Lynn Drake

Lynn Drake Email and Phone Number

Commercial Real Estate Services | Motivational Speaker | Author @ Compass Commercial LLC
Lynn Drake's Location
Detroit Metropolitan Area, United States, United States
Lynn Drake's Contact Details
About Lynn Drake

People often ask me why I chose a career in commercial real estate. The reasons are twofold. Real estate is like a big puzzle that one must figure out all the pieces to do it correctly, but more importantly I enjoy helping business owners.A part of my career was spent in corporate real estate, leasing excess industrial real estate across North America. This position also involved finding new locations for my employer to expand. In this experience I often found tenants didn’t understand the liabilities they were taking on by signing leases. I also spent time managing real estate acquisition work for a fortune 500 corporation. In this position I managed all their real estate for over 1,000 locations. Two valuable lessons learned were: 1. If you only pick one location to focus all your attention on, it will disappear. 2. A bad lease can cost a firm more money then a high rental rate. In 2000 I climbed Mt. Tahepia in Butte Montana and it was at summit I decided to leave corporate real estate and move to commercial brokerage.The first two firms I worked at as a broker, I represented both sides of the transaction. When I came back from showing a tenant an office listing I was told I should do whatever it takes to put that tenant in the building, even if they were not interested.The State law in Michigan requires that if you have a listing the rights of the landlord come before the tenant. It didn’t take long before I realized this wasn't going to work for me. This caused me to move to a tenant rep firm however after 7 years working at this firm I decided to branch out and open my business, now called Compass Commercial.Compass Commercial’s mission is to protect businesses by representing only tenants and buyers. I have found this work to be very fulfilling to me. I am always looking for ways to save my clients money and make sure the business points in the lease contract are in alignment with the needs of my clients.Certified WBE & WOSB

Lynn Drake's Current Company Details
Compass Commercial LLC

Compass Commercial Llc

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Commercial Real Estate Services | Motivational Speaker | Author
Lynn Drake Work Experience Details
  • Compass Commercial Llc
    Founder
    Compass Commercial Llc Aug 2010 - Present
    Troy, Michigan, Us
    Compass Commercial:• Provides cost saving real estate solutions for entrepreneurs and nonprofits by helping them lease, renew or purchase commercial buildings. • Online Commercial Continuing Education Classes for noncommercial agents and business owners who want to understand how to complete a commercial real estate transaction. Available January 1, 2024 • Online step by step operating procedures on how to manage the following types of commercial transactions: lease or purchase acquisition, listing/subleases for office or industrial real estate transactions. Available late 2024• Commercial Real Estate Consulting• Speaking Engagements: commercial real estate or motivational speaking
  • Compass Commercial Llc
    Owner & Broker
    Compass Commercial Llc Apr 2010 - Present
    Troy, Michigan, Us
  • Do You Speak Lease?  By Lynn Drake
    True North Publishing President And Author
    Do You Speak Lease? By Lynn Drake Sep 2017 - Present
    If you are a prospective tenant or someone who wants to learn how to lease or buy commercial real estate by yourself, these books will teach you what you need to know.
  • Ugl Equis, Cushman Wakefield
    Associate Vice President
    Ugl Equis, Cushman Wakefield Mar 2004 - Aug 2010
    I helped companies with their commercial real estate. Theses services include: finding new locations, lease renewals, buyer representation, sublease and sale lease backs. We do not represent landlords because that causes a conflict of interest if your firm represents both the landlord and the tenant.
  • Kelly Services
    Director Of Real Estate
    Kelly Services 1996 - 2001
    Troy, Michigan, Us
    Managed all real estate activities for Kelly Services. Responsible for 1,000 branch locations which included: lease renewals, lease relocations, property management, lease review, move management, while managing a budget of $50M annually.
  • Ameritch & Nextwave
    Manager Of Acquisitions
    Ameritch & Nextwave 1993 - 1996
    Managed the acquisition and zoning for cell tower before the government mandated that cell towers must be allowed in all communities. Acquired and zoned over 300 towers in Michigan and Massachusetts.
  • Central Transport
    Real Estate Associate
    Central Transport 1987 - 1992
    Warren, Mi, Us
    Acquired or leased: warehouses, truck terminals, office building, retail outlets, houses and land across North America. Responsible for finding tenants for excess industrial properties.
  • Thyssenkrupp
    Accountant
    Thyssenkrupp 1976 - 1984
    Essen, De
    Worked as a bookkeeper for various firms and then after getting my degree in accounting spent several years working as an accountant preparing financial statements for Thyssen Steel.

Lynn Drake Skills

Real Estate Leases Commercial Real Estate Tenant Strategic Planning Location Intelligence Property Management Selling Brokerage Contract Negotiation Landlords Lease Administration Sales Management Negotiation Real Estate Economics Tenant Representation Real Estate Transactions Entrepreneurship Working With Tenants Budgets Corporate Real Estate Small Business Leadership Lease Negotiations Dispositions Relocation Disposition Buyer Representation Mergers And Acquisitions Financial Analysis Retail Land Acquisition Real Estate Financing Budgeting Site Selection Property Shopping Centers Acquisitions

Lynn Drake Education Details

  • Oakland University
    Oakland University
    Concentration Accounting
  • Core-Net
    Core-Net
    Commercial Real Estate
  • Goldman Sachs 10,0000 Businesses
    Goldman Sachs 10,0000 Businesses
  • Oakland University School Of Business
    Oakland University School Of Business
    Business And Accounting

Frequently Asked Questions about Lynn Drake

What company does Lynn Drake work for?

Lynn Drake works for Compass Commercial Llc

What is Lynn Drake's role at the current company?

Lynn Drake's current role is Commercial Real Estate Services | Motivational Speaker | Author.

What is Lynn Drake's email address?

Lynn Drake's email address is ld****@****ial.com

What is Lynn Drake's direct phone number?

Lynn Drake's direct phone number is +124845*****

What schools did Lynn Drake attend?

Lynn Drake attended Oakland University, Core-Net, Goldman Sachs 10,0000 Businesses, Oakland University School Of Business.

What are some of Lynn Drake's interests?

Lynn Drake has interest in Social Services, Kids, Children, Montana, Reading, 2006 Completed Sprint Triathlon, Kensington.

What skills is Lynn Drake known for?

Lynn Drake has skills like Real Estate, Leases, Commercial Real Estate, Tenant, Strategic Planning, Location Intelligence, Property Management, Selling, Brokerage, Contract Negotiation, Landlords, Lease Administration.

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