NAI Isaac Brokers the Sale of Idle Hour Shopping Center in Lexington, Kentucky

NAI Isaac brokered the sale of Idle Hour Shopping Center, a +47,818 SF center to a private investor. Idle Hour Shopping Center is located at 2051-2121 Richmond Road in southeast Lexington, Kentucky.  Bruce Isaac, SIOR, CCIM, Senior Vice President and Jim Kemper, Vice President of NAI Isaac Commercial Properties represented the Seller, Glamis Idle Hour, LLC in this transaction.  NAI Isaac is being retained as the leasing and management representatives for the new owners.


Comments

Post a Comment

Popular posts from this blog

Tips for Leasing Commercial Real Estate

Image
Our economy has changed dramatically over the last twenty years. Previously, finding a commercial space for your business was often one of the very first steps you took to get your venture off the ground, because it was almost always necessary in order to provide customers with your products or services. However, the internet has changed how we do business, so now practically anyone can start their business from their bedroom as long as they have a laptop and an internet connection. Whether you run a start-up or took a more traditional route to starting your business, leasing a commercial space is a huge step toward growing your business. Because of this, the experts at NAI Isaac are here to provide you with tips for leasing commercial real estate near Lexington, KY.

Tip #1- Work with a lawyer Leases are legally binding documents, which means that they can be difficult to understand if you don’t have a legal background. If you are a business owner, you likely are too busy to pursue a…
Read more

Tips for Finding Rental Industrial Space

Image
Finding rental industrial space in Lexington, Kentucky may seem like a daunting task, but we, here at NAI Isaac, are here to make it so much easier for you. We are here to offer you advice on finding properties or to help you by providing our services in finding you a property, ourselves. Read on to learn more about tips for finding rental industrial space in Lexington, Kentucky.

When it comes to finding industrial rental space, one of the most important things to consider is the rent. Not only is there monthly rent, but commercial leases often, sometimes, have additional fees. You should make sure to consider all of the fees plus rent plus any sort of utilities that will be required. When deciding on what you are looking for, this is a big thing to consider. It can also be helpful to look at what the average price per square foot for buildings in the area. You should also decide on what you need in terms of size, property type, accessibility, and zoning.

Size is a very important part…
Read more

Accounting Manager Promoted to Vice President, Finance & Operations

Image
David Woods, Accounting Manager of NAI Isaac has been promoted to Vice President of Finance and Operations.  Woods joined NAI Isaac in November 2014.  "Over the past five years, David has played an instrumental role in developing and implementing strategies to improve our accounting and operations areas.  His expanded role within the company helps to facilitate improvement strategies for all departments" says Al Isaac, President.
Woods has over 20 years of success managing fiscal and fiduciary affairs in corporate finance and accounting, construction, real estate development, management consulting, and capital and derivatives markets.  He has also served as an Adjunct Professor of finance, accounting and project management at local colleges. Woods graduated from Florida International University as a Master of Science in International Real Estate, Keller Graduate School of Management as a Master of Accounting and Financial Management, APUS as a Master of Science in Environme…
Read more