Next Realty Acquires Arlington Executive Plaza Medical/General Office Complex

An affiliate of Next Realty, LLC announced the acquisition of Arlington Executive Plaza, a medical and general office complex consisting of six single-story buildings located at 3335 – 3385 N. Arlington Heights Road, Arlington Heights, Illinois. Terms of the acquisition—the fourth for Next Realty Fund IX, LP, a fully diversified investment vehicle—were not disclosed. The six buildings • Read More »

Next Realty Acquires Arlington Executive Plaza

ARLINGTON HEIGHTS -- An affiliate of Next Realty, LLC has acquired Arlington Executive Plaza, a medical and general office complex consisting of six, single-story buildings located at 3335--3385 N. Arlington Heights Road in Arlington Heights. Terms of the acquisition were not disclosed. The six buildings at Arlington Executive Plaza total approximately 62,500 square feet of • Read More »

Next Realty Acquires Medical Office Property in Arlington Heights, Illinois

ARLINGTON HEIGHTS, ILL. — Next Realty Fund IX LP has acquired Arlington Executive Plaza, a medical office complex consisting of six single-story buildings in Arlington Heights. The purchase price was not disclosed. The buildings total approximately 62,500 square feet and are situated on more than 6.2 acres of land. The property is 90 percent leased • Read More »

Next Realty Acquires Arlington Executive Plaza Medical/General Office Complex

CHICAGO - An affiliate of Next Realty, LLC is pleased to announce the acquisition of Arlington Executive Plaza, a medical and general office complex consisting of six, single-story buildings located at 3335 – 3385 N. Arlington Heights Road, Arlington Heights, Illinois. The purchase price for Arlington Executive Plaza, the fourth acquisition for Next Realty Fund IX, • Read More »

Midwest Commercial Real Estate Hall of Fame 2018

RE Journals Next Realty's Marc Blum was honored this year in Midwest Real Estate News Commercial Real Estate Hall of Fame issue, which highlights the careers of successful CRE pros in the Midwest. Years in the business: More than 25 Making an impact: During his career, Marc Blum, president and chief operating office of Skokie, Illinois-based Next • Read More »

Stocking Urban, Next Realty to modernize newly acquired Lincoln Park property

RE Journals A joint venture partnership between Stocking Urban, LLC and Next Realty, LLC completed the acquisition of 838–846 W. Altgeld Street, a 12-unit multifamily property located in the Lincoln Park neighborhood of Chicago. The seller was a longtime private owner. The purchase price was undisclosed. The two-building property was built from 1905 to 1915 to house workers from • Read More »

JV Picks Up Century-Old Lincoln Park MF

Connect Chicago, Commercial Real Estate News A joint venture partnership between Stocking Urban LLC and Next Realty has completed the acquisition of 838 – 846 W. Altgeld, a 12-unit multifamily property in the North Side’s Lincoln Park neighborhood. The seller was a longtime private owner. The purchase price was undisclosed.The two-building property was completed in • Read More »

Next Realty Expands Acquisition Focus: Aggressively Seeking Industrial Assets to $50 M

Fully embracing the continued move from brick and mortar to e-commerce real estate strategies, Next Realty has expanded its property acquisition approach by incorporating industrial properties valued up to $50 million. “Changes in the retail landscape continue, and we’ve adapted our approach to be proactive and responsive,” said Andy Hochberg, CEO and Managing Principal of • Read More »

Next Realty Completes Backfilling Its Sports Authority Vacancies

Next Realty has now backfilled all five of its vacant Sports Authority sites, with Big Lots signing up to occupy 48,849 square feet at the defunct sporting goods chain’s Merrillville, IN location. The new lease relocates Big Lots from an end-cap position in the same shopping center, and paves the way for the opening of • Read More »