Friday, June 23, 2017

NAI Isaac Brings Results Physiotherapy and Marti & Liz Shoes to Regency Centre in Lexington, Kentucky

NAI Isaac Commercial Properties announces two new tenants at Regency Centre in Lexington, Kentucky. Results Physiotherapy specializes in a unique approach to physical therapy deigned to help patients get better, faster - without the use of pain killers or expensive surgeries.  Marti & Liz Shoes, founded in Beaver Dam, KY, provides high quality designer shoes at affordable prices to customers throughout Kentucky, Tennessee, Georgia and North Carolina.  

Paul Ray Smith, Executive Vice President, Jamie Adams, CCIM, LEED AP, Senior Associate, and J.L. Cannady, CCIM, Associate with NAI Isaac represented Weingarten Realty during the lease transactions.  


Monday, June 19, 2017

NAI Isaac Brings Three New Tenants to The Square

NAI Isaac announces the the addition of three new tenants to The Square, located at 401 West Main Street in Lexington, Kentucky. National Thoroughbred Racing Association, Colonial Life, and C-Forward Information Technologies will soon call this location home.  

"The Offices @ The Square is a great opportunity for businesses looking for a downtown location that blends historical architecture with modern comfort, convenience, and amenities.  The site offers a variety of suite sizes and layouts to fit tenants of all sizes." says Jamie Adams, CCIM, LEED AP, Senior Associate with NAI Isaac.  "We've experienced quite a bit of interest in this opportunity and encourage anyone interested to contact us immediately."


Friday, June 9, 2017

Why 2017 Is the Year to Buy Industrial Real Estate


Industrial real estate is on the rise. This year is set to be a record-breaking year for the industry and it is poised to keep growing as the years continue. Industrial real estate spaces are not numerous enough to keep up with the demand of growing businesses.  NAI Isaac, serving Lexington and the surrounding areas, wants you to know why industrial real estate is booming and help you understand why now is the time to buy.

Revival

With the buzz of national infrastructure revival on the rise, and spending on infrastructure on the rise as well, the industrial real estate industry will follow suit. Increased infrastructure spending in the government will have a positive effect on industrial real estate because as improvements are planned and built, warehouses and storage facilities will be in high demand.

E-Commerce

Because online retailers and distributors are surpassing all other physical store-based companies, these businesses are growing and expanding their supply chains to keep customers happy and streamline their service.  Seeing as online retailers store their products in warehouses, with their expansion and growth, the industrial real estate business has exploded. These companies are still growing and developing, and as they expand they require even more of these industrial spaces.

The Government Factor

As mentioned above, the government leaders in place are having an influence on industrial real estate growth. Because of new trade policies and executive orders imposed by the President, many businesses are buying up and renting industrial real estate buildings because of the anticipation of the demand for exports. Supply-chain networks are being reevaluated and rerouted and this will only lead to an even greater increase in the industrial real estate field when these plans and deals are finalized.

At NAI Isaac we specialize in the leasing and buying of commercial and industrial properties. We have a long history of customer satisfaction, and a wide range of real estate experience. Specializing in leasing and subleasing, investment sales, site selection, property management, and numerous other areas of expertise, the team mat NAI Isaac can assure your satisfaction. We provide a mix of expertise and services that will meet your needs and guarantee a return. We are dedicated to providing our clients with the highest level of quality service available. If you are interested in investing in the industrial real estate field, contact NAI Isaac today.

Wednesday, June 7, 2017

NAI Isaac Brokers Sale of +/-33,754 SF Office Building in Lexington, Kentucky

NAI Isaac Commercial Properties recently brokered the sale of a +/-33,754 SF two-story office building located at 1409 North Forbes Road in Lexington, Kentucky. The building was purchased by Fairways Development, LLC. Al Isaac, President and Jamie Adams, CCIM, LEED, AP, Senior Associate with NAI Isaac represented 1409 Building, LLC during the sale. Lamar Hight with The Hight Company represented the buyer.


Thursday, June 1, 2017

Industrial Real Estate Trends to Watch this Year


Everyone knows that the real estate market is both competitive and unpredictable, with its frequent highs and lows that can either make or break a future purchase. Although most view the real estate market in association with more private properties, the same curvatures can be said of industrial real estate properties. When it comes to deciding whether or not to invest in a commercial property, it is important to be aware of the trends in the market for the upcoming year. Keep reading below to brush up on this year’s trends in industrial real estate.

Location

The specific location of commercial real estate is key in both the price of the property and the future success of your industry. Location is most likely the most important factor in making a financial decision for obtaining property. Some may believe that it is crucial to buy in an already, well established location while other business thrive in settings that are still continuing to grow and develop. If you are an industry that frequently distributes product or labor, then acquiring a location close to major roadways and public transportation is an aspect that you will need to look for when surveying possible land. There is much competition throughout the labor market so it is advantageous to make real estate decisions based upon location aspects conducive to the success of your company or business.

Logistics

The exchange of business transactions through digital means has grown at such a rate that it almost rivals that of its traditional counterpart. Therefore, a major concern of an industry’s real estate investment is the role that the Internet can play in enhancing their success. Similarly, the primary use of the Internet is to conduct business online and distribute product to consumers not likely to purchase because of physical boundaries. Therefore, it is smart to review where your highest population of customers are located and be in somewhat close proximity to ensure quick deliveries. Similarly, security for both your digital and physical spaces is important, although often viewed as an afterthought to purchasing a property. Check out other venues in the same area and their security methods to see if whether or not the security measures you will have to go to for a certain location is more money than it is worth.

Aesthetics

Although they are minor in comparison to other aspects, the aesthetics of a location and space are important, both to consumers and the laborers. There are many trends that prove to be successful and could influence your decision in industrial real estate. For example, higher ceilings are considered to be more sophisticated and modern, along with maximizing efforts. Many new locations that are currently being built to include higher ceilings but if this is a luxury that you desire and it is not included in the property, then you will need to decide if the costs of expanding such are worth it.

Commercial or industrial real estate is thought to expand significantly within the next year and flourish even more in the years to come. If you have any further questions in regards to industrial real estate then be sure to contact NAI Isaac for real estate and advisory services. We are located in Lexington, KY and serve the surrounding area.

Thursday, May 18, 2017

NAI Isaac Welcomes Amber Lowry to the Team

NAI Isaac welcomes Amber Lowry. Amber is responsible for assisting and supporting the property management department with the coordination of general administrative and financial processes, including CAM reconciliations, annual budgets, maintenance operations tracking and utility account billing.
Amber joins NAI Isaac as a recent graduate in Accounting.  She obtained her Bachelors in Accounting from Sullivan University, and is expected to graduate from the University of Louisville with her Masters in Accounting in August of 2018.  She will also have obtained her CPA license by August 2018.  
Lowry is a student ambassador for the KyCPA, as well as Becker Professional Education.  She is the President of Sullivan University's Sigma Beta Delta Honor Society and a member of the Phi Theta Kappa Honor Society.  She serves on several committees with the KyCPA, including Accounting Career Opportunities, Real Estate, and Woman's Initiative Task Force.