Media

Ex-Sports Authority Spaces Going Fast

Ex-Sports Authority Spaces are Going Fast / By Brian J. Rogal - Great locations still have appeal, and retail landlords are going after tenants that can resist e-commerce. CHICAGO—The demise of The Sports Authority left some big holes in Chicagoland’s retail market, but landlords have already filled much of that space. Next Realty, LLC just completed • Read More »

Neighborhood Centers Provide Protection From The Internet

May 23, 2017 Neighborhood Centers Provide Protection From The Internet By Brian J. Rogal CHICAGO—E-commerce may have hit many retailers hard, but smaller, service-oriented centers continue drawing in tenants and investors. CHICAGO, LAS VEGAS—ICSC’s RECon event began yesterday in Las Vegas, and even though the challenge presented by internet sales is on the minds of many, • Read More »

Next Realty’s 620 N. LaSalle Featured in Crain’s Chicago Business

Former Sports Authority building targeted for River North offices ​/ By Steven R. Strahler - The former Sports Authority site in River North could be redeveloped as a 17-story office project—unless the vacant eight-story building is rehabbed sooner for a less-patient tenant. The vintage 80,000-square-foot building at LaSalle and Ontario streets, which Skokie-based Next Realty has • Read More »

Next Realty hires HFF to sell Lincolnshire Commons

Want to buy an "e-commerce proof" mall?​ By Alby Gallun The owner of a big Lincolnshire shopping center has decided to put the property up for sale, betting its mix of "e-commerce proof" tenants will attract high bids from investors. Next Realty has hired the Chicago office of HFF to sell Lincolnshire Commons, a 133,000-square-foot shopping • Read More »

Next Realty Announces Adaptive Re-Use/Corporate BTS Plan for 620 N. LaSalle

Next Realty Announces Adaptive Re-Use/Corporate BTS Plan for 620 N. LaSalle Retains CBRE to market highly visible opportunity in Chicago’s River North submarket SKOKIE, IL (March 3, 2017)—Skokie-based Next Realty, LLC has announced plans to repurpose the eight-story former Sports Authority retail location at 620 North LaSalle Street in Chicago. The real estate investment and • Read More »

The Retail Push

The Retail Push   The constant evolution taking place in the retail marketplace in Chicago and across the country portends to a strong finish to 2016 and beginning of 2017 as retailers look to establish their positions and/or redefine their brand with desirable locations and newly designed prototypes. This premise was reinforced recently when retailers, • Read More »

Next Realty Mid-Atlantic Retained by Harris Teeter in the Washington Metro Area

Next Realty Mid-Atlantic has been retained as the exclusive broker for Harris Teeter in the Washington Metro Area. Next Realty Mid-Atlantic, headquartered in Arlington, Virginia, will handle Harris Teeter’s real estate expansion in Northern Virginia, Washington DC and Maryland. Retail industry veteran George Galloway, Managing Principal, Next Realty Mid-Atlantic will be the lead contact for • Read More »

Next Equity Program Featured on Globest.com

Next Realty’s Next Equity Program was featured in a Globest.com article with insight from Andy Hochberg, Chief Executive Officer and Eteri Zaslavsky, Managing Director It’s getting more challenging to find attractive retail deals in the US, and some firms are adopting new strategies. Next Realty, LLC, for example, a Northbrook, IL-based firm, has decided to expand its • Read More »

Next Realty’s Andy Hochberg in “Who’s Who in Commercial Real Estate”

Next Realty's President and CEO, Andy Hochberg, highlighted in Daily Herald Business Ledger's "Who's Who in Commercial Real Estate" Andrew Hochberg has more than 20 years of diverse real estate industry experience in the areas of site selection, acquisitions and operations or retail property, land and parking facilities. Under Hochberg’s leadership as managing principal and managing broker of Northbrook-based Next Realty, the team • Read More »

Playing in Your Own Backyard

Playing in Your Own Backyard For Next Realty’s Director of Acquisitions Alex Katz, the ICSC Chicago Dealmaking Conference is all about letting people know what the firm is looking to acquire. “It’s the end of summer, and some people are looking to get deals closed by the end of the year, others are building momentum • Read More »