News, being named an Entrepreneur of Distinction by Corp! Magazine and receiving an Outstanding Achiever award by CEED Microloan of Oakland County.
Drake is part of Power of 100 Women, an initiative of Michigan Women Forward focused on supporting Michigan’s women business owners. She is also a graduate of the Goldman Sachs 10,000 Small Business program.
Compass clients have included the State of Michigan Department of Technology Management and Budget, Comcast, Beaumont Hospital and the Leukemia Lymphoma Society. The firm is certified as a Women Business Enterprise (WBE) and Woman Owned Small Business (WOSB).
One of the company’s clients, Misty Delegato of Relevar Home Care and Alivity Care Advocates, called Drake “crucial to finding and getting the building I was looking for,” adding that Drake “went above and beyond” to help secure what was needed at the best price.
“I have worked hard to succeed in a heavily-male dominated industry,” Drake explained. “I take pride in being in an elite group of 5 percent of the females practicing commercial real estate.”
In addition to her work at Compass, Drake has focused on volunteering for various organizations including the Girl Scouts of Southeastern Michigan, which honored her in 2013 with a “One Tough Cookie” recognition for helping Girl Scouts work on their Gold Award, the highest honor a Girl Scout can achieve.
An author of the book “Do you speak lease?” Drake remains proud of her company’s focus on always maintaining “truth north” when it comes to helping her corporate clients.
Balice spent more than 40 years with DTE as a principal business analyst, helping its customers with power transmission, lighting, survey and electric planning. A graduate of Central Michigan, Balice’s background in industrial business management will assist Compass as the firm begins to offer construction management services next year.
About Compass Commercial and ITRA Global
Compass Commercial, LLC, as the exclusive Detroit affiliate of ITRA Global, is a Troy, Michigan-based company specializing in all phases of tenant representation for local, national and international clients. President Lynn Drake’s years of corporate real estate experience allows Compass to help entrepreneurs and executives identify the right space at the right cost. Contact Lynn Drake at 248.817.5400 or visit www.compass-commercial.com.
ITRA Global is an organization of real estate professionals specializing in representing tenants and buyers in the leasing, acquisition and disposition of office, industrial and retail facilities. With coverage in major markets around the world, ITRA Global is one of the largest organizations dedicated to commercial real estate tenant and buyer representation. Clients benefit by having an experienced professional as their trusted advisor, providing conflict-free representation with total objectivity. Contact Beth Wade, Executive Director, at 706.654.3201 or visit http://www.itraglobal.com/.
Media contact: Sue Voyles, Logos Communications, Inc. • 734-667-2005 • [email protected]