Diverse Portfolios Drive Parking Volume and Revenue
Parking Magazine | C-Suite | June Issue 2022 “Even with a limited pool of parking assets available, it’s possible to diversify to withstand shifting economic climates.” Technology, marketing channels, and parking habits changed quite a bit in recent years. But the business hasn’t truly changed; it’s still about bringing in parkers to your spots. […]
Net-leased Best Buy property in Deptford trades for $17 million
April 28, 2022 | Written by Tina Traster The longtime owner of a single-tenant, net-leased Best Buy store in Deptford has sold the property for $17 million. NMA Deptford LLC, an affiliate of Illinois-based Next Realty LLC, completed the deal at 1851 Deptford Center Road some 19 years after purchasing the asset. An affiliate of […]
Affiliate of Next Realty Acquires Retail Center in Madison
WISCONSIN | MULTIFAMILY An affiliate of Next Realty LLC, on behalf of Next Realty Fund X, LP, has acquired Essex Square, a multi-tenant neighborhood center in Madison, Wisconsin. The financial terms of the transaction were not disclosed. The 44,000-square-foot center, which sits on four acres, is located at 4222 – 4260 E. Towne Blvd. in Madison. […]
Next Realty Acquires Essex Square, a retail center in Madison
Posted by Kristen Hiller on March 23, 2022 MADISON, WIS. — An affiliate of Next Realty LLC has acquired Essex Square, a 44,000-square-foot retail center in Madison. The purchase price and seller were undisclosed. The property is home to 15 tenants, including Concentra Health Services, Half Price Books, The Camera Store, Allstate, Great Clips and […]
Illinois firm buys apartment building in Wauwatosa for $10.3 million
Will complete renovation work started by previous owners By Alex Zank Next Realty LLC has acquired the 64-unit Dolphin Square apartments in Wauwatosa for $10.3 million. An affiliate of the Skokie, Illinois-based real estate investor bought the apartment building last week from its former owners, according to state records. The ownership group included a pair of […]