Search This Blog

Thursday, October 28, 2010

Call Center Sublease - 59,000 Square Feet

12501 Lakefront Place, Louisville, KY



This is one of my most active listings at present.  This is really an extraordinary state of the art call center with all amenities in place.   


  • 59,000 square feet single floor call center sublease opportunity
  • 783 cubicles, which may remain
  • Large conference room
  • 16 private offices
  • 1105 parking spaces
  • 100% Generator / UPS back-up
  • Easy Access to I-64 / I-265 by
    Blankenbaker Parkway
  • Leased through December 2017
A lot of people have come to take a look but it is still available.   If you know of someone who might have an interest, please let me know or have them call me.    I would love to arrange a visit.  

Thanks so much, all.  Have a great day.

David

David W. McCoy
Associate Broker

Commonwealth Commercial Real Estate

10444 Bluegrass Parkway
Louisville, KY  40299


ofc: 502.379.6005
fax: 502.379.6225
cel: 502.905.5274

PS - I am a licensed real estate broker that specializes in Commercial Real Estate.   I handle office, industrial, investment, retail and commercial land.     Let me know if I can help with your real estate needs.   I would love to help.  

Monday, October 25, 2010

Land in Condo Associations

Condo developments are often developed in stages with new units added as the initial units are sold or leased.    Developers of Condos sometimes reserve land for later development.    This land is likely to be included in the initial master deed of the condo development.   The condo association typically owns all of the land and structures in a the development while the condo owners only own the interior space of the condo.    This makes the ownership of undeveloped land a little murky.   

When buying undeveloped land from a condo association, you may actually be buying the "development rights" to that land rather than the land itself.   Normally, the condo association would have the right to review and approve the new structure and when it was complete, the condo association may well own the land and the structure, while the "purchaser" would actually own only the condos therein.   

That is not necessarily a bad thing.   The condo association would in all likelihood have the responsibility to maintain the exterior of the structure and perhaps some of the mechanicals and common area.   The condo owner would have to abide by the condo rules and regulations and would have to pay association dues.  

If you decide to purchase undeveloped land in a condo association, it would be wise to have a real estate attorney review the situation.   The important thing is to be sure that you understand what you are buying and the implications and costs of doing so.  

Have a great day, all.   Let me know if I can help you with your real estate needs.

David

David W. McCoy
Associate Broker
Commonwealth Commercial Real Estate
10444 Bluegrass Parkway
Louisville, KY  40299
ofc:  (502) 379-6005

dmccoy@ccre.biz

You can also find me on Twitter @mccoydw

Tuesday, October 19, 2010

Blogging Again

I'm finally done licking my wounds and am starting fresh.    The bad news is that several hundred articles were lost when my last blog was lost.   Many of the posts were time sensitive and as such, probably not items that people would reference often.   The pieces which I really hate losing were the informational pieces and the research pieces.   The informational pieces were designed to be accessed to answer topical questions and I would often print them out and send them in response to people's questions.  The research pieces took a fair amount of time and effort to compose and were often used for reference.  

Still every setback is also an opportunity.   Since the old blog was established, I was reluctant to make changes that might have improved the blog simply because I didnt want to lose what I had already accumulated.    So, hopefully, with a fresh start and some experience under my belt, this blog will have several improvements.    

Thanks for reading.   Have a great day!

David W. McCoy
Associate Broker
Commonwealth Commercial Real Estate
10444 Bluegrass Parkway
Louisville, KY  40299