Lawrenceburg
Lawrenceburg, KY · Real Estate
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Kimco Realty Completes $295M Acquisition of Louisville Retail Centers
Kimco Realty acquired Paddock Shops and Shelbyville Road Plaza, two grocery-anchored shopping centers in Louisville, for $295 million. The properties total over 741,000 square feet and are anchored by Trader Joe’s and The Fresh Market. Paddock Shops is 94% leased; Shelbyville Road Plaza is 92% leased. “Paddock Shops and Shelbyville Road Plaza are exactly the kind of centers we want to own: grocery-anchored, in the strongest trade areas of a supply-constrained market,” said Conor Flynn, Chief Executive Officer of Kimco Realty. “These centers also offer meaningful embedded upside through the recapture of below-market leases and the opportunity to further enhance the tenant mix with dynamic brands and specialty retailers.”
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The Hidden Kentucky Town Where $1,300 A Month Gets You The Full American Dream
There’s a town in Kentucky that’s been quietly living its best life while the rest of the country stresses about rent, and it goes by the name of Somerset. For around $1,300 a month, you can cover housing, food, utilities, and the general cost of existing as a human being in this place, which is the kind of sentence that deserves to be read twice.
Lexington Herald-Leader
WKYT 27
Lexington mayor proposes shared appreciation loans for first-time home buyers
LEXINGTON, Ky. (WKYT) - Lexington Mayor Linda Gorton proposed shared appreciation loans Tuesday. The program would make homeownership possible for lower-income households by reducing monthly mortgage payments. The Lexington-Fayette Urban County Council supported the mayor’s proposal and set aside $1 million, which would be enough to assist 15 to 20...
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Newmark Arranges $104 Million Recapitalization of Fritz Farm in Lexington, Kentucky
Lexington, Ky. — Newmark has arranged the $104 million recapitalization of Fritz Farm, 52-acre lifestyle center under development in Lexington. Chris Kramer and Dan Axelson of Newmark secured the senior loan through funds managed by Blackstone, while Conor Lalor of Newmark represented Hendricks Commercial Properties (HCP), who purchased the property in 2025. The transaction adds Kimco Realty as a preferred equity investor in the property.
WUKY
Lexington planners vote down downtown student housing development
Chicago-based Up Campus had outlined plans to rezone property in downtown Lexington to make way for a 10-story, 225-unit apartment building. The development would have affected residents on East High Street, Hagerman Court, and Stone Avenue. But opponents who spoke at a Planning Commission meeting pushed back on the project,...
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Discover The Kentucky Town So Affordable You Can Actually Thrive On Social Security Checks Alone
Somewhere in the heart of Kentucky, there’s a small city quietly doing everything right, and most people have no idea it exists. Danville, Kentucky is that town, and once you hear what it’s offering, you might start wondering why you haven’t already packed your bags. Time to...
Lexington Herald-Leader
Lexington council district 6 candidates want local and ‘sustainable growth'
Experts in communications and manufacturing are running to represent largely affluent neighborhoods and retail-centered areas of Lexington. Tina Bryson, a communications director, and Tyler Pyles, a manufacturer’s representative, are running for the nonpartisan seat of Lexington-Fayette Urban County Council District 6 . This covers areas east of East New Circle Road including Hamburg, Andover, six schools and part of Man o’ War Boulevard. Meet Tina Bryson If elected, Bryson would focus on the city’s “sustainable growth” and “connectivity” among neighborhoods. The 57-year-old is the communications director for Christian Appalachian Project , an interdenominational nonprofit that supports people in poverty across 13 states. She previously held public information and marketing roles in higher education and state government. She would not support expanding the city’s urban service boundary to make room for development. Instead, Bryson said she wants the city to invest in unused properties and bolster existing infrastructure. “Lexington cannot continue to just grow out and out farther and farther, taking our agricultural land,” Bryson said. “Lexington (is) a big city, but with a small town feel, and I think that part of what makes that special is our agricultural land and driving by farms.” Bryson said she would communicate closely