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 »

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 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 »

Live from ICSC RECon: Next Realty May 2014 Blog Posts

  Blogging live from ICSC: Footloose Posted on May 20, 2014 by rejblog Footloose Rebekah Carlson, Next Realty, LLC Taking a break after starting the day with a meeting with my favorite Cushman affiliates and then a meeting with the Village of Montgomery, Ill., to hear about what’s going on there. Eteri and I came up with a • Read More »

Pulse of the Market: From the Heels of Next Realty

Pulse of the Market : From the Heels of Next Realty Historically, the US has had a real estate cycle of approximately 18 years.  But 2013 doesn't seem very different from 2006, which was only 7 years ago.  Many acquisitions in 2010 and 2011 are proving out to be grand slams.  In hindsight, you almost • Read More »

The State of the Suburban Retail Market

We used to say “location, location, location” to identify a property’s value as an investment.  A couple of years ago, in the midst of recession, I coined the phrase “Location, Liquidity and Luck” as the new 3 L’s of real estate. Using this concept to benchmark current progress in the industry, we can identify strides • Read More »

Next Leases Space at Three Area Shopping Centers

Next Realty Leases Space at Three Area Shopping Centers; Activity Totals Approx. 10,000 Square Feet Northbrook, Ill. (January 29, 2014)—Next Realty, LLC has announced the completion of lease transactions totaling more than 10,000 square feet at three of its shopping centers in the Chicago metropolitan area. The transactions were announced by Marc Blum, president of • Read More »

Pay Now or Pay Later: Maintenance Standards Save Money & Build Value

The payoff line to an old commercial for an automotive service center went something like, “You can pay me now, or you can pay me later.” In pushing a specific type of oil, it played off the concept that failure to complete a routine oil change with quality products now could result in more significant • Read More »