NAI Isaac - Central KY Commercial Real Estate Blog

Anne Kilcoyne, CPM, Senior Property Manager LEXINGTON, KY – May 2014 – NAI Isaac, a member of the world’s premier managed network of commercial real estate firms, announced today the promotion of  Anne Kilcoyne, CPM to Senior Property Manager.   Anne Kilcoyne, CPM joined NAI Isaac in 1996 overseeing in excess of 1.2 million square feet of retail, industrial and office properties. Anne has focused on the leasing and management and is a member of NAI Isaac’s Receivership Asset Management Team. Kilcoyne served as the Kentucky State Director for the International Council of Shopping Centers (ICSC®) for 2009 – 2012. She has been actively involved as a member, serving as co-chair for the annual Tennessee/Kentucky Idea Exchange for 2007 – 2009 and as Kentucky State Operations Chair 2003 – 2006. Kilcoyne achieved the Certified Property Manager (CPM®) designation in 2002. She served as the local Institute of Real Estate Management (IREM®) Chapter President in 2003 and 20...

Paul Ray Smith, Executive Vice President and Bruce Isaac, SIOR, CCIM, Senior Vice President of Isaac Commercial Properties, Inc. represented the landlord, Rouse Companies 9801, LLC in the lease negotiations with King Bee Delivery, LLC d/b/a BeeLine Courier Services for 13,982 SF at   1045 Brentwood Court   in   Lexington within the Brentwood Distribution Center. BeeLine Courier service was represented by Frank Bellis with Trio Commercial Property Group and is slated to open May 2014. For more information visit   www.beelinecourier.com.   Brentwood Distribution Center is now 100% occupied.  

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 HomeStory of Lexington for space at 997 Floyd Drive in Lexington. HomeStory of Lexington is slated to open in April 2014. For more information visit www.homestorylexington.com.

NAI Isaac brokered the sale of the 16,486 sf freestanding building on 5.6 acres located at 770 Wilkinson Boulevard in Frankfort. Al Isaac, President and Jamie Adams, LEED AP, Senior Associate of NAI Isaac represented the seller, Fifth Third Bank, and Will Crumbaugh with The Crumbaugh Companies represented the buyer, Riverside Property Group, LLC, in this transaction.

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...