JV Picks Up Century-Old Lincoln Park MF
Connect Chicago, Commercial Real Estate News A joint venture partnership between Stocking Urban LLC and Next Realty has completed the acquisition of 838 – 846 W. Altgeld, a 12-unit multifamily property in the North Side’s Lincoln Park neighborhood. The seller was a longtime private owner. The purchase price was undisclosed.The two-building property was completed in […]
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 neighborhood of Chicago, IL. The seller was a longtime private owner. The purchase […]
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 […]
Next Realty Completes Backfilling Its Sports Authority Vacancies
Next Realty has now backfilled all five of its vacant Sports Authority sites, with Big Lots signing up to occupy 48,849 square feet at the defunct sporting goods chain’s Merrillville, IN location. The new lease relocates Big Lots from an end-cap position in the same shopping center, and paves the way for the opening of […]
Suburban Executives Honored for Outstanding Work
Fifteen Chicago and suburban executives were recognized for their excellence in leadership and service Thursday at the annual C-Suite Awards hosted by the Daily Herald Business Ledger and its sponsoring partners. 2018 C-Suite of the Year honorees: • Stephen Ball, senior vice president, business banking manager, MB Financial Bank N.A., Chicago • Steve Banke, CEO, […]