Preferred Cleaners is an eco-friendly dry cleaner with no odor, less fading, gentle on fibers in addition to being non-toxic and non-hazardous to humans, animals & the environment. Preferred Cleaners specializes in perfect shirts, skilled alterations, couture & designer garments, and wedding gown pressing, cleaning and preservation and is slated to open their first Lexington location […]
NAI Isaac welcomes Ruler Foods to Barren River Plaza, as it continues its expansion into Kentucky. Ruler Foods is a discount grocery store that sells Kroger brand food and limited assortment of other national brand items. The 21,000 square foot store is slated to open in Spring 2014. Ruler Foods will join Goody’s, Burke’s Outlet, Jo-Ann Fabric and […]
CHICAGO–January 16 2014–Sperry Van Ness Chicago Commercial has completed the sale of a 71 unit apartment complex located in St. Charles, Illinois. Matthew Pinsky, Jim Sears and Reid Bennett of Sperry Van Ness LLC represented the Seller in the transaction. The asset commanded a sale price of $5,625,000, more than 99% of its list price […]
Bruce Isaac, SIOR, CCIM, and Jim Holbrook of NAI Isaac Commercial Properties represented the Landlord, FFF Rental, Inc., and Eric Bumm of RE/MAX Elite, represented the Tenant, TP Mechanical Contractors, Inc., to lease 21,200 sf of warehouse space located in the Ferguson Building on East 7th Street in Lexington, Kentucky.
Palo Alto, CA – Wilbur Properties represented an experienced restaurateur in the site selection and lease negotiation for his new restaurants located at Newark Marketplace in Newark, California. Scheduled for opening in Spring 2014, Baby Lobster will feature a seafood menu with a Cajun-inspired influence. The restaurant occupies 1,668 sq. ft. at 5855 Jarvis Avenue. […]
NAI Isaac brokered the sale of a 13,092 sf building on 3.914 acres to Miss Priss Incorporated. Miss Priss is a complete prom and pageant boutique and will relocate to 908 North Broadway in Lexington and is slated to open Summer 2014. For more information visit www.missprisspromandpageant.com. Al Isaac, President and Jamie Adams, LEED AP […]
NAI Isaac brokered the sale of Berea Shoppes consisting of 13,850 sf and Prince Royal Plaza consisting of 69,397 sf, both located on Prince Royal Plaza Drive in Berea, KY. Located in Madison County, both properties are centrally located just off the South Berea Interstate 75 interchange (Exit 76). Paul Ray Smith, Executive Vice President, represented […]
NAI Isaac welcomes Jessamine Dry Cleaners to French Quarter Square shopping center. Jessamine Dry Cleaners opened their first Lexington location and is now open at 2573 Richmond Road. French Quarter Square is home to Doubletree Guest Suites, Panera Bread, Posh Salon & Spa and Sun Tan City. Paul Ray Smith and J.L. Cannady of NAI Isaac represented the Landlord […]
Phoenix – December 23, 2013 – Vestis Group is pleased to announce that brokers Victoria Miachika, Natan Jacobs and Les Litwin have completed the sale of Estates at Midtown Apartments, a 14-unit multifamily community located near the Valley Metro Light Rail in midtown Phoenix, Arizona for $1,150,000 / $82,143 per unit. Medlock Manor Apartments, LLC […]
Arcadia Plaza – a Sprouts anchored neighborhood shopping center on the northeast corner of 28thStreet and Indian School has been sold. Phillips Edison, a retail real estate company with a retail portfolio of 29 Million square feet and 280 properties across the country, has purchased the shopping center property for $13.7M. The Seller was RJ Realty Advisors, LLC a […]
Bruce Isaac, SIOR, CCIM, Senior Vice President of NAI Isaac Commercial Properties represented the seller, White’s Dairy Queen, Inc. in the sale of a freestanding, single-story retail building located just off Richmond Road at 2222 Coburn Boulevard. The buyer, ANSH LLC, is slated to open a laundry mat in first Quarter 2014.
GPE Commercial Advisors, one of the oldest privately owned commercial real estate firm in Arizona, secured the sale of a 64,375 square foot, 6.95 Acre property at 4039 East Raymond Street in Phoenix. The property sold for $2,895,000. Built in 1974, the property was most recently occupied by River of Life Church. The new owner […]
Bruce Isaac, SIOR, CCIM and Chad Voelkert, of NAI Isaac Commercial Properties and Michael Shigley with USI Real Estate Brokerage Services, Inc. represented the seller, Trim Masters, Inc. in the sale of the +/- 60,000 SF HQ Facility on +/- 20 acres located at 1090 Industry Road in Harrodsburg, Kentucky to a local investor.
NAI Isaac brokered the sale of the 0.79 AC outlot situated in front of Grand Central Place Shopping Center at 2711 South Highway 27 in Somerset, Kentucky. The outlot was sold to Hwy 27 Somerset KY, LLC for retail development. Jim Kemper and Paul Ray Smith of NAI Isaac Commercial Properties represented the seller, Linda Hassur […]
NAI Isaac welcomes Rue 21 to Festival Plaza, bringing the 42,000 square foot center to 100% occupancy. Rue 21 is a national specialty discount retailer of young men and women’s casual apparel and accessories. The 5,900 square foot store is slated to open in the spring of 2014. Rue 21 will join Dollar General, Hibbett […]
(Phoenix – November 27, 2013) – Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of The Doyle Building, a 2,100 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in Midtown Phoenix, for $260,000 / $123.81 per square foot. Sid […]
CHICAGO-December 13, 2013–Sperry Van Ness Chicago Commercial has completed the sale of a 74-unit apartment complex located at 5703-5725 Forest Hills Road in Rockford, Illinois. Reid Bennett, Jim Sears and Cody Doran of Sperry Van Ness, LLC represented the Buyer in the transaction. The asset commanded a sale price of $3,095,000. “This sale represents the […]
ORION Investment Real Estate is pleased to announce the closing of Atrium Shoppes at Hamilton Place Mall, a multi-tenant shopping center, located in Chattanooga, Tennessee for $5,200,000 ($254 per SF) to Li Group Three, LLC. “This was a great opportunity for both buyer and seller to realize a win/win opportunity. The seller was able to […]
November 22, 2013 – Greenwich, CT – AVANT Capital Partners, a leading commercial real estate bridge lender, has originated a $3,100,000 bridge loan secured by a under-utilized two story building located in New York City. The interest only 12 month loan carries an interest rate of 10.00%, refinanced the first mortgage and provided predevelopment funding […]
(Phoenix – November 18, 2013) – Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of Melrose Place Apartments, a 13-unit multifamily community located in the sought after Arcadia neighborhood of Phoenix, Arizona for $750,000 / $57,692.31 per unit. JMRS Melrose, LLC of San Diego, California sold […]
GENEVA, IL – Sperry Van Ness / Landmark Commercial Real Estate has completed the sale of the Charlestowne Mall in St. Charles, Ill to The Krausz Companies Inc. The property is a 1.1 million-square-foot enclosed regional mall on approximately 80 acres at 3800 E. Main Street in St. Charles. Charlestowne Mall is approximately 50 percent […]
Kansas City, Missouri—Block Funds acquired Bella Madera, a 612-unit, Class A, garden style apartment property located in Lewisville, Texas. The Class A property’s lease up was completed in 2010. Bella Madera features an attractive mix of unit sizes and styles, and a superior amenity base. The property, built by Westwood Residential, is located in Lewisville, […]
Former Discount Tire sold in Peoria De Rito Partners’ brokers Bruce Milton and Roger Brevoort represented the owner in selling a former Discount Tire to WIT Enterprises, Inc. The deal is for a 6,000-square-foot space just west of the southwest corner of 87th Avenue and Grand Avenue in Peoria, Arizona. Stardust Building Supplies relocating Stardust Non-Profit […]
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, […]
NAI Isaac welcomes Yavon L. Griffin, Attorney at Law, Denotra Spruill Gunther, Attorney at Law and Charles A. Grundy, Jr., Attorney at Law to Chase Tower located at 201 East Main Street in downtown Lexington. Chase Tower is professionally managed and leased by Isaac Commercial Properties. Paul Ray Smith, Bruce Isaac, SIOR, CCIM, and J.L. […]
AUSTIN, TEXAS, (10/28/13) — KW Commercial has leased a free-standing, medical office building (MOB) at 12701 RR 620, AUSTIN, TX. The site, has been leased to Neighbors Emergency Centers (www.nec24.com). Neighbors Emergency Centers are different from a standard 24 Hour Emergency Room by redefining the emergency room experience with private treatment rooms equipped with HD […]
NAI Isaac brokered the sale of South Elkhorn Village, a +51,113 SF retail center to South Elkhorn Village, LLC. South Elkhorn Village is located at 4371 – 4383 Old Harrodsburg Road in Lexington and is anchored by Ramsey’s Restaurant, Coffee Pub and The S-E-C Sports Pub. Al Isaac and Paul Ray Smith of NAI Isaac Commercial […]
It is with bubbling excitement and fanfare that we are thrilled to announce the 4th anniversary (OMG 4 years have gone by!) of the amazing collaboration between Buildout and theBrokerList to produce the 2018 #DNAofCRE Survey. Remember, we are saying 2018 because we are asking you to download your brain and tell us what you did last year!
485 Respondents for DNA of #CRE Survey! Yes, you heard right, almost 500 commercial real estate professionals contributed to the 2017 DNA of #CRE Survey this year! That is an increase of 60% over last year! This year was so special because we had so much enthusiasm as a result of this being our 3rd year. […]
Just an Idea The idea of the DNA of #CRE survey began as a collaboration between Buildout and theBrokerList teams. We all wanted to know more about the people who make up the commercial real estate brokerage industry because it has been such a hard to understand facet of real estate. Generally people think of […]
Yes, it is true, we completed the first, official tabulation of the 2015 DNA of #CRE Survey! Please review and digest this historic attempt to obtain the actual DNA of the commercial real estate brokerage industry. Huge thanks to the team at Buildout for the amazing collaboration. It was our first one, so we are […]