CRE Q Kentucky

Midwest Commercial Real Estate Hall of Fame: NAI Isaac's Bruce Isaac

Midwest Commercial Real Estate HOF Bruce Isaac,ph01

Each year, Midwest Real Estate News publishes its Midwest Commercial Real Estate Hall of Fame issue, higlighting the careers of the most influential CRE pros in the region. This year, we are also running those profiles online. This week, we look at the busy career of Bruce Isaac, senior vice president with Lexington, Kentucky-based NAI Isaac.

Bluegrass broker: Lexington, Kentucky, is in the heart of horse country, and local broker Bruce Isaac is certainly a thoroughbred.

The NAI Isaac senior vice president has put together $110 million in sales for Walmart alone, and has a million-square-foot sale to his credit, too. He was the court-appointed receiver for one of the largest buildings in Lexington, the 240,000-square-foot Chase Tower. NAI Isaac was also awarded its leasing and management.

Isaac also collaborated with a special servicer in completing two of the largest office leases in Lexington totaling more than 71,000 square feet and $11.1 million in value. He also provided the leasing and management for GE Capital on two Lexington mixed-use centers totaling more than 400,000 square feet. GE Capital sold the assets to Blackstone, which retained Isaac to lease and manage the centers. Isaac then sold the centers to local investors for $18 million.

The right support: Isaac credits much of his success to the team of commercial real estate pros that work with him.

“I am lucky to work with talented brokers and terrific support staff in our NAI Isaac office,” he said. “I am fortunate to have a great role model in my brother Al Isaac (company president). And I have been blessed to work with some terrific companies and people over my career.”

Bling: In a career of about 30 years, focusing on the leasing, sale and development of commercial, industrial and investment properties throughout Kentucky, Isaac has racked up a substantial trophy shelf. He was the first in Lexington to earn the SIOR designation. Only one in 50 commercial brokers has fulfilled the rigorous SIOR standards. He’s also achieved the tough Certified Commercial Investment Member (CCIM) standard.

In 2009, Isaac was inducted into NAI Global’s Elite Top Producer Hall of Fame, and was named to the NAI Global Gold/Elite Club for more than 10 years for successfully completing more than $1 million in transactions annually with NAI brokers worldwide.

Supporting his industry: Despite his busy career, Isaac finds time to give back to his industry. He is a member of the Lexington Bluegrass, Kentucky and National Association of Realtors, Kentucky and National CCIM Chapters, Kentucky/Indiana SIOR and International SIOR Chapters, the International Council of Shopping Centers and NAI’s Industrial, Retail and Investment Councils.