NAI Isaac - Central KY Commercial Real Estate Blog

Business First reports "Kentucky’s seasonally adjusted preliminary unemployment rate fell to 8.3 percent in April 2012 from a revised 8.6 percent in March 2012." To read the full story, visit: http://bit.ly/JiEAbt

EPK Medical will open a medical sales office in Suite 203 of the Idle Hour Office Suites. EPK Medical specializes in hip and knee replacement parts. The 61,301 SF neighborhood shopping center is located at 2121 Richmond Road near the intersection of New Circle and Richmond Roads in southeast Lexington. Bruce Isaac, SIOR, CCIM, Senior Vice President and Jim Holbrook of NAI Isaac Commercial Properties represented the Landlord in this transaction.

Stonewall Center welcomes Daniel David Weddings. Daniel David will provide music for weddings and receptions. Stonewall Center, located at 3101 Clays Mill Road, is a 80,000 square foot mixed-use neighborhood shopping center anchored by Rite Aid and Peoples Bank. Jim Holbrook of NAI Isaac, worked with the Landlord to secure the transaction.

Magic Vapor Shop will open its first Somerset location in the Grand Central Place shopping center. The electronic cigarette and accessories provider will open in June. This is Magic Vapor Shop’s 2nd location, with its first store in London, KY. Anchored by Kroger, Goody’s, Dunham Sports, and the new Hobby Lobby, and T.J. Maxx, Grand Central Place is located in Somerset at the intersection of Grand Central Blvd. and US 27. Paul Ray Smith and Jim Kemper of NAI Isaac Commercial Properties represented the Landlord, Grand Central Holdings, LLC, in the transaction.

Todd Fuller and Angela Miller will open individual massage therapy centers in the Idle Hour Office Shopping Center. The new therapist services will be located in Suite 225 and are set to open May 15th 2012. The 61,301 SF neighborhood shopping center is located at 2121 Richmond Road near the intersection of New Circle and Richmond Roads in southeast Lexington. Bruce Isaac, SIOR, CCIM, Senior Vice President and Jim Holbrook of NAI Isaac Commercial Properties represented the Landlord in this transaction.

With a $30 million investment and additional 80 jobs, Toyota Motor Manufacturing, Kentucky (TMMK) will increase production of engines at its Georgetown plant by around 25 percent. Read the full article by Business Lexington at http://bizlex.com/2012/05/toyota-to-add-80-jobs-and-100k-engines-at-georgetown-plant/