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Showing posts with label Office. Show all posts
Showing posts with label Office. Show all posts

Wednesday, May 29, 2013

County Foreclosure on Broadway Office Real Estate

As I often do on Wednesdays, I was looking through the County Foreclosures listed in today's paper.  In today's list, I saw 500 West Broadway, which is a downtown Office Real Estate Property.  You may remember it as the Bank of Louisville building on Broadway.   I think this building is maybe 11 stories tall.   The Commission's list of County Foreclosures,  lists the amount to be raised at $3,370,265.28.   

This building is an older building which has had very low vacancy for some time.    So, in some respects this is not a big surprise.   

The auction date is set for June 18 and anything can happen between now and then.  So far, it does not appear that the court has done its appraisal for the auction, although that is usually done within a couple of weeks of the auction date.  

If you think that you might like to have an 11 story office building on Broadway, you can try to buy this property at auction.  The auction date is June 18 and it is in the Old Jail building located at 514 W Liberty at 10:00 AM.      You will need to bring with you a cashiers check (or certified check) for $10,000 for the deposit if you are the successful bidder.   (side note: If you bring a cashier's check, you should have this check made out to yourself so that if you are NOT the successful bidder, you can redeposit the funds into your account.  If you ARE the successful bidder, you can endorse it over to the Commissioners)   

CAUTION - Before bidding, you need to know the court's appraised value of the building.   Kentucky State law allows a right of redemption for properties sold at foreclosure auction, if they sell for less than 2/3 of the court appraised value of the property.   If you happen to buy a property at foreclosure auction for less than that, the previous owner can redeem the property within one year by repaying you the amount you paid.  

You just never know what you might find at a foreclosure sale.

Have a great day!

David

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

ofc: 502-379-6005
e-mail: DMcCoy@ccre.biz

Let me know if you need any help with Real Estate.  I am a licensed Real Estate Broker in Kentucky and Indiana and specialize in Commercial Real Estate and International Properties.   I handle Office, Industrial, Commercial Land, Investment, Multifamily and Retail properties.  I work with Buyers, Sellers, Landlords, Tenants and Investors.   I also work with international clients and speak enough Spanish to get myself into trouble.   Heck I can even set you up with residential help if you need it.   I'd love the opportunity to help.   

The information provided in this post comes from sources I deem to be reliable but I cannot warrant this information.   Any opinions I present are mine alone and do not necessarily represent the opinions of Commonwealth Commercial Real Estate, its brokers, agents, or employees other than myself, of course.  

Wednesday, April 3, 2013

County Foreclosure Surprise

Some folks claim that a real estate license amounts to a license to be nosy. 

Being a real estate broker AND a curious sort, I regularly check out the County Foreclosure list published in the Courier Journal on Wednesdays.   If you have not checked it out, it is published on Wednesdays in the Classified, which is in the Metro Section of the Paper.    There is an ad run by the Jefferson County Circuit Court which is titled COMMISSIONERS SALE, MASTER COMMISSIONER.  Following that title is a list of the upcoming foreclosures for auction.  

Today, I discovered that Meidinger Tower is scheduled to go to foreclosure auction on Tuesday, April 23.     According to the posting, the foreclosing party is seeking to raise $29,172,987.65 to satisfy their debt.

I suppose it shouldn't have been a great surprise.  Meidinger Tower lost their name sake tenant a year or two ago, when they moved to Aegon Tower.   With the principal tenant gone, they have had a lot of vacant space.  

Still, I hate for anyone to face hard times.

Anyway, it's amazing what you might find when you pay attention.  I will be curious to see if this makes it to auction and who ultimately ends up controlling the property. 

Have a great day everyone!  Thanks for reading.

David

David W. McCoy, MBA CIPS e-PRO
Associate Broker
Commonwealth Commercial Real Estate
10444 Bluegrass Parkway
Louisville, KY  40299

ofc: (502) 379-6005
cel: (502) 905-5274
e-mail: DMcCoy@ccre.biz

Thursday, February 7, 2013

KCREA goes International

If you are looking for Commercial Real Estate in Louisville and you are asking a residential realtor and looking at the MLS, I'm afraid that you are searching about 7 or 8 years too late.    Please don't misunderstand, I am not knocking residential realtors at all.  It is just that the MLS eliminated commercial properties from their data base about 7 years ago.   

There are several on-line listing services which provide information on Commercial Real Estate.  I use several and I think that most of the commercial real estate specialists do as well.   Locally, KCREA, the Kentucky Commercial Real Estate Association, has most of those listings.   

KCREA is constantly evolving.  It is not perfect but it does seem to be actively trying to improve.   So I was pleased when I recently discovered that KCREA now has an option to translate the listing into several different languages.   If you do a search for a property and click on one, on the right side of the page, down several lines is an option to translate the page.  If you click on that option, several icons of flags appear.   If you are not familiar with the flags, when you roll over the flags, a label appears displaying the language.  (Languages include: Spanish, Chinese, French, German, Italian, Japanese, Korean, Russian and Hebrew)  Click on the flag and the page will translate.

Pretty cool.   Now, as Paul Harvey would say, the rest of the story.   I speak a little Spanish and truth be told, the translation is not perfect.   Still, while the translation could be a little better, it certainly would be largely understandable to a Spanish speaker.  They might be somewhat amused at the translation but I suspect that they would be able to get the basic information and a decent understanding of what it being offered.  

I for one, think that this is a big step forward.   In our market, this is not yet a major issue although, in our office, we have worked with Cuban immigrants, who spoke almost no English, Russian business owners, who fortunately were bilingual, and Chinese business owners, who brought their kids to translate for them.   In some of our high schools, the students are speaking 30 or 40 different languages as their native language.  

Check it out.   You can go to www.KCREA.com and do some searching.   Then click on the Translate option and select a language.   If you find that you need some help, let me know. 

Thanks for reading and have a great day!

David

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

ofc: (502) 379-6005
cel: (502) 905-5274
e-mail: DMcCoy@ccre.biz

Let me know if you need help with Commercial Real Estate.  I am a licensed Real Estate Broker in Kentucky and Indiana and I specialize in Commercial Property.  I handle Office, Industrial, Commercial Land, Investment, and Retail properties.   I work with Landlords, Tenants, Sellers, Buyers, and Investors.     Heck, I can even set you up with some help from a residential realtor if you need it.  Give me a call.  I would love to help.

Tuesday, February 5, 2013

New Adventures

I have mentioned a couple of times that I am declaring 2013 to be the Year of Prosperity, which is all well and good but one might legitimately ask how I expect that to play out.   At the end of 2012, I sat down to think about how I wanted to direct my life and career.   

I thought about things that I really loved and things that I really wanted to accomplish then looked at the talents I had in my tool box to see how I might make that happen. 
  • I love languages and cultures. 
  • I love travel and exploring.  
  • I love interacting with other people.  
  • I have an extensive background in Commercial Real Estate. 
  • I am conversant in Spanish.  
  • I have traveled a lot through out the Americas.     
From that, I decided that I needed to explore some new areas.  The obvious first step is to look into International Real Estate.    To be honest, I am not really sure how people make a living practicing international real estate but I intend to find out.    My hope is that I will be able to incorporate a practice of International Real Estate into my practice of Commercial Real Estate.  

Step One - I am going to Costa Rica this year for a conference on International Real Estate where I will get to network with some practitioners and hopefully get some insights.   Also, I will complete the National Association of Realtors courses for a designation of Certified International Property Specialist.     After that, I will evaluate whether this is something that looks promising.  If so, I am considering going for a visit to Brazil later in the year.    

In any event, it is looking like 2013 is going to be an exciting year.   

When I get back, I will share some of my insights.     

Thanks so much for reading!  Hope you have a great day.

David

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

ofc: (502) 379-6005
cel: (502) 905-5274
e-mail:  DMcCoy@ccre.biz

Let me know if you would like some help with Commercial Real Estate.  I am a licensed Real Estate Broker in Kentucky and Indiana and I specialize in Commercial Real Estate.  I handle Office, Industrial, Commercial Land, Investment and Retail properties.   I work with Sellers, Buyers, Landlords and Tenants.   Heck, I can even find you some help with Residential Real Estate if you need it.   

Thursday, January 31, 2013

New Office / Special Purpose Listing

2013 is off to a great start!  Earlier this week, I listed a 32,000 square foot Office / Special Purpose property in Eastern Jefferson County for sale.   This building, located on a 7 acre suburban campus, has abundant parking and has terrific access to I-71 and I-64 via the Gene Snyder freeway.  The asking price is $3.1 Million.    

I plan to tour the property later this week, when I hope to be able to take some pictures that I can post later.  In the mean time, if you would like more information, you can e-mail me for more information OR you can check it out on one of the following sites:
It should be available on www.CoStar.com shortly as well.  

This is a really nice property.  If you know someone who might have an interest, please pass the word!  

Have a great day and thanks for reading!

David

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

ofc: (502) 379-6005
cel: (502) 905-5274
e-mail: DMcCoy@ccre.biz

BTW - I am a licensed real estate broker in Kentucky and Indiana.  I specialize in Commercial Properties, handling Office, Industrial, Commercial land, Investment and Retail properties.   I work with Landlords, Tenants, Sellers and Buyers.    Give me a call if you need some help buying, selling or leasing commercial real estate.  I would love to help.    

Wednesday, June 27, 2012

Another Commercial Real EstateTax Trick

Seems like there is always more to learn.  I attended a conference on Monday and learned a new accounting trick for commercial real estate.   There is a procedure known a Cost Segregation which can allow you to reallocate some of the cost of the building in a way that can allow you to accelerate the depreciation.

Actually this trick has been around for a while but it is not widely known.   It is the result of a decision regarding HCA from I believe 1997.     The IRS then clarified the decision with a ruling in 2004 that specified what was necessary and acceptable to make these determinations.    Until this time, it was only practical for very expensive real estate transactions.  

Bottom line here is that this can lead to big tax savings.   

If you want to know more about Cost Segregation or other Commercial Real Estate issues, give me a call.   I specialize in Commercial Real Estate and handle Office, Industrial, Retail, Land and Investment properties.   I work with Landlords, Tenants, Buyers, Sellers and Investors.    

Have a great day!

David

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

dmccoy@ccre.biz
Ofc: (502) 379-6005
Cel: (502) 905-5274

Tuesday, January 17, 2012

2011 Louisville Office Review

I'm continuing my review of Louisville Commercial Real Estate for 2011.   Today, I am looking at the Office Market.   Here is what I found -

The Numbers -

According to KCREA (Kentucky Commercial Real Estate Alliance), the Louisville metro area had 141 Leases for approximately 504,846 SF of Office space.   The median lease space was 1746 SF.   The largest Office Lease reported for 2011 was 101,000 SF at the call center on Lakefront Place.  The smallest lease reported was 150 SF.   

Regarding Office Sales, KCREA reported 46 Office Buildings / Condos sold in 2011 consisting of 352,687 SF selling for $18,092,309.   The median building size was 2782 SF while the median transaction size was $195,000.     The average selling price per square foot was $49.47.  (note: if you are checking my math, to get this figure, I had to make some adjustments because some transactions did not disclose the square footage of the property.)

The largest transaction in both size of building and dollar value was a 140,826 SF office building in the Louisville CBD.   The smallest unit sold was a 1000 SF Office Condo.   The smallest transaction was a 2942 SF Office building in Henry Co which sold for $31,000.  

What this says to me -

At 141 leases and 46 sales for the year, we are seeing about 2.7 leases and 0.9 sales per week.    It is interesting to note that 50% of the leases are for space less than 1800 SF.  Also, one single lease (the call center mentioned above) comprised 20% of the leased space reported for the year.  

Given the number of showings I had for companies looking for 30,000 SF and up last year, it is telling that of all of the leases reported on KCREA, there were only 2 recorded for more than 20,000 SF.    That seems to validate the feeling that many of my colleagues and I shared that there was a lot of activity looking at space but not nearly as much actually going to lease.    Most of the space being leased, continues to be smaller space.

For Office Sales, the activity remains somewhat light.   Things being sold are tending to be smaller properties at lower price points.   Like the leasing, it is interesting to note that the one 140,826 SF building sold comprised approximately 40% of the Square Footage of Office property sold.  

Recommendations -

My recommendations remain the same.   While I would say that things are looking better - number of calls and showing are up and unemployment is improving, I would also have to say that we continue to have a lot of inventory and downward pressure on pricing.   Successful Landlords and Sellers will keep their properties in top condition and price them competitively.

Notes, Disclaimers and Such -

BTW - If you would like me to evaluate your particular property, give me a call.   Also if you need any help on any real estate needs, I would love to help.  I am licensed in Kentucky and Indiana and specialize in Commercial Real Estate.  I work with Buyers, Sellers, Landlords, Tenants and Investors.   I handle Office, Industrial, Land, Retail and Investment properties.  Heck, I can even set you up if you need help with residential property.  

ALSO - I am sure that my broker would appreciate me clarifying that the views here are my own and do not necessarily represent those of Commonwealth Commercial Real Estate, its brokers, agents or employees (other than me, of course)  If you would like to make a comment or offer another opinion, you may feel free to do so in the comments sections.  What you should not feel free to do though is make comments which are inappropriate or offensive.  Should I see any such comments, I will delete them. 

Finally - The information gathered for this analysis comes from KCREA (Kentucky Commercial Real Estate Alliance).  This information reflects the activity of the members and participants of KCREA and therefore should not be considered a complete census of commercial activity.   It is also dependent on the individual brokers to enter and maintain their information.   As such it is subject to some error.   Never-the-less, it presents a picture of the commercial real estate activity and I believe it is useful for review and analysis.

Let me know if you have any questions or if I can be of some help.   Thanks for reading.  Hope you have a good day.

David

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

ofc: (502) 379-6005
cel: (502) 905-5274
e-mail: DMcCoy@ccre.biz


Sunday, January 8, 2012

Price Reduced on Southern Indiana Car Shop

1414 Spring Street -  Jeffersonville, IN


I am looking for some help finding a buyer for a property in Southern Indiana adjacent to Clark Memorial Hosptial in Jeffersonville.  

This property, formerly Nationwide Auto Restoration, has approximately 7,700  square feet with nearly 4,000 additional square feet of storage in the basement.   There is an office on Spring Street and an industrial shop with 3 drive in doors in the rear.   It would be a great spot for a small auto shop or contractor's office and it is easily accessible from I-65.   There is parking in front and in the rear. 

The industrial part of the building has 16 foot ceilings and has 2 Ingersol Rand compressors running in tandem as well as air lines through out.  The building has heavy power and there is a paint booth which can stay with the building. 

The building was originally priced at $320,000.   The owner is anxious to sell and has now lowered the asking price to $234,000.

If you know of anyone who might have an interest, give me a call.

Thanks for your help!   Have a great day.

David

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

ofc: (502) 379-6005
cel: (502) 905-5274
mailto:DMcCoy@ccre.biz
www.ccre.biz

Tuesday, December 20, 2011

Downtown Office Available 20,000 SF with Free On-site Parking

Med Center II - 1046 E Chestnut St


I am looking for some help for an extra nice property in downtown Louisville.   This former textile mill was renovated about ten years ago and features very nice office space with lots of large windows, sky lights, oak trim, and exposed brick walls.    This is a very nice property with lots of free on-site parking.    The ideal tenant would need about 20,000 SF although we can probably accomodate users for 2,500 SF, 5,000 SF, 10,000 SF or 20,000 SF.   

Some of the features follow - 
  • Up to 20,000 SF contiguous space available on 2 floors
  • Divisible to 2,500 SF
  • Super nice historical renovation of 19th century textile mill featuring exposed brick walls and large windows throughout
  • Ample free on-site parking
  • Downtown location with easy access to CBD, downtown medical district and to Intersta!te system
Extraordinarily nice office space in downtown area with free on-site parking.   This is ideal for executive office space where impressions are important.   Please let me know if you know of anyone who might have an interest.   

A few more interior pictures follow:





Thanks, so much.  Have a great day!

David

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

www.ccre.biz

ofc: 502-379-6005
cel: 502-905-5274

Friday, October 14, 2011

Quantum Business Center - New Office Listing



I have a new Office Listing which is perfect for companies needing smaller affordable office space.   The offices are on the second floor of the Quantum Business Center in Bluegrass Industrial Park.   Some of the features of these offices include: 
  • Large Windows throughout
  • Lots of parking available adjacent to the building
  • Easy access to I-64 via Hurstbourne Parkway interstate interchange
  • Sizes ranging from as little as 584 Square Feet up to as large as 3,328 square feet.   
  • Located in Bluegrass Industrial Park, home to more than 850 businesses employing more than 38,000 people
  • Very affordable rates
Let me know if you know of anyone looking for affordable office space.  I would love to show them around.  

Have a great day, all! 

David

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

Monday, October 3, 2011

Louisville Call Center - My busiest listing - Lease news


I am pleased to report that we have leased a major portion of my Louisville Call Center listing.   The deal which is now official with the new tenant moving in, has been in the works for quite some time.   Although I am sure that the details of the deal will be common knowledge shortly, I do not have permission from my client or the tenant to release any of this information.    

What I can tell you is this, the third floor of this building is still available for lease.  This is an extraordinarily cool building - 
  • Third floor consists of 59,000 Square Feet contiguous space
  • 18 inch raised floors
  • full generator back up for the entire building
  • full uninteruptible power sources for IT equipment
  • approx 750+ cubicles in place
  • the building has parking for 1,100+ cars
This has been an extremely active listing from the very beginning.  Given the amount of activity and ongoing interest in the building, our client is only looking for full floor users for the remaining space.

Anyway, it is a good day when you get to lease or sell a client's property.  

Have a great day!

David

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

Tuesday, March 8, 2011

Louisville Office Stats

KCREA (Kentucky Commercial Real Estate Alliance) has added some new features with statistics from their data.   Some of the information is data I used to mine periodically, which is nice because it can be a little easier to get.   Last week I decided to check it out a little and printed a Summary of Louisville and Jefferson County Office activity.    (for purposes of comparision, the report was printed on March 1, 2011.)

In the previous month, 7 properties were leased and 2 were sold.   Average asking rate to lease office space was $15.40 / SF but actual reported lease rates were $9.14 / SF.    Average asking price to sell office space is $80.82 / SF but actual reported sales averaged $65.66 / SF.   Properties that sold averaged 438 days on the market.  

Of course you have to be careful with statistics.   Given that there are very few transactions, it may not be wise to rely too heavily on the averages.    In my mind the most telling figures are the number of transactions themselves.    Both Sales and Leasing numbers are down significantly and while I might not put too much emphasis on the actual rates, I think it is telling that the information we do have indicates steep discounts from asking price on deals that were done.  

Happy Mardi Gras, everyone.   Hope you get some Red Beans and Rice, some beignets, and maybe even a Hurricane to celebrate.    

David

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

Friday, December 10, 2010

New Lease Signed today for 8700 Westport Road

8700 Westport Rd



A new lease was signed today for 8700 Westport Road.    The new tenant is taking an office on the second floor.   This is the fourth new tenant for this building this year.     If you need some affordable office space, this multi-tenant building has suites available ranging in size from about 650 square feet to as much as 4,600 square feet.  

This is a great site for start up businesses because it is very affordable and very conveniently located.   Let me know if you would like to see space in this building or if I can help you with any of your commercial real estate needs. 

Thanks, all.  Have a terrific weekend!

David

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

Monday, November 15, 2010

Jeffersonville Indiana Auto Shop Available

1414 Spring Street, Jeffersonville, IN


If you know of someone looking for a place for a car shop, this property might be of interest.  Some of you may remember this as the former Nationwide Auto Restoration.  This property is now for sale at $320,000. 

Pertinent information follows:

  • Adjacent to Clark Memorial Hospital campus in Jeffersonville, Indiana
  • Approximately 7706 square feet with an additional 3832 square feet of basement storage
  • Easy access to I-65
  • Industrial portion has 3 separate drive-in doors
  • Zoned C-2 & IS
  • (2) Ingersoll Rand air compressors running in tandem
  • Air lines throughout the building
  • Paint booth and car lift to remain with building
  • 16’ clear height
  • Heavy Power
  • Owner willing to remain as a tenant for industrial portion of building if desired


    Let me know if you or someone you know would like to see this property.   Contact me for more information or to schedule a tour.   Thanks for spreading the word!   Have a great day all.

    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 in Kentucky and Indiana.   I specialize in Commercial Real Estate.  I handle Sales, Leasing and Tenant / Buyer Representation and work with Land, Office, Industrial, Investment and Retail properties.    Let me know if I can be of help with your Commercial Real Estate Needs

    Friday, November 5, 2010

    First Floor Office Condos

    Hurstbourne Springs Office Condos


    I have 3 First Floor Office Condos remaining on Stony Spring Circle in the Hurstbourne Springs Professional development off of Hurstbourne Parkway.  

    §         3420 Stony Spring Circle –
    o       Approximately 1803 SF  
    o       loft design; unfinished;
    o       can be finished in approximately 60 days

    ·        3433 Stony Spring Circle –
    o       Approximately 1505 SF
    o       Adjacent to
    3435 Stony Spring Circle
    allowing for up to 2961 contiguous SF
    o       Single Level
    o       Reception area, large conference room, kitchen area, and several offices

    §         3435 Stony Spring Circle  -
    o       Approximately 1456 SF
    o       Adjacent to
    3433 Stony Spring Circle
    allowing for up to 2961 contiguous SF
    o       Single level
    o       5 offices, conference room, work room and large reception area
    o       End cap unit with windows in every office


    All condos have ground level entrances with parking at the door.   Multiple windows are in every unit.   Professional park environment which is convenient to multiple lunch and retail options.   Easy access to entire metro area via
    Hurstbourne Parkway
    /
    Fern Valley Rd
    loop.

    All are available for lease or sale.   I can accomodate up to 4,500 SF of contiguous space.  Let me know if you know anyone who might be interested.  

    Thanks so much.   Have a great weekend.

    David

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

    I am a licensed real estate broker in Kentucky and Indiana and specialize in Commercial Real Estate.    I handle Land, Office, Industrial, Investment and Retail property.  Let me know if you need any help with commercial real estate.  

    You can also find me on Twitter @mccoydw

    Thursday, November 4, 2010

    Affordable Office in Northeast Louisville


    8700 Westport Road - Westport Office Plaza



    I have been spending a fair amount of time on this listing recently.     When I took over the listing the building was about about 30% leased.    Now it is approximately 63% leased.   This building is in a good location and is very affordable.   A summary of pertinent information follows –

    • Approximately 22,540 Square Feet on approximately 1.27 acres
    • Currently approximately 8,400 Square Feet available ranging from 200 Square Feet to 4,600 Square Feet of contiguous space
    • Windows in most offices
    • Parking at the door
    • Now accessible by the newly opened Westport / Watterson Expressway (I-264) interchange (2,0 miles)
    • Convenient to
      Hurstbourne Parkway
      (1.2 miles) and Gene Snyder Expressway (2.6 miles)
    • Zoned OR-1
    • Signage on
      Westport Rd
    For lease at $10.00 / SF.   Let me know if you know of anyone needing affordable space in this area.   I would love to show them around.   

    Have a great day. 

    David

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

    I am a licensed real estate broker in Kentucky and Indiana.   I specialize in Commercial Real Estate and handle Land, Office, Industrial, Investment and Retail properties.   I represent Landlords, Tenants, Sellers and Buyers.     You can also find me on Twitter @mccoydw.  

    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.