The Retail Push

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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

August 15, 2016, Washington, DC. 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 • Read More »

Next Equity Program Featured on

Next Realty’s Next Equity Program was featured in a 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 »

Next Realty Completes Suburban Leases Totaling Nearly 63,000 SF

Next Realty Completes Suburban Leases Totaling Nearly 63,000 Square Feet; Activity Underscores Strengthening Retail Marketplace NORTHBROOK, IL (May 4, 2015)—Next Realty LLC has completed lease transactions—new leases and extensions—totaling 62,779 square feet of space at retail centers it owns and manages in Lombard, Schaumburg, Lincolnshire and Oak Lawn. ·         In largest of the transactions, The Sports Authority has completed • Read More »

Profile of Andy Hochberg on

A profile of Andy Hochberg, Next Realty's President and Chief Executive Officer, was featured on Real Estate Journals'  Andrew Hochberg began his career as a site selector for his family-owned sporting goods chain, Sportmart. Hochberg still remembers sitting in the back of the family station wagon touring potential locations with his father… With more than • Read More »

Retail Checkups: A Barometer of Fitness

Andy Hochberg, Next Realty's President and Chief Executive Officer, authored a feature article in Scotsman Guide's February 2015 Issue.  In this article, Retail Checkups: A Barometer of Fitness, Mr. Hochberg discusses the importance of using health ratios to help reduce risk in investment strategies by determining the likely future performance of retail properties. #    # • Read More »

Next Realty Fund Buys Lincolnshire Commons

Next Realty Fund Buys Lincolnshire Commons in North Suburban Lincolnshire, Ill.; Modern, 130,000 SF Center Originally Developed by General Growth Properties  Northbrook, Ill.  (September 29, 2014)—On behalf of Next Realty Fund VIII, Next Realty LLC and its joint venture partner have completed the acquisition of Lincolnshire Commons, a Class A destination shopping center that was • Read More »

GNC Leases Space at Parrot Plaza in Melrose Park

GNC Leases Space at Parrot Plaza in Melrose Park; Next Realty’s Retail Center Remains 100% Leased Northbrook, Ill. (June 5, 2014)—GNC has signed a lease at Parrot Plaza, a retail center owned by an affiliate of Next Realty and located at 1401 W. North Ave. in Melrose Park. Ill. The neighborhood strip center remains 100 percent • Read More »