NAI Isaac Leases Space for Office Depot Distribution Location
NAI Isaac recently leased a ±7,600 sf property located at 549 Buck Place in Lexington, Kentucky. The property has been leased to Office Depot, Inc. who plans to utilize the site as a distribution location. Bruce Isaac, SIOR, CCIM, Senior Vice President and Jamie Adams, LEED AP, Senior Associate with NAI Isaac Commercial Properties represented the Tenant and Matt Stone with SVN Stone Commercial Real Estate represented the Owner during the lease transaction.
NAI Isaac Brings Associates in Pediatric Therapy to Southland Drive
NAI Isaac recently assisted Associates in Pediatric Therapy, LLC (APT) in a Lexington Market search and securing new clinic space located at 268 Southland Drive. APT is a therapeutic clinic practice providing services for children with special needs in Metro Louisville, Lexington and Southern Indiana. Their new location is slated to open in March 2016. For more information on APT, visit www.kidtherapy.org. Jim Holbrook, Associate, and Bruce Isaac, CCIM, SIOR, Senior Vice President represented the Tenant during the lease transaction.
NAI Isaac Completes Sale of Lexington CBD Development Property – New Owners Plan Property’s Future
Plans to demolish and rebuild a signature downtown location have created a buzz around Lexington. NAI Isaac recently sold +/-0.3795 acres located at 367-375 East Main Street and 107-111 Eastern Avenue to local developers who plan to construct a new 5-story mixed use building. Per the development plan, the first floor will house a bank and the second through fifth floors will house 24 two-bedroom condominiums. The building will also feature a rooftop garden and recreation area. Plans for a two-story parking garage are also underway.
Developers worked with CMW, Inc. to create the building’s concept known as vintage modern. The building’s design will fuse historic architectural touches with modern features to create a building that has the aesthetics of the historic downtown “look” and the convenience of modern design. According to new owner developer Jeff Morgan, only two floors remain available. All other spaces have commitments. For more details concerning Lexington’s latest downtown development, check out this article from the Lexington Herald-Leader.
Al Isaac, President, Bruce Isaac, SIOR, CCIM, Senior Vice President and Jamie Adams, LEED AP, Senior Associate represented the Owner during the sale transaction. Tyce McCullough with Rector Hayden assisted the Buyer.
NAI Isaac Announces Prince Cuts Barber Shop Expansion at French Quarter Square
NAI Isaac recently leased an additional ±1,151 sf to Prince Cuts Barber Shop at French Quarter Square, located at 2573 Richmond Road in Lexington, Kentucky. The expansion, slated for completion during Spring 2016, will triple the size of their location. For more information on Prince Cuts and the services they offer, visit www.princecuts.com. Paul Ray Smith, Executive Vice President and J.L. Cannady, Associate with NAI Isaac Commercial Properties represented the Landlord, RBHV Lexington Retail, LLC during the lease transaction.
French Quarter Square, a 37,500 office and retail development owned by RBHV Lexington Retail, LLC, is located at 2573 Richmond Road and is home to Doubletree Guest Suites, Panera Bread, Posh Salon & Spa and Sun Tan City. For more information regarding current leasing opportunities at French Quarter Square, visit our website at www.naiisaac.com.