NAI Isaac - Central KY Commercial Real Estate Blog

Dollar Zone will open its 1st Versailles location in the Versailles Shoppes located at the intersection of Crossfield Drive and US 60. Dollar Zone is slated to open its 2,560 sf store in Summer 2013. Versailles Shoppes tenants include Little Caesars Pizza and Sherwin Williams. NAI Isaac’s Paul Ray Smith and Jim Kemper represented the Landlord, Prizm Properties, LLC in this transaction.

Japanese-owned automotive supplier Hayashi Telempu North America Corporation will expand its Kentucky presence, establishing manufacturing operations in Frankfort. The investment of more than $10.7 million will create 103 jobs.  The company’s decision stems from recent economic development trips Gov. Beshear made to Japan, including a visit in May 2012, according to a release from the governor’s office. Read the full article here: http://bizlex.com/2013/03/hayashi-telempu-expanding-to-frankfort-create-103-jobs/

Chamberlin Edmonds Associates, Inc., Headquartered in Atlanta, Georgia, is a leading provider of comprehensive eligibility and enrollment services nationwide for hospitals, government agencies, and managed care organizations. In May, the Lexington Chamberlin Edmonds Associates office will relocate to a larger space within the same building at One Paragon Centre at the intersection of Harrodsburg Road (US 68) and New Circle Road. Paul Ray Smith, Executive Vice President and Bruce Isaac, SIOR, CCIM, Senior Vice President of NAI Isaac Commercial Properties and Michael Lipton with Colliers represented the Tenant in this transaction. Bob Cole of the Coleman Group represented the Landlord, Four Plus Corporation.

Plum Yum Yogurt & Deli will open its first Glasgow, KY store in the Barren River Plaza. The 4,500 square foot restaurant will open this summer. The Tennessee based company specializes in healthy self-serve frozen yogurt and toppings as well as soups, wraps and sandwiches. Plum Yum will join Goody’s, Burke’s Outlet and TJ Samson Community Hospital Health Pavilion. Glasgow is in Barren County, in south-central Kentucky, about 90 miles southeast of Louisville and 90 miles northeast of Nashville. Paul Ray Smith and Jim Kemper of NAI Isaac, represented the Landlord.

Unemployment rates fell in 83 Kentucky counties between January 2012 and January 2013, while 33 county rates increased and four stayed the same, according to the Kentucky Office of Employment and Training, an agency of the Kentucky Education and Workforce Development Cabinet. Read full story here: http://www.lanereport.com/19482/2013/03/unemployment-rates-down-in-83-counties-in-january/?utm_source=Faster%20Lane%20Newsletter&utm_medium=Email&utm_campaign=march-14-2013

Lexington, KY came in at 7th in the nation by number of projects among metros with populations of 200,000 to 1 million, according to Site Selection magazine. Companies across the nation and around the world are recognizing Lexington as a great place to do business. Read the full article here:  http://www.siteselection.com/issues/2013/mar/top-metros.cfm