NAI Isaac - Central KY Commercial Real Estate Blog

NAI Isaac welcomes the renewal of H&R Block to Barren River Plaza in Glasgow, Kentucky. Located at 310 North L Rogers Wells Boulevard, the Center is anchored by Ruler Foods, Jo-Ann Fabrics, TJ Samson Medical Pavilion, Goody’s and Burke's Outlet owned by Barren River Plaza Project, LLC. Glasgow, Barren County, Kentucky is in south-central Kentucky, about 90 miles southeast of Louisville and 90 miles northeast of Nashville.  Paul Ray Smith, Executive Vice President, and Jim Kemper, Vice President, of NAI Isaac Commercial Properties, exclusively represented the Landlord.

NAI Isaac's Al Isaac: Retail on the rise in Lexington Posted By Dan Rafter On March 20, 2014 (11:16 am) In Homepage , Midwest Real Estate News , News The Summit Lexington will bring new retailers and multi-family residences to Lexington . Retail is on the rise in Lexington , with three major retail developments set to bring new energy to the heart of this key Kentucky market. And for Al Isaac, president of Lexington ’s NAI Isaac, this is good news not only for the city but for its surrounding areas, too. “If you think about the size of our market and the size of the new retail developments coming in, there is some exciting activity in Lexington right now,” Isaac said. The good news? The long-term trend for retail in the Lexington market looks positive. According to NAI Isaac’s 2013 year-end market report, the retail vacancy rate stood at 6.37 percent at the end of 2013. And Isaac said that this sector has remained a consistent one. Even during the worst days of the...

NAI Isaac welcomes another First Watch Restaurant to Lexington. First Watch will open its 3 rd Lexington location at War Admiral Place in the Hamburg area. Breakfast is the new dinner. It is the fastest growing segment in the restaurant industry and First Watch has established itself as the category leader. First Watch offers breakfast, brunch and lunch menu items.  The café is slated to open Spring 2014. For more information visit http://www.firstwatch.com/ . Bruce Isaac, SIOR, CCIM, Senior Vice President and Jim Kemper, Vice President of NAI Isaac Commercial Properties represented the Tenant, Lex FW III, LLC and Patrick Madden represented the Landlord, War Admiral Place, LLC to secure the lease. 

NAI Isaac brings WakeUpNow to North Park Marketplace and is slated to open March 2014. WakeUpNow is a network marketing business. For more information visit http://everydaypeople.wakeupnow.com/ . North Park Marketplace is now a fully leased 46,647 square foot community center, anchored by Staples and located at 524 West New Circle Road adjacent to a Walmart Supercenter. Jim Holbrook and Jamie Adams, LEED AP, of NAI Isaac represented the Landlord, Yale Lexington, LLC in this transaction.

NAI Isaac recently secured the exclusive rights to provide leasing and management services for three centers in Kentucky, adding an additional +/-550,000 square feet to its portfolio. Bruce Isaac, SIOR, CCIM, Senior Vice President of NAI Isaac Commercial Properties has been appointed as the leasing agent for   Lexington Business Center, located at 1300 New Circle Road, and Newtown Business Center, located at 1051 Newtown Pike in Lexington, Kentucky. Lexington Business Center is a 307,498 square foot, five-building mixed-use development offering office/retail/flex and warehouse space on 19.71 acres. Newtown Business Center is an 87,079 square foot, four-building mixed-use development offering office/retail/flex and warehouse space on 9.88 acres. Paul Ray Smith, Jr, Executive Vice President of NAI Isaac Commercial Properties has been appointed as the leasing agent for   Ridgefield Shopping Center in Danville, Kentucky. The Center is a 157,000 square foot community shopp...

Bruce Isaac, SIOR, CCIM, Senior Vice President and Jamie Adams, LEED AP, Senior Associate of Isaac Commercial Properties, Inc. represented the landlord, Hubert McGaughey in the lease negotiations with Brownstone Candle Company for space at 997 Floyd Drive in Lexington. Brownstone Candle Company features high quality candles made with a blend of natural soy wax in a variety of fragrances. Brownstone Candle Company is slated to open in April 2014. For more information visit http://brownstonecandle.com.