Prime Parcel in Downtown Honolulu Sells to Developer who Plans Affordable Senior Housing High-Rise
Cushman & Wakefield and Sofos Realty Corporation jointly announced today the firms have teamed up to represent the seller, an affiliate of Next Realty, LLC, in the disposition of a prime ±0.30 acre (12,842 square feet) land parcel in downtown Honolulu, Hawaii. Steven Sofos, CEO, founder of Sofos Realty Corporation handled the transaction on behalf […]
The Next Perspective on the State of the Capital Markets
Local, regional, and national statistics reflect that real estate investment activity remains lower in 2020, comparatively speaking. That comes as no surprise to Next Realty’s Nextperts®: Managing Director, Eteri Zaslavsky, and Director of Acquisitions and leader of the Next Equity Program (NEP), Branko Kuzmanovic. Most investors and owners continue to assess their properties to better […]
Amid The Wreckage, Some Retail Thrives, But Landlords Will Have To Work Harder To Get Those Tenants
The retail sector suffered tremendous reverses in 2020, but even in the midst of what some call a “retail apocalypse,” bright spots also appeared. Some tenants took advantage of the troubled market to sign favorable deals, launch new types of businesses or learn how to use the internet to sustain sales. That has kept many properties […]
Next Realty, LLC and Galloway Group Acquire Rite Aid Property in Virginia Beach, VA
Affiliates of Next Realty, LLC and Galloway Group, Inc are pleased to announce the acquisition of a single-tenant, 13,195 square-foot Rite Aid store located at 840 S. Military Highway (US 13), Virginia Beach, Virginia. The purchase price was not disclosed. The property sits on approximately 3.25 acres of land and benefits from its strategic location […]
Next Realty’s Lincolnshire Commons welcomes Fat Rosie’s Taco and Tequila Bar
Fat Rosie’s Taco and Tequila Bar, the creation of veteran restaurant owner Scott Harris, has opened its fourth Chicago-area Mexican concept restaurant, leasing space at Lincolnshire Commons. This is the seventh restaurant currently operating at Lincolnshire Commons which is owned and managed by an affiliate of Next Realty, LLC.Jonathan Hyman of Metro Commercial represented Fat Rosie’s in the lease […]