Showing posts from July 30, 2017

What to Consider Before Renewing Your Industrial Real Estate Lease

Any lease can be difficult to navigate, whether it is for your apartment or commercial property, you’ve read over the lease multiple times, or you have already signed the lease before. Surprisingly, it is actually lease renewals, or the second lease, that can cause conflict. Unfortunately, the signs of a bad lease may not be apparent when you first read over it because it will appear as issues and problems arise conflicting with the statements in the document. Have no fear, for we are here to help guide you through some things to think about before renewing your industrial real estate lease.

1.Focus on the specifics. 
The language in a lease is obviously the most important part but you do not want to get caught up in all of the fluff to the point that you get distracted. The clarity of the language is what you want to pay attention to, especially the specific numbers, such as square footage. Almost all leases will define the space in terms of square footage but it is not uncommon for…

NAI Isaac Brings Just For You Gift Shop & Boutique to Brighton Park Shopping Center in Frankfort, Kentucky

NAI Isaac Commercial Properties recently leased +3,200 SF in Brighton Park Shopping Center to Just For You Gift Shop & Boutique. Brighton Park is located just of US 60, Versailles Road in Frankfort, Kerntucky.  They are slated to open in August, 2017.  Jim Holbrook, Associate with NAI Isaac, represented the Landlord during the lease transaction.

Thinking of Investing in a Commercial Space? Keep These Trends in Mind

We live in a rapidly changing economy. The internet has irrevocably changed how consumers shop, and that, in turn, impacts how retailers are faring. Those who are able to capitalize on these changing values are thriving, but those that are staying stuck in their ways are finding themselves left in the dust. Whether you are thinking about opening a local branch of a major retail chain or you are opening the flagship store of your own brand, here are some recent commercial trends to consider before you put pen to paper.

1.It’s better to be a jack of all trades than a master of one
Many of the stores that have closed their doors permanently are what would be considered specialty stores or department stores, specifically stores that only sell one kind of item, such as Payless ShoeSource and Radio Shack. Consumers are becoming less and less likely to want to travel to multiple stores on a day out when they could order everything they need from the comfort of their own home, so if you are t…

NAI Isaac Brings Fresenius Kidney Care to Patriot Plaza in Stanford, Kentucky

NAI Isaac Commercial Properties recently leased +/-6,694 SF to Fresenius Kidney Care within the Patriot Plaza located at 29 Frontier Boulevard, Stanford, Kentucky. Fresenius Kidney Care, an Investment Grade Tenant with an S&P rating of BBB- and a net worth of $10.144 Billion, provides medical care services to people with chronic kidney disease and end stage renal disease.  This will be their first Stanford location.  Al Isaac, President and Jamie Adams, CCIM, LEED, AP, Senior Associate with NAI Isaac were involved in this transaction.
Patriot Plaza is a +/-34,162 SF former Food Lion center with investment and leasing opportunities. +/-4,000 - 25,068 SF for lease with two dock-height doors. Potential outlot for sale or ground lease. Great visibility on US Highway 150 connecting Danville and Stanford with +/-13,583 cars per day.  PRICED TO SELL!