Paul Ray Smith, Jr, executive vice president of Lexington, Ken.-based NAI Isaac Commercial Properties, has been appointed the receiver for Turfland Mall in Lexington and the Shops at Bashford in Louisville.
Turfland Mall is a 350,000-square-foot retail center located within the Harrodsburg Road corridor in South Lexington. The Shops at Bashford is a 30,000-square-foot shopping center adjacent to Target on Bardstown Road in Southeast Louisville.
NAI Isaac will provide management services and stabilize the properties’ operations.