Investment Highlights

Massive Property Renovation: Current ownership has spent over $1,000,000 ($15,000+/unit) in property renovations. Highlights include black appliances, hardwood-style flooring, interior paint, and new roofs on several buildings.

Recent Lexington Job Announcements: Several companies in the Lexington area are making significant investments in a wide variety of different industries:

  • Faneuil, a customer service company, has spent $12.2M equipping an office building less than 2 miles from Derby Pointe. The company plans on hiring 450 people by the end of 2021
  • Baptist Health Lexington has plans to open an outpatient surgery and medical campus in the Hamburg area by 2023 and add 600 jobs
  • Anixter, a global distributor of technology and security products, is investing $4.23M in its Lexington operation and will grow its staff by over 100 jobs
  • Curaleaf, a hemp processor, has invested $6M in its new Lexington facility in anticipation of adding 150 jobs
  • CLARK Material Handling, a forklift manufacturer, is expanding its Lexington operations with a $4.6M investment that will create 40 jobs

Lexington Demand Drivers: Located next to I-64 (98,207 VPD), tenants of Derby Pointe have access to a wide range of universities, employers, industries, hospitals, and retail hubs:

  • University of Kentucky (17,500 jobs / 30,277 students)
  • Toyota Motor Manufacturing (9,451 jobs)
  • (2,700 jobs)
  • Conduent (2,500 jobs)
  • Veterans Medical Center (2,086 jobs)
  • Baptist Health (1,852 jobs)
  • KentuckyOne Health (1,847 jobs)
  • LexMark International (1,600 jobs)
  • Hamburg Pavilion (980,000 SF)
  • Fayette Mall (1,190,985 SF)

High Quality of Life: Lexington appears in several national publications for its job market, cost of living, and family-friendly nature:

  • #3 Best Cities With High Salaries & Low Costs of Living (GOBankingRates)
  • #3 Best Cities to Raise a Family (Zumper)
  • #3 Safest Metro Cities in America (SafeWise)
  • #5 Best Run Cities in America (WalletHub)
  • #7 Best Cities in the U.S. for College Grads (SmartAsset)

Lexington’s Educated Workforce: Led by the University of Kentucky, the Lexington region is home to 10 colleges and universities with total enrollment of roughly 70,000. Additionally, Lexington ranks in the Top 15 nationally for its educated workforce:

  • #11 - 18% of the population has an advanced degree
  • #14 - 41.8% of the population 25 years or older has a bachelor’s degree

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