NAI Isaac Welcomes Jerry Martin to the Team

NAI Isaac welcomes Jerry Martin to the team. Martin joins NAI Isaac with a broad range of commercial real estate experience.  Prior to joining the commercial real estate field in 2007, he served as owner and president of a multi-state distribution company with distribution centers and retail stores.  Martin is an Associate with NAI Isaac's brokerage team as well as a Property Manager.  His experience with the acquisition and disposition of companies and properties enables him to provide unique insight into and understanding of the needs of clients.  Martin represents both Landlords, Tenants, Buyers and Sellers, specializing in Industrial and Office sales and leasing.   Martin is a native of Lexington and a graduate of the University of Kentucky. 

What to Consider When Leasing Commercial Property

When renting a space for your business there are several factors to consider. If you are going to sign a lease, you need to make sure that you are entering a financial beneficial decision. Here are some things that you should consider when leasing commercial property in Lexington, KY.
Usable Square Footage Prior to making a lease agreement, you should ask for clarification on the square footage. Commercial leases tend to quote the Rentable Square Foot of the property, but this is not an accurate portrayal of the space. The RSF figure is calculated based on combining the amount of square footage of the private premises with a proportional share of the building’s common areas. The collective areas are used among the tenants include staircases, lobbies, restrooms, and corridors.

To find the square footage of commercial property lease by itself, you need the Usable Square Footage. The distinction between the RSF and USF is important to make. You will need to know the difference between h…

Areas to Rent the Best Retail Locations

Modern shoppers have developed a reluctance to allocate time to one activity, but rather prefer to diversify their excursion. This recent trend has shown that people prefer to make a day of their outing by not only shopping but enjoying the entertainment options surrounding the retail center. People prefer an overall experience rather than simply shopping. Stores are found to benefit by being near restaurants, and other sources of amusement. Location is fundamental for retailers to draw in customers during this era dominated by online shopping. Here are some considerations to keep in mind when finding the best retail locations for rent in Lexington, KY.
The Summit at Fritz Farm When finding the best retail locations for rent in Lexington, KY, the Summit at Fritz Farm is a recent addition to consider. This shopping center was designed to provide a unique style of shopping for the area. Situated in a quaint but upscale area, there is a plethora of stores including national brands and l…

NAI Isaac Assists with Sale of South Park Shopping Center in Lexington, KY

NAI Isaac assisted with the sale of South Park Shopping Center, a +/-216,235 SF shopping center located at 3220 Nicholasville Road in Lexington, Kentucky. Bruce R. Isaac, SIOR, CCIM, Senior Vice President and Jamie Adams, CCIM, LEED AP, Assistant Vice President with NAI Isaac assisted Kevin James with Black Gate Partners in representing Kimco Lexington 140, LLC with the sale.  The property was sold to Kaden T, LLC, a privately held commercial real estate company that invests and develops retail properties throughout the Midwest and Southeast regions of the U.S.

Planet Fitness Coming to Grand Central Place in Somerset, Kentucky

NAI Isaac recently leased +/-17,586 SF located in Grand Central Place in Somerset, Kentucky to Planet Fitness.  Planet Fitness is slated to open early 2019 adjacent to the recently opened Ollie's Bargain Outlet. With over 1,500 locations throughout the United States, Planet Fitness offers affordable fitness facility memberships and personal training to customers in a fun, safe, welcoming environment.  For more information on Planet Fitness, visit their website.  This will be their first Somerset location. NAI Isaac represented the Landlord and the Tenant during the lease transaction.  

Accounting Manager Celebrates Four Years with NAI Isaac

David Woods, Accounting Manager of NAI Isaac Commercial Properties celebrates four years.  Woods joined NAI Isaac in November 2014.  "David plays an essential administrative role in managing the daily and strategic operations of the Accounting Department, ensuring that we provide exceptional accounting services to our clients" says Al Isaac, President.
Woods has over 20 years of experience in Corporate Finance, Capital Markets, Management Consulting, and Real Estate Development.  He is proficient in Accounting Systems and Full-Cycle Reporting, Financial Planning and Analysis, Strategic Business Management, Financial modeling and Data Analytics.
Woods holds a Bachelor of Arts in Economics from the University of Kentucky, a Master of Business Administration from the University of Tulsa, a Master of Accounting and Financial Management from the Keller Graduate School of Management and a Master of Science in International Real Estate from Florida International University.

Increasing the Value of Apartment Complexes

In this article, NAI Isaac – conveniently located in Lexington, Kentucky (KY) – is here to help with increasing the value of apartment complexes. Give us a call today for all of your commercial real estate needs!

In commercial business, we are always looking for ways to increase our profits. In the world of owning apartment complexes, one way to do that is by increasing the value of your apartments, which then allows you to raise rent prices for future tenants, while attracting more tenants with the new upgrades. Now, you may be wondering how you can add value to your spaces. We are here to help you with that! Read on to learn more.

When first purchasing a complex, it is important to cover all your bases to ensure that you are using the space to the best of your abilities. Even things like landscaping, trimming hedges, replacing light fixtures, and other small details can increase the value of the complex, astronomically.

Additionally, rebranding through changing the name of an older …