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Moving Forward on Brownsboro Rd!

After several months of deliberation, the Metro Landmarks Committee has unanimously voted to demolish the dilapidated building that formerly housed Azalea restaurant on Brownsboro Road. Grisanti Group Commercial Real Estate is delighted to have taken part in the debate. We believe that the new building will be a welcome addition to the neighborhood.

CategoriesNews

“Like” Us on Facebook and WIN a $50 Gift Card

 

  Like us on Facebook for a chance to win!

Hello Sports Fans!

Your odds of filling out a perfect March Madness bracket are 1 in 35,360,000,000. Your odds of winning a delicious meal at one of our partner restaurants, though?

One in 50.

Be one of the first hundred people to “Like” us on Facebook for a chance to win a $50 gift certificate to Loui Loui’s, QDoba, Homerun Burgers & Fries, or the Bristol.

Two winners will be chosen. Each will get to mix and match restaurants and amounts. Like us now and cure those busted-bracket blues!

Good luck,

Paul Grisanti

CCIM

CategoriesNews

Speedy Closing in Bluegrass Commerce Park

On January 1, 2013, Grisanti Group Commercial Real Estate listed an industrial property in J-Town’s Bluegrass Commerce Park. Just over two months later, that property has sold! Grisanti Group’s Steve Lennon represented both the buyer and seller in this lightning-fast sale.

The 22,080 S/F, two-story commercial warehouse is located at 10121 Bunsen Way. The buyer is System Solutions of Kentucky, which specializes in designing, manufacturing and installing material handling systems.  The purchase price was $575,000.

SSK is pleased to keep their business in Louisville, and Grisanti Group is thrilled to facilitate their move. As always, we wish to thank all of our clients for choosing to work with us.

CategoriesNews

Grisanti Group helps bring casual Italian to Jeffersontown

Anyone up for pizza tonight? Deep dish from Chicago? Nah. Thin crust from New York? No thanks. How about something new, something different? How about…

Detroit. Style. Pizza.

Yummm.

Grisanti Group Commercial Real Estate is pleased to announce that Loui Loui’s Authentic Detroit Style Pizza will be moving in to the former Ferd Grisanti Restaurant, located in the heart of Jeffersontown, at 10212 Taylorsville Rd. Broker Paul Grisanti has a unique relationship to the property:  A former restaurateur, he owned and managed Ferd Grisanti Restaurant for over 30 years. He and Loui Loui’s founder, Mike Spurlock, are confident that the casual eatery will thrive in Jeffersontown. It is scheduled to open its doors in April 2013.

Spurlock, a graduate of Bellarmine University, has spent a decade studying the craft of pizza-making, and is thrilled to bring a taste of Motor City to the Bluegrass. Loui Loui’s will also offer signature dishes like arancini, antipasto salad, pastas, and Italian-inspired desserts, as well as craft beer, wines, and cocktails. Plus, Spurlock and Grisanti will team up to revive some of Ferd’s favorite menu items.

As always, the Grisanti Group is delighted to play a pivotal role in bringing world-class restaurants to Kentuckiana. We thank Spurlock and the rest of our clients who have chosen to work with us. Here’s to many more years of solidifying Louisville’s growing reputation as a foodie destination.

CategoriesNews

Grisanti Group facilitates blockbuster Brownsboro deal

Grisanti Group Commercial Real Estate was bustling for the second half of 2012, as we facilitated the sale of 3620 Brownsboro Road. Many Louisvillians had known the space as Doll’s Market, which closed its doors in 2011. In its place arrives Sutherlands hardware store, which will revitalize a shopping center near the Crescent Hill neighborhood.

Representing both the seller of the property,  Charles F. Bauer Reality Partnership, LLC, and the new owner, Sutherland Lumber-Southwest Inc., Grisanti Group brokers Paul Grisanti and Steve Lennon helped close the $2.54 million sale in late 2012. With the Bauer Reality Partnership originally intending to lease the property, Grisanti and Lennon showed the property to multiple potential users. Ultimately, a sale to Sutherlands worked best for both parties.

Kansas City-based Sutherlands will move into the 23,000 square foot retail facility, bringing a convenient and expansive home-and-hardware mercantile store to a neighborhood where no such large-scale home improvement store yet exists.

The closing of the Doll’s Market/Sutherlands property highlighted a great 2012 for Grisanti Group Commercial Real Estate. We thank all of our clients who chose to work with us. In 2013 we look forward to continuing to provide the best real estate service in Kentucky and southern Indiana.

CategoriesNews

Closing at Prominent Westport Rd. Location

Grisanti Group Commercial Real Estate is happy to announce the $1.4 million closing sale of the property at 4630 Westport Road.  The Holzheimer Family owned this great piece of Louisville real estate at the corner of Westport Rd and Washburn Ave in St. Matthews for over 70 years. As the new Watterson Expressway interchange at Westport Rd transformed this area into a commercially connected corridor, the family sought to transfer the land to a more suitable user.

Park Community Federal Credit Union is the new steward of this  parcel of land, and it will construct not only a branch office, but their corporate offices as well. We wish them the best of luck.

We are also excited to see this part of Louisville benefit from the new infrastructure investments made by the Metro Government. As always, Grisanti Group is proud to help facilitate economic growth in Kentucky and Southern Indiana.

CategoriesCommercial Real Estate

Self-Storage Success Story

Grisanti-Group Commercial Real Estate’s Mike Helline and Paul Grisanti, Kentucky self-storage specialists, recently completed a unique deal in Radcliff, Kentucky. The owner of a self-storage facility near Fort Knox had 100% capacity but due to the facility’s limited size, it was generating minimal profits. With plenty of demand due to the vicinity of the military base, the owner needed an infusion of cash to expand his self-storage business. Helline and Grisanti found an investor who provided the owner with the money he needed to expand the facility from 10,000 square feet to 30,000 square feet. They plan to double the size to 60,000 square feet in the future.

This type of creative business strategy sets Grisanti Group apart in the Louisville Commercial Real Estate market. In this instance we did not facilitate the buying, selling, or leasing a property in the traditional sense, but made a successful transaction take place by finding what our customer needed most. Whatever real estate need you have, Grisanti Group’s brokers are dedicated to satisfying that need and making your business a success.

CategoriesCommercial Real Estate

Cardinal Towne gets Veggie-friendly

Eating organic and healthy in Old Louisville just got tastier and easier. Grisanti Group Commercial Real Estate has recently represented another tenant in Cardinal Towne, placing Green Leaf Natural Vegetarian Bistro in this new complex near the University of Louisville.

Green Leaf offers a unique salad bar that allows customers to choose their own types of greens, dressing, and meat-flavored tofu. Tofu lovers will really appreciate the quality of Green Leaf’s, which is imported from carefully selected specialty suppliers in Tokyo, Hong Kong, and Taipei. And for the tofu-phobes out there, we dare you to try it. You will no doubt be pleasantly surprised by this vegetarian eating experience. Green Leaf is brought to you by the same owners of Green Apple Self-Serve Frozen Yogurt in Prospect, KY.

Even in the face of the slow economy, locally-owned restaurants are thriving throughout the Louisville area. If you are a restauranteur looking for the perfect piece of real estate in Louisville Metro or southern Indiana, Grisanti Group will find you the right property to lease or buy . As a 30-year restaurant proprietor, Paul Grisanti excels at matching the perfect space with each concept and budget.