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Showing posts from September, 2017

NAI Isaac Welcomes Compass Municipal Advisors to Corporate Plaza in Lexington, Kentucky

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NAI Isaac welcomes Compass Municipal Advisors, LLC to Corporate Plaza in Lexington. The company will occupy 3,558 SF on the tenth floor.  Compass Municipal Advisors, LLC is an independent municipal advisory firm with offices in Lexington and Louisville, Kentucky and Columbia, South Carolina.  They assist local, regional and state governments as well as non-profit entities in a wide variety of financial needs including, but not limited to, financial and capital planning, debt issuance and management, and investment management services. For more information, visit their website .  Anne Kilcoyne, CPM, Senior Property Manager with NAI Isaac, represented the Landlord during the lease transaction.  

NAI Isaac Welcomes Kentucky Lions Eye Bank to Griffin Gate Plaza in Lexington, Kentucky

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NAI Isaac Commercial Properties welcomes Kentucky Lions Eye Bank to Griffin Gate Plaza, located at 1510 Newtown Pike in Lexington, Kentucky. Kentucky Lions Eye Bank is a non-profit charitable organization that restores sight through corneal transplant, ocular research and medical education.  For more information, visit their  website .  Paul Ray Smith, Executive Vice President and Jim Holbrook, Associate with NAI Isaac represented the landlord during the lease transaction.  

NAI Isaac Brings United States Postal Service Back to Corinth, Kentucky

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NAI Isaac is happy to announce the re-opening of a United States Postal Service in the city of Corinth, Kentucky.  The city has been without a post office for over 18 months.  The new USPS will be located at 315 Owenton Road.  Jim Holbrook, Associate with NAI Isaac, represented the USPS during the lease transaction.  

NAI Isaac Releases Lexington, KY CRE 2017 Mid-Year Market Report

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The Lexington commercial real estate market was mostly positive during the 1st and 2nd quarters of 2017 with an impressive vacancy decrease in the Industrial market which already had a low vacancy rate at yearend 2016.  Low Industrial vacancy is a nationwide trend that is likely tied to the growth of internet shopping and the need for more warehouses closer to various customer markets for companies selling products. There was a smaller decrease in vacancy within the Retail sector that also had a low vacancy rate at yearend 2016. Fluctuations within Suburban Office and CBD Office sectors demand and higher vacancy rates despite the lack of speculative construction continue to indicate those sectors are still "right-sizing" with companies moving to more open floor plans with less square footage per employee. Further impacting the office market is an increase in office tenants seeking non-traditional office space, particularly in the tech and marketing segment. Market re

NAI Isaac Releases Lexington, KY CRE 2017 Mid-Year Market Report

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The Lexington commercial real estate market was mostly positive during the 1st and 2nd quarters of 2017 with an impressive vacancy decrease in the Industrial market which already had a low vacancy rate at yearend 2016.  Low Industrial vacancy is a nationwide trend that is likely tied to the growth of internet shopping and the need for more warehouses closer to various customer markets for companies selling products. There was a smaller decrease in vacancy within the Retail sector that also had a low vacancy rate at yearend 2016. Fluctuations within Suburban Office and CBD Office sectors demand and higher vacancy rates despite the lack of speculative construction continue to indicate those sectors are still "right-sizing" with companies moving to more open floor plans with less square footage per employee. Further impacting the office market is an increase in office tenants seeking non-traditional office space, particularly in the tech and marketing segment.   Market ren