Press Releases

Stocking Urban and Next Realty Partner to Acquire Multifamily Property in Lincoln Park

Stocking Urban and Next Realty Partner to Acquire Multifamily Property in Lincoln Park; Planned modernization program will maintain character and appeal of nearly century old property --  A joint venture partnership between Stocking Urban, LLC and Next Realty, LLC today completed the acquisition of 838–846 W. Altgeld, a 12-unit multifamily property located in the Lincoln Park • 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 Signs New Lease with AutoZone for Milwaukee Retail Space

Next Realty, LLC is pleased to announce that AutoZone has completed a lease to occupy 8,446 square feet at its South Towne Shopping Center at South 27th Street and Loomis Road in Milwaukee, WI. AutoZone plans to open late summer or early fall 2018. Mid-America Real Estate Wisconsin, LLC Principal Dan Rosenfeld and Broker Associate • Read More »

Next Realty Completes Leases at Autumn Grove Shopping Center in Suburban Milwaukee;

High-Intensity Interval Training Fitness Franchise and a New Local Chiropractor Join Tenant Mix Next Realty has completed two new leases totaling almost 4,300 square feet of space at Autumn Grove Shopping Center located at 12850-12960 W. Bluemound Road in Elm Grove, Wisconsin. Shred 415, a Chicago based high-intensity interval training fitness studio, will be occupying • Read More »

Next Realty Managing Director a Featured Speaker at CREW Chicago Event

A recent CREW Chicago education program featured a Finance and Capital Markets discussion, looking specifically at Equity Perspectives. Next Realty Managing Director Eteri Zaslavsky was one of the featured guest speakers. The moderator initially asked panelists whether it is harder to raise capital or to put it to work in today’s market. In helping to • Read More »

Next Realty Continues its Tradition of Investing with Operating Partners

An affiliate of Next Realty, through a joint-venture with local operating partners Robert Sekula and Eric Turrin, of North Park Ventures, and Chad Tepley of CDT Realty, have announced the acquisition of a vintage, West Town apartment building with ground floor restaurant space that will be modernized and repositioned.The partnership has acquired the 153-year-old building • Read More »

Advocate Health Care Expands Services in Lakeview

  Former Sports Authority building to be converted to state-of-the-art outpatient center Downers Grove, Ill. – Construction is underway to convert 42,000 square feet of space at the corner of Clark and Barry streets in Lakeview formerly occupied by The Sports Authority to an outpatient medical center. Advocate Outpatient Center – Lakeview will house physicians • 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 »

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 »