Lighthouse Commercial Real Estate
Every month, Lighthouse Commercial Real Estate features a lighthouse. These lighthouses have guided many a captain safely to port. These magnificent beacons and their operators are an important fabric of American industry and we simply love to share their stories.
Algoma Pierhead Lighthouse
The cast-iron Algoma Pierhead Lighthouse was built in 1908 to replace a set of range lights that had illuminated the shores of Lake Michigan.
The 26-foot tower received a fog signal in 1910 and that was the only major improvement until 1932. That year, officials declared the tower was too short to be effective. Instead of building a new tower, though, engineers added a 16-foot-tall section to the tower, bringing its height up to 42 feet.
The U.S. Coast Guard automated the tower in 1973. It is still an active aid to navigation, and is closed to the public.
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We are very passionate about lighthouses. With today’s technology and services such as GPS there isn’t the same need for actual lighthouses that there once was. Having said that, when times are most difficult and the stormy seas erupt, it is not uncommon for electronics and communications to be knocked out of commission. Even today, a captain in distress will seek out the lighthouse on shore for clear direction and safe harbor.
We love the lighthouse analogy for commercial real estate. Captains of industry, even with the most thought out plans and experience, can find themselves in troubled seas. Uncertainty in life can arrive at any occasion. Our mission at Lighthouse Commercial Real Estate is to be that clear beacon of hope and trust that you need when clear direction is needed most. Your business life may depend on the commercial real estate decisions you make.
Read the Lighthouse Commercial Real Estate story here, and please join our community, Captain.